DENT - DENT/USD - 1H - Technical analysis published on 04/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.001900 USD
My targets
0.001840 USD (-2.02%)
0.001778 USD (-5.32%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DENT - DENT/USD as long as the price remains well below 0.001900 USD. The sellers' bearish objective is set at 0.001840 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.001778 USD. In case of crossing, the next objective would be the support located at 0.001740 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DENT - DENT/USD rating 0.001878 USD. The price registered a decrease of -0.11% on the session and was between 0.001854 USD and 0.001919 USD. This implies that the price is at +1.29% from its lowest and at -2.14% from its highest.0.001854
0.001919
0.001878
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of DENT - DENT/USD indicates that the overall trend is bearish. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 | 0.001740 | 0.001778 | 0.001840 | 0.001878 | 0.001900 | 0.001966 | 0.002011 |
| Change (%) | -7.35% | -5.32% | -2.02% | - | +1.17% | +4.69% | +7.08% |
| Change | -0.000138 | -0.000100 | -0.000038 | - | +0.000022 | +0.000088 | +0.000133 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001551 | 0.001715 | 0.001798 | 0.001962 | 0.002045 | 0.002209 | 0.002292 |
| Camarilla | 0.001812 | 0.001835 | 0.001857 | 0.001880 | 0.001903 | 0.001925 | 0.001948 |
| Woodie | 0.001510 | 0.001695 | 0.001757 | 0.001942 | 0.002004 | 0.002189 | 0.002251 |
| Fibonacci | 0.001715 | 0.001810 | 0.001868 | 0.001962 | 0.002057 | 0.002115 | 0.002209 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001284 | 0.001459 | 0.001614 | 0.001789 | 0.001944 | 0.002119 | 0.002274 |
| Camarilla | 0.001679 | 0.001710 | 0.001740 | 0.001770 | 0.001800 | 0.001831 | 0.001861 |
| Woodie | 0.001275 | 0.001454 | 0.001605 | 0.001784 | 0.001935 | 0.002114 | 0.002265 |
| Fibonacci | 0.001459 | 0.001585 | 0.001663 | 0.001789 | 0.001915 | 0.001993 | 0.002119 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000104 | 0.000812 | 0.001374 | 0.002082 | 0.002644 | 0.003352 | 0.003914 |
| Camarilla | 0.001588 | 0.001704 | 0.001821 | 0.001937 | 0.002053 | 0.002170 | 0.002286 |
| Woodie | 0.000032 | 0.000776 | 0.001302 | 0.002046 | 0.002572 | 0.003316 | 0.003842 |
| Fibonacci | 0.000812 | 0.001297 | 0.001597 | 0.002082 | 0.002567 | 0.002867 | 0.003352 |
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): | 42.31 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -12.484953 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.001879 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.001900 | |
| Elder Ray (13): | -0.000020 | |
| Super Trend (3,10): | 0.001932 | |
| Zig ZAG (10): | 0.001878 | |
| VORTEX (21): | 0.8143 | |
| Stochastique (14,3,5): | 25.64 | |
| TEMA (21): | 0.001866 | |
| Williams %R (14): | -63.08 | |
| Chande Momentum Oscillator (20): | -0.000002 | |
| Repulse (5,40,3): | -1.4027 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1505 | |
| Courbe Coppock: | 2.12 |
| MA7: | 0.001831 | |
| MA20: | 0.001865 | |
| MA50: | 0.001881 | |
| MA100: | 0.001490 | |
| MAexp7: | 0.001883 | |
| MAexp20: | 0.001903 | |
| MAexp50: | 0.001913 | |
| MAexp100: | 0.001885 | |
| Price / MA7: | +2.57% | |
| Price / MA20: | +0.70% | |
| Price / MA50: | -0.16% | |
| Price / MA100: | +26.04% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -1.31% | |
| Price / MAexp50: | -1.83% | |
| Price / MAexp100: | -0.37% |
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.
About author
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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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