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 08/28/2020 (GMT)

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  • Timeframe : 1H
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  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Slightly bearish
Technical indicators
89%
0%
11%
My opinion
Bullish above 83.13 USD
My targets
86.18 USD (+1.01%)
87.68 USD (+2.77%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for DASH - DASH/USD as long as the price remains well above 83.13 USD. The buyers” bullish objective is set at 86.18 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 87.68 USD. If there is any crossing, the next objective would be the resistance located at 89.52 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 86.18 USD. On this resistance, against the trend traders who would like to go short on DASH - DASH/USD with a bearish signal from their trading strategy, should not hesitate to act.

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
3.2

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DASH - DASH/USD price is 85.32 USD. The price has increased by +2.56% since the last closing and was traded between 82.60 USD and 85.58 USD over the period. The price is currently at +3.29% from its lowest and -0.30% from its highest.

82.60
85.58
85.32

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DASH - DASH/USD:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 1H of this DASH - DASH/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 72.13 81.70 83.13 85.32 86.18 87.68 89.52
Change (%) -15.46% -4.24% -2.57% - +1.01% +2.77% +4.92%
Change -13.19 -3.62 -2.19 - +0.86 +2.36 +4.20
Level Major Minor Intermediate - Major Major 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
Standard76.3179.0081.1083.7985.8988.5890.68
Camarilla81.8782.3182.7583.1983.6384.0784.51
Woodie76.0178.8580.8083.6485.5988.4390.38
Fibonacci79.0080.8381.9683.7985.6286.7588.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard68.7276.9583.8792.1099.02107.25114.17
Camarilla86.6288.0189.4090.7992.1893.5794.96
Woodie68.0776.6283.2291.7798.37106.92113.52
Fibonacci76.9582.7486.3192.1097.89101.46107.25


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): 55.07
MACD (12,26,9): 0.2300
Directional Movement: 8.89
AROON (14): 85.71
DEMA (21): 84.65
Parabolic SAR (0,02-0,02-0,2): 83.52
Elder Ray (13): 0.64
Super Trend (3,10): 83.68
Zig ZAG (10): 85.32
VORTEX (21): 1.0300
Stochastique (14,3,5): 97.09
TEMA (21): 85.22
Williams %R (14): -8.72
Chande Momentum Oscillator (20): 2.14
Repulse (5,40,3): 0.4600
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 4.63
MA7: 87.55
MA20: 90.64
MA50: 83.46
MA100: 78.19
MAexp7: 85.01
MAexp20: 84.48
MAexp50: 84.87
MAexp100: 86.07
Price / MA7: -2.55%
Price / MA20: -5.87%
Price / MA50: +2.23%
Price / MA100: +9.12%
Price / MAexp7: +0.36%
Price / MAexp20: +0.99%
Price / MAexp50: +0.53%
Price / MAexp100: -0.87%

Quotes : 2020-08-28 12:20:04 - Real time data - Cryptocompare

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

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