Londinia Opportunities Analyses - 05/08/2024 (GMT) DUSK NETWORK - DUSK/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | DUSKUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 0.327226 USDT
My targets
0.308923 USDT (-3.11%)
0.291323 USDT (-8.63%)
My analysis
DUSK NETWORK - DUSK/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.327226 USDT. The next support located at 0.308923 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.291323 USDT. Below this support, sellers could then target 0.285256 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
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
7.9
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Additional analysis
Quotes
DUSK NETWORK - DUSK/USDT rating 0.318840 USDT. On the day, this instrument lost -1.83% and was between 0.317471 USDT and 0.326909 USDT. This implies that the price is at +0.43% from its lowest and at -2.47% from its highest.0.317471
0.326909
0.318840
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 DUSK NETWORK - DUSK/USDT indicates that the overall trend is strongly bearish. 89.29% 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 currently does not detect any result that concerns moving averages.
The probability of a further decline is high given the direction of the technical indicators.
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
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.285256 | 0.291323 | 0.308923 | 0.318840 | 0.327226 | 0.334332 | 0.346758 |
| Change (%) | -10.53% | -8.63% | -3.11% | - | +2.63% | +4.86% | +8.76% |
| Change | -0.033584 | -0.027517 | -0.009917 | - | +0.008386 | +0.015492 | +0.027918 |
| Level | Major | Minor | Minor | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.290704 | 0.306273 | 0.315520 | 0.331089 | 0.340336 | 0.355905 | 0.365152 |
| Camarilla | 0.317944 | 0.320218 | 0.322493 | 0.324768 | 0.327043 | 0.329318 | 0.331592 |
| Woodie | 0.287544 | 0.304693 | 0.312360 | 0.329509 | 0.337176 | 0.354325 | 0.361992 |
| Fibonacci | 0.306273 | 0.315752 | 0.321609 | 0.331089 | 0.340568 | 0.346425 | 0.355905 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.220137 | 0.250555 | 0.294238 | 0.324656 | 0.368339 | 0.398757 | 0.442440 |
| Camarilla | 0.317544 | 0.324337 | 0.331129 | 0.337922 | 0.344715 | 0.351507 | 0.358300 |
| Woodie | 0.226771 | 0.253871 | 0.300872 | 0.327972 | 0.374973 | 0.402073 | 0.449074 |
| Fibonacci | 0.250555 | 0.278861 | 0.296349 | 0.324656 | 0.352962 | 0.370450 | 0.398757 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.118631 | 0.080853 | 0.191814 | 0.391298 | 0.502259 | 0.701743 | 0.812704 |
| Camarilla | 0.217403 | 0.245860 | 0.274318 | 0.302775 | 0.331233 | 0.359690 | 0.388147 |
| Woodie | -0.162893 | 0.058722 | 0.147553 | 0.369167 | 0.457998 | 0.679612 | 0.768443 |
| Fibonacci | 0.080853 | 0.199443 | 0.272708 | 0.391298 | 0.509888 | 0.583153 | 0.701743 |
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): | 29.66 | |
| MACD (12,26,9): | -0.0037 | |
| Directional Movement: | -14.396648 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.325869 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.335741 | |
| Elder Ray (13): | -0.009045 | |
| Super Trend (3,10): | 0.334252 | |
| Zig ZAG (10): | 0.318375 | |
| VORTEX (21): | 0.9526 | |
| Stochastique (14,3,5): | 5.76 | |
| TEMA (21): | 0.323222 | |
| Williams %R (14): | -94.91 | |
| Chande Momentum Oscillator (20): | -0.023308 | |
| Repulse (5,40,3): | -2.1439 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0645 | |
| Courbe Coppock: | 6.77 |
| MA7: | 0.328936 | |
| MA20: | 0.344621 | |
| MA50: | 0.417767 | |
| MA100: | 0.367919 | |
| MAexp7: | 0.324138 | |
| MAexp20: | 0.329828 | |
| MAexp50: | 0.333069 | |
| MAexp100: | 0.332568 | |
| Price / MA7: | -3.07% | |
| Price / MA20: | -7.48% | |
| Price / MA50: | -23.68% | |
| Price / MA100: | -13.34% | |
| Price / MAexp7: | -1.63% | |
| Price / MAexp20: | -3.33% | |
| Price / MAexp50: | -4.27% | |
| Price / MAexp100: | -4.13% |
Quotes :
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Real time data
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Cryptocompare