DASH - DASH/USD - 1H - Technical analysis published on 08/24/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 87.64 USD
My targets
95.71 USD (+4.24%)
100.89 USD (+9.88%)
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 87.64 USD. The next resistance located at 95.71 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 100.89 USD. After this resistance, buyers could then target 108.35 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.
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
7.3
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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 91.82 USD. The price registered an increase of +1.20% on the session and was traded between 89.55 USD and 93.58 USD over the period. The price is currently at +2.53% from its lowest and -1.88% from its highest.89.55
93.58
91.82
Here is a more detailed summary of the historical variations registered by DASH - DASH/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of DASH - DASH/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 72.13 | 85.49 | 87.64 | 91.82 | 91.93 | 95.71 | 100.89 |
| Change (%) | -21.44% | -6.89% | -4.55% | - | +0.12% | +4.24% | +9.88% |
| Change | -19.69 | -6.33 | -4.18 | - | +0.11 | +3.89 | +9.07 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.88 | 85.32 | 88.02 | 90.46 | 93.16 | 95.60 | 98.30 |
| Camarilla | 89.32 | 89.79 | 90.26 | 90.73 | 91.20 | 91.67 | 92.14 |
| Woodie | 83.02 | 85.39 | 88.16 | 90.53 | 93.30 | 95.67 | 98.44 |
| Fibonacci | 85.32 | 87.28 | 88.49 | 90.46 | 92.42 | 93.63 | 95.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.72 | 76.95 | 83.87 | 92.10 | 99.02 | 107.25 | 114.17 |
| Camarilla | 86.62 | 88.01 | 89.40 | 90.79 | 92.18 | 93.57 | 94.96 |
| Woodie | 68.07 | 76.62 | 83.22 | 91.77 | 98.37 | 106.92 | 113.52 |
| Fibonacci | 76.95 | 82.74 | 86.31 | 92.10 | 97.89 | 101.46 | 107.25 |
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): | 53.17 | |
| MACD (12,26,9): | 0.5800 | |
| Directional Movement: | 20.78 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 92.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 90.65 | |
| Elder Ray (13): | 0.25 | |
| Super Trend (3,10): | 90.71 | |
| Zig ZAG (10): | 91.72 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 60.46 | |
| TEMA (21): | 92.46 | |
| Williams %R (14): | -43.67 | |
| Chande Momentum Oscillator (20): | 1.67 | |
| Repulse (5,40,3): | -0.4600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 3.29 |
| MA7: | 90.57 | |
| MA20: | 92.96 | |
| MA50: | 82.36 | |
| MA100: | 77.86 | |
| MAexp7: | 92.09 | |
| MAexp20: | 91.46 | |
| MAexp50: | 90.65 | |
| MAexp100: | 90.55 | |
| Price / MA7: | +1.38% | |
| Price / MA20: | -1.23% | |
| Price / MA50: | +11.49% | |
| Price / MA100: | +17.93% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | +0.39% | |
| Price / MAexp50: | +1.29% | |
| Price / MAexp100: | +1.40% |
Quotes :
2020-08-24 14:20:41
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Real time data
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