DASH - DASH/USD - 1H - Technical analysis published on 09/07/2024 (GMT)
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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%
22%
39%
My opinion
Bearish under 23.96 USD
My targets
22.95 USD (-1.16%)
22.65 USD (-2.45%)
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 23.96 USD. The sellers' bearish objective is set at 22.95 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 22.65 USD. In case of crossing, the next objective would be the support located at 21.88 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
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:
Additional analysis
Quotes
DASH - DASH/USD rating 23.22 USD. The price is lower by -0.04% since the last closing and was traded between 22.94 USD and 23.24 USD over the period. The price is currently at +1.22% from its lowest and -0.09% from its highest.22.94
23.24
23.22
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DASH - DASH/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 7 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21.88 | 22.65 | 22.95 | 23.22 | 23.28 | 23.96 | 24.77 |
| Change (%) | -5.77% | -2.45% | -1.16% | - | +0.26% | +3.19% | +6.68% |
| Change | -1.34 | -0.57 | -0.27 | - | +0.06 | +0.74 | +1.55 |
| Level | Major | Intermediate | Minor | - | Major | Intermediate | 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 | 21.07 | 21.86 | 22.55 | 23.34 | 24.03 | 24.82 | 25.51 |
| Camarilla | 22.82 | 22.96 | 23.09 | 23.23 | 23.37 | 23.50 | 23.64 |
| Woodie | 21.01 | 21.84 | 22.49 | 23.32 | 23.97 | 24.80 | 25.45 |
| Fibonacci | 21.86 | 22.43 | 22.78 | 23.34 | 23.91 | 24.26 | 24.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.82 | 20.38 | 21.94 | 24.50 | 26.06 | 28.62 | 30.18 |
| Camarilla | 22.36 | 22.74 | 23.11 | 23.49 | 23.87 | 24.25 | 24.62 |
| Woodie | 17.31 | 20.13 | 21.43 | 24.25 | 25.55 | 28.37 | 29.67 |
| Fibonacci | 20.38 | 21.96 | 22.93 | 24.50 | 26.08 | 27.05 | 28.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.98 | 15.03 | 19.26 | 23.31 | 27.54 | 31.59 | 35.82 |
| Camarilla | 21.21 | 21.97 | 22.73 | 23.49 | 24.25 | 25.01 | 25.77 |
| Woodie | 11.07 | 15.08 | 19.35 | 23.36 | 27.63 | 31.64 | 35.91 |
| Fibonacci | 15.03 | 18.19 | 20.15 | 23.31 | 26.47 | 28.43 | 31.59 |
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): | 45.18 | |
| MACD (12,26,9): | -0.1800 | |
| Directional Movement: | -13.04 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 23.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 22.66 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 23.49 | |
| Zig ZAG (10): | 23.19 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 44.00 | |
| TEMA (21): | 22.96 | |
| Williams %R (14): | -35.37 | |
| Chande Momentum Oscillator (20): | 0.08 | |
| Repulse (5,40,3): | 1.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 3.82 |
| MA7: | 23.63 | |
| MA20: | 24.61 | |
| MA50: | 25.06 | |
| MA100: | 25.40 | |
| MAexp7: | 23.09 | |
| MAexp20: | 23.26 | |
| MAexp50: | 23.51 | |
| MAexp100: | 23.65 | |
| Price / MA7: | -1.74% | |
| Price / MA20: | -5.65% | |
| Price / MA50: | -7.34% | |
| Price / MA100: | -8.58% | |
| Price / MAexp7: | +0.56% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -1.23% | |
| Price / MAexp100: | -1.82% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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