DASH - DASH/USD - 1H - Technical analysis published on 11/24/2021 (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 bullish
Underlying:
Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 190.61 USD
My targets
201.02 USD (+3.36%)
205.68 USD (+5.76%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on DASH - DASH/USD as long as the price remains well above 190.61 USD. The buyers' bullish objective is set at 201.02 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 205.68 USD. If there is any crossing, the next objective would be the resistance located at 209.65 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.5
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This analysis was given by alphakarl. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DASH - DASH/USD rating is 194.48 USD. The price registered an increase of +3.68% on the session and was traded between 184.62 USD and 201.51 USD over the period. The price is currently at +5.34% from its lowest and -3.49% from its highest.184.62
201.51
194.48
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this DASH - DASH/USD chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 179.22 | 184.79 | 190.61 | 194.48 | 201.02 | 205.68 | 209.65 |
| Change (%) | -7.85% | -4.98% | -1.99% | - | +3.36% | +5.76% | +7.80% |
| Change | -15.26 | -9.69 | -3.87 | - | +6.54 | +11.20 | +15.17 |
| Level | Minor | Major | Intermediate | - | Intermediate | 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 | 164.80 | 174.74 | 181.15 | 191.09 | 197.50 | 207.44 | 213.85 |
| Camarilla | 183.07 | 184.57 | 186.07 | 187.57 | 189.07 | 190.57 | 192.07 |
| Woodie | 163.05 | 173.86 | 179.40 | 190.21 | 195.75 | 206.56 | 212.10 |
| Fibonacci | 174.74 | 180.98 | 184.84 | 191.09 | 197.33 | 201.19 | 207.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 93.72 | 132.17 | 163.11 | 201.56 | 232.50 | 270.95 | 301.89 |
| Camarilla | 174.97 | 181.33 | 187.69 | 194.05 | 200.41 | 206.77 | 213.13 |
| Woodie | 89.97 | 130.29 | 159.36 | 199.68 | 228.75 | 269.07 | 298.14 |
| Fibonacci | 132.17 | 158.68 | 175.05 | 201.56 | 228.07 | 244.44 | 270.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 127.60 | 149.10 | 170.85 | 192.35 | 214.10 | 235.60 | 257.35 |
| Camarilla | 180.72 | 184.68 | 188.65 | 192.61 | 196.58 | 200.54 | 204.50 |
| Woodie | 127.74 | 149.16 | 170.99 | 192.41 | 214.24 | 235.66 | 257.49 |
| Fibonacci | 149.10 | 165.62 | 175.83 | 192.35 | 208.87 | 219.08 | 235.60 |
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): | 60.92 | |
| MACD (12,26,9): | 0.7300 | |
| Directional Movement: | 16.99 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 192.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 185.29 | |
| Elder Ray (13): | 4.40 | |
| Super Trend (3,10): | 186.63 | |
| Zig ZAG (10): | 195.97 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 66.71 | |
| TEMA (21): | 193.66 | |
| Williams %R (14): | -32.80 | |
| Chande Momentum Oscillator (20): | 6.17 | |
| Repulse (5,40,3): | 1.0500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 4.94 |
| MA7: | 192.76 | |
| MA20: | 205.97 | |
| MA50: | 197.16 | |
| MA100: | 201.65 | |
| MAexp7: | 193.78 | |
| MAexp20: | 191.95 | |
| MAexp50: | 192.60 | |
| MAexp100: | 193.48 | |
| Price / MA7: | +0.89% | |
| Price / MA20: | -5.58% | |
| Price / MA50: | -1.36% | |
| Price / MA100: | -3.56% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +1.32% | |
| Price / MAexp50: | +0.98% | |
| Price / MAexp100: | +0.52% |
Quotes :
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Real time data
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