DASH - DASH/BTC
DASH - DASH/BTC
- BTC (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: DASHBTC
ISIN:

DASH - DASH/BTC - 1H - Technical analysis published on 01/14/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.009555 BTC
My targets
0.010813 BTC (+10.42%)
0.011692 BTC (+19.40%)
My analysis
The bullish trend is currently very strong on DASH - DASH/BTC. As long as the price remains above the support at 0.009555 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.010813 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.011692 BTC as an objective. Crossing it would then enable buyers to target 0.013181 BTC. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.8

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:
Daily Weekly

Additional analysis

Quotes

The DASH - DASH/BTC price is 0.009792 BTC. On the day, this instrument gained +14.27% and was traded between 0.008517 BTC and 0.010043 BTC over the period. The price is currently at +14.97% from its lowest and -2.50% from its highest.

0.008517
0.010043
0.009792

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Abnormal volumes on DASH - DASH/BTC were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this DASH - DASH/BTC chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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

Central Candlesticks

Long black line

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.007877 0.008425 0.008749 0.009792 0.011692 0.013181 0.014598
Change (%) -19.56% -13.96% -10.65% - +19.40% +34.61% +49.08%
Change -0.001915 -0.001367 -0.001043 - +0.001900 +0.003389 +0.004806
Level Intermediate Intermediate Major - Minor Minor Minor



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
Standard0.0071600.0075180.0080440.0084020.0089280.0092860.009812
Camarilla0.0083260.0084070.0084880.0085690.0086500.0087310.008812
Woodie0.0072430.0075600.0081270.0084440.0090110.0093280.009895
Fibonacci0.0075180.0078560.0080650.0084020.0087400.0089490.009286


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0045910.0054070.0066650.0074810.0087390.0095550.010813
Camarilla0.0073520.0075420.0077320.0079220.0081120.0083020.008492
Woodie0.0048110.0055180.0068850.0075920.0089590.0096660.011033
Fibonacci0.0054070.0062000.0066890.0074810.0082740.0087630.009555


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0028630.0040880.0049080.0061330.0069530.0081780.008998
Camarilla0.0051650.0053520.0055400.0057270.0059150.0061020.006289
Woodie0.0026600.0039870.0047050.0060320.0067500.0080770.008795
Fibonacci0.0040880.0048700.0053520.0061330.0069150.0073970.008178

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): 83.96
MACD (12,26,9): 0.0004
Directional Movement: 35.849132
AROON (14): 78.571426
DEMA (21): 0.009558
Parabolic SAR (0,02-0,02-0,2): 0.009386
Elder Ray (13): 0.000536
Super Trend (3,10): 0.008994
Zig ZAG (10): 0.009782
VORTEX (21): 1.3112
Stochastique (14,3,5): 87.58
TEMA (21): 0.009744
Williams %R (14): -17.82
Chande Momentum Oscillator (20): 0.001140
Repulse (5,40,3): 2.2334
ROCnROLL: 1
TRIX (15,9): 0.5244
Courbe Coppock: 22.16
MA7: 0.007767
MA20: 0.006667
MA50: 0.006671
MA100: 0.007363
MAexp7: 0.009492
MAexp20: 0.009085
MAexp50: 0.008569
MAexp100: 0.008092
Price / MA7: +26.07%
Price / MA20: +46.87%
Price / MA50: +46.78%
Price / MA100: +32.99%
Price / MAexp7: +3.16%
Price / MAexp20: +7.78%
Price / MAexp50: +14.27%
Price / MAexp100: +21.01%

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

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