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DASH Analysis tests overbought zone; 7 levels to watch this week

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8 hour ago

DASH Analysis tests overbought zone; 7 levels to watch this week

DASH Analysis tests overbought zone; 7 levels to watch this week Summary In summary Multi-timeframe analysis DASH Analysis — D1 overview DASH Analysis — H1 intraday DASH Analysis — M15 micro-structure Key levels Trading scenarios Bullish scenario Bearish scenario Neutral scenario Market context Ecosystem (DeFi or chain) Disclaimer In summary D1 trend is bullish, but price sits above the upper band. Intraday momentum softens as RSI slips below 50 on H1. DASH Analysis points to overextension with risk of mean reversion. Market risk tone is cautious: Fear and high Bitcoin dominance. Multi-timeframe analysis DASH Analysis — D1 overview Trend On the daily chart, DASH closes at 81.21, well above the 20/50/200 EMAs (53.78/42.31/30.27). This shows strong trend control by buyers, though distance from EMAs signals extension. RSI RSI(14) sits at 72.98. That is an overbought zone, suggesting upside persists but a pullback or pause could emerge if momentum cools. MACD MACD line at 9.65 above signal 5.88; histogram 3.77 is positive. Momentum remains constructive, implying buyers still press their advantage for now. Bollinger Bands center at 50.54 with the upper at 77.72 and lower at 23.37; price above the upper band indicates a breakout but also overextension that often mean-reverts. ATR ATR(14) at 9.61 indicates elevated volatility. Risk control matters; swings can be wider than usual around key levels. Pivot Daily pivot at 85.56 (PP), R1 at 91.55, and S1 at 75.21. Trading below PP turns it into resistance; S1 is first deeper pullback support. DASH Analysis — H1 intraday Bias On H1, price at 81.21 sits below EMA20 (85.92) but above EMA50 (79.74) and EMA200 (60.84). This tilts intraday bias neutral-to-cautious while the D1 trend stays bullish. RSI RSI(14) is 43.44, below 50. Sellers have near-term initiative, and buyers look hesitant until momentum reclaims neutral territory. MACD MACD line 0.58 is below signal 2.20; histogram -1.62. Short-term momentum is fading, favoring consolidation or dips unless reclaimed. Bollinger Mid-band at 87.81 with lower at 81.77; price hovers near the lower band, hinting at pressure but also scope for small bounces. ATR ATR(14) reads 4.82. Volatility is moderate intraday; levels can be tested quickly during sessions. Pivot H1 pivot at 82.05, R1 at 84.54, S1 at 78.72. A move through these reference points could steer the next impulse. DASH Analysis — M15 micro-structure Structure On M15, price 81.22 is below EMA20 (84.36) and EMA50 (86.18), but above EMA200 (79.79). Micro-trend leans weak, with 79.79 as tactical support. RSI RSI(14) at 36.46 signals downside bias. Momentum feels fragile, so rallies might stall near intraday resistance. MACD MACD line -1.55 below signal -1.21; histogram -0.34. Bearish momentum is present, though not extreme. Bollinger Mid 85.02, lower 80.57; price trades near the lower band, showing compression that can precede a rebound or a breakdown. ATR ATR(14) at 2.04 suggests tight micro swings; breakouts can accelerate once range edges give way. Synthesis D1 is bullish but overextended, while H1 and M15 lean soft. The overall tone is cautiously constructive, with risk of mean reversion before trend continuation. Key levels Seven reference points to watch are listed below. Level Type Bias/Note 91.55 Pivot R1 (D1) Upside extension target if momentum holds. 85.56 Pivot PP (D1) Near-term resistance while below; reclaim to confirm strength. 77.72 Bollinger Upper (D1) Potential support on pullback/mean reversion. 75.21 Pivot S1 (D1) First deeper support if selling accelerates. 53.78 EMA20 (D1) Primary dynamic trend support; distance shows extension. 42.31 EMA50 (D1) Secondary trend support on larger retrace. 30.27 EMA200 (D1) Long-term trend floor. Trading scenarios Bullish scenario Trigger: An H1 close above 84.54 (R1) and push toward 85.56 (PP) could invite follow-through. Target: 85.56 first, then 91.55 if buyers keep control. Invalidation: A drop below 79.74 (H1 EMA50) weakens the setup. Risk: Consider stops around 0.5–1.0× ATR; D1 ATR 9.61, H1 ATR 4.82. Bearish scenario Trigger: Failure below 84.54 and a break under 82.05 (pivot) could open 78.72, then 75.21. Target: 78.72 first, 75.21 if momentum extends. Invalidation: Reclaiming 85.56 would negate near-term downside. Risk: Stops near 0.5–0.8× H1 ATR 4.82 to reflect intraday volatility. Neutral scenario Trigger: Range conditions between 78.72 and 84.54. Target: 82.05 mid-range reactions until a break decides direction. Invalidation: A sustained move outside the range shifts bias to breakout. Risk: Use tighter sizing with M15 ATR 2.04; range trades can chop. Market context Backdrop Total crypto market cap is 3,675,511,895,881.81 USD, down 3.46% in 24h. Bitcoin dominance stands at 58.20%. Fear & Greed Index shows 42 (Fear). Implication A cautious backdrop with high Bitcoin dominance and Fear sentiment usually weighs on altcoins like DASH, favoring selective, level-driven approaches. Ecosystem (DeFi or chain) DEX Fees show mixed signals: Uniswap V3 +18.57% (1d), Fluid DEX +13.53%, Uniswap V4 +7.81%, Curve DEX -32.71%, while Uniswap V2 is -6.83% (1d) but +369% over 30d. Read Mixed fees suggest selective participation across DeFi platforms. Disclaimer This analysis is for informational purposes only and does not constitute financial advice. #NFA #DYOR cryptocurrency market cap

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