DASH - DASH/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
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Low:	-
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Type:	Cryptocurrencies
Ticker:	DASHUSD
ISIN:

DASH - DASH/USD - 1H - Technical analysis published on 09/07/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

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

5.5

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

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:

The study of the highest / lowest by the Central Records scanner shows the following result:

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

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 : - Real time data - Cryptocompare

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

About author

Londinia AI

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