DUSK NETWORK - DUSK/USD - 1H - Technical analysis published on 08/25/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.220004 USD
My targets
0.250443 USD (+9.70%)
0.272207 USD (+19.24%)
My analysis
The basic bullish trend is very strong on DUSK NETWORK - DUSK/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.220004 USD. Crossing the first resistance at 0.250443 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.272207 USD as an objective. Crossing it would then enable buyers to target 0.283362 USD. Caution, a return to below 0.220004 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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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 0.228290 USD. The price registered a decrease of -0.17% on the session and was traded between 0.220520 USD and 0.229440 USD over the period. The price is currently at +3.52% from its lowest and -0.50% from its highest.0.220520
0.229440
0.228290
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of DUSK NETWORK - DUSK/USD in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.193257 | 0.205008 | 0.220004 | 0.228290 | 0.283362 | 0.424195 | 0.494772 |
| Change (%) | -15.35% | -10.20% | -3.63% | - | +24.12% | +85.81% | +116.73% |
| Change | -0.035033 | -0.023282 | -0.008286 | - | +0.055072 | +0.195905 | +0.266482 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | 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 | 0.207880 | 0.215120 | 0.221900 | 0.229140 | 0.235920 | 0.243160 | 0.249940 |
| Camarilla | 0.224825 | 0.226110 | 0.227395 | 0.228680 | 0.229965 | 0.231250 | 0.232536 |
| Woodie | 0.207650 | 0.215005 | 0.221670 | 0.229025 | 0.235690 | 0.243045 | 0.249710 |
| Fibonacci | 0.215120 | 0.220476 | 0.223784 | 0.229140 | 0.234496 | 0.237804 | 0.243160 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.135263 | 0.157027 | 0.192853 | 0.214617 | 0.250443 | 0.272207 | 0.308033 |
| Camarilla | 0.212843 | 0.218122 | 0.223401 | 0.228680 | 0.233959 | 0.239238 | 0.244517 |
| Woodie | 0.142295 | 0.160543 | 0.199885 | 0.218133 | 0.257475 | 0.275723 | 0.315065 |
| Fibonacci | 0.157027 | 0.179026 | 0.192617 | 0.214617 | 0.236616 | 0.250207 | 0.272207 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.112333 | 0.164217 | 0.193103 | 0.244987 | 0.273873 | 0.325757 | 0.354643 |
| Camarilla | 0.199778 | 0.207182 | 0.214586 | 0.221990 | 0.229394 | 0.236798 | 0.244202 |
| Woodie | 0.100835 | 0.158468 | 0.181605 | 0.239238 | 0.262375 | 0.320008 | 0.343145 |
| Fibonacci | 0.164217 | 0.195071 | 0.214133 | 0.244987 | 0.275841 | 0.294903 | 0.325757 |
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): | 55.80 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 13.504998 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.225946 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.222147 | |
| Elder Ray (13): | 0.001527 | |
| Super Trend (3,10): | 0.228939 | |
| Zig ZAG (10): | 0.227780 | |
| VORTEX (21): | 1.0951 | |
| Stochastique (14,3,5): | 90.44 | |
| TEMA (21): | 0.225866 | |
| Williams %R (14): | -5.00 | |
| Chande Momentum Oscillator (20): | 0.002980 | |
| Repulse (5,40,3): | 0.8281 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0234 | |
| Courbe Coppock: | 2.00 |
| MA7: | 0.214283 | |
| MA20: | 0.195370 | |
| MA50: | 0.221775 | |
| MA100: | 0.290451 | |
| MAexp7: | 0.226479 | |
| MAexp20: | 0.225816 | |
| MAexp50: | 0.224673 | |
| MAexp100: | 0.219372 | |
| Price / MA7: | +6.54% | |
| Price / MA20: | +16.85% | |
| Price / MA50: | +2.94% | |
| Price / MA100: | -21.40% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +1.10% | |
| Price / MAexp50: | +1.61% | |
| Price / MAexp100: | +4.07% |
Quotes :
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Real time data
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