MONERO - XMR/USDT - 1H - Technical analysis published on 09/25/2023 (GMT)
- 110
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
33%
22%
44%
My opinion
Bullish above 143.19 USDT
My targets
145.81 USDT (+1.13%)
147.06 USDT (+2.00%)
My analysis
The current short-term bullish acceleration on MONERO - XMR/USDT should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 143.19 USDT. Short-term buyers will use the resistance located at 145.81 USDT as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 147.06 USDT. Crossing this resistance would then open the door for buyers to target 148.52 USDT. Caution, if there is a return to under 143.19 USDT, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
1.4
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 Nik777. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MONERO - XMR/USDT rating is 144.18 USDT. The price registered an increase of +0.28% on the session and was traded between 143.06 USDT and 144.70 USDT over the period. The price is currently at +0.78% from its lowest and -0.36% from its highest.143.06
144.70
144.18
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
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 neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
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
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 141.61 | 143.19 | 143.94 | 144.18 | 144.93 | 145.81 | 147.06 |
| Change (%) | -1.78% | -0.69% | -0.17% | - | +0.52% | +1.13% | +2.00% |
| Change | -2.57 | -0.99 | -0.24 | - | +0.75 | +1.63 | +2.88 |
| Level | Minor | Intermediate | Minor | - | Intermediate | 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 | 139.06 | 140.29 | 142.03 | 143.26 | 145.00 | 146.23 | 147.97 |
| Camarilla | 142.95 | 143.23 | 143.50 | 143.77 | 144.04 | 144.32 | 144.59 |
| Woodie | 139.32 | 140.42 | 142.29 | 143.39 | 145.26 | 146.36 | 148.23 |
| Fibonacci | 140.29 | 141.43 | 142.13 | 143.26 | 144.40 | 145.10 | 146.23 |
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 | 106.97 | 121.35 | 132.23 | 146.61 | 157.49 | 171.87 | 182.75 |
| Camarilla | 136.16 | 138.48 | 140.80 | 143.11 | 145.43 | 147.74 | 150.06 |
| Woodie | 105.22 | 120.48 | 130.48 | 145.74 | 155.74 | 171.00 | 181.00 |
| Fibonacci | 121.35 | 131.00 | 136.96 | 146.61 | 156.26 | 162.22 | 171.87 |
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): | 54.37 | |
| MACD (12,26,9): | 0.2900 | |
| Directional Movement: | 4.45 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 144.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 143.76 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 142.62 | |
| Zig ZAG (10): | 144.09 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 78.80 | |
| TEMA (21): | 144.50 | |
| Williams %R (14): | -39.80 | |
| Chande Momentum Oscillator (20): | -0.38 | |
| Repulse (5,40,3): | -0.2600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.32 |
| MA7: | 145.06 | |
| MA20: | 144.25 | |
| MA50: | 146.33 | |
| MA100: | 153.92 | |
| MAexp7: | 144.21 | |
| MAexp20: | 143.89 | |
| MAexp50: | 143.84 | |
| MAexp100: | 144.42 | |
| Price / MA7: | -0.61% | |
| Price / MA20: | -0.05% | |
| Price / MA50: | -1.47% | |
| Price / MA100: | -6.33% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | -0.17% |
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 MONERO - XMR/USDT - 1H