STATUS - SNT/USDT - Daily - Technical analysis published on 12/04/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.011593 USDT
My targets
0.009630 USDT (-8.72%)
My analysis
STATUS NETWORK TOKEN - SNT/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.011593 USDT. The next support located at 0.009630 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STATUS NETWORK TOKEN - SNT/USDT rating is 0.010550 USDT. The price is lower by -3.21% since the last closing and was between 0.010010 USDT and 0.011070 USDT. This implies that the price is at +5.39% from its lowest and at -4.70% from its highest.0.010010
0.011070
0.010550
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this STATUS NETWORK TOKEN - SNT/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by 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 does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.009630 | 0.010550 | 0.014147 | 0.018357 | 0.027870 |
| Change (%) | -8.72% | - | +34.09% | +74.00% | +164.17% |
| Change | -0.000920 | - | +0.003597 | +0.007807 | +0.017320 |
| Level | Intermediate | - | Minor | Minor | 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 | 0.008680 | 0.009680 | 0.010290 | 0.011290 | 0.011900 | 0.012900 | 0.013510 |
| Camarilla | 0.010457 | 0.010605 | 0.010752 | 0.010900 | 0.011048 | 0.011195 | 0.011343 |
| Woodie | 0.008485 | 0.009583 | 0.010095 | 0.011193 | 0.011705 | 0.012803 | 0.013315 |
| Fibonacci | 0.009680 | 0.010295 | 0.010675 | 0.011290 | 0.011905 | 0.012285 | 0.012900 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006370 | 0.007594 | 0.009402 | 0.010626 | 0.012434 | 0.013658 | 0.015466 |
| Camarilla | 0.010376 | 0.010654 | 0.010932 | 0.011210 | 0.011488 | 0.011766 | 0.012044 |
| Woodie | 0.006662 | 0.007740 | 0.009694 | 0.010772 | 0.012726 | 0.013804 | 0.015758 |
| Fibonacci | 0.007594 | 0.008752 | 0.009468 | 0.010626 | 0.011784 | 0.012500 | 0.013658 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002503 | 0.005661 | 0.008435 | 0.011593 | 0.014367 | 0.017525 | 0.020299 |
| Camarilla | 0.009579 | 0.010123 | 0.010666 | 0.011210 | 0.011754 | 0.012298 | 0.012841 |
| Woodie | 0.002312 | 0.005565 | 0.008244 | 0.011497 | 0.014176 | 0.017429 | 0.020108 |
| Fibonacci | 0.005661 | 0.007927 | 0.009327 | 0.011593 | 0.013859 | 0.015259 | 0.017525 |
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): | 35.96 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -4.904998 | |
| AROON (14): | -35.714287 | |
| DEMA (21): | 0.010513 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.009696 | |
| Elder Ray (13): | -0.000393 | |
| Super Trend (3,10): | 0.012598 | |
| Zig ZAG (10): | 0.010010 | |
| VORTEX (21): | 0.8761 | |
| Stochastique (14,3,5): | 50.31 | |
| TEMA (21): | 0.010348 | |
| Williams %R (14): | -65.67 | |
| Chande Momentum Oscillator (20): | -0.000490 | |
| Repulse (5,40,3): | -16.6580 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6497 | |
| Courbe Coppock: | 19.54 |
| MA7: | 0.010951 | |
| MA20: | 0.011222 | |
| MA50: | 0.012201 | |
| MA100: | 0.013184 | |
| MAexp7: | 0.010715 | |
| MAexp20: | 0.011209 | |
| MAexp50: | 0.012132 | |
| MAexp100: | 0.013827 | |
| Price / MA7: | -3.66% | |
| Price / MA20: | -5.99% | |
| Price / MA50: | -13.53% | |
| Price / MA100: | -19.98% | |
| Price / MAexp7: | -1.54% | |
| Price / MAexp20: | -5.88% | |
| Price / MAexp50: | -13.04% | |
| Price / MAexp100: | -23.70% |
This member declared not having a position on this financial instrument or a related financial instrument.
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