STATUS - SNT/USD - Daily - Technical analysis published on 01/21/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.023906 USD
My targets
0.028635 USD (+7.37%)
0.032760 USD (+22.84%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on STATUS NETWORK TOKEN - SNT/USD. This is a positive signal for buyers. As long as the price remains above 0.023906 USD, a purchase could be considered. The first bullish objective is located at 0.028635 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.032760 USD as an objective. Crossing it would then enable buyers to target 0.035312 USD. In the event of a return below 0.023906 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
6.6
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Additional analysis
Quotes
STATUS NETWORK TOKEN - SNT/USD rating 0.026669 USD. The price has increased by +4.22% since the last closing and was traded between 0.025411 USD and 0.026880 USD over the period. The price is currently at +4.95% from its lowest and -0.78% from its highest.0.025411
0.026880
0.026669
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of STATUS NETWORK TOKEN - SNT/USD indicates that the overall trend is bullish. 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.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.019994 | 0.021388 | 0.023906 | 0.026669 | 0.026972 | 0.028635 | 0.032760 |
Change (%) | -25.03% | -19.80% | -10.36% | - | +1.14% | +7.37% | +22.84% |
Change | -0.006675 | -0.005281 | -0.002763 | - | +0.000303 | +0.001966 | +0.006091 |
Level | Intermediate | Major | Major | - | Intermediate | 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 | 0.021905 | 0.022937 | 0.024264 | 0.025296 | 0.026623 | 0.027655 | 0.028982 |
Camarilla | 0.024941 | 0.025158 | 0.025374 | 0.025590 | 0.025806 | 0.026023 | 0.026239 |
Woodie | 0.022052 | 0.023011 | 0.024411 | 0.025370 | 0.026770 | 0.027729 | 0.029129 |
Fibonacci | 0.022937 | 0.023839 | 0.024395 | 0.025296 | 0.026198 | 0.026754 | 0.027655 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.015851 | 0.017569 | 0.020733 | 0.022451 | 0.025615 | 0.027333 | 0.030497 |
Camarilla | 0.022556 | 0.023003 | 0.023451 | 0.023898 | 0.024346 | 0.024793 | 0.025241 |
Woodie | 0.016575 | 0.017931 | 0.021457 | 0.022813 | 0.026339 | 0.027695 | 0.031221 |
Fibonacci | 0.017569 | 0.019434 | 0.020586 | 0.022451 | 0.024316 | 0.025468 | 0.027333 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.000243 | 0.008219 | 0.013364 | 0.021340 | 0.026485 | 0.034461 | 0.039606 |
Camarilla | 0.014902 | 0.016105 | 0.017307 | 0.018510 | 0.019713 | 0.020916 | 0.022118 |
Woodie | -0.001172 | 0.007511 | 0.011950 | 0.020632 | 0.025071 | 0.033753 | 0.038192 |
Fibonacci | 0.008219 | 0.013231 | 0.016327 | 0.021340 | 0.026352 | 0.029448 | 0.034461 |
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): | 71.83 | |
MACD (12,26,9): | 0.0013 | |
Directional Movement: | 22.309157 | |
AROON (14): | 92.857143 | |
DEMA (21): | 0.024311 | |
Parabolic SAR (0,02-0,02-0,2): | 0.017134 | |
Elder Ray (13): | 0.002145 | |
Super Trend (3,10): | 0.020429 | |
Zig ZAG (10): | 0.025777 | |
VORTEX (21): | 1.2223 | |
Stochastique (14,3,5): | 91.42 | |
TEMA (21): | 0.025660 | |
Williams %R (14): | -4.80 | |
Chande Momentum Oscillator (20): | 0.005021 | |
Repulse (5,40,3): | 8.0593 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.5376 | |
Courbe Coppock: | 51.54 |
MA7: | 0.024737 | |
MA20: | 0.022111 | |
MA50: | 0.021636 | |
MA100: | 0.023436 | |
MAexp7: | 0.024719 | |
MAexp20: | 0.022956 | |
MAexp50: | 0.022344 | |
MAexp100: | 0.023540 | |
Price / MA7: | +7.81% | |
Price / MA20: | +20.61% | |
Price / MA50: | +23.26% | |
Price / MA100: | +13.80% | |
Price / MAexp7: | +7.89% | |
Price / MAexp20: | +16.17% | |
Price / MAexp50: | +19.36% | |
Price / MAexp100: | +13.29% |
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.
About author
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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