DASH - DASH/USD - 1H - Technical analysis published on 07/27/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
22%
17%
My opinion
Bullish above 74.17 USD
My targets
83.08 USD (+6.76%)
85.49 USD (+9.86%)
My analysis
The bullish trend is currently very strong on DASH - DASH/USD. As long as the price remains above the support at 74.17 USD, you could try to benefit from the boom. The first bullish objective is located at 83.08 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 85.49 USD as an objective. Crossing it would then enable buyers to target 100.66 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
7.3
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Additional analysis
Quotes
The DASH - DASH/USD rating is 77.82 USD. On the day, this instrument gained +2.88% with the lowest point at 73.32 USD and the highest point at 77.97 USD. The deviation from the price is +6.14% for the low point and -0.19% for the high point.73.32
77.97
77.82
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
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 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 11 are bullish, 3 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
White line without lower shadow
Type : Bullish
Timeframe : 1 hour
Upside gap
Type : Bullish
Timeframe : 1 hour
White marubozu
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 72.25 | 73.67 | 74.17 | 77.82 | 85.49 | 100.66 | 114.25 |
| Change (%) | -7.16% | -5.33% | -4.69% | - | +9.86% | +29.35% | +46.81% |
| Change | -5.57 | -4.15 | -3.65 | - | +7.67 | +22.84 | +36.43 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | Minor |
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 | 70.39 | 72.27 | 73.95 | 75.83 | 77.51 | 79.39 | 81.07 |
| Camarilla | 74.66 | 74.99 | 75.31 | 75.64 | 75.97 | 76.29 | 76.62 |
| Woodie | 70.30 | 72.22 | 73.86 | 75.78 | 77.42 | 79.34 | 80.98 |
| Fibonacci | 72.27 | 73.63 | 74.47 | 75.83 | 77.19 | 78.03 | 79.39 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.33 | 66.52 | 70.58 | 72.77 | 76.83 | 79.02 | 83.08 |
| Camarilla | 72.91 | 73.48 | 74.06 | 74.63 | 75.20 | 75.78 | 76.35 |
| Woodie | 65.26 | 66.99 | 71.51 | 73.24 | 77.76 | 79.49 | 84.01 |
| Fibonacci | 66.52 | 68.91 | 70.39 | 72.77 | 75.16 | 76.64 | 79.02 |
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): | 65.29 | |
| MACD (12,26,9): | 0.3200 | |
| Directional Movement: | 6.00 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 75.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 73.32 | |
| Elder Ray (13): | 0.54 | |
| Super Trend (3,10): | 73.40 | |
| Zig ZAG (10): | 76.70 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 63.73 | |
| TEMA (21): | 75.54 | |
| Williams %R (14): | -8.99 | |
| Chande Momentum Oscillator (20): | 0.84 | |
| Repulse (5,40,3): | 3.3800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.96 |
| MA7: | 73.69 | |
| MA20: | 72.17 | |
| MA50: | 71.57 | |
| MA100: | 74.60 | |
| MAexp7: | 75.63 | |
| MAexp20: | 75.89 | |
| MAexp50: | 75.31 | |
| MAexp100: | 74.40 | |
| Price / MA7: | +5.60% | |
| Price / MA20: | +7.83% | |
| Price / MA50: | +8.73% | |
| Price / MA100: | +4.32% | |
| Price / MAexp7: | +2.90% | |
| Price / MAexp20: | +2.54% | |
| Price / MAexp50: | +3.33% | |
| Price / MAexp100: | +4.60% |
Quotes :
2020-07-27 18:03:59
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Real time data
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Cryptocompare
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