Londinia Opportunities Analyses - 06/18/2021 (GMT) DASH - DASH/USDT - 1H

DASH - DASH/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: DASHUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 154.50 USDT
My targets
147.04 USDT (-3.43%)
134.38 USDT (-11.75%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DASH - DASH/USDT as long as the price remains well below 154.50 USDT. The sellers' bearish objective is set at 147.04 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 134.38 USDT. In case of crossing, the next objective would be the support located at 100.10 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

DASH - DASH/USDT rating 152.27 USDT. The price is lower by -7.06% since the last closing and was between 152.26 USDT and 164.71 USDT. This implies that the price is at +0.01% from its lowest and at -7.55% from its highest.

152.26
164.71
152.27

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of DASH - DASH/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. 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, 14 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Three black crows

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 64.32 100.10 134.38 152.27 154.50 157.28 160.61
Change (%) -57.76% -34.26% -11.75% - +1.46% +3.29% +5.48%
Change -87.95 -52.17 -17.89 - +2.23 +5.01 +8.34
Level Intermediate Minor Major - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard145.12152.87158.35166.10171.58179.33184.81
Camarilla160.20161.42162.63163.84165.05166.27167.48
Woodie144.00152.30157.23165.53170.46178.76183.69
Fibonacci152.87157.92161.04166.10171.15174.27179.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard107.49130.58147.04170.13186.59209.68226.14
Camarilla152.62156.25159.88163.50167.13170.75174.38
Woodie104.18128.92143.73168.47183.28208.02222.83
Fibonacci130.58145.69155.02170.13185.24194.57209.68


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-295.43-85.8755.86265.42407.15616.71758.44
Camarilla100.98133.18165.38197.58229.78261.98294.19
Woodie-329.36-102.8321.94248.46373.23599.75724.52
Fibonacci-85.8748.33131.23265.42399.62482.52616.71

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): 29.91
MACD (12,26,9): -2.2000
Directional Movement: -31.49
AROON (14): -50.00
DEMA (21): 159.00
Parabolic SAR (0,02-0,02-0,2): 163.17
Elder Ray (13): -3.97
Super Trend (3,10): 163.74
Zig ZAG (10): 155.84
VORTEX (21): 0.8700
Stochastique (14,3,5): 8.28
TEMA (21): 158.16
Williams %R (14): -98.82
Chande Momentum Oscillator (20): -7.60
Repulse (5,40,3): -3.5100
ROCnROLL: 2
TRIX (15,9): -0.1600
Courbe Coppock: 3.71
MA7: 167.01
MA20: 178.30
MA50: 250.93
MA100: 253.40
MAexp7: 158.02
MAexp20: 161.87
MAexp50: 164.98
MAexp100: 166.86
Price / MA7: -8.83%
Price / MA20: -14.60%
Price / MA50: -39.32%
Price / MA100: -39.91%
Price / MAexp7: -3.64%
Price / MAexp20: -5.93%
Price / MAexp50: -7.70%
Price / MAexp100: -8.74%

Quotes : - Real time data - Cryptocompare