BADGER DAO - BADGER/USD - Daily - Technical analysis published on 11/18/2023 (GMT)
- 147
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 3.26 USD
My targets
3.66 USD (+5.26%)
4.17 USD (+19.83%)
My analysis
The bullish trend is currently very strong on BADGER DAO - BADGER/USD. As long as the price remains above the support at 3.26 USD, you could try to benefit from the boom. The first bullish objective is located at 3.66 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.17 USD as an objective. Crossing it would then enable buyers to target 5.15 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
5.9
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 SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BADGER DAO - BADGER/USD price is 3.48 USD. The price registered a decrease of -4.40% on the session and was between 3.31 USD and 3.68 USD. This implies that the price is at +5.14% from its lowest and at -5.43% from its highest.3.31
3.68
3.48
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this BADGER DAO - BADGER/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.07 | 2.71 | 3.26 | 3.48 | 5.15 |
| Change (%) | -40.52% | -22.13% | -6.32% | - | +47.99% |
| Change | -1.41 | -0.77 | -0.22 | - | +1.67 |
| Level | Major | Minor | Minor | - | Intermediate |
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 | 2.92 | 3.21 | 3.43 | 3.72 | 3.94 | 4.23 | 4.45 |
| Camarilla | 3.50 | 3.55 | 3.59 | 3.64 | 3.69 | 3.73 | 3.78 |
| Woodie | 2.88 | 3.19 | 3.39 | 3.70 | 3.90 | 4.21 | 4.41 |
| Fibonacci | 3.21 | 3.41 | 3.53 | 3.72 | 3.92 | 4.04 | 4.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.55 | 0.99 | 2.63 | 4.17 | 5.81 | 7.35 | 8.99 |
| Camarilla | 3.40 | 3.69 | 3.98 | 4.27 | 4.56 | 4.85 | 5.15 |
| Woodie | -0.50 | 1.02 | 2.68 | 4.20 | 5.86 | 7.38 | 9.04 |
| Fibonacci | 0.99 | 2.21 | 2.96 | 4.17 | 5.39 | 6.14 | 7.35 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.31 | |
| MACD (12,26,9): | 0.3600 | |
| Directional Movement: | 19.88 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 3.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.34 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 3.06 | |
| Zig ZAG (10): | 3.49 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 36.33 | |
| TEMA (21): | 4.01 | |
| Williams %R (14): | -69.49 | |
| Chande Momentum Oscillator (20): | 0.87 | |
| Repulse (5,40,3): | -10.9200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 2.1500 | |
| Courbe Coppock: | 93.36 |
| MA7: | 3.76 | |
| MA20: | 3.33 | |
| MA50: | 2.65 | |
| MA100: | 2.36 | |
| MAexp7: | 3.70 | |
| MAexp20: | 3.41 | |
| MAexp50: | 2.88 | |
| MAexp100: | 2.58 | |
| Price / MA7: | -7.45% | |
| Price / MA20: | +4.50% | |
| Price / MA50: | +31.32% | |
| Price / MA100: | +47.46% | |
| Price / MAexp7: | -5.95% | |
| Price / MAexp20: | +2.05% | |
| Price / MAexp50: | +20.83% | |
| Price / MAexp100: | +34.88% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis BADGER DAO - BADGER/USD - Daily