STORJ - STORJ/USD
STORJ - STORJ/USD
- USD (-)
- Real time data - CoinMarketCap
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Change: -
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Type: Cryptocurrencies
Ticker: STORJUSD
ISIN:

STORJ - STORJ/USD - 1H - Technical analysis published on 04/07/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 0.410000 USD
My targets
0.430000 USD (+2.38%)
0.450000 USD (+7.14%)
My analysis
The basic bullish trend is very strong on STORJ - STORJ/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.410000 USD. Crossing the first resistance at 0.430000 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.450000 USD as an objective. Crossing it would then enable buyers to target 0.482000 USD. Caution, a return to below 0.410000 USD would be a sign of a consolidation phase in the short-term basic trend. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

STORJ - STORJ/USD rating 0.420000 USD. The price registered an increase of +5.00% on the session and was traded between 0.400000 USD and 0.440000 USD over the period. The price is currently at +5.00% from its lowest and -4.55% from its highest.

0.400000
0.440000
0.420000

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.

Central Gaps

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:
The Central Records scanner for higher/lower results shows an item:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of STORJ - STORJ/USD indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 0.390000 0.400000 0.410000 0.420000 0.420000 0.430000 0.450000
Change (%) -7.14% -4.76% -2.38% 0% - +2.38% +7.14%
Change -0.030000 -0.020000 -0.010000 0 - +0.010000 +0.030000
Level Intermediate Minor 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
Standard0.3566670.3733330.3866670.4033330.4166670.4333330.446667
Camarilla0.3917500.3945000.3972500.4000000.4027500.4055000.408250
Woodie0.3550000.3725000.3850000.4025000.4150000.4325000.445000
Fibonacci0.3733330.3847930.3918730.4033330.4147930.4218730.433333


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2400000.2800000.3400000.3800000.4400000.4800000.540000
Camarilla0.3725000.3816670.3908330.4000000.4091670.4183330.427500
Woodie0.2500000.2850000.3500000.3850000.4500000.4850000.550000
Fibonacci0.2800000.3182000.3418000.3800000.4182000.4418000.480000


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1366670.2133330.2966670.3733330.4566670.5333330.616667
Camarilla0.3360000.3506670.3653330.3800000.3946670.4093330.424000
Woodie0.1400000.2150000.3000000.3750000.4600000.5350000.620000
Fibonacci0.2133330.2744530.3122130.3733330.4344530.4722130.533333

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): 47.61
MACD (12,26,9): 0.0031
Directional Movement: 2.115307
AROON (14): 71.428571
DEMA (21): 0.418080
Parabolic SAR (0,02-0,02-0,2): 0.393882
Elder Ray (13): -0.002259
Super Trend (3,10): 0.377579
Zig ZAG (10): 0.410000
VORTEX (21): 1.0278
Stochastique (14,3,5): 41.67
TEMA (21): 0.417327
Williams %R (14): -50.00
Chande Momentum Oscillator (20): 0.010000
Repulse (5,40,3): 2.3748
ROCnROLL: 1
TRIX (15,9): 0.0972
Courbe Coppock: 1.95
MA7: 0.394286
MA20: 0.377500
MA50: 0.387400
MA100: 0.365300
MAexp7: 0.416347
MAexp20: 0.414745
MAexp50: 0.408761
MAexp100: 0.400412
Price / MA7: +6.52%
Price / MA20: +11.26%
Price / MA50: +8.42%
Price / MA100: +14.97%
Price / MAexp7: +0.88%
Price / MAexp20: +1.27%
Price / MAexp50: +2.75%
Price / MAexp100: +4.89%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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