DUSK NETWORK - DUSK/USD - 1H - Technical analysis published on 11/18/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 0.168200 USD
My targets
0.158420 USD (-2.19%)
0.152700 USD (-5.72%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DUSK NETWORK - DUSK/USD. As long as you are under the resistance located at 0.168200 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.158420 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.152700 USD as an objective. Crossing it would then enable sellers to target 0.140100 USD. If the resistance 0.168200 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.7
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:
Additional analysis
Quotes
The DUSK NETWORK - DUSK/USD rating is 0.161970 USD. On the day, this instrument gained +0.94% and was traded between 0.154230 USD and 0.163120 USD over the period. The price is currently at +5.02% from its lowest and -0.71% from its highest.0.154230
0.163120
0.161970
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of DUSK NETWORK - DUSK/USD indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.140100 | 0.152700 | 0.158420 | 0.161970 | 0.168200 | 0.179490 | 0.184933 |
| Change (%) | -13.50% | -5.72% | -2.19% | - | +3.85% | +10.82% | +14.18% |
| Change | -0.021870 | -0.009270 | -0.003550 | - | +0.006230 | +0.017520 | +0.022963 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.140127 | 0.145403 | 0.152937 | 0.158213 | 0.165747 | 0.171023 | 0.178557 |
| Camarilla | 0.156947 | 0.158122 | 0.159296 | 0.160470 | 0.161644 | 0.162819 | 0.163993 |
| Woodie | 0.141255 | 0.145968 | 0.154065 | 0.158778 | 0.166875 | 0.171588 | 0.179685 |
| Fibonacci | 0.145403 | 0.150297 | 0.153320 | 0.158213 | 0.163107 | 0.166130 | 0.171023 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.081470 | 0.104800 | 0.137900 | 0.161230 | 0.194330 | 0.217660 | 0.250760 |
| Camarilla | 0.155482 | 0.160655 | 0.165827 | 0.171000 | 0.176173 | 0.181346 | 0.186518 |
| Woodie | 0.086355 | 0.107243 | 0.142785 | 0.163673 | 0.199215 | 0.220103 | 0.255645 |
| Fibonacci | 0.104800 | 0.126356 | 0.139674 | 0.161230 | 0.182786 | 0.196104 | 0.217660 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.072783 | 0.086637 | 0.105193 | 0.119047 | 0.137603 | 0.151457 | 0.170013 |
| Camarilla | 0.114837 | 0.117808 | 0.120779 | 0.123750 | 0.126721 | 0.129692 | 0.132663 |
| Woodie | 0.075135 | 0.087813 | 0.107545 | 0.120223 | 0.139955 | 0.152633 | 0.172365 |
| Fibonacci | 0.086637 | 0.099017 | 0.106666 | 0.119047 | 0.131427 | 0.139076 | 0.151457 |
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): | 54.11 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -4.837344 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.157606 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.154230 | |
| Elder Ray (13): | 0.002431 | |
| Super Trend (3,10): | 0.154638 | |
| Zig ZAG (10): | 0.161210 | |
| VORTEX (21): | 1.0639 | |
| Stochastique (14,3,5): | 80.79 | |
| TEMA (21): | 0.159571 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.004960 | |
| Repulse (5,40,3): | 2.7655 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1153 | |
| Courbe Coppock: | 4.45 |
| MA7: | 0.169674 | |
| MA20: | 0.147290 | |
| MA50: | 0.127448 | |
| MA100: | 0.118112 | |
| MAexp7: | 0.159365 | |
| MAexp20: | 0.158615 | |
| MAexp50: | 0.162440 | |
| MAexp100: | 0.165542 | |
| Price / MA7: | -4.54% | |
| Price / MA20: | +9.97% | |
| Price / MA50: | +27.09% | |
| Price / MA100: | +37.13% | |
| Price / MAexp7: | +1.63% | |
| Price / MAexp20: | +2.12% | |
| Price / MAexp50: | -0.29% | |
| Price / MAexp100: | -2.16% |
Quotes :
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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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