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 10/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

61%

33%

My opinion

Bearish under 23.45 USD

My targets

22.63 USD (-2.58%)

22.00 USD (-5.29%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DASH - DASH/USD. As long as you are under the resistance located at 23.45 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 22.63 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 22.00 USD as an objective. If the resistance 23.45 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

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

The DASH - DASH/USD price is 23.23 USD. The price is lower by -0.13% since the last closing and was between 23.16 USD and 23.36 USD. This implies that the price is at +0.30% from its lowest and at -0.56% from its highest.

23.16

23.36

23.23

A study of price movements over other periods shows the following variations:

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 bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	22.00	22.63	23.18	23.23	23.45	23.72	23.93
Change (%)	-5.29%	-2.58%	-0.22%	-	+0.95%	+2.11%	+3.01%
Change	-1.23	-0.60	-0.05	-	+0.22	+0.49	+0.70
Level	Intermediate	Intermediate	Minor	-	Minor	Minor	Intermediate

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	21.96	22.29	22.78	23.11	23.60	23.93	24.42
Camarilla	23.04	23.11	23.19	23.26	23.34	23.41	23.49
Woodie	22.03	22.33	22.85	23.15	23.67	23.97	24.49
Fibonacci	22.29	22.61	22.80	23.11	23.43	23.62	23.93

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.40	22.87	23.52	23.99	24.64	25.11	25.76
Camarilla	23.85	23.96	24.06	24.16	24.26	24.37	24.47
Woodie	22.48	22.92	23.60	24.04	24.72	25.16	25.84
Fibonacci	22.87	23.30	23.57	23.99	24.42	24.69	25.11

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.42	20.53	22.47	24.58	26.52	28.63	30.57
Camarilla	23.29	23.66	24.03	24.40	24.77	25.14	25.51
Woodie	18.33	20.49	22.38	24.54	26.43	28.59	30.48
Fibonacci	20.53	22.08	23.04	24.58	26.13	27.09	28.63

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):	57.78
MACD (12,26,9):	-0.0100
Directional Movement:	-1.12
AROON (14):	28.57
DEMA (21):	23.11
Parabolic SAR (0,02-0,02-0,2):	22.81
Elder Ray (13):	0.18
Super Trend (3,10):	22.98
Zig ZAG (10):	23.34
VORTEX (21):	1.0100
Stochastique (14,3,5):	88.00
TEMA (21):	23.20
Williams %R (14):	-17.33
Chande Momentum Oscillator (20):	0.20
Repulse (5,40,3):	0.1700
ROCnROLL:	-1
TRIX (15,9):	-0.0500
Courbe Coppock:	1.32

MA7:	23.77
MA20:	23.63
MA50:	24.14
MA100:	24.82
MAexp7:	23.21
MAexp20:	23.17
MAexp50:	23.35
MAexp100:	23.58
Price / MA7:	-2.27%
Price / MA20:	-1.69%
Price / MA50:	-3.77%
Price / MA100:	-6.41%
Price / MAexp7:	+0.09%
Price / MAexp20:	+0.26%
Price / MAexp50:	-0.51%
Price / MAexp100:	-1.48%

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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Londinia AI

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