QTUM - QTUM/ETH - Weekly - Technical analysis published on 03/20/2021 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 0.004344 ETH
My targets
0.003546 ETH (-8.29%)
0.002194 ETH (-43.26%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on QTUM - QTUM/ETH as long as the price remains well below 0.004344 ETH. The next bearish objective for sellers is set at 0.003546 ETH. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.002194 ETH. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3.2
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This analysis was given by teodorassenov69. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The QTUM - QTUM/ETH price is 0.003867 ETH. Over 5 days, this instrument gained +22.65% and has been traded over the last 5 days between 0.003297 ETH and 0.003719 ETH. This implies that the 5 day price is +17.29% from its lowest point and +3.98% from its highest point.0.003297
0.003719
0.003867
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Weekly of this QTUM - QTUM/ETH chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Weekly
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Weekly
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.002194 | 0.003867 | 0.004344 | 0.010494 | 0.018006 |
| Change (%) | -43.26% | - | +12.34% | +171.37% | +365.63% |
| Change | -0.001673 | - | +0.000477 | +0.006627 | +0.014139 |
| Level | Major | - | Intermediate | Intermediate | 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 | 0.002965 | 0.003255 | 0.003566 | 0.003856 | 0.004167 | 0.004457 | 0.004768 |
| Camarilla | 0.003711 | 0.003766 | 0.003821 | 0.003876 | 0.003931 | 0.003986 | 0.004041 |
| Woodie | 0.002975 | 0.003260 | 0.003576 | 0.003861 | 0.004177 | 0.004462 | 0.004778 |
| Fibonacci | 0.003255 | 0.003485 | 0.003627 | 0.003856 | 0.004086 | 0.004228 | 0.004457 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002104 | 0.002624 | 0.002903 | 0.003423 | 0.003702 | 0.004222 | 0.004501 |
| Camarilla | 0.002962 | 0.003036 | 0.003109 | 0.003182 | 0.003255 | 0.003329 | 0.003402 |
| Woodie | 0.001984 | 0.002564 | 0.002783 | 0.003363 | 0.003582 | 0.004162 | 0.004381 |
| Fibonacci | 0.002624 | 0.002929 | 0.003118 | 0.003423 | 0.003728 | 0.003917 | 0.004222 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.001059 | 0.000520 | 0.001967 | 0.003546 | 0.004993 | 0.006572 | 0.008019 |
| Camarilla | 0.002581 | 0.002858 | 0.003136 | 0.003413 | 0.003690 | 0.003968 | 0.004245 |
| Woodie | -0.001126 | 0.000487 | 0.001900 | 0.003513 | 0.004926 | 0.006539 | 0.007952 |
| Fibonacci | 0.000520 | 0.001676 | 0.002390 | 0.003546 | 0.004702 | 0.005416 | 0.006572 |
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): | 45.85 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | 9.385260 | |
| AROON (14): | 7.142856 | |
| DEMA (21): | 0.002856 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.002335 | |
| Elder Ray (13): | -0.000006 | |
| Super Trend (3,10): | 0.004916 | |
| Zig ZAG (10): | 0.003847 | |
| VORTEX (21): | 0.8643 | |
| Stochastique (14,3,5): | 49.69 | |
| TEMA (21): | 0.003059 | |
| Williams %R (14): | -42.30 | |
| Chande Momentum Oscillator (20): | 0.000292 | |
| Repulse (5,40,3): | 2.5953 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -2.6229 | |
| Courbe Coppock: | 37.01 |
| MA7: | 0.003534 | |
| MA20: | 0.003536 | |
| MA50: | 0.003363 | |
| MA100: | 0.003236 | |
| MAexp7: | 0.003541 | |
| MAexp20: | 0.004010 | |
| MAexp50: | 0.005934 | |
| MAexp100: | 0.008916 | |
| Price / MA7: | +9.42% | |
| Price / MA20: | +9.36% | |
| Price / MA50: | +14.99% | |
| Price / MA100: | +19.50% | |
| Price / MAexp7: | +9.21% | |
| Price / MAexp20: | -3.57% | |
| Price / MAexp50: | -34.83% | |
| Price / MAexp100: | -56.63% |
Quotes :
2021-03-20 04:01:30
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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.
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