DASH - DASH/USDT - 1H - Technical analysis published on 11/06/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 30.27 USDT
My targets
32.73 USDT (+6.35%)
33.50 USDT (+8.84%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DASH - DASH/USDT as long as the price remains well above 30.27 USDT. The buyers' bullish objective is set at 32.73 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.50 USDT. If there is any crossing, the next objective would be the resistance located at 44.50 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DASH - DASH/USDT price is 30.78 USDT. The price registered an increase of +1.18% on the session with the lowest point at 30.24 USDT and the highest point at 30.99 USDT. The deviation from the price is +1.79% for the low point and -0.68% for the high point.30.24
30.99
30.78
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on DASH - DASH/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of DASH - DASH/USDT indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 29.08 | 29.47 | 30.27 | 30.78 | 30.94 | 33.50 | 44.50 |
| Change (%) | -5.52% | -4.26% | -1.66% | - | +0.52% | +8.84% | +44.57% |
| Change | -1.70 | -1.31 | -0.51 | - | +0.16 | +2.72 | +13.72 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 28.83 | 29.25 | 29.84 | 30.26 | 30.85 | 31.27 | 31.86 |
| Camarilla | 30.14 | 30.24 | 30.33 | 30.42 | 30.51 | 30.61 | 30.70 |
| Woodie | 28.91 | 29.29 | 29.92 | 30.30 | 30.93 | 31.31 | 31.94 |
| Fibonacci | 29.25 | 29.64 | 29.88 | 30.26 | 30.65 | 30.89 | 31.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.78 | 26.23 | 28.03 | 29.48 | 31.28 | 32.73 | 34.53 |
| Camarilla | 28.93 | 29.22 | 29.52 | 29.82 | 30.12 | 30.42 | 30.71 |
| Woodie | 24.95 | 26.32 | 28.20 | 29.57 | 31.45 | 32.82 | 34.70 |
| Fibonacci | 26.23 | 27.48 | 28.24 | 29.48 | 30.73 | 31.49 | 32.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.98 | 21.69 | 25.52 | 28.23 | 32.06 | 34.77 | 38.60 |
| Camarilla | 27.55 | 28.15 | 28.75 | 29.35 | 29.95 | 30.55 | 31.15 |
| Woodie | 19.54 | 21.97 | 26.08 | 28.51 | 32.62 | 35.05 | 39.16 |
| Fibonacci | 21.69 | 24.19 | 25.73 | 28.23 | 30.73 | 32.27 | 34.77 |
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): | 57.39 | |
| MACD (12,26,9): | 0.2100 | |
| Directional Movement: | 10.60 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 30.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.37 | |
| Elder Ray (13): | 0.21 | |
| Super Trend (3,10): | 29.85 | |
| Zig ZAG (10): | 30.69 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 90.38 | |
| TEMA (21): | 30.80 | |
| Williams %R (14): | -24.92 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 2.89 |
| MA7: | 29.68 | |
| MA20: | 28.03 | |
| MA50: | 27.08 | |
| MA100: | 27.62 | |
| MAexp7: | 30.74 | |
| MAexp20: | 30.52 | |
| MAexp50: | 30.12 | |
| MAexp100: | 29.72 | |
| Price / MA7: | +3.71% | |
| Price / MA20: | +9.81% | |
| Price / MA50: | +13.66% | |
| Price / MA100: | +11.44% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.85% | |
| Price / MAexp50: | +2.19% | |
| Price / MAexp100: | +3.57% |
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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