BADGER DAO - BADGER/USD - Daily - Technical analysis published on 12/22/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 3.87 USD
My targets
4.33 USD (+7.79%)
5.21 USD (+29.60%)
My analysis
The basic bullish trend is very strong on BADGER DAO - BADGER/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 3.87 USD. Crossing the first resistance at 4.33 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 5.21 USD as an objective. Crossing it would then enable buyers to target 6.81 USD. Caution, a return to below 3.87 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.2
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Additional analysis
Quotes
BADGER DAO - BADGER/USD rating 4.02 USD. The price is lower by -0.50% since the last closing and was between 3.99 USD and 4.08 USD. This implies that the price is at +0.75% from its lowest and at -1.47% from its highest.3.99
4.08
4.02
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BADGER DAO - BADGER/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of BADGER DAO - BADGER/USD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 2.69 | 3.23 | 3.87 | 4.02 | 5.21 | 6.81 | 12.64 |
| Change (%) | -33.08% | -19.65% | -3.73% | - | +29.60% | +69.40% | +214.43% |
| Change | -1.33 | -0.79 | -0.15 | - | +1.19 | +2.79 | +8.62 |
| Level | Major | Intermediate | Major | - | Major | Minor | Intermediate |
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 | 3.45 | 3.65 | 3.85 | 4.05 | 4.25 | 4.45 | 4.65 |
| Camarilla | 3.93 | 3.97 | 4.00 | 4.04 | 4.08 | 4.11 | 4.15 |
| Woodie | 3.44 | 3.65 | 3.84 | 4.05 | 4.24 | 4.45 | 4.64 |
| Fibonacci | 3.65 | 3.81 | 3.90 | 4.05 | 4.21 | 4.30 | 4.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.21 | 2.79 | 3.27 | 3.85 | 4.33 | 4.91 | 5.39 |
| Camarilla | 3.47 | 3.57 | 3.66 | 3.76 | 3.86 | 3.95 | 4.05 |
| Woodie | 2.17 | 2.77 | 3.23 | 3.83 | 4.29 | 4.89 | 5.35 |
| Fibonacci | 2.79 | 3.19 | 3.44 | 3.85 | 4.25 | 4.50 | 4.91 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.28 | 0.55 | 2.05 | 3.88 | 5.38 | 7.21 | 8.71 |
| Camarilla | 2.63 | 2.94 | 3.25 | 3.55 | 3.86 | 4.16 | 4.47 |
| Woodie | -1.45 | 0.47 | 1.89 | 3.80 | 5.22 | 7.13 | 8.55 |
| Fibonacci | 0.55 | 1.82 | 2.61 | 3.88 | 5.15 | 5.94 | 7.21 |
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): | 51.35 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 5.33 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 4.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.83 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 3.42 | |
| Zig ZAG (10): | 3.99 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 53.21 | |
| TEMA (21): | 3.89 | |
| Williams %R (14): | -51.90 | |
| Chande Momentum Oscillator (20): | -0.36 | |
| Repulse (5,40,3): | 1.2100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 24.07 |
| MA7: | 3.89 | |
| MA20: | 4.16 | |
| MA50: | 3.82 | |
| MA100: | 3.00 | |
| MAexp7: | 3.95 | |
| MAexp20: | 3.96 | |
| MAexp50: | 3.70 | |
| MAexp100: | 3.26 | |
| Price / MA7: | +3.34% | |
| Price / MA20: | -3.37% | |
| Price / MA50: | +5.24% | |
| Price / MA100: | +34.00% | |
| Price / MAexp7: | +1.77% | |
| Price / MAexp20: | +1.52% | |
| Price / MAexp50: | +8.65% | |
| Price / MAexp100: | +23.31% |
Quotes :
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Real time data
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