DASH - DASH/USD
DASH - DASH/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: DASHUSD
ISIN:

DASH - DASH/USD - Daily - Technical analysis published on 07/20/2020 (GMT)

  • Who voted?
  • 228
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Bearish
De fond: Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 72.25 USD
My targets
60.91 USD (-11.60%)
47.44 USD (-31.15%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DASH - DASH/USD as long as the price remains well below 72.25 USD. The next bearish objective for sellers is set at 60.91 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 47.44 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The DASH - DASH/USD price is 68.90 USD. On the day, this instrument lost -2.20% and was between 68.90 USD and 70.39 USD. This implies that the price is at 0% from its lowest and at -2.12% from its highest.

68.90
70.39
68.90

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Daily chart of DASH - DASH/USD indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 47.44 60.91 68.90 72.25 100.66 114.25
Change (%) -31.15% -11.60% - +4.86% +46.10% +65.82%
Change -21.46 -7.99 - +3.35 +31.76 +45.35
Level Major Intermediate - Major 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
Standard67.5768.1469.3069.8771.0371.6072.76
Camarilla69.9770.1370.2970.4570.6170.7770.93
Woodie67.8668.2969.5970.0271.3271.7573.05
Fibonacci68.1468.8069.2169.8770.5370.9471.60


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.9863.5966.3971.0073.8078.4181.21
Camarilla67.1467.8268.5069.1869.8670.5471.22
Woodie58.0763.1465.4870.5572.8977.9680.30
Fibonacci63.5966.4268.1771.0073.8375.5878.41


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard44.4454.7961.4271.7778.4088.7595.38
Camarilla63.3764.9366.4868.0469.6071.1572.71
Woodie42.5753.8659.5570.8476.5387.8293.51
Fibonacci54.7961.2865.2971.7778.2682.2788.75

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): 43.26
MACD (12,26,9): -0.3300
Directional Movement: 5.40
AROON (14): 50.00
DEMA (21): 69.99
Parabolic SAR (0,02-0,02-0,2): 68.26
Elder Ray (13): -0.68
Super Trend (3,10): 74.14
Zig ZAG (10): 69.00
VORTEX (21): 1.0100
Stochastique (14,3,5): 27.45
TEMA (21): 70.43
Williams %R (14): -89.34
Chande Momentum Oscillator (20): -3.55
Repulse (5,40,3): -0.2700
ROCnROLL: 2
TRIX (15,9): -0.0600
Courbe Coppock: 4.70
MA7: 70.46
MA20: 70.08
MA50: 72.16
MA100: 74.65
MAexp7: 70.14
MAexp20: 70.50
MAexp50: 71.73
MAexp100: 73.61
Price / MA7: -2.21%
Price / MA20: -1.68%
Price / MA50: -4.52%
Price / MA100: -7.70%
Price / MAexp7: -1.77%
Price / MAexp20: -2.27%
Price / MAexp50: -3.95%
Price / MAexp100: -6.40%

Quotes : 2020-07-20 19:41:36 - Real time data - Cryptocompare

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

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis DASH - DASH/USD - Daily