DECRED - DCR/USD - 1H - Technical analysis published on 09/26/2023 (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:
Neutral
Underlying:
Bullish
Technical indicators
39%
33%
28%
My opinion
Bullish above 13.24 USD
My targets
13.62 USD (+1.19%)
14.03 USD (+4.23%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 13.24 USD remains possible. It is advisable to trade DECRED - DCR/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 13.24 USD. The next bullish objective for buyers is set at 13.62 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14.03 USD. If there is any crossing, the next objective would be the resistance located at 15.02 USD. PS: if there is a bearish break in the support located at 13.24 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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Additional analysis
Quotes
The DECRED - DCR/USD price is 13.46 USD. The price is lower by -0.07% since the last closing and was traded between 13.30 USD and 13.83 USD over the period. The price is currently at +1.20% from its lowest and -2.68% from its highest.13.30
13.83
13.46
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DECRED - DCR/USD:
Technical
A technical analysis in 1H of this DECRED - DCR/USD chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
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 on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.41 | 12.94 | 13.24 | 13.46 | 13.62 | 14.03 | 15.02 |
| Change (%) | -7.80% | -3.86% | -1.63% | - | +1.19% | +4.23% | +11.59% |
| Change | -1.05 | -0.52 | -0.22 | - | +0.16 | +0.57 | +1.56 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 12.26 | 12.72 | 13.10 | 13.56 | 13.94 | 14.40 | 14.78 |
| Camarilla | 13.24 | 13.32 | 13.39 | 13.47 | 13.55 | 13.62 | 13.70 |
| Woodie | 12.21 | 12.70 | 13.05 | 13.54 | 13.89 | 14.38 | 14.73 |
| Fibonacci | 12.72 | 13.04 | 13.24 | 13.56 | 13.88 | 14.08 | 14.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.98 | 12.45 | 12.77 | 13.24 | 13.56 | 14.03 | 14.35 |
| Camarilla | 12.86 | 12.94 | 13.01 | 13.08 | 13.15 | 13.23 | 13.30 |
| Woodie | 11.90 | 12.41 | 12.69 | 13.20 | 13.48 | 13.99 | 14.27 |
| Fibonacci | 12.45 | 12.76 | 12.94 | 13.24 | 13.55 | 13.73 | 14.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.59 | 8.04 | 10.59 | 13.04 | 15.59 | 18.04 | 20.59 |
| Camarilla | 11.76 | 12.21 | 12.67 | 13.13 | 13.59 | 14.05 | 14.51 |
| Woodie | 5.63 | 8.07 | 10.63 | 13.07 | 15.63 | 18.07 | 20.63 |
| Fibonacci | 8.04 | 9.95 | 11.13 | 13.04 | 14.95 | 16.13 | 18.04 |
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): | 50.11 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 22.93 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 13.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.84 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 13.17 | |
| Zig ZAG (10): | 13.52 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 40.25 | |
| TEMA (21): | 13.51 | |
| Williams %R (14): | -58.49 | |
| Chande Momentum Oscillator (20): | 0.11 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.10 |
| MA7: | 13.32 | |
| MA20: | 13.19 | |
| MA50: | 13.41 | |
| MA100: | 14.23 | |
| MAexp7: | 13.52 | |
| MAexp20: | 13.51 | |
| MAexp50: | 13.44 | |
| MAexp100: | 13.37 | |
| Price / MA7: | +1.05% | |
| Price / MA20: | +2.05% | |
| Price / MA50: | +0.37% | |
| Price / MA100: | -5.41% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | -0.37% | |
| Price / MAexp50: | +0.15% | |
| Price / MAexp100: | +0.67% |
Quotes :
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Real time data
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