DASH - DASH/USD - Daily - Technical analysis published on 06/05/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 71.51 USD
My targets
85.49 USD (+9.70%)
100.66 USD (+29.17%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DASH - DASH/USD as long as the price remains well above 71.51 USD. The buyers” bullish objective is set at 85.49 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 100.66 USD. If there is any crossing, the next objective would be the resistance located at 114.25 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DASH - DASH/USD price is 77.93 USD. The price registered a decrease of -0.74% on the session and was traded between 77.79 USD and 79.67 USD over the period. The price is currently at +0.18% from its lowest and -2.18% from its highest.77.79
79.67
77.93
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DASH - DASH/USD in Daily shows an overall bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
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 | 50.08 | 60.91 | 71.51 | 77.93 | 85.49 | 100.66 | 114.25 |
Change (%) | -35.74% | -21.84% | -8.24% | - | +9.70% | +29.17% | +46.61% |
Change | -27.85 | -17.02 | -6.42 | - | +7.56 | +22.73 | +36.32 |
Level | Minor | Minor | Major | - | Minor | 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 | 74.75 | 75.60 | 77.05 | 77.90 | 79.35 | 80.20 | 81.65 |
Camarilla | 77.88 | 78.09 | 78.30 | 78.51 | 78.72 | 78.93 | 79.14 |
Woodie | 75.06 | 75.75 | 77.36 | 78.05 | 79.66 | 80.35 | 81.96 |
Fibonacci | 75.60 | 76.48 | 77.02 | 77.90 | 78.78 | 79.32 | 80.20 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 65.45 | 68.33 | 73.71 | 76.59 | 81.97 | 84.85 | 90.23 |
Camarilla | 76.83 | 77.59 | 78.34 | 79.10 | 79.86 | 80.61 | 81.37 |
Woodie | 66.71 | 68.96 | 74.97 | 77.22 | 83.23 | 85.48 | 91.49 |
Fibonacci | 68.33 | 71.48 | 73.43 | 76.59 | 79.74 | 81.69 | 84.85 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 50.01 | 58.28 | 67.40 | 75.67 | 84.79 | 93.06 | 102.18 |
Camarilla | 71.75 | 73.34 | 74.94 | 76.53 | 78.12 | 79.72 | 81.31 |
Woodie | 50.45 | 58.49 | 67.84 | 75.88 | 85.23 | 93.27 | 102.62 |
Fibonacci | 58.28 | 64.92 | 69.02 | 75.67 | 82.31 | 86.41 | 93.06 |
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): | 54.55 | |
MACD (12,26,9): | 0.6000 | |
Directional Movement: | 8.38 | |
AROON (14): | 50.00 | |
DEMA (21): | 77.09 | |
Parabolic SAR (0,02-0,02-0,2): | 75.07 | |
Elder Ray (13): | 1.86 | |
Super Trend (3,10): | 69.02 | |
Zig ZAG (10): | 78.70 | |
VORTEX (21): | 1.0900 | |
Stochastique (14,3,5): | 65.02 | |
TEMA (21): | 77.86 | |
Williams %R (14): | -31.38 | |
Chande Momentum Oscillator (20): | 6.83 | |
Repulse (5,40,3): | 1.0900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0200 | |
Courbe Coppock: | 8.15 |
MA7: | 78.27 | |
MA20: | 75.90 | |
MA50: | 77.66 | |
MA100: | 74.34 | |
MAexp7: | 77.64 | |
MAexp20: | 76.61 | |
MAexp50: | 76.56 | |
MAexp100: | 77.37 | |
Price / MA7: | -0.43% | |
Price / MA20: | +2.67% | |
Price / MA50: | +0.35% | |
Price / MA100: | +4.83% | |
Price / MAexp7: | +0.37% | |
Price / MAexp20: | +1.72% | |
Price / MAexp50: | +1.79% | |
Price / MAexp100: | +0.72% |
Quotes :
2020-06-05 15:38:05
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Real time data
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