BADGER DAO - BADGER/USD - Weekly - Technical analysis published on 12/12/2023 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
72%
6%
22%
My opinion
Bullish above 3.88 USD
My targets
4.65 USD (+18.10%)
5.21 USD (+32.23%)
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/USD as long as the price remains well above 3.88 USD. The buyers' bullish objective is set at 4.65 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.21 USD. If there is any crossing, the next objective would be the resistance located at 6.81 USD.
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
3.2
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 rating is 3.94 USD. Over 5 days, this instrument lost -26.87% with the lowest point at 3.90 USD and the highest point at 4.73 USD. The deviation from the price is +1.03% for the low point and -16.69% for the high point.3.90
4.73
3.94
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BADGER DAO - BADGER/USD:
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 detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Weekly
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Weekly
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : Weekly
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.69 | 3.87 | 3.94 | 5.21 | 6.81 | 12.64 |
| Change (%) | -31.73% | -1.78% | - | +32.23% | +72.84% | +220.81% |
| Change | -1.25 | -0.07 | - | +1.27 | +2.87 | +8.70 |
| Level | Major | Major | - | Major | Minor | 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 | 2.37 | 2.87 | 3.38 | 3.88 | 4.39 | 4.89 | 5.40 |
| Camarilla | 3.62 | 3.72 | 3.81 | 3.90 | 3.99 | 4.09 | 4.18 |
| Woodie | 2.39 | 2.87 | 3.40 | 3.88 | 4.41 | 4.89 | 5.42 |
| Fibonacci | 2.87 | 3.25 | 3.49 | 3.88 | 4.26 | 4.50 | 4.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.90 | 2.93 | 3.62 | 4.65 | 5.34 | 6.37 | 7.06 |
| Camarilla | 3.83 | 3.99 | 4.14 | 4.30 | 4.46 | 4.62 | 4.77 |
| Woodie | 1.72 | 2.85 | 3.44 | 4.57 | 5.16 | 6.29 | 6.88 |
| Fibonacci | 2.93 | 3.59 | 4.00 | 4.65 | 5.31 | 5.72 | 6.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.30 | 0.54 | 2.04 | 3.88 | 5.38 | 7.22 | 8.72 |
| Camarilla | 2.63 | 2.94 | 3.24 | 3.55 | 3.86 | 4.16 | 4.47 |
| Woodie | -1.46 | 0.46 | 1.88 | 3.80 | 5.22 | 7.14 | 8.56 |
| Fibonacci | 0.54 | 1.81 | 2.60 | 3.88 | 5.15 | 5.94 | 7.22 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 63.81 | |
| MACD (12,26,9): | 0.4000 | |
| Directional Movement: | 33.92 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 3.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.94 | |
| Elder Ray (13): | 0.60 | |
| Super Trend (3,10): | 2.41 | |
| Zig ZAG (10): | 3.93 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 58.52 | |
| TEMA (21): | 3.97 | |
| Williams %R (14): | -46.85 | |
| Chande Momentum Oscillator (20): | 1.96 | |
| Repulse (5,40,3): | -6.9800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.9900 | |
| Courbe Coppock: | 157.96 |
| MA7: | 4.31 | |
| MA20: | 4.07 | |
| MA50: | 3.54 | |
| MA100: | 2.81 | |
| MAexp7: | 3.70 | |
| MAexp20: | 3.04 | |
| MAexp50: | 3.19 | |
| MAexp100: | 4.49 | |
| Price / MA7: | -8.58% | |
| Price / MA20: | -3.19% | |
| Price / MA50: | +11.30% | |
| Price / MA100: | +40.21% | |
| Price / MAexp7: | +6.49% | |
| Price / MAexp20: | +29.61% | |
| Price / MAexp50: | +23.51% | |
| Price / MAexp100: | -12.25% |
Quotes :
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Real time data
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