POLKADOT - DOT/USD
POLKADOT - DOT/USD
189.83 USD (+1.33%)
04/01/2025 - 19:59 Preopen Real time data - CoinMarketCap
Open: 189.99
Change: +2.49
Volume: 268,124
Low: 185.42
High: 190.60
High / Low range: 5.18
Type: Cryptocurrencies
Ticker: DOTUSD
ISIN:

POLKADOT - DOT/USD - Daily - Technical analysis published on 01/13/2025 (GMT)

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  • 01/13/2025 - 09:54
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  • Timeframe : Daily
  • - Analysis generated on 01/13/2025 - 09:54
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
78%
6%
My opinion
Bearish under 7.05 USD
My targets
5.55 USD (-11.76%)
4.88 USD (-22.42%)
My analysis
In the short term, we can see an acceleration in the bearish trend on POLKADOT - DOT/USD, which is a positive signal for sellers. As long as the price remains above 7.05 USD, a sale could be considered. The first bearish objective is located at 5.55 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.88 USD as an objective. Crossing it would then enable sellers to target 4.32 USD. If the price were to return above 7.05 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.5

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:
15 min. 1H Weekly

Additional analysis

Quotes

The POLKADOT - DOT/USD rating is 6.29 USD. The price is lower by -5.13% since the last closing with the lowest point at 6.25 USD and the highest point at 6.80 USD. The deviation from the price is +0.64% for the low point and -7.50% for the high point.

6.25
6.80
6.29

Here is a more detailed summary of the historical variations registered by POLKADOT - DOT/USD:
Created with Raphaël 2.3.0-90-67.5-45-22.5022.5January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of POLKADOT - DOT/USD in Daily shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily



In fact, 14 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.88 5.55 6.28 6.29 7.53 8.40 9.52
Change (%) -22.42% -11.76% -0.16% - +19.71% +33.55% +51.35%
Change -1.41 -0.74 -0.01 - +1.24 +2.11 +3.23
Level Minor Intermediate Major - Major Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.246.396.516.666.786.937.05
Camarilla6.566.586.616.636.666.686.70
Woodie6.236.386.506.656.776.927.04
Fibonacci6.396.496.566.666.766.836.93


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.565.496.127.057.688.619.24
Camarilla6.316.456.606.746.887.037.17
Woodie4.405.425.966.987.528.549.08
Fibonacci5.496.096.467.057.658.028.61


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-1.032.504.578.1010.1713.7015.77
Camarilla5.095.606.126.637.147.668.17
Woodie-1.772.143.837.749.4313.3415.03
Fibonacci2.504.645.968.1010.2411.5613.70

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell14
Moving averages
Created with Raphaël 2.3.0Sell19

RSI (14): 37.38
MACD (12,26,9): -0.3000
Directional Movement: -10.55
AROON (14): -71.43
DEMA (21): 6.69
Parabolic SAR (0,02-0,02-0,2): 6.30
Elder Ray (13): -0.36
Super Trend (3,10): 8.06
Zig ZAG (10): 6.34
VORTEX (21): 0.9600
Stochastique (14,3,5): 11.69
TEMA (21): 6.47
Williams %R (14): -98.82
Chande Momentum Oscillator (20): -0.71
Repulse (5,40,3): -10.5300
ROCnROLL: 2
TRIX (15,9): -0.5500
Courbe Coppock: 6.52
MA7: 6.67
MA20: 7.02
MA50: 8.06
MA100: 6.39
MAexp7: 6.70
MAexp20: 7.07
MAexp50: 7.21
MAexp100: 6.75
Price / MA7: -5.70%
Price / MA20: -10.40%
Price / MA50: -21.96%
Price / MA100: -1.56%
Price / MAexp7: -6.12%
Price / MAexp20: -11.03%
Price / MAexp50: -12.76%
Price / MAexp100: -6.81%

Quotes : 01/13/2025 - 09:54 - Real time data - Cryptocompare

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

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