POLKADOT - DOT/USD - 1H - Technical analysis published on 06/10/2024 (GMT)
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- Timeframe : 1H
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- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
44%
6%
50%
My opinion
Neutral between 6.43 USD and 6.80 USD
My targets
-
My analysis
The short-term increase on POLKADOT - DOT/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 6.80 USD. The first support is located at 6.43 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
The POLKADOT - DOT/USD price is 6.51 USD. On the day, this instrument lost -0.15% and was between 6.36 USD and 6.58 USD. This implies that the price is at +2.36% from its lowest and at -1.06% from its highest.6.36
6.58
6.51
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this POLKADOT - DOT/USD chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.33 | 6.10 | 6.43 | 6.51 | 6.80 | 7.01 | 7.13 |
| Change (%) | -18.13% | -6.30% | -1.23% | - | +4.45% | +7.68% | +9.52% |
| Change | -1.18 | -0.41 | -0.08 | - | +0.29 | +0.50 | +0.62 |
| Level | Minor | Intermediate | Major | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.24 | 6.31 | 6.41 | 6.48 | 6.58 | 6.65 | 6.75 |
| Camarilla | 6.47 | 6.49 | 6.50 | 6.52 | 6.54 | 6.55 | 6.57 |
| Woodie | 6.27 | 6.32 | 6.44 | 6.49 | 6.61 | 6.66 | 6.78 |
| Fibonacci | 6.31 | 6.37 | 6.41 | 6.48 | 6.54 | 6.58 | 6.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.69 | 5.39 | 5.89 | 6.59 | 7.09 | 7.79 | 8.29 |
| Camarilla | 6.05 | 6.16 | 6.27 | 6.38 | 6.49 | 6.60 | 6.71 |
| Woodie | 4.58 | 5.34 | 5.78 | 6.54 | 6.98 | 7.74 | 8.18 |
| Fibonacci | 5.39 | 5.85 | 6.14 | 6.59 | 7.05 | 7.34 | 7.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.51 | 5.32 | 6.15 | 6.96 | 7.79 | 8.60 | 9.43 |
| Camarilla | 6.53 | 6.68 | 6.83 | 6.98 | 7.13 | 7.28 | 7.43 |
| Woodie | 4.52 | 5.33 | 6.16 | 6.97 | 7.80 | 8.61 | 9.44 |
| Fibonacci | 5.32 | 5.95 | 6.33 | 6.96 | 7.59 | 7.97 | 8.60 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.15 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 3.06 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 6.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.45 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 6.38 | |
| Zig ZAG (10): | 6.52 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 71.21 | |
| TEMA (21): | 6.53 | |
| Williams %R (14): | -27.27 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.4000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 2.36 |
| MA7: | 6.81 | |
| MA20: | 7.09 | |
| MA50: | 7.02 | |
| MA100: | 8.03 | |
| MAexp7: | 6.52 | |
| MAexp20: | 6.50 | |
| MAexp50: | 6.52 | |
| MAexp100: | 6.63 | |
| Price / MA7: | -4.41% | |
| Price / MA20: | -8.18% | |
| Price / MA50: | -7.26% | |
| Price / MA100: | -18.93% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | -1.81% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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