BADGER DAO - BADGER/USD
BADGER DAO - BADGER/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BADGERUSD
ISIN:

BADGER DAO - BADGER/USD - Weekly - Technical analysis published on 11/25/2023 (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
83%
11%
6%
My opinion
Bullish above 2.70 USD
My targets
3.87 USD (+5.74%)
5.28 USD (+44.26%)
My analysis
The current short-term bullish acceleration on BADGER DAO - BADGER/USD should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 2.70 USD. Short-term buyers will use the resistance located at 3.87 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 5.28 USD. Crossing this resistance would then open the door for buyers to target 6.81 USD. Caution, if there is a return to under 2.70 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

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
3.4

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:
15 min. 1H Daily

Additional analysis

Quotes

The BADGER DAO - BADGER/USD price is 3.66 USD. The price registered an increase of +1.10% over 5 days and has been traded over the last 5 days between 3.21 USD and 3.95 USD. This implies that the 5 day price is +13.91% from its lowest point and -7.30% from its highest point.

3.21
3.95
3.66

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of BADGER DAO - BADGER/USD in Weekly shows a neutral overall trend. The trend could quickly turn bullish 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.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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
R3
Price


S1PriceR1R2R3
ProTrendLines 2.70 3.66 3.87 5.28 6.81
Change (%) -26.23% - +5.74% +44.26% +86.07%
Change -0.96 - +0.21 +1.62 +3.15
Level Major - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.233.403.513.683.793.964.07
Camarilla3.533.563.583.613.643.663.69
Woodie3.193.393.473.673.753.954.03
Fibonacci3.403.513.583.683.793.863.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.842.583.023.764.204.945.38
Camarilla3.153.253.363.473.583.693.80
Woodie1.702.512.883.694.064.875.24
Fibonacci2.583.033.313.764.214.494.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.141.541.982.382.823.223.66
Camarilla2.202.282.352.432.512.582.66
Woodie1.171.552.012.392.853.233.69
Fibonacci1.541.862.062.382.702.903.22

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): 64.26
MACD (12,26,9): 0.2100
Directional Movement: 37.81
AROON (14): 57.14
DEMA (21): 2.82
Parabolic SAR (0,02-0,02-0,2): 2.38
Elder Ray (13): 0.78
Super Trend (3,10): 2.15
Zig ZAG (10): 3.66
VORTEX (21): 1.1000
Stochastique (14,3,5): 48.98
TEMA (21): 3.25
Williams %R (14): -53.14
Chande Momentum Oscillator (20): 1.64
Repulse (5,40,3): 2.2900
ROCnROLL: 1
TRIX (15,9): -0.1000
Courbe Coppock: 89.97
MA7: 3.59
MA20: 3.68
MA50: 2.85
MA100: 2.45
MAexp7: 3.13
MAexp20: 2.66
MAexp50: 3.07
MAexp100: 4.51
Price / MA7: +1.95%
Price / MA20: -0.54%
Price / MA50: +28.42%
Price / MA100: +49.39%
Price / MAexp7: +16.93%
Price / MAexp20: +37.59%
Price / MAexp50: +19.22%
Price / MAexp100: -18.85%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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