DODO - DODO/USD - 1H - Technical analysis published on 10/20/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.124322 USD
My targets
0.119875 USD (-1.17%)
0.117127 USD (-3.44%)
My analysis
The bearish trend is currently very strong for DODO - DODO/USD. As long as the price remains below the resistance at 0.124322 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.119875 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.117127 USD as an objective. Crossing it would then enable sellers to target 0.113000 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DODO - DODO/USD rating 0.121300 USD. The price has increased by +1.76% since the last closing and was traded between 0.118500 USD and 0.121300 USD over the period. The price is currently at +2.36% from its lowest and 0% from its highest.0.118500
0.121300
0.121300
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this DODO - DODO/USD chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
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 | 0.113000 | 0.117127 | 0.119875 | 0.121300 | 0.124322 | 0.128700 | 0.140000 |
| Change (%) | -6.84% | -3.44% | -1.17% | - | +2.49% | +6.10% | +15.42% |
| Change | -0.008300 | -0.004173 | -0.001425 | - | +0.003022 | +0.007400 | +0.018700 |
| Level | Minor | Major | Major | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.109967 | 0.114333 | 0.116767 | 0.121133 | 0.123567 | 0.127933 | 0.130367 |
| Camarilla | 0.117330 | 0.117953 | 0.118577 | 0.119200 | 0.119823 | 0.120447 | 0.121070 |
| Woodie | 0.109000 | 0.113850 | 0.115800 | 0.120650 | 0.122600 | 0.127450 | 0.129400 |
| Fibonacci | 0.114333 | 0.116931 | 0.118536 | 0.121133 | 0.123731 | 0.125336 | 0.127933 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.080533 | 0.093767 | 0.106033 | 0.119267 | 0.131533 | 0.144767 | 0.157033 |
| Camarilla | 0.111288 | 0.113625 | 0.115963 | 0.118300 | 0.120638 | 0.122975 | 0.125313 |
| Woodie | 0.080050 | 0.093525 | 0.105550 | 0.119025 | 0.131050 | 0.144525 | 0.156550 |
| Fibonacci | 0.093767 | 0.103508 | 0.109526 | 0.119267 | 0.129008 | 0.135026 | 0.144767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.091500 | 0.104000 | 0.115000 | 0.127500 | 0.138500 | 0.151000 | 0.162000 |
| Camarilla | 0.119538 | 0.121692 | 0.123846 | 0.126000 | 0.128154 | 0.130308 | 0.132463 |
| Woodie | 0.090750 | 0.103625 | 0.114250 | 0.127125 | 0.137750 | 0.150625 | 0.161250 |
| Fibonacci | 0.104000 | 0.112977 | 0.118523 | 0.127500 | 0.136477 | 0.142023 | 0.151000 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 36.95 | |
| MACD (12,26,9): | -0.0011 | |
| Directional Movement: | -13.007261 | |
| AROON (14): | -71.428572 | |
| DEMA (21): | 0.119942 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.121163 | |
| Elder Ray (13): | -0.001065 | |
| Super Trend (3,10): | 0.122437 | |
| Zig ZAG (10): | 0.119900 | |
| VORTEX (21): | 0.8271 | |
| Stochastique (14,3,5): | 21.09 | |
| TEMA (21): | 0.119738 | |
| Williams %R (14): | -59.18 | |
| Chande Momentum Oscillator (20): | -0.002000 | |
| Repulse (5,40,3): | 0.3855 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1052 | |
| Courbe Coppock: | 3.48 |
| MA7: | 0.122571 | |
| MA20: | 0.126985 | |
| MA50: | 0.126594 | |
| MA100: | 0.141377 | |
| MAexp7: | 0.120265 | |
| MAexp20: | 0.121346 | |
| MAexp50: | 0.122818 | |
| MAexp100: | 0.123224 | |
| Price / MA7: | -1.04% | |
| Price / MA20: | -4.48% | |
| Price / MA50: | -4.18% | |
| Price / MA100: | -14.20% | |
| Price / MAexp7: | +0.86% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -1.24% | |
| Price / MAexp100: | -1.56% |
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.
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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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