DASH - DASH/USD - 1H - Technical analysis published on 08/07/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 31.41 USD
My targets
33.65 USD (+4.03%)
34.61 USD (+6.98%)
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 31.41 USD remains possible. It is advisable to trade DASH - DASH/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 31.41 USD. The next bullish objective for buyers is set at 33.65 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 34.61 USD. If there is any crossing, the next objective would be the resistance located at 40.94 USD. PS: if there is a bearish break in the support located at 31.41 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.5
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Additional analysis
Quotes
The DASH - DASH/USD rating is 32.35 USD. On the day, this instrument lost -0.15% with the lowest point at 31.89 USD and the highest point at 33.46 USD. The deviation from the price is +1.44% for the low point and -3.32% for the high point.31.89
33.46
32.35
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DASH - DASH/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 30.95 | 31.41 | 32.18 | 32.35 | 32.51 | 40.94 | 45.84 |
| Change (%) | -4.33% | -2.91% | -0.53% | - | +0.49% | +26.55% | +41.70% |
| Change | -1.40 | -0.94 | -0.17 | - | +0.16 | +8.59 | +13.49 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Major |
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 | 29.09 | 29.93 | 31.16 | 32.00 | 33.23 | 34.07 | 35.30 |
| Camarilla | 31.83 | 32.02 | 32.21 | 32.40 | 32.59 | 32.78 | 32.97 |
| Woodie | 29.30 | 30.03 | 31.37 | 32.10 | 33.44 | 34.17 | 35.51 |
| Fibonacci | 29.93 | 30.72 | 31.21 | 32.00 | 32.79 | 33.28 | 34.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.68 | 29.03 | 29.99 | 31.34 | 32.30 | 33.65 | 34.61 |
| Camarilla | 30.31 | 30.52 | 30.73 | 30.94 | 31.15 | 31.36 | 31.58 |
| Woodie | 27.48 | 28.93 | 29.79 | 31.24 | 32.10 | 33.55 | 34.41 |
| Fibonacci | 29.03 | 29.92 | 30.46 | 31.34 | 32.23 | 32.77 | 33.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.05 | 25.44 | 28.56 | 33.95 | 37.07 | 42.46 | 45.58 |
| Camarilla | 29.34 | 30.12 | 30.90 | 31.68 | 32.46 | 33.24 | 34.02 |
| Woodie | 18.92 | 24.87 | 27.43 | 33.38 | 35.94 | 41.89 | 44.45 |
| Fibonacci | 25.44 | 28.69 | 30.70 | 33.95 | 37.20 | 39.21 | 42.46 |
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): | 48.57 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 2.78 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 32.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 32.91 | |
| Elder Ray (13): | -0.11 | |
| Super Trend (3,10): | 32.92 | |
| Zig ZAG (10): | 32.31 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 24.32 | |
| TEMA (21): | 32.29 | |
| Williams %R (14): | -71.62 | |
| Chande Momentum Oscillator (20): | -0.66 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 3.50 |
| MA7: | 31.68 | |
| MA20: | 31.92 | |
| MA50: | 33.55 | |
| MA100: | 37.22 | |
| MAexp7: | 32.31 | |
| MAexp20: | 32.42 | |
| MAexp50: | 32.12 | |
| MAexp100: | 31.84 | |
| Price / MA7: | +2.11% | |
| Price / MA20: | +1.35% | |
| Price / MA50: | -3.58% | |
| Price / MA100: | -13.08% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | +0.72% | |
| Price / MAexp100: | +1.60% |
Quotes :
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Real time data
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