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Crypto Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

Polkadot (CRYPTO:DOTUSD)

Sidelines Mode (-55) - DOTUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DOTUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DOTUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CRYPTO_DOTUSD
Open High Low DOTUSD Price Change
7.211 7.238 7.238 7.170 -0.041
Entry Signal

MarketClub’s Trade Triangles for DOTUSD

long term up The long-term trend has been UP since Nov 9th, 2023 at 5.2170

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 9.2195

short term up The short-term trend has been UP since Apr 19th, 2024 at 6.8230

Smart Scan Analysis for DOTUSD

Based on our trend formula, DOTUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DOTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.211 7.238 7.238 7.170 -0.041
Prev. Close Volume Bid Ask Time
7.211 2024-04-21 05:26:25
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