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DEEPBRAIN CHAIN - DBC/USDT
DEEPBRAIN CHAIN - DBC/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: DBCUSDT
ISIN:

DEEPBRAIN CHAIN - DBC/USDT - Daily - Technical analysis published on 01/28/2020 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.000867 USDT
My targets
0.001109 USDT (+9.02%)
0.001397 USDT (+37.39%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for DEEPBRAIN CHAIN - DBC/USDT as long as the price remains well above 0.000867 USDT. The buyers” bullish objective is set at 0.001109 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.001397 USDT. If there is any crossing, the next objective would be the resistance located at 0.001478 USDT. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.001109 USDT. On this resistance, against the trend traders who would like to go short on DEEPBRAIN CHAIN - DBC/USDT with a bearish signal from their trading strategy, should not hesitate to act.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
2.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The DEEPBRAIN CHAIN - DBC/USDT price is 0.001017 USDT. On the day, this instrument gained +6.83% and was between 0.000953 USDT and 0.001094 USDT. This implies that the price is at +6.72% from its lowest and at -7.04% from its highest.

0.000953
0.001094
0.001017

A study of price movements over other periods shows the following variations:

Technical


A technical analysis in Daily of this DEEPBRAIN CHAIN - DBC/USDT chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.000703 0.000867 0.001017 0.001478 0.001911 0.002783
Change (%) -30.88% -14.75% - +45.33% +87.91% +173.65%
Change -0.000314 -0.000150 - +0.000461 +0.000894 +0.001766
Level Intermediate Minor - Intermediate Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0008880.0009200.0009360.0009680.0009840.0010160.001032
Camarilla0.0009390.0009430.0009480.0009520.0009560.0009610.000965
Woodie0.0008800.0009160.0009280.0009640.0009760.0010120.001024
Fibonacci0.0009200.0009380.0009500.0009680.0009860.0009980.001016


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0006500.0006950.0007500.0007950.0008500.0008950.000950
Camarilla0.0007780.0007870.0007960.0008050.0008140.0008230.000833
Woodie0.0006550.0006980.0007550.0007980.0008550.0008980.000955
Fibonacci0.0006950.0007330.0007570.0007950.0008330.0008570.000895


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0002230.0005110.0006660.0009540.0011090.0013970.001552
Camarilla0.0006980.0007390.0007790.0008200.0008610.0009010.000942
Woodie0.0001560.0004780.0005990.0009210.0010420.0013640.001485
Fibonacci0.0005110.0006810.0007850.0009540.0011240.0012280.001397

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 61.66
MACD (12,26,9): 0.0000
Directional Movement: 22.465579
AROON (14): 100.000000
DEMA (21): 0.000817
Parabolic SAR (0,02-0,02-0,2): 0.000728
Elder Ray (13): 0.000185
Super Trend (3,10): 0.000753
Zig ZAG (10): 0.000956
VORTEX (21): 1.0283
Stochastique (14,3,5): 66.97
TEMA (21): 0.000877
Williams %R (14): -36.51
Chande Momentum Oscillator (20): 0.000184
Repulse (5,40,3): -11.6814
ROCnROLL: -1
TRIX (15,9): -0.4490
Courbe Coppock: 28.29
MA7: 0.000836
MA20: 0.000796
MA50: 0.000887
MA100: 0.001208
MAexp7: 0.000867
MAexp20: 0.000833
MAexp50: 0.000929
MAexp100: 0.001172
Price / MA7: +21.65%
Price / MA20: +27.76%
Price / MA50: +14.66%
Price / MA100: -15.81%
Price / MAexp7: +17.30%
Price / MAexp20: +22.09%
Price / MAexp50: +9.47%
Price / MAexp100: -13.23%

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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