DODO - DODO/USDT - 1H - Technical analysis published on 02/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 0.200467 USDT
My targets
0.241700 USDT (+11.85%)
0.262600 USDT (+21.52%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DODO - DODO/USDT as long as the price remains well above 0.200467 USDT. The buyers' bullish objective is set at 0.241700 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.262600 USDT. If there is any crossing, the next objective would be the resistance located at 0.281100 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
6.8
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DODO - DODO/USDT price is 0.216100 USDT. The price registered an increase of +6.93% on the session with the lowest point at 0.193100 USDT and the highest point at 0.241700 USDT. The deviation from the price is +11.91% for the low point and -10.59% for the high point.0.193100
0.241700
0.216100
Here is a more detailed summary of the historical variations registered by DODO - DODO/USDT:
Technical
Technical analysis of this 1H chart of DODO - DODO/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 7 technical indicators out of 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.154914 | 0.166900 | 0.198700 | 0.216100 | 0.216500 | 0.241700 | 0.262600 |
| Change (%) | -28.31% | -22.77% | -8.05% | - | +0.19% | +11.85% | +21.52% |
| Change | -0.061186 | -0.049200 | -0.017400 | - | +0.000400 | +0.025600 | +0.046500 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.097767 | 0.142833 | 0.172467 | 0.217533 | 0.247167 | 0.292233 | 0.321867 |
| Camarilla | 0.181558 | 0.188405 | 0.195253 | 0.202100 | 0.208948 | 0.215795 | 0.222643 |
| Woodie | 0.090050 | 0.138975 | 0.164750 | 0.213675 | 0.239450 | 0.288375 | 0.314150 |
| Fibonacci | 0.142833 | 0.171369 | 0.188998 | 0.217533 | 0.246069 | 0.263698 | 0.292233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.107800 | 0.118200 | 0.135200 | 0.145600 | 0.162600 | 0.173000 | 0.190000 |
| Camarilla | 0.144665 | 0.147177 | 0.149688 | 0.152200 | 0.154712 | 0.157223 | 0.159735 |
| Woodie | 0.111100 | 0.119850 | 0.138500 | 0.147250 | 0.165900 | 0.174650 | 0.193300 |
| Fibonacci | 0.118200 | 0.128667 | 0.135133 | 0.145600 | 0.156067 | 0.162533 | 0.173000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.056767 | 0.075333 | 0.104667 | 0.123233 | 0.152567 | 0.171133 | 0.200467 |
| Camarilla | 0.120828 | 0.125218 | 0.129609 | 0.134000 | 0.138391 | 0.142782 | 0.147173 |
| Woodie | 0.062150 | 0.078025 | 0.110050 | 0.125925 | 0.157950 | 0.173825 | 0.205850 |
| Fibonacci | 0.075333 | 0.093631 | 0.104936 | 0.123233 | 0.141531 | 0.152836 | 0.171133 |
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): | 54.10 | |
| MACD (12,26,9): | 0.0038 | |
| Directional Movement: | 23.533426 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.217062 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.241102 | |
| Elder Ray (13): | 0.002322 | |
| Super Trend (3,10): | 0.196976 | |
| Zig ZAG (10): | 0.216100 | |
| VORTEX (21): | 1.0564 | |
| Stochastique (14,3,5): | 38.68 | |
| TEMA (21): | 0.217605 | |
| Williams %R (14): | -59.53 | |
| Chande Momentum Oscillator (20): | 0.013400 | |
| Repulse (5,40,3): | -0.7767 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2180 | |
| Courbe Coppock: | 12.12 |
| MA7: | 0.173671 | |
| MA20: | 0.156560 | |
| MA50: | 0.133390 | |
| MA100: | 0.122434 | |
| MAexp7: | 0.216014 | |
| MAexp20: | 0.212263 | |
| MAexp50: | 0.203993 | |
| MAexp100: | 0.190320 | |
| Price / MA7: | +24.43% | |
| Price / MA20: | +38.03% | |
| Price / MA50: | +62.01% | |
| Price / MA100: | +76.50% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +1.81% | |
| Price / MAexp50: | +5.94% | |
| Price / MAexp100: | +13.55% |
Quotes :
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Real time data
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