DASH - DASH/USD - Daily - Technical analysis published on 07/28/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 72.25 USD
My targets
85.49 USD (+6.15%)
100.66 USD (+24.98%)
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 72.25 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
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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 rating is 80.54 USD. The price registered an increase of +3.39% on the session with the lowest point at 76.05 USD and the highest point at 80.69 USD. The deviation from the price is +5.90% for the low point and -0.19% for the high point.76.05
80.69
80.54
Here is a more detailed summary of the historical variations registered by DASH - DASH/USD:
Technical
Technical analysis of DASH - DASH/USD in Daily shows an overall bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 47.44 | 60.91 | 72.25 | 80.54 | 85.49 | 100.66 | 114.25 |
| Change (%) | -41.10% | -24.37% | -10.29% | - | +6.15% | +24.98% | +41.85% |
| Change | -33.10 | -19.63 | -8.29 | - | +4.95 | +20.12 | +33.71 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 67.95 | 70.63 | 74.27 | 76.95 | 80.59 | 83.27 | 86.91 |
| Camarilla | 76.16 | 76.74 | 77.32 | 77.90 | 78.48 | 79.06 | 79.64 |
| Woodie | 68.42 | 70.87 | 74.74 | 77.19 | 81.06 | 83.51 | 87.38 |
| Fibonacci | 70.63 | 73.05 | 74.54 | 76.95 | 79.37 | 80.86 | 83.27 |
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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 73.84 | |
| MACD (12,26,9): | 1.5900 | |
| Directional Movement: | 21.48 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 74.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 70.91 | |
| Elder Ray (13): | 4.25 | |
| Super Trend (3,10): | 69.07 | |
| Zig ZAG (10): | 79.40 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 84.78 | |
| TEMA (21): | 76.58 | |
| Williams %R (14): | -8.73 | |
| Chande Momentum Oscillator (20): | 8.66 | |
| Repulse (5,40,3): | 8.7600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 10.97 |
| MA7: | 75.42 | |
| MA20: | 72.56 | |
| MA50: | 71.62 | |
| MA100: | 74.60 | |
| MAexp7: | 75.84 | |
| MAexp20: | 73.25 | |
| MAexp50: | 72.65 | |
| MAexp100: | 73.80 | |
| Price / MA7: | +6.79% | |
| Price / MA20: | +11.00% | |
| Price / MA50: | +12.45% | |
| Price / MA100: | +7.96% | |
| Price / MAexp7: | +6.20% | |
| Price / MAexp20: | +9.95% | |
| Price / MAexp50: | +10.86% | |
| Price / MAexp100: | +9.13% |
Quotes :
2020-07-28 15:39:47
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Real time data
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