DAI - DAI/USD - 1H - Technical analysis published on 11/08/2024 (GMT)
- 98
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
22%
39%
39%
My opinion
Neutral between 0.999535 USD and 1.003000 USD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 0.999535 USD. The first resistance is located at 1.003000 USD. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by DAI - DAI/USD.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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.
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Additional analysis
Quotes
The DAI - DAI/USD rating is 0.999800 USD. The price is lower by -0.01% since the last closing and was traded between 0.999790 USD and 1.000000 USD over the period. The price is currently at +0.00% from its lowest and -0.02% from its highest.0.999790
1.000000
0.999800
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DAI - DAI/USD:
Near a new HIGH record (1 year)
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 not clearly defined. The slightly bearish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bearish trend. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.999319 | 0.999535 | 0.999725 | 0.999800 | 1.000017 | 1.003000 | 1.003864 |
| Change (%) | -0.05% | -0.03% | -0.01% | - | +0.02% | +0.32% | +0.41% |
| Change | -0.000481 | -0.000265 | -0.000075 | - | +0.000217 | +0.003200 | +0.004064 |
| Level | Major | Major | Minor | - | 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 | 0.998549 | 0.999052 | 0.999469 | 0.999972 | 1.000389 | 1.000892 | 1.001309 |
| Camarilla | 0.999634 | 0.999718 | 0.999803 | 0.999887 | 0.999971 | 1.000056 | 1.000140 |
| Woodie | 0.998507 | 0.999031 | 0.999427 | 0.999951 | 1.000347 | 1.000871 | 1.001267 |
| Fibonacci | 0.999052 | 0.999403 | 0.999620 | 0.999972 | 1.000323 | 1.000540 | 1.000892 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.991929 | 0.995111 | 0.997500 | 1.000682 | 1.003071 | 1.006253 | 1.008642 |
| Camarilla | 0.998357 | 0.998868 | 0.999378 | 0.999889 | 1.000400 | 1.000910 | 1.001421 |
| Woodie | 0.991533 | 0.994913 | 0.997104 | 1.000484 | 1.002675 | 1.006055 | 1.008246 |
| Fibonacci | 0.995111 | 0.997239 | 0.998554 | 1.000682 | 1.002810 | 1.004125 | 1.006253 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.985563 | 0.989997 | 0.994996 | 0.999430 | 1.004429 | 1.008863 | 1.013862 |
| Camarilla | 0.997401 | 0.998266 | 0.999130 | 0.999995 | 1.000860 | 1.001724 | 1.002589 |
| Woodie | 0.985846 | 0.990138 | 0.995279 | 0.999571 | 1.004712 | 1.009004 | 1.014145 |
| Fibonacci | 0.989997 | 0.993600 | 0.995827 | 0.999430 | 1.003033 | 1.005260 | 1.008863 |
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): | 47.50 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 7.480367 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.999860 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.000282 | |
| Elder Ray (13): | -0.000006 | |
| Super Trend (3,10): | 1.000281 | |
| Zig ZAG (10): | 0.999800 | |
| VORTEX (21): | 0.9941 | |
| Stochastique (14,3,5): | 10.25 | |
| TEMA (21): | 0.999832 | |
| Williams %R (14): | -89.75 | |
| Chande Momentum Oscillator (20): | -0.000095 | |
| Repulse (5,40,3): | -0.0276 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0002 | |
| Courbe Coppock: | 0.02 |
| MA7: | 0.999772 | |
| MA20: | 0.999728 | |
| MA50: | 0.999777 | |
| MA100: | 0.999774 | |
| MAexp7: | 0.999830 | |
| MAexp20: | 0.999875 | |
| MAexp50: | 0.999855 | |
| MAexp100: | 0.999839 | |
| Price / MA7: | +0.00% | |
| Price / MA20: | +0.01% | |
| Price / MA50: | +0.00% | |
| Price / MA100: | +0.00% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | +0.00% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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