BADGER DAO - BADGER/USD - Daily - Technical analysis published on 01/12/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
39%
22%
39%
My opinion
Bearish under 3.87 USD
My targets
3.23 USD (-13.40%)
2.69 USD (-27.88%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for BADGER DAO - BADGER/USD as long as the price remains well below 3.87 USD. The next bearish objective for sellers is set at 3.23 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.69 USD. In case of crossing, the next objective would be the support located at 2.07 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 3.23 USD. With this support, against the trend traders who want to buy BADGER DAO - BADGER/USD on a buy signal from their trading strategy should not hesitate to act.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
0.2
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Additional analysis
Quotes
The BADGER DAO - BADGER/USD price is 3.73 USD. The price registered a decrease of -1.32% on the session and was traded between 3.70 USD and 3.84 USD over the period. The price is currently at +0.81% from its lowest and -2.86% from its highest.3.70
3.84
3.73
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 Daily of this BADGER DAO - BADGER/USD chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.07 | 2.69 | 3.23 | 3.73 | 3.87 | 4.51 | 5.24 |
| Change (%) | -44.50% | -27.88% | -13.40% | - | +3.75% | +20.91% | +40.48% |
| Change | -1.66 | -1.04 | -0.50 | - | +0.14 | +0.78 | +1.51 |
| Level | Major | Major | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.11 | 3.31 | 3.54 | 3.74 | 3.97 | 4.17 | 4.40 |
| Camarilla | 3.66 | 3.70 | 3.74 | 3.78 | 3.82 | 3.86 | 3.90 |
| Woodie | 3.14 | 3.32 | 3.57 | 3.75 | 4.00 | 4.18 | 4.43 |
| Fibonacci | 3.31 | 3.47 | 3.57 | 3.74 | 3.90 | 4.00 | 4.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.31 | 2.21 | 2.87 | 3.77 | 4.43 | 5.33 | 5.99 |
| Camarilla | 3.11 | 3.25 | 3.40 | 3.54 | 3.68 | 3.83 | 3.97 |
| Woodie | 1.20 | 2.15 | 2.76 | 3.71 | 4.32 | 5.27 | 5.88 |
| Fibonacci | 2.21 | 2.80 | 3.17 | 3.77 | 4.36 | 4.73 | 5.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.65 | 2.01 | 2.98 | 4.34 | 5.31 | 6.67 | 7.64 |
| Camarilla | 3.32 | 3.53 | 3.75 | 3.96 | 4.17 | 4.39 | 4.60 |
| Woodie | 0.47 | 1.91 | 2.80 | 4.24 | 5.13 | 6.57 | 7.46 |
| Fibonacci | 2.01 | 2.90 | 3.45 | 4.34 | 5.23 | 5.78 | 6.67 |
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): | 48.03 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | -0.94 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 3.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.43 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 4.77 | |
| Zig ZAG (10): | 3.76 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 38.50 | |
| TEMA (21): | 3.59 | |
| Williams %R (14): | -57.62 | |
| Chande Momentum Oscillator (20): | -0.20 | |
| Repulse (5,40,3): | 3.6900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2800 | |
| Courbe Coppock: | 26.36 |
| MA7: | 3.62 | |
| MA20: | 3.93 | |
| MA50: | 3.98 | |
| MA100: | 3.39 | |
| MAexp7: | 3.69 | |
| MAexp20: | 3.83 | |
| MAexp50: | 3.81 | |
| MAexp100: | 3.49 | |
| Price / MA7: | +3.04% | |
| Price / MA20: | -5.09% | |
| Price / MA50: | -6.28% | |
| Price / MA100: | +10.03% | |
| Price / MAexp7: | +1.08% | |
| Price / MAexp20: | -2.61% | |
| Price / MAexp50: | -2.10% | |
| Price / MAexp100: | +6.88% |
Quotes :
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Real time data
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