DASH - DASH/USD
DASH - DASH/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: DASHUSD
ISIN:

DASH - DASH/USD - 1H - Technical analysis published on 12/17/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
22%
28%
50%
My opinion
Bearish under 33.58 USD
My targets
31.83 USD (-2.63%)
30.81 USD (-5.75%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DASH - DASH/USD as long as the price remains well below 33.58 USD. The next bearish objective for sellers is set at 31.83 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 30.81 USD. If there is any crossing, the next objective would be the support located at 28.10 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5

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:
15 min. Daily Weekly

Additional analysis

Quotes

The DASH - DASH/USD rating is 32.69 USD. On the day, this instrument lost -0.15% and was between 32.54 USD and 32.88 USD. This implies that the price is at +0.46% from its lowest and at -0.58% from its highest.

32.54
32.88
32.69

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of DASH - DASH/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


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:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 28.10 30.81 31.83 32.69 33.58 34.35 34.83
Change (%) -14.04% -5.75% -2.63% - +2.72% +5.08% +6.55%
Change -4.59 -1.88 -0.86 - +0.89 +1.66 +2.14
Level Minor Intermediate Intermediate - Major Intermediate Intermediate



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
Standard30.6331.1531.9532.4733.2733.7934.59
Camarilla32.3832.5032.6232.7432.8632.9833.10
Woodie30.7631.2232.0832.5433.4033.8634.72
Fibonacci31.1531.6631.9732.4732.9833.2933.79


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.6927.7330.2433.2835.7938.8341.34
Camarilla31.2131.7232.2332.7433.2533.7634.27
Woodie24.4227.6029.9733.1535.5238.7041.07
Fibonacci27.7329.8531.1633.2835.4036.7138.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.6424.1927.0930.6433.5437.0939.99
Camarilla28.2128.8029.3929.9830.5731.1631.75
Woodie20.3124.0326.7630.4833.2136.9339.66
Fibonacci24.1926.6628.1830.6433.1134.6337.09

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 47.54
MACD (12,26,9): -0.0200
Directional Movement: -5.90
AROON (14): -57.15
DEMA (21): 32.70
Parabolic SAR (0,02-0,02-0,2): 32.99
Elder Ray (13): -0.05
Super Trend (3,10): 32.40
Zig ZAG (10): 32.69
VORTEX (21): 0.8600
Stochastique (14,3,5): 40.72
TEMA (21): 32.77
Williams %R (14): -80.43
Chande Momentum Oscillator (20): -0.16
Repulse (5,40,3): 0.4300
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 0.48
MA7: 32.81
MA20: 32.30
MA50: 31.22
MA100: 28.82
MAexp7: 32.74
MAexp20: 32.75
MAexp50: 32.87
MAexp100: 33.01
Price / MA7: -0.37%
Price / MA20: +1.21%
Price / MA50: +4.71%
Price / MA100: +13.43%
Price / MAexp7: -0.15%
Price / MAexp20: -0.18%
Price / MAexp50: -0.55%
Price / MAexp100: -0.97%

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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