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Weekly forecast Polkadot technical chart
Symbol DOTUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateSeptember 10, 2023 - 11:16
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 4.130, beginning of uptrend is expected.
  • We make sure when the resistance at 5.750 breaks.
  • If the support at 4.130 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 4.805 on 08/29/2023, so more losses minimum to Major Support (4.130) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 30.

Supports and Resistances:

  1. 55.000
  2. 45.000
  3. 39.000
  4. 32.800
  5. 27.788
  6. 23.250
  7. 20.597
  8. 17.000
  9. 14.164
  10. 11.850
  11. 9.650
  12. 7.900
  13. 7.000
  14. 5.750
  15. 5.115
  16. 4.805
  17. 4.130
  18. 3.595
Click on the level to view price action history.

Symbol Released Current Forecast
Polkadot (DOTUSD) Sun, 9 Jun 2024
Polkadot (DOTUSD) Sun, 2 Jun 2024
Polkadot (DOTUSD) Sun, 26 May 2024
Polkadot (DOTUSD) Sat, 18 May 2024
Polkadot (DOTUSD) Sun, 12 May 2024