Londinia Opportunities Analyses - 06/08/2023 (GMT) DUSK NETWORK (X10000) - DUSK/BTC - 1H

DUSK NETWORK (X10000) - DUSK/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: DUSKBTC
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
6%
78%
17%
My opinion
Bearish under 0.051100 BTC
My targets
0.049467 BTC (-1.85%)
0.045733 BTC (-9.26%)
My analysis
The bearish trend is currently very strong for DUSK NETWORK (X10000) - DUSK/BTC. As long as the price remains below the resistance at 0.051100 BTC, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.049467 BTC. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.045733 BTC as an objective. Crossing it would then enable sellers to target 0.042300 BTC. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

DUSK NETWORK (X10000) - DUSK/BTC rating 0.050400 BTC. The price is lower by -1.37% since the last closing and was traded between 0.050000 BTC and 0.052800 BTC over the period. The price is currently at +0.80% from its lowest and -4.55% from its highest.

0.050000
0.052800
0.050400

Here is a more detailed summary of the historical variations registered by DUSK NETWORK (X10000) - DUSK/BTC:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of DUSK NETWORK (X10000) - DUSK/BTC in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

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 this signal:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.042300 0.050100 0.050400 0.050556 0.051100 0.052600
Change (%) -16.07% -0.60% - +0.31% +1.39% +4.37%
Change -0.008100 -0.000300 - +0.000156 +0.000700 +0.002200
Level Intermediate Minor - Major Minor Minor



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
Standard0.0454330.0477670.0494330.0517670.0534330.0557670.057433
Camarilla0.0500000.0503670.0507330.0511000.0514670.0518330.052200
Woodie0.0451000.0476000.0491000.0516000.0531000.0556000.057100
Fibonacci0.0477670.0492950.0502390.0517670.0532950.0542390.055767


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0504000.0515000.0532000.0543000.0560000.0571000.058800
Camarilla0.0541300.0543870.0546430.0549000.0551570.0554130.055670
Woodie0.0507000.0516500.0535000.0544500.0563000.0572500.059100
Fibonacci0.0515000.0525700.0532300.0543000.0553700.0560300.057100


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0416670.0457330.0494670.0535330.0572670.0613330.065067
Camarilla0.0510550.0517700.0524850.0532000.0539150.0546300.055345
Woodie0.0415000.0456500.0493000.0534500.0571000.0612500.064900
Fibonacci0.0457330.0487130.0505540.0535330.0565130.0583540.061333

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): 41.25
MACD (12,26,9): -0.0003
Directional Movement: -1.233899
AROON (14): -35.714286
DEMA (21): 0.050661
Parabolic SAR (0,02-0,02-0,2): 0.051736
Elder Ray (13): -0.000663
Super Trend (3,10): 0.051834
Zig ZAG (10): 0.050200
VORTEX (21): 0.8889
Stochastique (14,3,5): 5.95
TEMA (21): 0.050531
Williams %R (14): -92.86
Chande Momentum Oscillator (20): -0.001700
Repulse (5,40,3): -0.2367
ROCnROLL: 2
TRIX (15,9): -0.0292
Courbe Coppock: 3.70
MA7: 0.052686
MA20: 0.053985
MA50: 0.055054
MA100: 0.063023
MAexp7: 0.050544
MAexp20: 0.050970
MAexp50: 0.051442
MAexp100: 0.052168
Price / MA7: -4.34%
Price / MA20: -6.64%
Price / MA50: -8.45%
Price / MA100: -20.03%
Price / MAexp7: -0.28%
Price / MAexp20: -1.12%
Price / MAexp50: -2.03%
Price / MAexp100: -3.39%

Quotes : - Real time data - Cryptocompare