BADGER DAO - BADGER/USD - 1H - Technical analysis published on 09/03/2022 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 3.97 USD
My targets
4.10 USD (+2.24%)
4.30 USD (+7.23%)
My analysis
The bullish trend is currently very strong on BADGER DAO - BADGER/USD. As long as the price remains above the support at 3.97 USD, you could try to benefit from the boom. The first bullish objective is located at 4.10 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.30 USD as an objective. Crossing it would then enable buyers to target 4.52 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.1
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Additional analysis
Quotes
The BADGER DAO - BADGER/USD rating is 4.01 USD. On the day, this instrument gained +0.75% and was traded between 3.98 USD and 4.01 USD over the period. The price is currently at +0.75% from its lowest and 0% from its highest.3.98
4.01
4.01
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this BADGER DAO - BADGER/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.70 | 3.83 | 3.97 | 4.01 | 4.10 | 4.30 | 4.52 |
| Change (%) | -7.73% | -4.49% | -1.00% | - | +2.24% | +7.23% | +12.72% |
| Change | -0.31 | -0.18 | -0.04 | - | +0.09 | +0.29 | +0.51 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.63 | 3.75 | 3.86 | 3.98 | 4.09 | 4.21 | 4.32 |
| Camarilla | 3.92 | 3.94 | 3.96 | 3.98 | 4.00 | 4.02 | 4.04 |
| Woodie | 3.64 | 3.75 | 3.87 | 3.98 | 4.10 | 4.21 | 4.33 |
| Fibonacci | 3.75 | 3.84 | 3.89 | 3.98 | 4.07 | 4.12 | 4.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.56 | 3.09 | 3.45 | 3.98 | 4.34 | 4.87 | 5.23 |
| Camarilla | 3.56 | 3.64 | 3.72 | 3.80 | 3.88 | 3.96 | 4.05 |
| Woodie | 2.47 | 3.05 | 3.36 | 3.94 | 4.25 | 4.83 | 5.14 |
| Fibonacci | 3.09 | 3.43 | 3.64 | 3.98 | 4.32 | 4.53 | 4.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.18 | 2.39 | 3.09 | 4.30 | 5.00 | 6.21 | 6.91 |
| Camarilla | 3.27 | 3.44 | 3.62 | 3.79 | 3.97 | 4.14 | 4.32 |
| Woodie | 0.93 | 2.26 | 2.84 | 4.17 | 4.75 | 6.08 | 6.66 |
| Fibonacci | 2.39 | 3.12 | 3.57 | 4.30 | 5.03 | 5.48 | 6.21 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.26 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 6.12 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 4.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.92 | |
| Elder Ray (13): | -0 | |
| Super Trend (3,10): | 3.85 | |
| Zig ZAG (10): | 4.00 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 44.72 | |
| TEMA (21): | 4.03 | |
| Williams %R (14): | -57.72 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.1700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 1.10 |
| MA7: | 3.83 | |
| MA20: | 3.99 | |
| MA50: | 4.24 | |
| MA100: | 4.15 | |
| MAexp7: | 4.01 | |
| MAexp20: | 3.99 | |
| MAexp50: | 3.93 | |
| MAexp100: | 3.89 | |
| Price / MA7: | +4.70% | |
| Price / MA20: | +0.50% | |
| Price / MA50: | -5.42% | |
| Price / MA100: | -3.37% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.50% | |
| Price / MAexp50: | +2.04% | |
| Price / MAexp100: | +3.08% |
Quotes :
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Real time data
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