MONERO - XMR/USDT - 1H - Technical analysis published on 09/24/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 143.94 USDT
My targets
141.61 USDT (-1.00%)
137.68 USDT (-3.75%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 143.94 USDT remains possible. It is advisable to trade MONERO - XMR/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 143.94 USDT. The next bearish objective for sellers is set at 141.61 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 137.68 USDT. In case of crossing, the next objective would be the support located at 134.66 USDT. PS: if there is a bullish break in the resistance located at 143.94 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.2
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This analysis was given by Nik777. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MONERO - XMR/USDT rating 143.04 USDT. On the day, this instrument gained +0.96% with the lowest point at 141.52 USDT and the highest point at 143.92 USDT. The deviation from the price is +1.07% for the low point and -0.61% for the high point.141.52
143.92
143.04
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MONERO - XMR/USDT:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this MONERO - XMR/USDT chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
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 | 134.66 | 137.68 | 141.61 | 143.04 | 143.19 | 143.94 | 144.93 |
| Change (%) | -5.86% | -3.75% | -1.00% | - | +0.10% | +0.63% | +1.32% |
| Change | -8.38 | -5.36 | -1.43 | - | +0.15 | +0.90 | +1.89 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
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 | 136.01 | 138.73 | 140.20 | 142.92 | 144.39 | 147.11 | 148.58 |
| Camarilla | 140.53 | 140.91 | 141.30 | 141.68 | 142.06 | 142.45 | 142.83 |
| Woodie | 135.40 | 138.42 | 139.59 | 142.61 | 143.78 | 146.80 | 147.97 |
| Fibonacci | 138.73 | 140.33 | 141.32 | 142.92 | 144.52 | 145.51 | 147.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 132.11 | 136.77 | 139.23 | 143.89 | 146.35 | 151.01 | 153.47 |
| Camarilla | 139.72 | 140.38 | 141.03 | 141.68 | 142.33 | 142.99 | 143.64 |
| Woodie | 131.00 | 136.22 | 138.12 | 143.34 | 145.24 | 150.46 | 152.36 |
| Fibonacci | 136.77 | 139.49 | 141.17 | 143.89 | 146.61 | 148.29 | 151.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.69 | 121.21 | 132.16 | 146.68 | 157.63 | 172.15 | 183.10 |
| Camarilla | 136.11 | 138.44 | 140.78 | 143.11 | 145.45 | 147.78 | 150.11 |
| Woodie | 104.91 | 120.32 | 130.38 | 145.79 | 155.85 | 171.26 | 181.32 |
| Fibonacci | 121.21 | 130.94 | 136.95 | 146.68 | 156.41 | 162.42 | 172.15 |
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): | 45.49 | |
| MACD (12,26,9): | -0.2000 | |
| Directional Movement: | 0.27 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 142.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 143.82 | |
| Elder Ray (13): | -0.09 | |
| Super Trend (3,10): | 141.93 | |
| Zig ZAG (10): | 142.81 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 46.54 | |
| TEMA (21): | 142.89 | |
| Williams %R (14): | -70.25 | |
| Chande Momentum Oscillator (20): | -0.22 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.70 |
| MA7: | 145.18 | |
| MA20: | 143.89 | |
| MA50: | 146.63 | |
| MA100: | 153.84 | |
| MAexp7: | 142.89 | |
| MAexp20: | 142.97 | |
| MAexp50: | 143.71 | |
| MAexp100: | 144.65 | |
| Price / MA7: | -1.47% | |
| Price / MA20: | -0.59% | |
| Price / MA50: | -2.45% | |
| Price / MA100: | -7.02% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | -0.47% | |
| Price / MAexp100: | -1.11% |
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.
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