DUSK NETWORK - DUSK/USDT
DUSK NETWORK - DUSK/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: DUSKUSDT
ISIN:

DUSK NETWORK - DUSK/USDT - Daily - Technical analysis published on 01/23/2022 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.764600 USDT
My targets
0.601600 USDT (-5.02%)
0.429900 USDT (-32.13%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for DUSK NETWORK - DUSK/USDT as long as the price remains well below 0.764600 USDT. The next bearish objective for sellers is set at 0.601600 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.429900 USDT. In case of crossing, the next objective would be the support located at 0.352267 USDT. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 0.601600 USDT. With this support, against the trend traders who want to buy DUSK NETWORK - DUSK/USDT on a buy signal from their trading strategy should not hesitate to act.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
1.6

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.

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

Additional analysis

Quotes

The DUSK NETWORK - DUSK/USDT price is 0.633400 USDT. The price registered an increase of +15.65% on the session and was between 0.539900 USDT and 0.654700 USDT. This implies that the price is at +17.32% from its lowest and at -3.25% from its highest.

0.539900
0.654700
0.633400

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Technical


Technical analysis of this Daily chart of DUSK NETWORK - DUSK/USDT indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



In fact, 10 technical indicators on 18 studied are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 0.352267 0.429900 0.601600 0.633400 1.002000
Change (%) -44.38% -32.13% -5.02% - +58.19%
Change -0.281133 -0.203500 -0.031800 - +0.368600
Level Minor Major Major - Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2443000.3539000.4508000.5604000.6573000.7669000.863800
Camarilla0.4909130.5098420.5287710.5477000.5666290.5855580.604488
Woodie0.2379500.3507250.4444500.5572250.6509500.7637250.857450
Fibonacci0.3539000.4327830.4815170.5604000.6392830.6880170.766900


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.2943670.0845670.3161330.6950670.9266331.3055671.537133
Camarilla0.3798130.4357750.4917380.5477000.6036630.6596250.715588
Woodie-0.3680500.0477250.2424500.6582250.8529501.2687251.463450
Fibonacci0.0845670.3177780.4618560.6950670.9282781.0723561.305567


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.625600-0.2192000.3582000.7646001.3420001.7484002.325800
Camarilla0.6650550.7552370.8454180.9356001.0257821.1159631.206145
Woodie-0.540100-0.1764500.4437000.8073501.4275001.7911502.411300
Fibonacci-0.2192000.1566120.3887880.7646001.1404121.3725881.748400

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 44.84
MACD (12,26,9): -0.0006
Directional Movement: -10.600890
AROON (14): -35.714286
DEMA (21): 0.781267
Parabolic SAR (0,02-0,02-0,2): 1.040596
Elder Ray (13): -0.156691
Super Trend (3,10): 0.995860
Zig ZAG (10): 0.641800
VORTEX (21): 0.8710
Stochastique (14,3,5): 19.82
TEMA (21): 0.715423
Williams %R (14): -70.76
Chande Momentum Oscillator (20): -0.039900
Repulse (5,40,3): -9.6299
ROCnROLL: -1
TRIX (15,9): 0.7544
Courbe Coppock: 6.84
MA7: 0.754886
MA20: 0.769465
MA50: 0.670742
MA100: 0.459146
MAexp7: 0.711238
MAexp20: 0.760708
MAexp50: 0.672332
MAexp100: 0.529408
Price / MA7: -16.09%
Price / MA20: -17.68%
Price / MA50: -5.57%
Price / MA100: +37.95%
Price / MAexp7: -10.94%
Price / MAexp20: -16.74%
Price / MAexp50: -5.79%
Price / MAexp100: +19.64%

Quotes : - Real time data - Cryptocompare

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

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