Londinia Opportunities Analyses - 04/27/2024 (GMT) DASH - DASH/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | DASHUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
83%
11%
My opinion
Bearish under 30.07 USDT
My targets
29.46 USDT (-1.07%)
28.06 USDT (-5.78%)
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 30.07 USDT. The sellers' bearish objective is set at 29.46 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 28.06 USDT. In case of crossing, the next objective would be the support located at 26.99 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
8.6
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Additional analysis
Quotes
The DASH - DASH/USDT price is 29.78 USDT. On the day, this instrument lost -1.55% with the lowest point at 29.31 USDT and the highest point at 30.45 USDT. The deviation from the price is +1.60% for the low point and -2.20% for the high point.29.31
30.45
29.78
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:
Technical
A technical analysis in 1H of this DASH - DASH/USDT chart shows a sharp 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. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26.99 | 28.06 | 29.46 | 29.78 | 30.07 | 30.47 | 31.03 |
| Change (%) | -9.37% | -5.78% | -1.07% | - | +0.97% | +2.32% | +4.20% |
| Change | -2.79 | -1.72 | -0.32 | - | +0.29 | +0.69 | +1.25 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 28.48 | 29.03 | 29.64 | 30.19 | 30.80 | 31.35 | 31.96 |
| Camarilla | 29.93 | 30.04 | 30.14 | 30.25 | 30.36 | 30.46 | 30.57 |
| Woodie | 28.51 | 29.05 | 29.67 | 30.21 | 30.83 | 31.37 | 31.99 |
| Fibonacci | 29.03 | 29.47 | 29.75 | 30.19 | 30.63 | 30.91 | 31.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.24 | 24.91 | 28.20 | 29.87 | 33.16 | 34.83 | 38.12 |
| Camarilla | 30.13 | 30.58 | 31.04 | 31.49 | 31.95 | 32.40 | 32.85 |
| Woodie | 24.05 | 25.32 | 29.01 | 30.28 | 33.97 | 35.24 | 38.93 |
| Fibonacci | 24.91 | 26.81 | 27.98 | 29.87 | 31.77 | 32.94 | 34.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.40 | 25.98 | 33.01 | 38.59 | 45.62 | 51.20 | 58.23 |
| Camarilla | 36.57 | 37.73 | 38.88 | 40.04 | 41.20 | 42.35 | 43.51 |
| Woodie | 21.13 | 26.34 | 33.74 | 38.95 | 46.35 | 51.56 | 58.96 |
| Fibonacci | 25.98 | 30.80 | 33.77 | 38.59 | 43.41 | 46.38 | 51.20 |
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): | 35.22 | |
| MACD (12,26,9): | -0.1300 | |
| Directional Movement: | -20.87 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 30.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.69 | |
| Elder Ray (13): | -0.44 | |
| Super Trend (3,10): | 30.83 | |
| Zig ZAG (10): | 29.72 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 32.42 | |
| TEMA (21): | 29.97 | |
| Williams %R (14): | -77.77 | |
| Chande Momentum Oscillator (20): | -0.39 | |
| Repulse (5,40,3): | -1.7000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.10 |
| MA7: | 30.59 | |
| MA20: | 31.44 | |
| MA50: | 35.33 | |
| MA100: | 32.69 | |
| MAexp7: | 29.99 | |
| MAexp20: | 30.24 | |
| MAexp50: | 30.36 | |
| MAexp100: | 30.49 | |
| Price / MA7: | -2.65% | |
| Price / MA20: | -5.28% | |
| Price / MA50: | -15.71% | |
| Price / MA100: | -8.90% | |
| Price / MAexp7: | -0.70% | |
| Price / MAexp20: | -1.52% | |
| Price / MAexp50: | -1.91% | |
| Price / MAexp100: | -2.33% |
Quotes :
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Real time data
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