DASH - DASH/USDT - 1H - Technical analysis published on 11/07/2023 (GMT)
- 88
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
22%
22%
My opinion
Bullish above 30.94 USDT
My targets
32.73 USDT (+5.08%)
33.50 USDT (+7.54%)
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/USDT as long as the price remains well above 30.94 USDT. The buyers' bullish objective is set at 32.73 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.50 USDT. If there is any crossing, the next objective would be the resistance located at 40.91 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
7.1
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 adhemar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DASH - DASH/USDT price is 31.15 USDT. The price registered an increase of +0.26% on the session and was traded between 30.03 USDT and 31.87 USDT over the period. The price is currently at +3.73% from its lowest and -2.26% from its highest.30.03
31.87
31.15
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DASH - DASH/USDT:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of DASH - DASH/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 10 are bullish, 4 are neutral and 4 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 29.15 | 30.69 | 30.94 | 31.15 | 33.50 | 40.91 | 44.50 |
| Change (%) | -6.42% | -1.48% | -0.67% | - | +7.54% | +31.33% | +42.86% |
| Change | -2.00 | -0.46 | -0.21 | - | +2.35 | +9.76 | +13.35 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 29.35 | 29.80 | 30.43 | 30.88 | 31.51 | 31.96 | 32.59 |
| Camarilla | 30.77 | 30.87 | 30.97 | 31.07 | 31.17 | 31.27 | 31.37 |
| Woodie | 29.45 | 29.85 | 30.53 | 30.93 | 31.61 | 32.01 | 32.69 |
| Fibonacci | 29.80 | 30.21 | 30.46 | 30.88 | 31.29 | 31.54 | 31.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.78 | 26.23 | 28.03 | 29.48 | 31.28 | 32.73 | 34.53 |
| Camarilla | 28.93 | 29.22 | 29.52 | 29.82 | 30.12 | 30.42 | 30.71 |
| Woodie | 24.95 | 26.32 | 28.20 | 29.57 | 31.45 | 32.82 | 34.70 |
| Fibonacci | 26.23 | 27.48 | 28.24 | 29.48 | 30.73 | 31.49 | 32.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.98 | 21.69 | 25.52 | 28.23 | 32.06 | 34.77 | 38.60 |
| Camarilla | 27.55 | 28.15 | 28.75 | 29.35 | 29.95 | 30.55 | 31.15 |
| Woodie | 19.54 | 21.97 | 26.08 | 28.51 | 32.62 | 35.05 | 39.16 |
| Fibonacci | 21.69 | 24.19 | 25.73 | 28.23 | 30.73 | 32.27 | 34.77 |
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): | 55.39 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | -1.89 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 31.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.60 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 31.74 | |
| Zig ZAG (10): | 31.29 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 62.18 | |
| TEMA (21): | 30.98 | |
| Williams %R (14): | -32.64 | |
| Chande Momentum Oscillator (20): | -0.38 | |
| Repulse (5,40,3): | 2.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.40 |
| MA7: | 30.01 | |
| MA20: | 28.37 | |
| MA50: | 27.19 | |
| MA100: | 27.61 | |
| MAexp7: | 31.02 | |
| MAexp20: | 30.95 | |
| MAexp50: | 30.66 | |
| MAexp100: | 30.20 | |
| Price / MA7: | +3.80% | |
| Price / MA20: | +9.80% | |
| Price / MA50: | +14.56% | |
| Price / MA100: | +12.82% | |
| Price / MAexp7: | +0.42% | |
| Price / MAexp20: | +0.65% | |
| Price / MAexp50: | +1.60% | |
| Price / MAexp100: | +3.15% |
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 DASH - DASH/USDT - 1H