GNOSIS - GNO/USD - 1H - Technical analysis published on 01/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 212.14 USD
My targets
216.79 USD (+1.51%)
230.59 USD (+7.98%)
My analysis
The bullish trend is currently very strong on GNOSIS - GNO/USD. As long as the price remains above the support at 212.14 USD, you could try to benefit from the boom. The first bullish objective is located at 216.79 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 230.59 USD as an objective. Crossing it would then enable buyers to target 242.11 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GNOSIS - GNO/USD rating 213.56 USD. The price has increased by +1.46% since the last closing and was traded between 209.99 USD and 213.69 USD over the period. The price is currently at +1.70% from its lowest and -0.06% from its highest.209.99
213.69
213.56
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GNOSIS - GNO/USD chart shows a strongly bullish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 202.71 | 208.93 | 212.14 | 213.56 | 214.72 | 216.79 | 242.11 |
| Change (%) | -5.08% | -2.17% | -0.66% | - | +0.54% | +1.51% | +13.37% |
| Change | -10.85 | -4.63 | -1.42 | - | +1.16 | +3.23 | +28.55 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 192.82 | 197.02 | 203.75 | 207.95 | 214.68 | 218.88 | 225.61 |
| Camarilla | 207.48 | 208.49 | 209.49 | 210.49 | 211.49 | 212.49 | 213.50 |
| Woodie | 194.10 | 197.65 | 205.03 | 208.58 | 215.96 | 219.51 | 226.89 |
| Fibonacci | 197.02 | 201.19 | 203.77 | 207.95 | 212.12 | 214.70 | 218.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 184.85 | 193.75 | 203.27 | 212.17 | 221.69 | 230.59 | 240.11 |
| Camarilla | 207.72 | 209.40 | 211.09 | 212.78 | 214.47 | 216.16 | 217.85 |
| Woodie | 185.15 | 193.91 | 203.57 | 212.33 | 221.99 | 230.75 | 240.41 |
| Fibonacci | 193.75 | 200.79 | 205.14 | 212.17 | 219.21 | 223.56 | 230.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.78 | 124.15 | 159.57 | 221.94 | 257.36 | 319.73 | 355.15 |
| Camarilla | 168.11 | 177.07 | 186.04 | 195.00 | 203.96 | 212.93 | 221.89 |
| Woodie | 48.32 | 117.41 | 146.11 | 215.20 | 243.90 | 312.99 | 341.69 |
| Fibonacci | 124.15 | 161.50 | 184.58 | 221.94 | 259.29 | 282.37 | 319.73 |
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): | 69.65 | |
| MACD (12,26,9): | 1.9600 | |
| Directional Movement: | 8.71 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 212.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 210.48 | |
| Elder Ray (13): | 1.40 | |
| Super Trend (3,10): | 206.53 | |
| Zig ZAG (10): | 211.99 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 84.54 | |
| TEMA (21): | 213.24 | |
| Williams %R (14): | -33.43 | |
| Chande Momentum Oscillator (20): | 0.84 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 2.72 |
| MA7: | 206.30 | |
| MA20: | 206.37 | |
| MA50: | 205.44 | |
| MA100: | 181.32 | |
| MAexp7: | 212.21 | |
| MAexp20: | 210.32 | |
| MAexp50: | 207.47 | |
| MAexp100: | 205.94 | |
| Price / MA7: | +3.52% | |
| Price / MA20: | +3.48% | |
| Price / MA50: | +3.95% | |
| Price / MA100: | +17.78% | |
| Price / MAexp7: | +0.64% | |
| Price / MAexp20: | +1.54% | |
| Price / MAexp50: | +2.94% | |
| Price / MAexp100: | +3.70% |
Quotes :
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Real time data
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