KOMODO - KMD/USDT - 1H - Technical analysis published on 10/22/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.554400 USDT
My targets
0.549182 USDT (-0.60%)
0.510000 USDT (-7.69%)
My analysis
The basic trend is currently slightly bearish on KOMODO - KMD/USDT and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 0.554400 USDT, sales could be favoured. The first bearish objective would be located at 0.549182 USDT. Sellers would then use the next support located at 0.510000 USDT as an objective. A return to above the resistance at 0.554400 USDT could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
2.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The KOMODO - KMD/USDT price is 0.552500 USDT. The price is lower by -0.45% since the last closing and was between 0.551200 USDT and 0.562800 USDT. This implies that the price is at +0.24% from its lowest and at -1.83% from its highest.0.551200
0.562800
0.552500
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of KOMODO - KMD/USDT in 1H shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.510000 | 0.549182 | 0.552500 | 0.554400 | 0.568500 | 0.580200 |
| Change (%) | -7.69% | -0.60% | - | +0.34% | +2.90% | +5.01% |
| Change | -0.042500 | -0.003318 | - | +0.001900 | +0.016000 | +0.027700 |
| Level | Intermediate | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.531767 | 0.539133 | 0.547067 | 0.554433 | 0.562367 | 0.569733 | 0.577667 |
| Camarilla | 0.550793 | 0.552195 | 0.553598 | 0.555000 | 0.556403 | 0.557805 | 0.559208 |
| Woodie | 0.532050 | 0.539275 | 0.547350 | 0.554575 | 0.562650 | 0.569875 | 0.577950 |
| Fibonacci | 0.539133 | 0.544978 | 0.548589 | 0.554433 | 0.560278 | 0.563889 | 0.569733 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.463167 | 0.504233 | 0.529367 | 0.570433 | 0.595567 | 0.636633 | 0.661767 |
| Camarilla | 0.536295 | 0.542363 | 0.548432 | 0.554500 | 0.560568 | 0.566637 | 0.572705 |
| Woodie | 0.455200 | 0.500250 | 0.521400 | 0.566450 | 0.587600 | 0.632650 | 0.653800 |
| Fibonacci | 0.504233 | 0.529522 | 0.545145 | 0.570433 | 0.595722 | 0.611345 | 0.636633 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.192100 | 0.355600 | 0.473000 | 0.636500 | 0.753900 | 0.917400 | 1.034800 |
| Camarilla | 0.513153 | 0.538902 | 0.564651 | 0.590400 | 0.616149 | 0.641898 | 0.667648 |
| Woodie | 0.169050 | 0.344075 | 0.449950 | 0.624975 | 0.730850 | 0.905875 | 1.011750 |
| Fibonacci | 0.355600 | 0.462904 | 0.529196 | 0.636500 | 0.743804 | 0.810096 | 0.917400 |
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): | 49.84 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 2.464363 | |
| AROON (14): | 78.571430 | |
| DEMA (21): | 0.558128 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.551673 | |
| Elder Ray (13): | 0.000049 | |
| Super Trend (3,10): | 0.562319 | |
| Zig ZAG (10): | 0.557600 | |
| VORTEX (21): | 1.0299 | |
| Stochastique (14,3,5): | 64.10 | |
| TEMA (21): | 0.557884 | |
| Williams %R (14): | -63.46 | |
| Chande Momentum Oscillator (20): | 0.000800 | |
| Repulse (5,40,3): | -0.1787 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0170 | |
| Courbe Coppock: | 0.33 |
| MA7: | 0.558586 | |
| MA20: | 0.588190 | |
| MA50: | 0.632228 | |
| MA100: | 0.789992 | |
| MAexp7: | 0.557276 | |
| MAexp20: | 0.557089 | |
| MAexp50: | 0.556296 | |
| MAexp100: | 0.558918 | |
| Price / MA7: | -1.09% | |
| Price / MA20: | -6.07% | |
| Price / MA50: | -12.61% | |
| Price / MA100: | -30.06% | |
| Price / MAexp7: | -0.86% | |
| Price / MAexp20: | -0.82% | |
| Price / MAexp50: | -0.68% | |
| Price / MAexp100: | -1.15% |
This member declared not having a position on this financial instrument or a related financial instrument.
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