CARTESI - CTSI/USD - 1H - Technical analysis published on 05/01/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.226357 USD
My targets
0.244239 USD (+2.84%)
0.253000 USD (+6.53%)
My analysis
CARTESI - CTSI/USD 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 0.226357 USD. The next resistance located at 0.244239 USD is the next bullish target 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 0.253000 USD. After this resistance, buyers could then target 0.274400 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CARTESI - CTSI/USD rating 0.237500 USD. The price has increased by +1.41% since the last closing with the lowest point at 0.227500 USD and the highest point at 0.238900 USD. The deviation from the price is +4.40% for the low point and -0.59% for the high point.0.227500
0.238900
0.237500
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARTESI - CTSI/USD:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this CARTESI - CTSI/USD chart shows a bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted
Black gravestone / inverted hammer
Type : Bearish
Timeframe : 1 hour
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.191400 | 0.218600 | 0.226357 | 0.237500 | 0.244239 | 0.274400 | 0.287500 |
| Change (%) | -19.41% | -7.96% | -4.69% | - | +2.84% | +15.54% | +21.05% |
| Change | -0.046100 | -0.018900 | -0.011143 | - | +0.006739 | +0.036900 | +0.050000 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Minor |
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 | 0.187833 | 0.200267 | 0.217233 | 0.229667 | 0.246633 | 0.259067 | 0.276033 |
| Camarilla | 0.226115 | 0.228810 | 0.231505 | 0.234200 | 0.236895 | 0.239590 | 0.242285 |
| Woodie | 0.190100 | 0.201400 | 0.219500 | 0.230800 | 0.248900 | 0.260200 | 0.278300 |
| Fibonacci | 0.200267 | 0.211498 | 0.218436 | 0.229667 | 0.240898 | 0.247836 | 0.259067 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.154400 | 0.185300 | 0.203700 | 0.234600 | 0.253000 | 0.283900 | 0.302300 |
| Camarilla | 0.208543 | 0.213062 | 0.217581 | 0.222100 | 0.226619 | 0.231138 | 0.235658 |
| Woodie | 0.148150 | 0.182175 | 0.197450 | 0.231475 | 0.246750 | 0.280775 | 0.296050 |
| Fibonacci | 0.185300 | 0.204133 | 0.215767 | 0.234600 | 0.253433 | 0.265067 | 0.283900 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.092000 | 0.021800 | 0.128000 | 0.241800 | 0.348000 | 0.461800 | 0.568000 |
| Camarilla | 0.173700 | 0.193867 | 0.214033 | 0.234200 | 0.254367 | 0.274533 | 0.294700 |
| Woodie | -0.095800 | 0.019900 | 0.124200 | 0.239900 | 0.344200 | 0.459900 | 0.564200 |
| Fibonacci | 0.021800 | 0.105840 | 0.157760 | 0.241800 | 0.325840 | 0.377760 | 0.461800 |
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): | 64.12 | |
| MACD (12,26,9): | 0.0039 | |
| Directional Movement: | 16.412943 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.232081 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.226691 | |
| Elder Ray (13): | 0.005896 | |
| Super Trend (3,10): | 0.221648 | |
| Zig ZAG (10): | 0.234900 | |
| VORTEX (21): | 1.1529 | |
| Stochastique (14,3,5): | 70.09 | |
| TEMA (21): | 0.235631 | |
| Williams %R (14): | -25.34 | |
| Chande Momentum Oscillator (20): | 0.015600 | |
| Repulse (5,40,3): | 1.4914 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1823 | |
| Courbe Coppock: | 15.05 |
| MA7: | 0.234757 | |
| MA20: | 0.234665 | |
| MA50: | 0.181656 | |
| MA100: | 0.166316 | |
| MAexp7: | 0.232238 | |
| MAexp20: | 0.227757 | |
| MAexp50: | 0.225317 | |
| MAexp100: | 0.228394 | |
| Price / MA7: | +1.17% | |
| Price / MA20: | +1.21% | |
| Price / MA50: | +30.74% | |
| Price / MA100: | +42.80% | |
| Price / MAexp7: | +2.27% | |
| Price / MAexp20: | +4.28% | |
| Price / MAexp50: | +5.41% | |
| Price / MAexp100: | +3.99% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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