DASH - DASH/USD - Daily - Technical analysis published on 08/18/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 85.49 USD
My targets
100.89 USD (+7.54%)
114.25 USD (+21.78%)
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 100.89 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 114.25 USD. After this resistance, buyers could then target 121.79 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 not called into question, despite technical indicators being indecisive.
Force
0
10
6.1
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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
DASH - DASH/USD rating 93.82 USD. On the day, this instrument lost -3.76% and was traded between 92.00 USD and 98.78 USD over the period. The price is currently at +1.98% from its lowest and -5.02% from its highest.92.00
98.78
93.82
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
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 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 60.91 | 69.40 | 85.49 | 93.82 | 100.89 | 114.25 | 121.79 |
| Change (%) | -35.08% | -26.03% | -8.88% | - | +7.54% | +21.78% | +29.81% |
| Change | -32.91 | -24.42 | -8.33 | - | +7.07 | +20.43 | +27.97 |
| Level | Minor | Major | Major | - | 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 | 86.40 | 89.75 | 93.62 | 96.97 | 100.84 | 104.19 | 108.06 |
| Camarilla | 95.50 | 96.16 | 96.82 | 97.48 | 98.14 | 98.80 | 99.47 |
| Woodie | 86.65 | 89.88 | 93.87 | 97.10 | 101.09 | 104.32 | 108.31 |
| Fibonacci | 89.75 | 92.51 | 94.22 | 96.97 | 99.73 | 101.44 | 104.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 71.55 | 78.02 | 86.00 | 92.47 | 100.45 | 106.92 | 114.90 |
| Camarilla | 90.00 | 91.32 | 92.65 | 93.97 | 95.30 | 96.62 | 97.94 |
| Woodie | 72.30 | 78.40 | 86.75 | 92.85 | 101.20 | 107.30 | 115.65 |
| Fibonacci | 78.02 | 83.54 | 86.95 | 92.47 | 97.99 | 101.40 | 106.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.71 | 58.62 | 70.56 | 77.47 | 89.41 | 96.32 | 108.26 |
| Camarilla | 77.31 | 79.03 | 80.76 | 82.49 | 84.22 | 85.95 | 87.67 |
| Woodie | 54.22 | 59.88 | 73.07 | 78.73 | 91.92 | 97.58 | 110.77 |
| Fibonacci | 58.62 | 65.82 | 70.27 | 77.47 | 84.67 | 89.12 | 96.32 |
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): | 58.28 | |
| MACD (12,26,9): | 4.3400 | |
| Directional Movement: | 15.27 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 96.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 84.82 | |
| Elder Ray (13): | 2.60 | |
| Super Trend (3,10): | 77.99 | |
| Zig ZAG (10): | 93.82 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 54.11 | |
| TEMA (21): | 97.37 | |
| Williams %R (14): | -54.37 | |
| Chande Momentum Oscillator (20): | -6.62 | |
| Repulse (5,40,3): | -0.6100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.8900 | |
| Courbe Coppock: | 13.66 |
| MA7: | 93.45 | |
| MA20: | 91.83 | |
| MA50: | 79.69 | |
| MA100: | 76.86 | |
| MAexp7: | 93.88 | |
| MAexp20: | 90.60 | |
| MAexp50: | 83.69 | |
| MAexp100: | 79.86 | |
| Price / MA7: | +0.40% | |
| Price / MA20: | +2.17% | |
| Price / MA50: | +17.73% | |
| Price / MA100: | +22.07% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | +3.55% | |
| Price / MAexp50: | +12.10% | |
| Price / MAexp100: | +17.48% |
Quotes :
2020-08-18 15:23:59
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Real time data
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