STORJ - STORJ/USD - 1H - Technical analysis published on 11/26/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
44%
28%
My opinion
Bullish above 0.570000 USD
My targets
0.593333 USD (+2.30%)
0.630000 USD (+8.62%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on STORJ - STORJ/USD. As long as you are above the support located at 0.570000 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.593333 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.630000 USD as an objective. Crossing it would then enable buyers to target 0.910000 USD. If the support 0.570000 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STORJ - STORJ/USD rating is 0.580000 USD. The price registered an increase of +3.57% on the session and was traded between 0.560000 USD and 0.590000 USD over the period. The price is currently at +3.57% from its lowest and -1.69% from its highest.0.560000
0.590000
0.580000
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of STORJ - STORJ/USD indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.520000 | 0.540000 | 0.570000 | 0.580000 | 0.630000 | 0.910000 | 1.060000 |
| Change (%) | -10.34% | -6.90% | -1.72% | - | +8.62% | +56.90% | +82.76% |
| Change | -0.060000 | -0.040000 | -0.010000 | - | +0.050000 | +0.330000 | +0.480000 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | 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 | 0.450000 | 0.500000 | 0.530000 | 0.580000 | 0.610000 | 0.660000 | 0.690000 |
| Camarilla | 0.538000 | 0.545333 | 0.552667 | 0.560000 | 0.567333 | 0.574667 | 0.582000 |
| Woodie | 0.440000 | 0.495000 | 0.520000 | 0.575000 | 0.600000 | 0.655000 | 0.680000 |
| Fibonacci | 0.500000 | 0.530560 | 0.549440 | 0.580000 | 0.610560 | 0.629440 | 0.660000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.393333 | 0.426667 | 0.493333 | 0.526667 | 0.593333 | 0.626667 | 0.693333 |
| Camarilla | 0.532500 | 0.541667 | 0.550833 | 0.560000 | 0.569167 | 0.578333 | 0.587500 |
| Woodie | 0.410000 | 0.435000 | 0.510000 | 0.535000 | 0.610000 | 0.635000 | 0.710000 |
| Fibonacci | 0.426667 | 0.464867 | 0.488467 | 0.526667 | 0.564867 | 0.588467 | 0.626667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.080000 | 0.150000 | 0.310000 | 0.540000 | 0.700000 | 0.930000 | 1.090000 |
| Camarilla | 0.362750 | 0.398500 | 0.434250 | 0.470000 | 0.505750 | 0.541500 | 0.577250 |
| Woodie | -0.115000 | 0.132500 | 0.275000 | 0.522500 | 0.665000 | 0.912500 | 1.055000 |
| Fibonacci | 0.150000 | 0.298980 | 0.391020 | 0.540000 | 0.688980 | 0.781020 | 0.930000 |
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): | 39.98 | |
| MACD (12,26,9): | -0.0047 | |
| Directional Movement: | -6.232613 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.570907 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.591438 | |
| Elder Ray (13): | -0.011544 | |
| Super Trend (3,10): | 0.558374 | |
| Zig ZAG (10): | 0.560000 | |
| VORTEX (21): | 0.8750 | |
| Stochastique (14,3,5): | 25.56 | |
| TEMA (21): | 0.564394 | |
| Williams %R (14): | -60.00 | |
| Chande Momentum Oscillator (20): | -0.020000 | |
| Repulse (5,40,3): | 2.1782 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0108 | |
| Courbe Coppock: | 8.59 |
| MA7: | 0.542857 | |
| MA20: | 0.500000 | |
| MA50: | 0.490200 | |
| MA100: | 0.436300 | |
| MAexp7: | 0.571017 | |
| MAexp20: | 0.574737 | |
| MAexp50: | 0.570843 | |
| MAexp100: | 0.554853 | |
| Price / MA7: | +6.84% | |
| Price / MA20: | +16.00% | |
| Price / MA50: | +18.32% | |
| Price / MA100: | +32.94% | |
| Price / MAexp7: | +1.57% | |
| Price / MAexp20: | +0.92% | |
| Price / MAexp50: | +1.60% | |
| Price / MAexp100: | +4.53% |
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
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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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