DUSK NETWORK - DUSK/USD - 1H - Technical analysis published on 02/09/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.317784 USD
My targets
0.329780 USD (+1.77%)
0.345577 USD (+6.65%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DUSK NETWORK - DUSK/USD as long as the price remains well above 0.317784 USD. The buyers' bullish objective is set at 0.329780 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.345577 USD. If there is any crossing, the next objective would be the resistance located at 0.495900 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DUSK NETWORK - DUSK/USD rating 0.324040 USD. The price registered an increase of +4.91% on the session and was traded between 0.308350 USD and 0.324040 USD over the period. The price is currently at +5.09% from its lowest and 0% from its highest.0.308350
0.324040
0.324040
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DUSK NETWORK - DUSK/USD:
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 DUSK NETWORK - DUSK/USD chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Upside gap
Type : Bullish
Timeframe : 1 hour
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.282800 | 0.300800 | 0.317784 | 0.324040 | 0.329780 | 0.495900 | 1.030000 |
| Change (%) | -12.73% | -7.17% | -1.93% | - | +1.77% | +53.04% | +217.86% |
| Change | -0.041240 | -0.023240 | -0.006256 | - | +0.005740 | +0.171860 | +0.705960 |
| Level | Major | Intermediate | Intermediate | - | Minor | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.283673 | 0.292237 | 0.300553 | 0.309117 | 0.317433 | 0.325997 | 0.334313 |
| Camarilla | 0.304228 | 0.305775 | 0.307323 | 0.308870 | 0.310417 | 0.311965 | 0.313512 |
| Woodie | 0.283550 | 0.292175 | 0.300430 | 0.309055 | 0.317310 | 0.325935 | 0.334190 |
| Fibonacci | 0.292237 | 0.298685 | 0.302669 | 0.309117 | 0.315565 | 0.319549 | 0.325997 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.213577 | 0.229343 | 0.257577 | 0.273343 | 0.301577 | 0.317343 | 0.345577 |
| Camarilla | 0.273710 | 0.277743 | 0.281777 | 0.285810 | 0.289843 | 0.293877 | 0.297910 |
| Woodie | 0.219810 | 0.232460 | 0.263810 | 0.276460 | 0.307810 | 0.320460 | 0.351810 |
| Fibonacci | 0.229343 | 0.246151 | 0.256535 | 0.273343 | 0.290151 | 0.300535 | 0.317343 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.009473 | 0.077327 | 0.162643 | 0.230497 | 0.315813 | 0.383667 | 0.468983 |
| Camarilla | 0.205838 | 0.219879 | 0.233919 | 0.247960 | 0.262001 | 0.276041 | 0.290082 |
| Woodie | 0.018205 | 0.081693 | 0.171375 | 0.234863 | 0.324545 | 0.388033 | 0.477715 |
| Fibonacci | 0.077327 | 0.135838 | 0.171986 | 0.230497 | 0.289008 | 0.325156 | 0.383667 |
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): | 68.73 | |
| MACD (12,26,9): | 0.0029 | |
| Directional Movement: | 23.504572 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.316846 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.308501 | |
| Elder Ray (13): | 0.008142 | |
| Super Trend (3,10): | 0.313526 | |
| Zig ZAG (10): | 0.324040 | |
| VORTEX (21): | 1.2689 | |
| Stochastique (14,3,5): | 97.74 | |
| TEMA (21): | 0.319815 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.009520 | |
| Repulse (5,40,3): | 2.4620 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0511 | |
| Courbe Coppock: | 5.36 |
| MA7: | 0.301936 | |
| MA20: | 0.263873 | |
| MA50: | 0.214567 | |
| MA100: | 0.186897 | |
| MAexp7: | 0.318612 | |
| MAexp20: | 0.313882 | |
| MAexp50: | 0.311256 | |
| MAexp100: | 0.305496 | |
| Price / MA7: | +7.32% | |
| Price / MA20: | +22.80% | |
| Price / MA50: | +51.02% | |
| Price / MA100: | +73.38% | |
| Price / MAexp7: | +1.70% | |
| Price / MAexp20: | +3.24% | |
| Price / MAexp50: | +4.11% | |
| Price / MAexp100: | +6.07% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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