POLKADOT - DOT/USD - 1H - Technical analysis published on 06/20/2022 (GMT)
- 228
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
28%
28%
44%
My opinion
Neutral between 6.97 USD and 7.45 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on POLKADOT - DOT/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 7.45 USD. The first support is located at 6.97 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The POLKADOT - DOT/USD price is 7.30 USD. On the day, this instrument lost -3.05% and was traded between 7.17 USD and 7.57 USD over the period. The price is currently at +1.81% from its lowest and -3.57% from its highest.7.17
7.57
7.30
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of POLKADOT - DOT/USD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
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 resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.35 | 6.65 | 6.97 | 7.30 | 7.45 | 8.10 | 8.77 |
| Change (%) | -13.01% | -8.90% | -4.52% | - | +2.05% | +10.96% | +20.14% |
| Change | -0.95 | -0.65 | -0.33 | - | +0.15 | +0.80 | +1.47 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | 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 | 6.10 | 6.43 | 6.98 | 7.31 | 7.86 | 8.19 | 8.74 |
| Camarilla | 7.29 | 7.37 | 7.45 | 7.53 | 7.61 | 7.69 | 7.77 |
| Woodie | 6.21 | 6.49 | 7.09 | 7.37 | 7.97 | 8.25 | 8.85 |
| Fibonacci | 6.43 | 6.77 | 6.97 | 7.31 | 7.65 | 7.85 | 8.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.58 | 4.96 | 6.00 | 7.38 | 8.42 | 9.80 | 10.84 |
| Camarilla | 6.37 | 6.59 | 6.81 | 7.03 | 7.25 | 7.47 | 7.70 |
| Woodie | 3.40 | 4.88 | 5.82 | 7.30 | 8.24 | 9.72 | 10.66 |
| Fibonacci | 4.96 | 5.89 | 6.46 | 7.38 | 8.31 | 8.88 | 9.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -3.11 | 1.98 | 6.25 | 11.34 | 15.61 | 20.70 | 24.97 |
| Camarilla | 7.94 | 8.79 | 9.65 | 10.51 | 11.37 | 12.23 | 13.08 |
| Woodie | -3.53 | 1.78 | 5.83 | 11.14 | 15.19 | 20.50 | 24.55 |
| Fibonacci | 1.98 | 5.56 | 7.77 | 11.34 | 14.92 | 17.13 | 20.70 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.88 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 2.10 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 7.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.50 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 7.06 | |
| Zig ZAG (10): | 7.34 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 38.78 | |
| TEMA (21): | 7.39 | |
| Williams %R (14): | -65.96 | |
| Chande Momentum Oscillator (20): | -0.21 | |
| Repulse (5,40,3): | 0.4600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 0.10 |
| MA7: | 7.45 | |
| MA20: | 8.39 | |
| MA50: | 10.09 | |
| MA100: | 14.67 | |
| MAexp7: | 7.33 | |
| MAexp20: | 7.31 | |
| MAexp50: | 7.22 | |
| MAexp100: | 7.25 | |
| Price / MA7: | -2.01% | |
| Price / MA20: | -12.99% | |
| Price / MA50: | -27.65% | |
| Price / MA100: | -50.24% | |
| Price / MAexp7: | -0.41% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | +1.11% | |
| Price / MAexp100: | +0.69% |
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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