BADGER DAO - BADGER/USD - Daily - Technical analysis published on 12/07/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 3.87 USD
My targets
4.95 USD (+9.76%)
5.28 USD (+17.07%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BADGER DAO - BADGER/USD as long as the price remains well above 3.87 USD. The buyers' bullish objective is set at 4.95 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.28 USD. If there is any crossing, the next objective would be the resistance located at 6.81 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, 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
8
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This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BADGER DAO - BADGER/USD rating is 4.51 USD. The price is lower by -1.74% since the last closing with the lowest point at 4.36 USD and the highest point at 4.73 USD. The deviation from the price is +3.44% for the low point and -4.65% for the high point.4.36
4.73
4.51
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on BADGER DAO - BADGER/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BADGER DAO - BADGER/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% 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.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.69 | 3.23 | 3.87 | 4.51 | 5.28 | 6.81 | 12.64 |
| Change (%) | -40.35% | -28.38% | -14.19% | - | +17.07% | +51.00% | +180.27% |
| Change | -1.82 | -1.28 | -0.64 | - | +0.77 | +2.30 | +8.13 |
| Level | Intermediate | Minor | Major | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.07 | 3.82 | 4.20 | 4.95 | 5.33 | 6.08 | 6.46 |
| Camarilla | 4.28 | 4.38 | 4.49 | 4.59 | 4.69 | 4.80 | 4.90 |
| Woodie | 2.90 | 3.73 | 4.03 | 4.86 | 5.16 | 5.99 | 6.29 |
| Fibonacci | 3.82 | 4.25 | 4.52 | 4.95 | 5.38 | 5.65 | 6.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.61 | 2.99 | 3.59 | 3.97 | 4.57 | 4.95 | 5.55 |
| Camarilla | 3.92 | 4.01 | 4.10 | 4.19 | 4.28 | 4.37 | 4.46 |
| Woodie | 2.72 | 3.05 | 3.70 | 4.03 | 4.68 | 5.01 | 5.66 |
| Fibonacci | 2.99 | 3.36 | 3.60 | 3.97 | 4.34 | 4.58 | 4.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.30 | 0.54 | 2.04 | 3.88 | 5.38 | 7.22 | 8.72 |
| Camarilla | 2.63 | 2.94 | 3.24 | 3.55 | 3.86 | 4.16 | 4.47 |
| Woodie | -1.46 | 0.46 | 1.88 | 3.80 | 5.22 | 7.14 | 8.56 |
| Fibonacci | 0.54 | 1.81 | 2.60 | 3.88 | 5.15 | 5.94 | 7.22 |
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): | 59.34 | |
| MACD (12,26,9): | 0.3700 | |
| Directional Movement: | 25.75 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 4.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.79 | |
| Elder Ray (13): | 0.31 | |
| Super Trend (3,10): | 3.42 | |
| Zig ZAG (10): | 4.52 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 63.60 | |
| TEMA (21): | 4.61 | |
| Williams %R (14): | -50.30 | |
| Chande Momentum Oscillator (20): | 0.79 | |
| Repulse (5,40,3): | -6.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.1200 | |
| Courbe Coppock: | 49.50 |
| MA7: | 4.49 | |
| MA20: | 3.90 | |
| MA50: | 3.34 | |
| MA100: | 2.70 | |
| MAexp7: | 4.49 | |
| MAexp20: | 4.04 | |
| MAexp50: | 3.48 | |
| MAexp100: | 3.02 | |
| Price / MA7: | +0.45% | |
| Price / MA20: | +15.64% | |
| Price / MA50: | +35.03% | |
| Price / MA100: | +67.04% | |
| Price / MAexp7: | +0.45% | |
| Price / MAexp20: | +11.63% | |
| Price / MAexp50: | +29.60% | |
| Price / MAexp100: | +49.34% |
Quotes :
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Real time data
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