DECRED - DCR/USDT - 1H - Technical analysis published on 11/28/2019 (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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 17.94 USDT
My targets
18.78 USDT (+1.19%)
19.58 USDT (+5.50%)
My analysis
DECRED - DCR/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 17.94 USDT. The next resistance located at 18.78 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 19.58 USDT. After this resistance, buyers could then target 20.55 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DECRED - DCR/USDT rating 18.56 USDT. The price has increased by +1.92% since the last closing and was between 18.12 USDT and 18.88 USDT. This implies that the price is at +2.43% from its lowest and at -1.69% from its highest.18.12
18.88
18.56
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this DECRED - DCR/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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 | 15.67 | 16.82 | 17.94 | 18.56 | 18.78 | 19.58 | 20.55 |
| Change (%) | -15.57% | -9.38% | -3.34% | - | +1.19% | +5.50% | +10.72% |
| Change | -2.89 | -1.74 | -0.62 | - | +0.22 | +1.02 | +1.99 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | 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 | 14.70 | 15.67 | 16.94 | 17.91 | 19.18 | 20.15 | 21.42 |
| Camarilla | 17.59 | 17.80 | 18.01 | 18.21 | 18.42 | 18.62 | 18.83 |
| Woodie | 14.85 | 15.75 | 17.09 | 17.99 | 19.33 | 20.23 | 21.57 |
| Fibonacci | 15.67 | 16.53 | 17.05 | 17.91 | 18.77 | 19.29 | 20.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.14 | 11.40 | 15.16 | 19.42 | 23.18 | 27.44 | 31.20 |
| Camarilla | 16.70 | 17.44 | 18.18 | 18.91 | 19.65 | 20.38 | 21.12 |
| Woodie | 6.88 | 11.28 | 14.90 | 19.30 | 22.92 | 27.32 | 30.94 |
| Fibonacci | 11.40 | 14.47 | 16.36 | 19.42 | 22.49 | 24.38 | 27.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.73 | 10.20 | 12.95 | 15.42 | 18.17 | 20.64 | 23.39 |
| Camarilla | 14.27 | 14.74 | 15.22 | 15.70 | 16.18 | 16.66 | 17.14 |
| Woodie | 7.87 | 10.27 | 13.09 | 15.49 | 18.31 | 20.71 | 23.53 |
| Fibonacci | 10.20 | 12.19 | 13.43 | 15.42 | 17.41 | 18.65 | 20.64 |
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): | 57.35 | |
| MACD (12,26,9): | 0.2200 | |
| Directional Movement: | 7.66 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 18.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.84 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 17.56 | |
| Zig ZAG (10): | 18.40 | |
| VORTEX (21): | 1.2200 | |
| Stochastique (14,3,5): | 32.89 | |
| TEMA (21): | 18.54 | |
| Williams %R (14): | -60.53 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 2.13 |
| MA7: | 17.95 | |
| MA20: | 20.33 | |
| MA50: | 17.94 | |
| MA100: | 19.75 | |
| MAexp7: | 18.38 | |
| MAexp20: | 18.22 | |
| MAexp50: | 17.83 | |
| MAexp100: | 17.75 | |
| Price / MA7: | +3.40% | |
| Price / MA20: | -8.71% | |
| Price / MA50: | +3.46% | |
| Price / MA100: | -6.03% | |
| Price / MAexp7: | +0.98% | |
| Price / MAexp20: | +1.87% | |
| Price / MAexp50: | +4.09% | |
| Price / MAexp100: | +4.56% |
This member declared not having a position on this financial instrument or a related financial instrument.
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