DAI - DAI/USD - 1H - Technical analysis published on 08/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Additional analysis
Quotes
The DAI - DAI/USD rating is 0.998926 USD. The price is lower by -0.01% since the last closing and was traded between 0.997098 USD and 1.000207 USD over the period. The price is currently at +0.18% from its lowest and -0.13% from its highest.A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
Technical analysis of this 1H chart of DAI - DAI/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
| S2 | S1 | Price | R1 | |
|---|---|---|---|---|
| ProTrendLines | 0.970000 | 0.990000 | 0.998926 | 1.000000 |
| Change (%) | -2.90% | -0.89% | - | +0.11% |
| Change | -0.028926 | -0.008926 | - | +0.001074 |
| Level | Minor | Major | - | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.992654 | 0.994571 | 0.996777 | 0.998694 | 1.000900 | 1.002817 | 1.005023 |
| Camarilla | 0.997849 | 0.998227 | 0.998605 | 0.998983 | 0.999361 | 0.999739 | 1.000117 |
| Woodie | 0.992799 | 0.994643 | 0.996922 | 0.998766 | 1.001045 | 1.002889 | 1.005168 |
| Fibonacci | 0.994571 | 0.996146 | 0.997119 | 0.998694 | 1.000269 | 1.001242 | 1.002817 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.973673 | 0.983296 | 0.990753 | 1.000376 | 1.007833 | 1.017456 | 1.024913 |
| Camarilla | 0.993512 | 0.995078 | 0.996643 | 0.998209 | 0.999775 | 1.001340 | 1.002906 |
| Woodie | 0.972589 | 0.982755 | 0.989669 | 0.999835 | 1.006749 | 1.016915 | 1.023829 |
| Fibonacci | 0.983296 | 0.989821 | 0.993852 | 1.000376 | 1.006901 | 1.010932 | 1.017456 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.979423 | 0.985741 | 0.992640 | 0.998958 | 1.005857 | 1.012175 | 1.019074 |
| Camarilla | 0.995903 | 0.997115 | 0.998326 | 0.999538 | 1.000750 | 1.001961 | 1.003173 |
| Woodie | 0.979713 | 0.985886 | 0.992930 | 0.999103 | 1.006147 | 1.012320 | 1.019364 |
| Fibonacci | 0.985741 | 0.990790 | 0.993909 | 0.998958 | 1.004007 | 1.007126 | 1.012175 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
| RSI (14): | 44.93 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -22.894233 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.998882 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.000103 | |
| Elder Ray (13): | -0.001069 | |
| Super Trend (3,10): | 1.001928 | |
| Zig ZAG (10): | 0.998140 | |
| VORTEX (21): | 0.9393 | |
| Stochastique (14,3,5): | 39.40 | |
| TEMA (21): | 0.999116 | |
| Williams %R (14): | -13.69 | |
| Chande Momentum Oscillator (20): | 0.002125 | |
| Repulse (5,40,3): | 0.0845 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0004 | |
| Courbe Coppock: | 0.04 |
| MA7: | 0.999528 | |
| MA20: | 0.999593 | |
| MA50: | 0.999695 | |
| MA100: | 0.999689 | |
| MAexp7: | 0.999126 | |
| MAexp20: | 0.999050 | |
| MAexp50: | 0.999288 | |
| MAexp100: | 0.999469 | |
| Price / MA7: | -0.06% | |
| Price / MA20: | -0.07% | |
| Price / MA50: | -0.08% | |
| Price / MA100: | -0.08% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.05% |
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