Price / Performance Summary
Price	$21,690
High	$23,430
Low	$21,480
7 Day	-4,4%
30 Day	-46,8%
3 Month	-44,9%
6 Month	318,7%
9 Month	307,7%
12 Month	637,8%

 

Simple Moving Averages (d)
	Value	Action
10-d	22,710	HOLD
20-d	23,159	HOLD
30-d	23,047	HOLD
50-d	29,265	WEAK SELL
(6,21)-d	23,159 - 22,935	WEAK BUY
(50,200)-d	29,209 - 25,232	HOLD
Exponential Moving Averages
10-d	22,760	HOLD
20-d	23,660	HOLD
30-d	24,952	HOLD
50-d	27,249	WEAK SELL
Simple - Exponential Moving Averages Pairing
20-d	23,607 - 23,159	SELL

 

Oscillators (d)
	Value	Action
RSI (14)	43,57	HOLD
MACD (5,35,5)	(-3,00 -3,14)	STRONG SELL
CCI(14)	-55,44	HOLD
Bollinger Bands	N/A	WEAK SELL
Chande Momentum Oscillator	-14,06	HOLD
DEMA(20,50)	21,423 - 22,935	WEAK BUY
Stokastik Oscillator (14,3,3)	(36,58 - 44,55)	HOLD
Williams %R	-69,19	HOLD
Chaikin Osilatörü	-0,3M	WEAK SELL
Detrended Price Osilatörü	-2,61	HOLD
Volume-Demand Oscillators (d)
Demand Index	-0,303	HOLD
Money Flow Index	43,7	HOLD

I. Trend Analysis

Chart 1 – Trend Analysis

The uptrend, which has been continuing since May 20, 2021 is shown with a red colour, this is our main trend. The secondary trend is indicated by the blue colour and will definitely break down.

II. Support & Resistance Points & Fibonacci Retreament

Chart 2- Support & Resistance & Fibonacci Retreament

Below are the main support and resistance points

 

MAIN RESISTENCES			MAIN SUPPORTS
5.Fib-Main Resistance	$32,633		1.Main Support	$19,587
4.Main Resistance	$31,056		2.Main Support	$18,153
3.Main Resistance	$27,042		3.Main Support	$14,712
2.Main Resistance	$24,533		4.Main Support	$10,483
1.Fib Resistance	$22,167		5.Fib Support	$5,106

III. Formation Analysis

Chart 3-Formation Analysis

Here, there are 2 symmetrical triangle formations connected to 2 trends. Prices have started to squeeze, it is expected to take volume from the broken points.

IV. Fear & Greed Analysis

Chart 4-Fear & Greed Analysis

This index scored 25 out of 100 for DOT, which shows us that there is still a serious fear in the market.

Source: https://alternative.me/crypto/fear-and-greed-index/

V. News Perspective

Here are the headlines of the most recent news for DOT:

-Stake Technologies secures $10M to build DApp ecosystem for Polkadot and Kusama.

-Coinbase Listing and Parachain Progress Boost Polkadot 16%.

DISCLAIMER

This article does not constitute and cannot replace investment advice.

CryptoIndexSeries does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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