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

DAI - DAI/USD - 1H - Technical analysis published on 06/19/2023 (GMT)

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Londinia
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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: Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 1.010000 USD
My targets
0.970000 USD (-2.96%)
My analysis
There is a bearish trend on DAI - DAI/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.010000 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.970000 USD. Be careful, a return to above the resistance 1.010000 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.6

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DAI - DAI/USD rating is 0.999600 USD. On the day, this instrument lost -0.02% and was traded between 0.999400 USD and 1.003000 USD over the period. The price is currently at +0.02% from its lowest and -0.34% from its highest.

0.999400
1.003000
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 bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S1
R1
R2
Price


S1PriceR1R2
ProTrendLines 0.970000 0.999600 1.000000 1.010000
Change (%) -2.96% - +0.04% +1.04%
Change -0.029600 - +0.000400 +0.010400
Level Major - Major Intermediate



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
Standard0.9993330.9994670.9996330.9997670.9999331.0000671.000233
Camarilla0.9997180.9997450.9997730.9998000.9998280.9998550.999883
Woodie0.9993500.9994750.9996500.9997750.9999501.0000751.000250
Fibonacci0.9994670.9995810.9996520.9997670.9998810.9999521.000067


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9957330.9974670.9985331.0002671.0013331.0030671.004133
Camarilla0.9988300.9990870.9993430.9996000.9998571.0001131.000370
Woodie0.9954000.9973000.9982001.0001001.0010001.0029001.003800
Fibonacci0.9974670.9985360.9991971.0002671.0013361.0019971.003067


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9697670.9798330.9898670.9999331.0099671.0200331.030067
Camarilla0.9943730.9962150.9980580.9999001.0017431.0035851.005428
Woodie0.9697500.9798250.9898500.9999251.0099501.0200251.030050
Fibonacci0.9798330.9875120.9922550.9999331.0076121.0123551.020033

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.12
MACD (12,26,9): 0.0000
Directional Movement: 43.798190
AROON (14): 14.285715
DEMA (21): 1.000016
Parabolic SAR (0,02-0,02-0,2): 1.003000
Elder Ray (13): -0.000126
Super Trend (3,10): 0.999458
Zig ZAG (10): 0.999700
VORTEX (21): 0.9195
Stochastique (14,3,5): 13.89
TEMA (21): 1.000025
Williams %R (14): -88.89
Chande Momentum Oscillator (20): 0.000100
Repulse (5,40,3): -0.0714
ROCnROLL: 2
TRIX (15,9): 0.0011
Courbe Coppock: 0.04
MA7: 0.999814
MA20: 0.999865
MA50: 0.999998
MA100: 0.999788
MAexp7: 0.999935
MAexp20: 0.999967
MAexp50: 0.999913
MAexp100: 0.999906
Price / MA7: -0.02%
Price / MA20: -0.03%
Price / MA50: -0.04%
Price / MA100: -0.02%
Price / MAexp7: -0.03%
Price / MAexp20: -0.04%
Price / MAexp50: -0.03%
Price / MAexp100: -0.03%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia
Londinia AI

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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…

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