STORJ - STORJ/USD - 1H - Technical analysis published on 07/28/2021 (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:
Strongly bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 1.003333 USD
My targets
1.126667 USD (+10.46%)
1.366667 USD (+33.99%)
My analysis
The bullish trend is currently very strong on STORJ - STORJ/USD. As long as the price remains above the support at 1.003333 USD, you could try to benefit from the boom. The first bullish objective is located at 1.126667 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.366667 USD as an objective. Crossing it would then enable buyers to target 1.600000 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.1
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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 STORJ - STORJ/USD rating is 1.020000 USD. The price has increased by +9.68% since the last closing with the lowest point at 0.930000 USD and the highest point at 1.150000 USD. The deviation from the price is +9.68% for the low point and -11.30% for the high point.0.930000
1.150000
1.020000
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this STORJ - STORJ/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 detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.840000 | 0.911400 | 0.950000 | 1.020000 | 1.600000 | 2.232000 | 3.168000 |
| Change (%) | -17.65% | -10.65% | -6.86% | - | +56.86% | +118.82% | +210.59% |
| Change | -0.180000 | -0.108600 | -0.070000 | - | +0.580000 | +1.212000 | +2.148000 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Minor | Major |
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 | 0.716667 | 0.783333 | 0.856667 | 0.923333 | 0.996667 | 1.063333 | 1.136667 |
| Camarilla | 0.891500 | 0.904333 | 0.917167 | 0.930000 | 0.942833 | 0.955667 | 0.968500 |
| Woodie | 0.720000 | 0.785000 | 0.860000 | 0.925000 | 1.000000 | 1.065000 | 1.140000 |
| Fibonacci | 0.783333 | 0.836813 | 0.869853 | 0.923333 | 0.976813 | 1.009853 | 1.063333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.496667 | 0.583333 | 0.706667 | 0.793333 | 0.916667 | 1.003333 | 1.126667 |
| Camarilla | 0.772250 | 0.791500 | 0.810750 | 0.830000 | 0.849250 | 0.868500 | 0.887750 |
| Woodie | 0.515000 | 0.592500 | 0.725000 | 0.802500 | 0.935000 | 1.012500 | 1.145000 |
| Fibonacci | 0.583333 | 0.663553 | 0.713113 | 0.793333 | 0.873553 | 0.923113 | 1.003333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.016667 | 0.246667 | 0.543333 | 0.806667 | 1.103333 | 1.366667 | 1.663333 |
| Camarilla | 0.686000 | 0.737333 | 0.788667 | 0.840000 | 0.891333 | 0.942667 | 0.994000 |
| Woodie | 0.000000 | 0.255000 | 0.560000 | 0.815000 | 1.120000 | 1.375000 | 1.680000 |
| Fibonacci | 0.246667 | 0.460587 | 0.592747 | 0.806667 | 1.020587 | 1.152747 | 1.366667 |
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): | 57.22 | |
| MACD (12,26,9): | 0.0308 | |
| Directional Movement: | 19.901506 | |
| AROON (14): | 21.428571 | |
| DEMA (21): | 1.034973 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.921220 | |
| Elder Ray (13): | 0.004515 | |
| Super Trend (3,10): | 0.959836 | |
| Zig ZAG (10): | 1.000000 | |
| VORTEX (21): | 1.1286 | |
| Stochastique (14,3,5): | 46.15 | |
| TEMA (21): | 1.037096 | |
| Williams %R (14): | -60.00 | |
| Chande Momentum Oscillator (20): | 0.070000 | |
| Repulse (5,40,3): | -1.9665 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.4916 | |
| Courbe Coppock: | 22.70 |
| MA7: | 0.867143 | |
| MA20: | 0.862000 | |
| MA50: | 0.847200 | |
| MA100: | 1.201460 | |
| MAexp7: | 1.022715 | |
| MAexp20: | 0.994242 | |
| MAexp50: | 0.946317 | |
| MAexp100: | 0.900815 | |
| Price / MA7: | +17.63% | |
| Price / MA20: | +18.33% | |
| Price / MA50: | +20.40% | |
| Price / MA100: | -15.10% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | +2.59% | |
| Price / MAexp50: | +7.79% | |
| Price / MAexp100: | +13.23% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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