STORJ - STORJ/USD - 1H - Technical analysis published on 12/15/2023 (GMT)
- 204
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.850000 USD
My targets
0.983333 USD (+11.74%)
1.070000 USD (+21.59%)
My analysis
The bullish trend is currently very strong on STORJ - STORJ/USD. As long as the price remains above the support at 0.850000 USD, you could try to benefit from the boom. The first bullish objective is located at 0.983333 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.070000 USD as an objective. Crossing it would then enable buyers to target 1.450000 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 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
8.2
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STORJ - STORJ/USD price is 0.880000 USD. On the day, this instrument gained +1.15% and was between 0.840000 USD and 0.880000 USD. This implies that the price is at +4.76% from its lowest and at 0% from its highest.0.840000
0.880000
0.880000
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on STORJ - STORJ/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of STORJ - STORJ/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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 | 0.770000 | 0.810000 | 0.830000 | 0.880000 | 0.985000 | 1.450000 | 1.780000 |
| Change (%) | -12.50% | -7.95% | -5.68% | - | +11.93% | +64.77% | +102.27% |
| Change | -0.110000 | -0.070000 | -0.050000 | - | +0.105000 | +0.570000 | +0.900000 |
| Level | Minor | Major | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.670000 | 0.710000 | 0.790000 | 0.830000 | 0.910000 | 0.950000 | 1.030000 |
| Camarilla | 0.837000 | 0.848000 | 0.859000 | 0.870000 | 0.881000 | 0.892000 | 0.903000 |
| Woodie | 0.690000 | 0.720000 | 0.810000 | 0.840000 | 0.930000 | 0.960000 | 1.050000 |
| Fibonacci | 0.710000 | 0.755840 | 0.784160 | 0.830000 | 0.875840 | 0.904160 | 0.950000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.410000 | 0.550000 | 0.630000 | 0.770000 | 0.850000 | 0.990000 | 1.070000 |
| Camarilla | 0.649500 | 0.669667 | 0.689833 | 0.710000 | 0.730167 | 0.750333 | 0.770500 |
| Woodie | 0.380000 | 0.535000 | 0.600000 | 0.755000 | 0.820000 | 0.975000 | 1.040000 |
| Fibonacci | 0.550000 | 0.634040 | 0.685960 | 0.770000 | 0.854040 | 0.905960 | 0.990000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.096667 | 0.156667 | 0.443333 | 0.696667 | 0.983333 | 1.236667 | 1.523333 |
| Camarilla | 0.581500 | 0.631000 | 0.680500 | 0.730000 | 0.779500 | 0.829000 | 0.878500 |
| Woodie | -0.080000 | 0.165000 | 0.460000 | 0.705000 | 1.000000 | 1.245000 | 1.540000 |
| Fibonacci | 0.156667 | 0.362947 | 0.490387 | 0.696667 | 0.902947 | 1.030387 | 1.236667 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 63.83 | |
| MACD (12,26,9): | 0.0225 | |
| Directional Movement: | 6.457157 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.866064 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.754752 | |
| Elder Ray (13): | 0.007214 | |
| Super Trend (3,10): | 0.793798 | |
| Zig ZAG (10): | 0.870000 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 97.22 | |
| TEMA (21): | 0.869417 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.010000 | |
| Repulse (5,40,3): | 5.2513 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3905 | |
| Courbe Coppock: | 15.06 |
| MA7: | 0.761429 | |
| MA20: | 0.751000 | |
| MA50: | 0.669400 | |
| MA100: | 0.528800 | |
| MAexp7: | 0.857928 | |
| MAexp20: | 0.836239 | |
| MAexp50: | 0.796400 | |
| MAexp100: | 0.762656 | |
| Price / MA7: | +15.57% | |
| Price / MA20: | +17.18% | |
| Price / MA50: | +31.46% | |
| Price / MA100: | +66.41% | |
| Price / MAexp7: | +2.57% | |
| Price / MAexp20: | +5.23% | |
| Price / MAexp50: | +10.50% | |
| Price / MAexp100: | +15.39% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis STORJ - STORJ/USD - 1H