POLKADOT - DOT/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	DOTUSD
ISIN:

POLKADOT - DOT/USD - 1H - Technical analysis published on 01/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 7.32 USD

My targets

7.60 USD (+1.74%)

8.02 USD (+7.36%)

My analysis

POLKADOT - DOT/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 7.32 USD. The next resistance located at 7.60 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 8.02 USD. After this resistance, buyers could then target 8.35 USD.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

4.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The POLKADOT - DOT/USD rating is 7.47 USD. The price is lower by -0.27% since the last closing with the lowest point at 7.29 USD and the highest point at 7.53 USD. The deviation from the price is +2.47% for the low point and -0.80% for the high point.

7.29

7.53

7.47

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of POLKADOT - DOT/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 6 are neutral and 5 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.71	6.96	7.32	7.47	7.60	8.02	8.35
Change (%)	-10.17%	-6.83%	-2.01%	-	+1.74%	+7.36%	+11.78%
Change	-0.76	-0.51	-0.15	-	+0.13	+0.55	+0.88
Level	Intermediate	Minor	Intermediate	-	Intermediate	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.83	6.18	6.83	7.18	7.83	8.18	8.83
Camarilla	7.22	7.31	7.40	7.49	7.58	7.67	7.77
Woodie	5.99	6.26	6.99	7.26	7.99	8.26	8.99
Fibonacci	6.18	6.56	6.80	7.18	7.56	7.80	8.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.37	5.60	6.36	7.59	8.35	9.58	10.34
Camarilla	6.58	6.77	6.95	7.13	7.31	7.50	7.68
Woodie	4.15	5.48	6.14	7.47	8.13	9.46	10.12
Fibonacci	5.60	6.36	6.83	7.59	8.35	8.82	9.58

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.63	3.50	5.85	7.72	10.07	11.94	14.29
Camarilla	7.04	7.43	7.81	8.20	8.59	8.97	9.36
Woodie	1.87	3.62	6.09	7.84	10.31	12.06	14.53
Fibonacci	3.50	5.11	6.11	7.72	9.33	10.33	11.94

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	54.87
MACD (12,26,9):	0.0600
Directional Movement:	-0.20
AROON (14):	-64.28
DEMA (21):	7.46
Parabolic SAR (0,02-0,02-0,2):	7.52
Elder Ray (13):	0.02
Super Trend (3,10):	7.20
Zig ZAG (10):	7.41
VORTEX (21):	1.1100
Stochastique (14,3,5):	38.89
TEMA (21):	7.47
Williams %R (14):	-41.67
Chande Momentum Oscillator (20):	-0.06
Repulse (5,40,3):	0.7900
ROCnROLL:	1
TRIX (15,9):	0.1700
Courbe Coppock:	0.20

MA7:	7.42
MA20:	8.11
MA50:	6.93
MA100:	5.69
MAexp7:	7.42
MAexp20:	7.37
MAexp50:	7.28
MAexp100:	7.34
Price / MA7:	+0.67%
Price / MA20:	-7.89%
Price / MA50:	+7.79%
Price / MA100:	+31.28%
Price / MAexp7:	+0.67%
Price / MAexp20:	+1.36%
Price / MAexp50:	+2.61%
Price / MAexp100:	+1.77%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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