DASH - DASH/BTC

- BTC (-)

- Real time data - CoinMarketCap

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Change:	-
Volume:	-

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Type:	Cryptocurrencies
Ticker:	DASHBTC
ISIN:

DASH - DASH/BTC - Daily - Technical analysis published on 01/08/2020 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bearish

Technical indicators

50%

11%

39%

My opinion

Bearish under 0.006953 BTC

My targets

0.006133 BTC (-4.88%)

0.005464 BTC (-15.26%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.006953 BTC remains possible. It is advisable to trade DASH - DASH/BTC with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.006953 BTC. The next bearish objective for sellers is set at 0.006133 BTC. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.005464 BTC. PS: if there is a bullish break in the resistance located at 0.006953 BTC we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

FORCE

1.3

Comment on the 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 a1td. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

DASH - DASH/BTC rating 0.006448 BTC. On the day, this instrument lost -3.86% and was traded between 0.006404 BTC and 0.006787 BTC over the period. The price is currently at +0.69% from its lowest and -4.99% from its highest.

0.006404

0.006787

0.006448

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by DASH - DASH/BTC:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of DASH - DASH/BTC in Daily shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Black evening star

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.005464	0.006448	0.007542	0.011692	0.013386
Change (%)	-15.26%	-	+16.97%	+81.33%	+107.60%
Change	-0.000984	-	+0.001094	+0.005244	+0.006938
Level	Intermediate	-	Major	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.005776	0.006224	0.006466	0.006914	0.007156	0.007604	0.007846
Camarilla	0.006517	0.006581	0.006644	0.006707	0.006770	0.006834	0.006897
Woodie	0.005672	0.006173	0.006362	0.006863	0.007052	0.007553	0.007742
Fibonacci	0.006224	0.006488	0.006651	0.006914	0.007178	0.007341	0.007604

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.004933	0.005294	0.005783	0.006144	0.006633	0.006994	0.007483
Camarilla	0.006038	0.006116	0.006194	0.006272	0.006350	0.006428	0.006506
Woodie	0.004997	0.005326	0.005847	0.006176	0.006697	0.007026	0.007547
Fibonacci	0.005294	0.005619	0.005819	0.006144	0.006469	0.006669	0.006994

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.002863	0.004088	0.004908	0.006133	0.006953	0.008178	0.008998
Camarilla	0.005165	0.005352	0.005540	0.005727	0.005915	0.006102	0.006289
Woodie	0.002660	0.003987	0.004705	0.006032	0.006750	0.008077	0.008795
Fibonacci	0.004088	0.004870	0.005352	0.006133	0.006915	0.007397	0.008178

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):	51.41
MACD (12,26,9):	0.0000
Directional Movement:	14.449944
AROON (14):	78.571430
DEMA (21):	0.006233
Parabolic SAR (0,02-0,02-0,2):	0.005873
Elder Ray (13):	0.000257
Super Trend (3,10):	0.006064
Zig ZAG (10):	0.006432
VORTEX (21):	1.0457
Stochastique (14,3,5):	63.91
TEMA (21):	0.006511
Williams %R (14):	-51.87
Chande Momentum Oscillator (20):	0.000978
Repulse (5,40,3):	-6.9768
ROCnROLL:	-1
TRIX (15,9):	-0.3631
Courbe Coppock:	24.84

MA7:	0.006484
MA20:	0.006030
MA50:	0.006617
MA100:	0.007396
MAexp7:	0.006507
MAexp20:	0.006299
MAexp50:	0.006634
MAexp100:	0.007441
Price / MA7:	-0.56%
Price / MA20:	+6.93%
Price / MA50:	-2.55%
Price / MA100:	-12.82%
Price / MAexp7:	-0.91%
Price / MAexp20:	+2.37%
Price / MAexp50:	-2.80%
Price / MAexp100:	-13.34%

This member declared not having a position on this financial instrument or a related financial instrument.

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