DENT - DENT/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	DENTUSD
ISIN:

DENT - DENT/USD - 1H - Technical analysis published on 11/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

28%

33%

39%

My opinion

Bullish above 0.001227 USD

My targets

0.001365 USD (+7.14%)

0.001451 USD (+13.89%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.001227 USD remains possible. It is advisable to trade DENT - DENT/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.001227 USD. The next bullish objective for buyers is set at 0.001365 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.001451 USD. If there is any crossing, the next objective would be the resistance located at 0.001529 USD. PS: if there is a bearish break in the support located at 0.001227 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

DENT - DENT/USD rating 0.001274 USD. The price registered a decrease of -0.39% on the session with the lowest point at 0.001269 USD and the highest point at 0.001463 USD. The deviation from the price is +0.39% for the low point and -12.92% for the high point.

0.001269

0.001463

0.001274

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

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in 1H of this DENT - DENT/USD chart shows a bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.001158	0.001198	0.001227	0.001274	0.001365	0.001451	0.001529
Change (%)	-9.11%	-5.97%	-3.69%	-	+7.14%	+13.89%	+20.02%
Change	-0.000116	-0.000076	-0.000047	-	+0.000091	+0.000177	+0.000255
Level	Major	Intermediate	Major	-	Minor	Minor	Major

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	0.000908	0.001030	0.001155	0.001277	0.001402	0.001524	0.001649
Camarilla	0.001211	0.001234	0.001256	0.001279	0.001302	0.001324	0.001347
Woodie	0.000909	0.001031	0.001156	0.001278	0.001403	0.001525	0.001650
Fibonacci	0.001030	0.001125	0.001183	0.001277	0.001372	0.001430	0.001524

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000673	0.000842	0.001061	0.001230	0.001449	0.001618	0.001837
Camarilla	0.001172	0.001208	0.001243	0.001279	0.001315	0.001350	0.001386
Woodie	0.000697	0.000855	0.001085	0.001243	0.001473	0.001631	0.001861
Fibonacci	0.000842	0.000991	0.001082	0.001230	0.001379	0.001470	0.001618

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000436	0.000571	0.000710	0.000845	0.000984	0.001119	0.001258
Camarilla	0.000775	0.000800	0.000825	0.000850	0.000875	0.000900	0.000925
Woodie	0.000439	0.000572	0.000713	0.000846	0.000987	0.001120	0.001261
Fibonacci	0.000571	0.000675	0.000740	0.000845	0.000949	0.001014	0.001119

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):	45.70
MACD (12,26,9):	0.0000
Directional Movement:	-0.251055
AROON (14):	71.428571
DEMA (21):	0.001388
Parabolic SAR (0,02-0,02-0,2):	0.001453
Elder Ray (13):	-0.000045
Super Trend (3,10):	0.001446
Zig ZAG (10):	0.001309
VORTEX (21):	0.9988
Stochastique (14,3,5):	30.08
TEMA (21):	0.001379
Williams %R (14):	-84.62
Chande Momentum Oscillator (20):	-0.000037
Repulse (5,40,3):	-3.2946
ROCnROLL:	-1
TRIX (15,9):	0.4555
Courbe Coppock:	9.60

MA7:	0.001175
MA20:	0.001041
MA50:	0.000934
MA100:	0.000880
MAexp7:	0.001356
MAexp20:	0.001345
MAexp50:	0.001281
MAexp100:	0.001217
Price / MA7:	+8.43%
Price / MA20:	+22.38%
Price / MA50:	+36.40%
Price / MA100:	+44.77%
Price / MAexp7:	-6.05%
Price / MAexp20:	-5.28%
Price / MAexp50:	-0.55%
Price / MAexp100:	+4.68%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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