BADGER DAO - BADGER/USDT - Weekly - Technical analysis published on 11/21/2023 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
72%
11%
17%
My opinion
Bullish above 2.76 USDT
My targets
3.66 USDT (+1.19%)
5.38 USDT (+48.54%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for BADGER DAO - BADGER/USDT as long as the price remains well above 2.76 USDT. The buyers' bullish objective is set at 3.66 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.38 USDT. If there is any crossing, the next objective would be the resistance located at 14.97 USDT.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
3
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Additional analysis
Quotes
The BADGER DAO - BADGER/USDT price is 3.62 USDT. Over 5 days, this instrument lost -5.71% and has been traded over the last 5 days between 3.31 USDT and 4.02 USDT. This implies that the 5 day price is +9.28% from its lowest point and -9.89% from its highest point.3.31
4.02
3.62
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Weekly of this BADGER DAO - BADGER/USDT chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
Price
S1 | Price | R1 | R2 | |
---|---|---|---|---|
ProTrendLines | 2.76 | 3.62 | 14.97 | 39.11 |
Change (%) | -23.76% | - | +313.54% | +980.39% |
Change | -0.86 | - | +11.35 | +35.49 |
Level | Major | - | Minor | Major |
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 | 3.26 | 3.39 | 3.53 | 3.66 | 3.80 | 3.93 | 4.07 |
Camarilla | 3.60 | 3.62 | 3.65 | 3.67 | 3.70 | 3.72 | 3.74 |
Woodie | 3.27 | 3.39 | 3.54 | 3.66 | 3.81 | 3.93 | 4.08 |
Fibonacci | 3.39 | 3.49 | 3.56 | 3.66 | 3.76 | 3.83 | 3.93 |
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): | 63.97 | |
MACD (12,26,9): | 0.2000 | |
Directional Movement: | 40.04 | |
AROON (14): | 57.14 | |
DEMA (21): | 2.80 | |
Parabolic SAR (0,02-0,02-0,2): | 2.37 | |
Elder Ray (13): | 0.86 | |
Super Trend (3,10): | 2.16 | |
Zig ZAG (10): | 3.60 | |
VORTEX (21): | 1.1200 | |
Stochastique (14,3,5): | 48.23 | |
TEMA (21): | 3.24 | |
Williams %R (14): | -54.93 | |
Chande Momentum Oscillator (20): | 1.58 | |
Repulse (5,40,3): | -4.4700 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.1100 | |
Courbe Coppock: | 88.68 |
MA7: | 3.68 | |
MA20: | 3.50 | |
MA50: | 2.73 | |
MA100: | 2.40 | |
MAexp7: | 3.11 | |
MAexp20: | 2.65 | |
MAexp50: | 3.31 | |
MAexp100: | 6.58 | |
Price / MA7: | -1.63% | |
Price / MA20: | +3.43% | |
Price / MA50: | +32.60% | |
Price / MA100: | +50.83% | |
Price / MAexp7: | +16.40% | |
Price / MAexp20: | +36.60% | |
Price / MAexp50: | +9.37% | |
Price / MAexp100: | -44.98% |
Quotes :
-
Real time data
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