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 - 1H - Technical analysis published on 08/03/2020 (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
50%
6%
44%
My opinion
Bullish above 85.49 USD
My targets
89.41 USD (+1.09%)
96.32 USD (+8.91%)
My analysis
DASH - DASH/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 85.49 USD. The next resistance located at 89.41 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 96.32 USD. After this resistance, buyers could then target 100.66 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8

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. Daily Weekly

Additional analysis

Quotes

DASH - DASH/USD rating 88.44 USD. The price has increased by +4.17% since the last closing with the lowest point at 83.99 USD and the highest point at 89.94 USD. The deviation from the price is +5.30% for the low point and -1.67% for the high point.

83.99
89.94
88.44

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



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this 1H chart of DASH - DASH/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 82.47 83.51 85.49 88.44 100.66 114.25 133.80
Change (%) -6.75% -5.57% -3.34% - +13.82% +29.18% +51.29%
Change -5.97 -4.93 -2.95 - +12.22 +25.81 +45.36
Level Minor Intermediate Intermediate - Minor Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard64.2872.6478.7787.1393.26101.62107.75
Camarilla80.9282.2483.5784.9086.2387.5688.89
Woodie63.1772.0877.6686.5792.15101.06106.64
Fibonacci72.6478.1881.6087.1392.6796.09101.62


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.8366.0779.8187.05100.79108.03121.77
Camarilla87.7789.6991.6293.5495.4697.3999.31
Woodie62.0767.7083.0588.68104.03109.66125.01
Fibonacci66.0774.0979.0487.0595.07100.02108.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard51.7158.6270.5677.4789.4196.32108.26
Camarilla77.3179.0380.7682.4984.2285.9587.67
Woodie54.2259.8873.0778.7391.9297.58110.77
Fibonacci58.6265.8270.2777.4784.6789.1296.32

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 58.51
MACD (12,26,9): 0.6400
Directional Movement: 2.79
AROON (14): 50.00
DEMA (21): 88.62
Parabolic SAR (0,02-0,02-0,2): 84.12
Elder Ray (13): 0.21
Super Trend (3,10): 89.42
Zig ZAG (10): 88.57
VORTEX (21): 1.1700
Stochastique (14,3,5): 58.88
TEMA (21): 89.12
Williams %R (14): -42.68
Chande Momentum Oscillator (20): 1.81
Repulse (5,40,3): -0.3400
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 4.24
MA7: 84.22
MA20: 76.54
MA50: 72.87
MA100: 74.91
MAexp7: 88.28
MAexp20: 87.93
MAexp50: 87.16
MAexp100: 85.79
Price / MA7: +5.01%
Price / MA20: +15.55%
Price / MA50: +21.37%
Price / MA100: +18.06%
Price / MAexp7: +0.18%
Price / MAexp20: +0.58%
Price / MAexp50: +1.47%
Price / MAexp100: +3.09%

Quotes : 2020-08-03 22:17:23 - Real time data - Cryptocompare

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

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