DASH - DASH/USD - 1H - Technical analysis published on 11/12/2023 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 32.78 USD
My targets
34.92 USD (+5.52%)
36.73 USD (+11.01%)
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 32.78 USD. The next resistance located at 34.92 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 36.73 USD. After this resistance, buyers could then target 40.97 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DASH - DASH/USD rating 33.09 USD. The price registered a decrease of -0.03% on the session with the lowest point at 31.77 USD and the highest point at 33.25 USD. The deviation from the price is +4.15% for the low point and -0.48% for the high point.31.77
33.25
33.09
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of DASH - DASH/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 30.08 | 31.82 | 32.78 | 33.09 | 40.97 | 45.84 | 51.64 |
| Change (%) | -9.10% | -3.84% | -0.94% | - | +23.81% | +38.53% | +56.06% |
| Change | -3.01 | -1.27 | -0.31 | - | +7.88 | +12.75 | +18.55 |
| Level | Major | Minor | Major | - | Major | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.59 | 30.37 | 31.73 | 32.51 | 33.87 | 34.65 | 36.01 |
| Camarilla | 32.51 | 32.71 | 32.90 | 33.10 | 33.30 | 33.49 | 33.69 |
| Woodie | 29.89 | 30.52 | 32.03 | 32.66 | 34.17 | 34.80 | 36.31 |
| Fibonacci | 30.37 | 31.18 | 31.69 | 32.51 | 33.32 | 33.83 | 34.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.38 | 26.19 | 29.65 | 31.46 | 34.92 | 36.73 | 40.19 |
| Camarilla | 31.65 | 32.13 | 32.62 | 33.10 | 33.58 | 34.07 | 34.55 |
| Woodie | 25.20 | 26.60 | 30.47 | 31.87 | 35.74 | 37.14 | 41.01 |
| Fibonacci | 26.19 | 28.21 | 29.45 | 31.46 | 33.48 | 34.72 | 36.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.30 | 21.95 | 25.64 | 28.29 | 31.98 | 34.63 | 38.32 |
| Camarilla | 27.59 | 28.17 | 28.75 | 29.33 | 29.91 | 30.49 | 31.07 |
| Woodie | 19.82 | 22.21 | 26.16 | 28.55 | 32.50 | 34.89 | 38.84 |
| Fibonacci | 21.95 | 24.37 | 25.87 | 28.29 | 30.71 | 32.21 | 34.63 |
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): | 57.27 | |
| MACD (12,26,9): | 0.2000 | |
| Directional Movement: | -11.76 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 32.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 33.14 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 33.82 | |
| Zig ZAG (10): | 33.10 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 71.08 | |
| TEMA (21): | 32.84 | |
| Williams %R (14): | -11.92 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | 0.7600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 0.27 |
| MA7: | 31.79 | |
| MA20: | 29.93 | |
| MA50: | 27.78 | |
| MA100: | 27.56 | |
| MAexp7: | 32.75 | |
| MAexp20: | 32.59 | |
| MAexp50: | 32.16 | |
| MAexp100: | 31.71 | |
| Price / MA7: | +4.09% | |
| Price / MA20: | +10.56% | |
| Price / MA50: | +19.11% | |
| Price / MA100: | +20.07% | |
| Price / MAexp7: | +1.04% | |
| Price / MAexp20: | +1.53% | |
| Price / MAexp50: | +2.89% | |
| Price / MAexp100: | +4.35% |
Quotes :
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Real time data
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