DENT - DENT/USD - 1H - Technical analysis published on 04/29/2024 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 0.001311 USD
My targets
0.001220 USD (-4.46%)
0.001155 USD (-9.53%)
My analysis
The bearish trend is currently very strong for DENT - DENT/USD. As long as the price remains below the resistance at 0.001311 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.001220 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.001155 USD as an objective. Crossing it would then enable sellers to target 0.000948 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 opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
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
The DENT - DENT/USD price is 0.001277 USD. The price registered a decrease of -0.31% on the session and was between 0.001251 USD and 0.001304 USD. This implies that the price is at +2.08% from its lowest and at -2.07% from its highest.0.001251
0.001304
0.001277
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this DENT - DENT/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000728 | 0.000948 | 0.001220 | 0.001277 | 0.001311 | 0.001349 | 0.001410 |
| Change (%) | -42.99% | -25.76% | -4.46% | - | +2.66% | +5.64% | +10.42% |
| Change | -0.000549 | -0.000329 | -0.000057 | - | +0.000034 | +0.000072 | +0.000133 |
| Level | Minor | Intermediate | Major | - | Intermediate | Minor | Minor |
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 | 0.001190 | 0.001236 | 0.001258 | 0.001304 | 0.001326 | 0.001372 | 0.001394 |
| Camarilla | 0.001262 | 0.001269 | 0.001275 | 0.001281 | 0.001287 | 0.001294 | 0.001300 |
| Woodie | 0.001179 | 0.001230 | 0.001247 | 0.001298 | 0.001315 | 0.001366 | 0.001383 |
| Fibonacci | 0.001236 | 0.001262 | 0.001278 | 0.001304 | 0.001330 | 0.001346 | 0.001372 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001035 | 0.001155 | 0.001240 | 0.001360 | 0.001445 | 0.001565 | 0.001650 |
| Camarilla | 0.001268 | 0.001286 | 0.001305 | 0.001324 | 0.001343 | 0.001362 | 0.001380 |
| Woodie | 0.001017 | 0.001146 | 0.001222 | 0.001351 | 0.001427 | 0.001556 | 0.001632 |
| Fibonacci | 0.001155 | 0.001234 | 0.001282 | 0.001360 | 0.001439 | 0.001487 | 0.001565 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000623 | 0.001071 | 0.001504 | 0.001952 | 0.002385 | 0.002833 | 0.003266 |
| Camarilla | 0.001695 | 0.001776 | 0.001856 | 0.001937 | 0.002018 | 0.002099 | 0.002179 |
| Woodie | 0.000616 | 0.001067 | 0.001497 | 0.001948 | 0.002378 | 0.002829 | 0.003259 |
| Fibonacci | 0.001071 | 0.001408 | 0.001616 | 0.001952 | 0.002289 | 0.002497 | 0.002833 |
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): | 46.09 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -15.372835 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.001266 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.001278 | |
| Elder Ray (13): | -0.000002 | |
| Super Trend (3,10): | 0.001292 | |
| Zig ZAG (10): | 0.001276 | |
| VORTEX (21): | 0.7654 | |
| Stochastique (14,3,5): | 40.88 | |
| TEMA (21): | 0.001262 | |
| Williams %R (14): | -52.83 | |
| Chande Momentum Oscillator (20): | -0.000003 | |
| Repulse (5,40,3): | 0.9342 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1260 | |
| Courbe Coppock: | 4.12 |
| MA7: | 0.001344 | |
| MA20: | 0.001395 | |
| MA50: | 0.001698 | |
| MA100: | 0.001533 | |
| MAexp7: | 0.001273 | |
| MAexp20: | 0.001280 | |
| MAexp50: | 0.001297 | |
| MAexp100: | 0.001318 | |
| Price / MA7: | -4.99% | |
| Price / MA20: | -8.46% | |
| Price / MA50: | -24.79% | |
| Price / MA100: | -16.70% | |
| Price / MAexp7: | +0.31% | |
| Price / MAexp20: | -0.23% | |
| Price / MAexp50: | -1.54% | |
| Price / MAexp100: | -3.11% |
Quotes :
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Real time data
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