POLKADOT - DOT/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
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Type:	Cryptocurrencies
Ticker:	DOTUSD
ISIN:

POLKADOT - DOT/USD - Daily - Technical analysis published on 10/19/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

44%

28%

My opinion

Bearish under 6.80 USD

My targets

5.49 USD (-10.64%)

4.65 USD (-24.22%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on POLKADOT - DOT/USD as long as the price remains well below 6.80 USD. The sellers' bearish objective is set at 5.49 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.65 USD. In case of crossing, the next objective would be the support located at 3.75 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.5

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The POLKADOT - DOT/USD rating is 6.14 USD. On the day, this instrument lost -0.16% and was traded between 6.07 USD and 6.18 USD over the period. The price is currently at +1.15% from its lowest and -0.65% from its highest.

6.07

6.18

6.14

Here is a more detailed summary of the historical variations registered by POLKADOT - DOT/USD:

Technical

A technical analysis in Daily of this POLKADOT - DOT/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

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

Price

	S1	Price	R1	R2	R3
ProTrendLines	3.75	6.14	6.19	9.47	10.96
Change (%)	-38.93%	-	+0.81%	+54.23%	+78.50%
Change	-2.39	-	+0.05	+3.33	+4.82
Level	Intermediate	-	Major	Major	Minor

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	5.83	5.96	6.05	6.18	6.27	6.40	6.49
Camarilla	6.09	6.11	6.13	6.15	6.17	6.19	6.21
Woodie	5.82	5.95	6.04	6.17	6.26	6.39	6.48
Fibonacci	5.96	6.04	6.09	6.18	6.26	6.31	6.40

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.83	5.27	5.66	6.10	6.49	6.93	7.32
Camarilla	5.82	5.90	5.97	6.05	6.13	6.20	6.28
Woodie	4.81	5.26	5.64	6.09	6.47	6.92	7.30
Fibonacci	5.27	5.59	5.78	6.10	6.42	6.61	6.93

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.34	4.65	5.49	6.80	7.64	8.95	9.79
Camarilla	5.73	5.93	6.12	6.32	6.52	6.71	6.91
Woodie	3.10	4.53	5.25	6.68	7.40	8.83	9.55
Fibonacci	4.65	5.48	5.98	6.80	7.63	8.13	8.95

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):	40.95
MACD (12,26,9):	-0.1400
Directional Movement:	-4.81
AROON (14):	-21.43
DEMA (21):	6.06
Parabolic SAR (0,02-0,02-0,2):	6.45
Elder Ray (13):	-0.08
Super Trend (3,10):	6.77
Zig ZAG (10):	6.11
VORTEX (21):	0.9800
Stochastique (14,3,5):	55.42
TEMA (21):	6.12
Williams %R (14):	-50.60
Chande Momentum Oscillator (20):	-0.22
Repulse (5,40,3):	-1.1200
ROCnROLL:	2
TRIX (15,9):	-0.3500
Courbe Coppock:	6.78

MA7:	6.13
MA20:	6.25
MA50:	6.65
MA100:	7.24
MAexp7:	6.16
MAexp20:	6.26
MAexp50:	6.63
MAexp100:	7.48
Price / MA7:	+0.16%
Price / MA20:	-1.76%
Price / MA50:	-7.67%
Price / MA100:	-15.19%
Price / MAexp7:	-0.32%
Price / MAexp20:	-1.92%
Price / MAexp50:	-7.39%
Price / MAexp100:	-17.91%

Quotes : - Real time data - Cryptocompare

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

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Londinia AI

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