DASH - DASH/USDT - 15 min. - Technical analysis published on 11/07/2023 (GMT)
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- Timeframe : 15 min.
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 30.88 USDT
My targets
31.51 USDT (+1.07%)
31.96 USDT (+2.49%)
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 30.88 USDT. The buyers' bullish objective is set at 31.51 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 31.96 USDT. If there is any crossing, the next objective would be the resistance located at 32.59 USDT.
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
6.3
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This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DASH - DASH/USDT rating 31.18 USDT. The price has increased by +0.35% since the last closing and was between 30.03 USDT and 31.87 USDT. This implies that the price is at +3.83% from its lowest and at -2.17% from its highest.30.03
31.87
31.18
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 15 min. of this DASH - DASH/USDT chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 29.15 | 30.69 | 30.94 | 31.18 | 33.50 | 40.91 | 44.50 |
| Change (%) | -6.51% | -1.57% | -0.77% | - | +7.44% | +31.21% | +42.72% |
| Change | -2.03 | -0.49 | -0.24 | - | +2.32 | +9.73 | +13.32 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | 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 | 29.35 | 29.80 | 30.43 | 30.88 | 31.51 | 31.96 | 32.59 |
| Camarilla | 30.77 | 30.87 | 30.97 | 31.07 | 31.17 | 31.27 | 31.37 |
| Woodie | 29.45 | 29.85 | 30.53 | 30.93 | 31.61 | 32.01 | 32.69 |
| Fibonacci | 29.80 | 30.21 | 30.46 | 30.88 | 31.29 | 31.54 | 31.96 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.35 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 4.60 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 30.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.63 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 30.54 | |
| Zig ZAG (10): | 31.17 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 80.48 | |
| TEMA (21): | 31.08 | |
| Williams %R (14): | -8.37 | |
| Chande Momentum Oscillator (20): | 0.68 | |
| Repulse (5,40,3): | 0.7500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 3.56 |
| MA7: | 30.01 | |
| MA20: | 28.37 | |
| MA50: | 27.19 | |
| MA100: | 27.61 | |
| MAexp7: | 31.03 | |
| MAexp20: | 30.92 | |
| MAexp50: | 30.93 | |
| MAexp100: | 30.88 | |
| Price / MA7: | +3.90% | |
| Price / MA20: | +9.90% | |
| Price / MA50: | +14.67% | |
| Price / MA100: | +12.93% | |
| Price / MAexp7: | +0.48% | |
| Price / MAexp20: | +0.84% | |
| Price / MAexp50: | +0.81% | |
| Price / MAexp100: | +0.97% |
Quotes :
-
Real time data
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