POLKADOT - DOT/USD - 1H - Technical analysis published on 01/08/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 6.73 USD
My targets
6.51 USD (-2.25%)
6.28 USD (-5.71%)
My analysis
POLKADOT - DOT/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 6.73 USD. The next support located at 6.51 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 6.28 USD. Below this support, sellers could then target 5.55 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6
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 OzO. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The POLKADOT - DOT/USD rating is 6.66 USD. The price is lower by -4.99% since the last closing and was traded between 6.43 USD and 7.13 USD over the period. The price is currently at +3.58% from its lowest and -6.59% from its highest.6.43
7.13
6.66
Here is a more detailed summary of the historical variations registered by POLKADOT - DOT/USD:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of POLKADOT - DOT/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 5.55 | 6.28 | 6.51 | 6.66 | 6.73 | 6.92 | 7.09 |
| Change (%) | -16.67% | -5.71% | -2.25% | - | +1.05% | +3.90% | +6.46% |
| Change | -1.11 | -0.38 | -0.15 | - | +0.07 | +0.26 | +0.43 |
| Level | Minor | Major | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.85 | 6.43 | 6.72 | 7.30 | 7.59 | 8.17 | 8.46 |
| Camarilla | 6.77 | 6.85 | 6.93 | 7.01 | 7.09 | 7.17 | 7.25 |
| Woodie | 5.71 | 6.36 | 6.58 | 7.23 | 7.45 | 8.10 | 8.32 |
| Fibonacci | 6.43 | 6.76 | 6.97 | 7.30 | 7.63 | 7.84 | 8.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.31 | 5.91 | 6.79 | 7.39 | 8.27 | 8.87 | 9.75 |
| Camarilla | 7.26 | 7.40 | 7.53 | 7.67 | 7.81 | 7.94 | 8.08 |
| Woodie | 5.45 | 5.98 | 6.93 | 7.46 | 8.41 | 8.94 | 9.89 |
| Fibonacci | 5.91 | 6.48 | 6.83 | 7.39 | 7.96 | 8.31 | 8.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.03 | 2.50 | 4.57 | 8.10 | 10.17 | 13.70 | 15.77 |
| Camarilla | 5.09 | 5.60 | 6.12 | 6.63 | 7.14 | 7.66 | 8.17 |
| Woodie | -1.77 | 2.14 | 3.83 | 7.74 | 9.43 | 13.34 | 15.03 |
| Fibonacci | 2.50 | 4.64 | 5.96 | 8.10 | 10.24 | 11.56 | 13.70 |
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): | 33.06 | |
| MACD (12,26,9): | -0.1600 | |
| Directional Movement: | -19.84 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 6.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.94 | |
| Elder Ray (13): | -0.13 | |
| Super Trend (3,10): | 7.03 | |
| Zig ZAG (10): | 6.63 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 39.08 | |
| TEMA (21): | 6.63 | |
| Williams %R (14): | -62.07 | |
| Chande Momentum Oscillator (20): | -0.33 | |
| Repulse (5,40,3): | -0.9900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3400 | |
| Courbe Coppock: | 5.71 |
| MA7: | 7.39 | |
| MA20: | 7.17 | |
| MA50: | 8.11 | |
| MA100: | 6.26 | |
| MAexp7: | 6.71 | |
| MAexp20: | 6.86 | |
| MAexp50: | 7.13 | |
| MAexp100: | 7.30 | |
| Price / MA7: | -9.88% | |
| Price / MA20: | -7.11% | |
| Price / MA50: | -17.88% | |
| Price / MA100: | +6.39% | |
| Price / MAexp7: | -0.75% | |
| Price / MAexp20: | -2.92% | |
| Price / MAexp50: | -6.59% | |
| Price / MAexp100: | -8.77% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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