I-Polkadot (i-DOT) ikwiNgingqi ye-Overbought, ijongene noKwaliwa kwi-34 yeedola

UAzeez Mustapha

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£89

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Imirhumo yenyanga iqala kwi-£58.


Inqanaba lokumelana eliphambilis: $ 60, $ 62, $ 64
Amanqanaba enkxaso aphambili: $ 40, $ 38, $ 36

IPolkadot (DOT) Ixabiso leXesha elide leXesha: Bullish
IPolkadot (DOT) has rallied to $34 resistance zone but could not sustain `above it. On September 1, buyers retested the resistance level buy were repelled. For the past three days, DOT price has been struggling below the resistance level. Further upward move is unlikely as Polkadot reaches the overbought region. Meanwhile, on August 21 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the DOT price will rise but reverse to1.272 Fibonacci extension or level $34.10.

I-DOT / USD-Itshathi yemihla ngemihla

Imiqondiso yetshathi yemihla ngemihla:
DOT price is at level 71 of the Relative Strength Index period 14. The altcoin has reached the overbought region of the market. The DOT price is above the 80% range of the daily stochastic. Also, the stochastic has indicated an overbought condition of the coin. The 21-day and 50-day SMAs are sloping upward indicating the trend.

IPolkadot (DOT) yeXesha eliPhakathi leTrend: Bullish
On the 4-hour chart, Polkadot has resumed upward move. Buyers broke the resistance at $32.Meanwhile, on the August 31 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that DOT will rise to level 1.272 Fibonacci extension or level $33.88.

I-DOT / USD-Itshathi yemihla ngemihla

Isalathisi seeyure ezingama-4 Ukufunda
Polkadot is above the 80% range of the daily stochastic. The crypto is trading in the overbought region of the market. The crypto is in a bullish momentum. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend.

Umbono gabalala wePolkadot (DOT)
DOT/USD has resumed upward move. The uptrend is facing rejection at the 34 resistance level. The market is expected to fall as sellers emerge in the overbought region . According to the Relative Strength Index, DOT price has no room to rally on the upside .


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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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