DAI - DAI/USD
DAI - DAI/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: DAIUSD
ISIN:

DAI - DAI/USD - 1H - Technical analysis published on 04/14/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 0.994200 USD
My targets
1.001000 USD (+0.14%)
1.011000 USD (+1.14%)
My analysis
The basic trend is bullish on DAI - DAI/USD and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 0.994200 USD. Sellers would then use the next support located at 0.970900 USD as an objective. The next bullish objectives will be 1.011000 USD and 1.037000 USD by extension.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.1

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

DAI - DAI/USD rating 0.999600 USD. On the day, this instrument lost -0.02% and was traded between 0.997400 USD and 0.999900 USD over the period. The price is currently at +0.22% from its lowest and -0.03% from its highest.

0.997400
0.999900
0.999600

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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



Technical


A technical analysis in 1H of this DAI - DAI/USD chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.970900 0.994200 0.996400 0.999600 0.999795 1.001000 1.006000
Change (%) -2.87% -0.54% -0.32% - +0.02% +0.14% +0.64%
Change -0.028700 -0.005400 -0.003200 - +0.000195 +0.001400 +0.006400
Level Intermediate Intermediate Intermediate - Major Minor Minor



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
Standard0.9902000.9922000.9960000.9980001.0018001.0038001.007600
Camarilla0.9982050.9987370.9992680.9998001.0003321.0008631.001395
Woodie0.9911000.9926500.9969000.9984501.0027001.0042501.008500
Fibonacci0.9922000.9944160.9957840.9980001.0002161.0015841.003800


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9974670.9980330.9988670.9994331.0002671.0008331.001667
Camarilla0.9993150.9994430.9995720.9997000.9998280.9999571.000085
Woodie0.9976000.9981000.9990000.9995001.0004001.0009001.001800
Fibonacci0.9980330.9985680.9988990.9994330.9999681.0002991.000833


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.7726330.8185670.9091330.9550671.0456331.0915671.182133
Camarilla0.9621630.9746750.9871880.9997001.0122131.0247251.037238
Woodie0.7949500.8297250.9314500.9662251.0679501.1027251.204450
Fibonacci0.8185670.8707100.9029240.9550671.0072101.0394241.091567

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): 54.16
MACD (12,26,9): 0.0000
Directional Movement: -60.547027
AROON (14): 7.142857
DEMA (21): 0.999798
Parabolic SAR (0,02-0,02-0,2): 0.995261
Elder Ray (13): -0.000848
Super Trend (3,10): 0.999386
Zig ZAG (10): 0.999900
VORTEX (21): 0.8966
Stochastique (14,3,5): 96.55
TEMA (21): 0.999768
Williams %R (14): -5.17
Chande Momentum Oscillator (20): -0.000100
Repulse (5,40,3): 0.1250
ROCnROLL: 2
TRIX (15,9): -0.0001
Courbe Coppock: 0.01
MA7: 0.999700
MA20: 0.999675
MA50: 0.998986
MA100: 0.999385
MAexp7: 0.999802
MAexp20: 0.999799
MAexp50: 0.999795
MAexp100: 0.999765
Price / MA7: -0.01%
Price / MA20: -0.01%
Price / MA50: +0.06%
Price / MA100: +0.02%
Price / MAexp7: -0.02%
Price / MAexp20: -0.02%
Price / MAexp50: -0.02%
Price / MAexp100: -0.02%

Quotes : - Real time data - Cryptocompare

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

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