POLKADOT - DOT/USDT - 15 min. - Technical analysis published on 07/28/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 7.43 USDT
My targets
8.04 USDT (+1.61%)
8.39 USDT (+6.11%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on POLKADOT - DOT/USDT as long as the price remains well above 7.43 USDT. The buyers' bullish objective is set at 8.04 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.39 USDT. If there is any crossing, the next objective would be the resistance located at 9.09 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6
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Additional analysis
Quotes
The POLKADOT - DOT/USDT rating is 7.91 USDT. On the day, this instrument gained +3.00% with the lowest point at 7.47 USDT and the highest point at 7.96 USDT. The deviation from the price is +5.89% for the low point and -0.63% for the high point.7.47
7.96
7.91
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of POLKADOT - DOT/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
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:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
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 | 7.19 | 7.58 | 7.85 | 7.91 | 8.07 | 8.69 | 10.96 |
| Change (%) | -9.10% | -4.17% | -0.76% | - | +2.02% | +9.86% | +38.56% |
| Change | -0.72 | -0.33 | -0.06 | - | +0.16 | +0.78 | +3.05 |
| Level | Major | Minor | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.94 | 6.29 | 6.99 | 7.34 | 8.04 | 8.39 | 9.09 |
| Camarilla | 7.39 | 7.49 | 7.58 | 7.68 | 7.78 | 7.87 | 7.97 |
| Woodie | 6.11 | 6.38 | 7.16 | 7.43 | 8.21 | 8.48 | 9.26 |
| Fibonacci | 6.29 | 6.69 | 6.94 | 7.34 | 7.74 | 7.99 | 8.39 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.61 | 6.25 | 6.79 | 7.43 | 7.97 | 8.61 | 9.15 |
| Camarilla | 7.01 | 7.11 | 7.22 | 7.33 | 7.44 | 7.55 | 7.66 |
| Woodie | 5.56 | 6.23 | 6.74 | 7.41 | 7.92 | 8.59 | 9.10 |
| Fibonacci | 6.25 | 6.70 | 6.98 | 7.43 | 7.88 | 8.16 | 8.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.75 | 4.57 | 5.82 | 7.64 | 8.89 | 10.71 | 11.96 |
| Camarilla | 6.23 | 6.51 | 6.79 | 7.07 | 7.35 | 7.63 | 7.91 |
| Woodie | 2.47 | 4.43 | 5.54 | 7.50 | 8.61 | 10.57 | 11.68 |
| Fibonacci | 4.57 | 5.74 | 6.47 | 7.64 | 8.81 | 9.54 | 10.71 |
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): | 60.89 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 23.75 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 7.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.71 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 7.66 | |
| Zig ZAG (10): | 7.87 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 78.06 | |
| TEMA (21): | 7.89 | |
| Williams %R (14): | -15.81 | |
| Chande Momentum Oscillator (20): | 0.30 | |
| Repulse (5,40,3): | 0.5500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 6.84 |
| MA7: | 7.31 | |
| MA20: | 7.13 | |
| MA50: | 7.35 | |
| MA100: | 9.85 | |
| MAexp7: | 7.86 | |
| MAexp20: | 7.76 | |
| MAexp50: | 7.67 | |
| MAexp100: | 7.51 | |
| Price / MA7: | +8.21% | |
| Price / MA20: | +10.94% | |
| Price / MA50: | +7.62% | |
| Price / MA100: | -19.70% | |
| Price / MAexp7: | +0.64% | |
| Price / MAexp20: | +1.93% | |
| Price / MAexp50: | +3.13% | |
| Price / MAexp100: | +5.33% |
Quotes :
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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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