BADGER DAO - BADGER/USDT - 1H - Technical analysis published on 11/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
61%
0%
39%
My opinion
Bullish above 3.52 USDT
My targets
3.75 USDT (+5.42%)
3.85 USDT (+8.15%)
My analysis
The strong short-term increase in BADGER DAO - BADGER/USDT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 3.52 USDT, you could consider taking advantage of the short-term movement. The first bullish objective is located at 3.75 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.85 USDT as an objective. Crossing it would then enable buyers to target 4.29 USDT. Caution, a return under 3.52 USDT could jeopardize the reversal.
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
2.7
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Additional analysis
Quotes
The BADGER DAO - BADGER/USDT rating is 3.56 USDT. On the day, this instrument lost -1.66% and was traded between 3.52 USDT and 3.65 USDT over the period. The price is currently at +1.14% from its lowest and -2.47% from its highest.3.52
3.65
3.56
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of BADGER DAO - BADGER/USDT indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish 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, 11 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.76 | 3.25 | 3.52 | 3.56 | 3.85 | 4.29 | 4.62 |
| Change (%) | -22.47% | -8.71% | -1.12% | - | +8.15% | +20.51% | +29.78% |
| Change | -0.80 | -0.31 | -0.04 | - | +0.29 | +0.73 | +1.06 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 3.13 | 3.24 | 3.43 | 3.54 | 3.73 | 3.84 | 4.03 |
| Camarilla | 3.54 | 3.57 | 3.59 | 3.62 | 3.65 | 3.68 | 3.70 |
| Woodie | 3.17 | 3.26 | 3.47 | 3.56 | 3.77 | 3.86 | 4.07 |
| Fibonacci | 3.24 | 3.36 | 3.43 | 3.54 | 3.66 | 3.73 | 3.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.84 | 2.57 | 3.02 | 3.75 | 4.20 | 4.93 | 5.38 |
| Camarilla | 3.14 | 3.24 | 3.35 | 3.46 | 3.57 | 3.68 | 3.79 |
| Woodie | 1.69 | 2.50 | 2.87 | 3.68 | 4.05 | 4.86 | 5.23 |
| Fibonacci | 2.57 | 3.02 | 3.30 | 3.75 | 4.20 | 4.48 | 4.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.14 | 1.54 | 1.98 | 2.38 | 2.82 | 3.22 | 3.66 |
| Camarilla | 2.20 | 2.28 | 2.35 | 2.43 | 2.51 | 2.58 | 2.66 |
| Woodie | 1.17 | 1.55 | 2.01 | 2.39 | 2.85 | 3.23 | 3.69 |
| Fibonacci | 1.54 | 1.86 | 2.06 | 2.38 | 2.70 | 2.90 | 3.22 |
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): | 56.06 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 2.83 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 3.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.46 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 3.46 | |
| Zig ZAG (10): | 3.56 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 60.45 | |
| TEMA (21): | 3.58 | |
| Williams %R (14): | -39.58 | |
| Chande Momentum Oscillator (20): | 0.11 | |
| Repulse (5,40,3): | 0.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 5.66 |
| MA7: | 3.65 | |
| MA20: | 3.44 | |
| MA50: | 2.70 | |
| MA100: | 2.39 | |
| MAexp7: | 3.56 | |
| MAexp20: | 3.52 | |
| MAexp50: | 3.53 | |
| MAexp100: | 3.61 | |
| Price / MA7: | -2.47% | |
| Price / MA20: | +3.49% | |
| Price / MA50: | +31.85% | |
| Price / MA100: | +48.95% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +1.14% | |
| Price / MAexp50: | +0.85% | |
| Price / MAexp100: | -1.39% |
Quotes :
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Real time data
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