Londinia Opportunities Analyses - 05/24/2022 (GMT) DASH - DASH/ETH - 1H

DASH - DASH/ETH
- ETH (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: DASHETH
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 0.030371 ETH
My targets
0.031160 ETH (+1.53%)
0.033469 ETH (+9.06%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DASH - DASH/ETH as long as the price remains well above 0.030371 ETH. The buyers' bullish objective is set at 0.031160 ETH. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.033469 ETH. If there is any crossing, the next objective would be the resistance located at 0.037315 ETH. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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
6.8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The DASH - DASH/ETH price is 0.030689 ETH. The price registered an increase of +1.02% on the session and was traded between 0.030284 ETH and 0.030729 ETH over the period. The price is currently at +1.34% from its lowest and -0.13% from its highest.

0.030284
0.030729
0.030689

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



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 1H chart of DASH - DASH/ETH indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.029579 0.029981 0.030371 0.030689 0.030742 0.031160 0.033469
Change (%) -3.62% -2.31% -1.04% - +0.17% +1.53% +9.06%
Change -0.001110 -0.000708 -0.000318 - +0.000053 +0.000471 +0.002780
Level Intermediate Minor Minor - Intermediate Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0287560.0293930.0298860.0305230.0310160.0316530.032146
Camarilla0.0300680.0301720.0302750.0303790.0304830.0305860.030690
Woodie0.0286840.0293570.0298140.0304870.0309440.0316170.032074
Fibonacci0.0293930.0298250.0300910.0305230.0309550.0312210.031653


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0246190.0262000.0275240.0291050.0304290.0320100.033334
Camarilla0.0280500.0283160.0285830.0288490.0291150.0293820.029648
Woodie0.0244920.0261360.0273970.0290410.0303020.0319460.033207
Fibonacci0.0262000.0273090.0279950.0291050.0302140.0309000.032010


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0190360.0244580.0278650.0332870.0366940.0421160.045523
Camarilla0.0288430.0296520.0304620.0312710.0320800.0328900.033699
Woodie0.0180280.0239540.0268570.0327830.0356860.0416120.044515
Fibonacci0.0244580.0278310.0299150.0332870.0366600.0387440.042116

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 56.64
MACD (12,26,9): 0.0001
Directional Movement: 3.741870
AROON (14): -50.000000
DEMA (21): 0.030719
Parabolic SAR (0,02-0,02-0,2): 0.030189
Elder Ray (13): 0.000013
Super Trend (3,10): 0.030252
Zig ZAG (10): 0.030653
VORTEX (21): 1.0340
Stochastique (14,3,5): 55.19
TEMA (21): 0.030583
Williams %R (14): -46.86
Chande Momentum Oscillator (20): -0.000229
Repulse (5,40,3): 0.5179
ROCnROLL: 1
TRIX (15,9): 0.0649
Courbe Coppock: 2.11
MA7: 0.029627
MA20: 0.029973
MA50: 0.032469
MA100: 0.034646
MAexp7: 0.030595
MAexp20: 0.030557
MAexp50: 0.030211
MAexp100: 0.029798
Price / MA7: +3.58%
Price / MA20: +2.39%
Price / MA50: -5.48%
Price / MA100: -11.42%
Price / MAexp7: +0.31%
Price / MAexp20: +0.43%
Price / MAexp50: +1.58%
Price / MAexp100: +2.99%

Quotes : - Real time data - Cryptocompare