DASH - DASH/USD - Daily - Technical analysis published on 07/20/2020 (GMT)
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- 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:
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.
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:
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:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
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:
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
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 67.57 | 68.14 | 69.30 | 69.87 | 71.03 | 71.60 | 72.76 |
Camarilla | 69.97 | 70.13 | 70.29 | 70.45 | 70.61 | 70.77 | 70.93 |
Woodie | 67.86 | 68.29 | 69.59 | 70.02 | 71.32 | 71.75 | 73.05 |
Fibonacci | 68.14 | 68.80 | 69.21 | 69.87 | 70.53 | 70.94 | 71.60 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 58.98 | 63.59 | 66.39 | 71.00 | 73.80 | 78.41 | 81.21 |
Camarilla | 67.14 | 67.82 | 68.50 | 69.18 | 69.86 | 70.54 | 71.22 |
Woodie | 58.07 | 63.14 | 65.48 | 70.55 | 72.89 | 77.96 | 80.30 |
Fibonacci | 63.59 | 66.42 | 68.17 | 71.00 | 73.83 | 75.58 | 78.41 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 44.44 | 54.79 | 61.42 | 71.77 | 78.40 | 88.75 | 95.38 |
Camarilla | 63.37 | 64.93 | 66.48 | 68.04 | 69.60 | 71.15 | 72.71 |
Woodie | 42.57 | 53.86 | 59.55 | 70.84 | 76.53 | 87.82 | 93.51 |
Fibonacci | 54.79 | 61.28 | 65.29 | 71.77 | 78.26 | 82.27 | 88.75 |
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
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Real time data
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Cryptocompare
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