DASH - DASH/USD - 1H - Technical analysis published on 08/12/2023 (GMT)
- 125
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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
Short term:
Bearish
Underlying:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 32.80 USD
My targets
31.77 USD (-2.04%)
31.40 USD (-3.18%)
My analysis
There is a bearish trend on DASH - DASH/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 32.80 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 31.77 USD. Then the price could move towards 31.40 USD. Then 30.93 USD by extension. Be careful, a return to above the resistance 32.80 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DASH - DASH/USD rating is 32.43 USD. The price registered a decrease of -0.09% on the session and was between 32.34 USD and 32.50 USD. This implies that the price is at +0.28% from its lowest and at -0.22% from its highest.32.34
32.50
32.43
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this DASH - DASH/USD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 31.40 | 31.77 | 32.24 | 32.43 | 32.50 | 32.80 | 33.46 |
| Change (%) | -3.18% | -2.04% | -0.59% | - | +0.22% | +1.14% | +3.18% |
| Change | -1.03 | -0.66 | -0.19 | - | +0.07 | +0.37 | +1.03 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.56 | 31.87 | 32.17 | 32.48 | 32.78 | 33.09 | 33.39 |
| Camarilla | 32.29 | 32.35 | 32.40 | 32.46 | 32.52 | 32.57 | 32.63 |
| Woodie | 31.55 | 31.87 | 32.16 | 32.48 | 32.77 | 33.09 | 33.38 |
| Fibonacci | 31.87 | 32.11 | 32.25 | 32.48 | 32.72 | 32.86 | 33.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.68 | 29.03 | 29.99 | 31.34 | 32.30 | 33.65 | 34.61 |
| Camarilla | 30.31 | 30.52 | 30.73 | 30.94 | 31.15 | 31.36 | 31.58 |
| Woodie | 27.48 | 28.93 | 29.79 | 31.24 | 32.10 | 33.55 | 34.41 |
| Fibonacci | 29.03 | 29.92 | 30.46 | 31.34 | 32.23 | 32.77 | 33.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.05 | 25.44 | 28.56 | 33.95 | 37.07 | 42.46 | 45.58 |
| Camarilla | 29.34 | 30.12 | 30.90 | 31.68 | 32.46 | 33.24 | 34.02 |
| Woodie | 18.92 | 24.87 | 27.43 | 33.38 | 35.94 | 41.89 | 44.45 |
| Fibonacci | 25.44 | 28.69 | 30.70 | 33.95 | 37.20 | 39.21 | 42.46 |
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): | 48.03 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -4.17 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 32.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 32.63 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 32.33 | |
| Zig ZAG (10): | 32.42 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 52.08 | |
| TEMA (21): | 32.43 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.17 |
| MA7: | 32.55 | |
| MA20: | 31.98 | |
| MA50: | 33.56 | |
| MA100: | 36.40 | |
| MAexp7: | 32.43 | |
| MAexp20: | 32.44 | |
| MAexp50: | 32.48 | |
| MAexp100: | 32.48 | |
| Price / MA7: | -0.37% | |
| Price / MA20: | +1.41% | |
| Price / MA50: | -3.37% | |
| Price / MA100: | -10.91% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | -0.15% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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