DAI - DAI/USD - 1H - Technical analysis published on 04/02/2024 (GMT)
- 85
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Neutral
Technical indicators
28%
33%
39%
My opinion
Neutral between 0.999277 USD and 1.001108 USD
My targets
-
My analysis
There is no clear trend on DAI - DAI/USD either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 1.001108 USD. The first support is located at 0.999277 USD.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DAI - DAI/USD price is 0.999851 USD. On the day, this instrument gained +0.00% and was between 0.999803 USD and 1.000858 USD. This implies that the price is at +0.00% from its lowest and at -0.10% from its highest.0.999803
1.000858
0.999851
Here is a more detailed summary of the historical variations registered by DAI - DAI/USD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on DAI - DAI/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of DAI - DAI/USD in 1H shows a neutral overall trend. This generally neutral trend is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.998972 | 0.999277 | 0.999664 | 0.999851 | 0.999993 | 1.001108 | 1.001864 |
| Change (%) | -0.09% | -0.06% | -0.02% | - | +0.01% | +0.13% | +0.20% |
| Change | -0.000879 | -0.000574 | -0.000187 | - | +0.000142 | +0.001257 | +0.002013 |
| Level | Minor | Minor | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.999279 | 0.999459 | 0.999656 | 0.999836 | 1.000033 | 1.000213 | 1.000410 |
| Camarilla | 0.999749 | 0.999784 | 0.999818 | 0.999853 | 0.999888 | 0.999922 | 0.999957 |
| Woodie | 0.999288 | 0.999463 | 0.999665 | 0.999840 | 1.000042 | 1.000217 | 1.000419 |
| Fibonacci | 0.999459 | 0.999603 | 0.999692 | 0.999836 | 0.999980 | 1.000069 | 1.000213 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.997767 | 0.998369 | 0.999115 | 0.999717 | 1.000463 | 1.001065 | 1.001811 |
| Camarilla | 0.999489 | 0.999613 | 0.999736 | 0.999860 | 0.999984 | 1.000107 | 1.000231 |
| Woodie | 0.997838 | 0.998405 | 0.999186 | 0.999753 | 1.000534 | 1.001101 | 1.001882 |
| Fibonacci | 0.998369 | 0.998884 | 0.999202 | 0.999717 | 1.000232 | 1.000550 | 1.001065 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.986079 | 0.991940 | 0.995934 | 1.001795 | 1.005789 | 1.011650 | 1.015644 |
| Camarilla | 0.997218 | 0.998121 | 0.999025 | 0.999928 | 1.000831 | 1.001735 | 1.002638 |
| Woodie | 0.985146 | 0.991473 | 0.995001 | 1.001328 | 1.004856 | 1.011183 | 1.014711 |
| Fibonacci | 0.991940 | 0.995705 | 0.998030 | 1.001795 | 1.005560 | 1.007885 | 1.011650 |
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): | 48.91 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 33.393999 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.999908 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.999336 | |
| Elder Ray (13): | -0.000038 | |
| Super Trend (3,10): | 1.000048 | |
| Zig ZAG (10): | 0.999906 | |
| VORTEX (21): | 0.9983 | |
| Stochastique (14,3,5): | 19.41 | |
| TEMA (21): | 0.999902 | |
| Williams %R (14): | -83.35 | |
| Chande Momentum Oscillator (20): | -0.000017 | |
| Repulse (5,40,3): | -0.0677 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0003 | |
| Courbe Coppock: | 0.01 |
| MA7: | 0.999866 | |
| MA20: | 0.999962 | |
| MA50: | 0.999830 | |
| MA100: | 0.999667 | |
| MAexp7: | 0.999885 | |
| MAexp20: | 0.999872 | |
| MAexp50: | 0.999851 | |
| MAexp100: | 0.999850 | |
| Price / MA7: | +0.00% | |
| Price / MA20: | -0.01% | |
| Price / MA50: | +0.00% | |
| Price / MA100: | +0.02% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.00% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis DAI - DAI/USD - 1H