DASH - DASH/USD - 1H - Technical analysis published on 01/22/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
17%
50%
33%
My opinion
Bearish under 110.65 USD
My targets
102.43 USD (-5.17%)
100.08 USD (-7.35%)
My analysis
The current short-term bearish acceleration registered on DASH - DASH/USD should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 110.65 USD. Short-term sellers will use the support located at 102.43 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 100.08 USD. Crossing this support would then open the door for sellers to target 91.66 USD. Caution, if there is a return to below 110.65 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
2.5
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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
The DASH - DASH/USD price is 108.02 USD. The price registered a decrease of -2.40% on the session with the lowest point at 106.44 USD and the highest point at 112.55 USD. The deviation from the price is +1.48% for the low point and -4.02% for the high point.106.44
112.55
108.02
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of DASH - DASH/USD indicates that the overall trend is not clearly defined. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
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 | 74.29 | 91.66 | 100.08 | 108.02 | 110.65 | 132.53 | 144.10 |
| Change (%) | -31.23% | -15.15% | -7.35% | - | +2.43% | +22.69% | +33.40% |
| Change | -33.73 | -16.36 | -7.94 | - | +2.63 | +24.51 | +36.08 |
| Level | Major | Intermediate | Major | - | Major | Major | Intermediate |
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 | 95.97 | 100.26 | 105.47 | 109.76 | 114.97 | 119.26 | 124.47 |
| Camarilla | 108.07 | 108.94 | 109.81 | 110.68 | 111.55 | 112.42 | 113.29 |
| Woodie | 96.43 | 100.49 | 105.93 | 109.99 | 115.43 | 119.49 | 124.93 |
| Fibonacci | 100.26 | 103.89 | 106.13 | 109.76 | 113.39 | 115.63 | 119.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -21.21 | 20.45 | 60.77 | 102.43 | 142.75 | 184.41 | 224.73 |
| Camarilla | 78.54 | 86.05 | 93.57 | 101.08 | 108.60 | 116.11 | 123.62 |
| Woodie | -21.89 | 20.12 | 60.09 | 102.10 | 142.07 | 184.08 | 224.05 |
| Fibonacci | 20.45 | 51.77 | 71.12 | 102.43 | 133.75 | 153.10 | 184.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.53 | 27.83 | 34.43 | 44.73 | 51.33 | 61.63 | 68.23 |
| Camarilla | 36.38 | 37.93 | 39.48 | 41.03 | 42.58 | 44.13 | 45.68 |
| Woodie | 15.68 | 26.91 | 32.58 | 43.81 | 49.48 | 60.71 | 66.38 |
| Fibonacci | 27.83 | 34.29 | 38.27 | 44.73 | 51.19 | 55.17 | 61.63 |
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): | 46.29 | |
| MACD (12,26,9): | -0.3800 | |
| Directional Movement: | -10.11 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 108.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 107.09 | |
| Elder Ray (13): | -0.51 | |
| Super Trend (3,10): | 111.85 | |
| Zig ZAG (10): | 108.00 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 19.77 | |
| TEMA (21): | 107.86 | |
| Williams %R (14): | -84.73 | |
| Chande Momentum Oscillator (20): | -0.21 | |
| Repulse (5,40,3): | -0.9000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.46 |
| MA7: | 110.63 | |
| MA20: | 80.03 | |
| MA50: | 59.48 | |
| MA100: | 62.38 | |
| MAexp7: | 108.29 | |
| MAexp20: | 108.91 | |
| MAexp50: | 108.81 | |
| MAexp100: | 107.98 | |
| Price / MA7: | -2.36% | |
| Price / MA20: | +34.97% | |
| Price / MA50: | +81.61% | |
| Price / MA100: | +73.16% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -0.82% | |
| Price / MAexp50: | -0.73% | |
| Price / MAexp100: | +0.04% |
This member declared not having a position on this financial instrument or a related financial instrument.
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