Since you last looked
your coinsMoving now
All markets ›Out of their box
since the last readPrice has left the range the coin's last read drew.
Price has left the range the coin's last read drew.
Breakdown from the 0.9775–1.297 range on Oct 29, holding under it, price in the lower third of the move since
The setup is clearly bearish while DOT stays under 1.024: lower highs and lower lows, price at the bottom of the run.
Backing it: it broke down from its month-long range and has held it, the indicators favour the sellers' side and the weekly chart is down.
Price is under the 50-day average (1.110). It is under the 200-day average (1.021), which sits on the 1.024 line.
The last 5 days are down 4.2%, nearly every high lower than the one before.
Price is 13.1% under 1.024, the top of the range it has built since the bounce, and 2.4% over 0.8687, the low of that range.
The first warning would come earlier: a daily close over 0.9327, the old low it broke down from, 4.6% away.
What kills the setup: a daily close over 1.024, 13.1% away.
For it: price is under the average price buyers have paid since the 0.7228 low, 1.069, so those buyers are losing money; more trading has happened on down candles than on up ones, so sellers have been the more active side.
Against it: nothing on the chart right now.
While DOT stays under 1.024 the setup stays bearish; 0.8687 is the next line it has to break.
A 1D close above 1.024 ends the downtrend pressing its lows; no tested level above it on this chart — the next round number is 1.250.
A 1D close below 0.8687 breaks down out of the range; the next level down is 0.7960.
0.8687 is the floor — the low of the range. It is also the prior week low.
1.024 is where sellers keep showing up: it held 3 of 5 visits — a heavy volume shelf, 2.6× the volume of an average price band on this chart.
0.9184, an order block 3.2% above price: sellers turned price there on 3 of 6 visits — a heavy volume shelf, 2.2× the volume of an average price band on this chart.
On Oct 29 DOT closed below the 0.9775–1.297 range it had held for a month. A wick went back over the old floor, 0.9775, to 0.9964 on Nov 4, but no daily close has gone back inside.
Price is in the lower third of the 0.8687–1.024 range.
The weekly picture: a weekly downtrend, 98% under the all-time high; on the daily, price is below the 200-day average (1.021), and the 50-day average is above the 200-day average. The daily has no trend of its own.
Against BTC: over the last 5 daily candles DOT moved -4.2% and BTC -1.2% — DOT is the weaker chart.
The trend has been the sellers': the weekly chart is down. The indicators point the same way: price is under the average price buyers have paid since the 0.7228 low, 1.069, so those buyers are losing money.
The trend is weak — ADX 23, under the 25 where a trend is real, with sellers ahead (−DI 27, +DI 14).
| Level | Price | From price | Role |
|---|---|---|---|
| Swing high | 1.297 | +45.7% | swing, read |
| Swing high | 1.250 | +40.3% | swing, read |
| Swing high | 1.0323 | +16.0% | swing, read edge |
| Read ceiling | 1.024 | +15.1% | read edge |
| Swing high | 0.9775 | +9.9% | swing, read |
| Fib retracement | 0.9378 | +5.4% | fib, sr |
| Swing high | 0.9327 | +4.8% | swing, read |
| Fib retracement | 0.9240 | +3.8% | fib, sr |
| Order block | 0.9184 | +3.2% | order block, calendar |
New to reading charts? Support and resistance · Market structure · How to read a crypto chart