SYNTHETIX - SNX/USDT - 15 min. - Technical analysis published on 07/01/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
6%
50%
My opinion
Bullish above 1.93 USDT
My targets
2.03 USDT (+2.42%)
2.09 USDT (+5.61%)
My analysis
SYNTHETIX - SNX/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.93 USDT. The next resistance located at 2.03 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2.09 USDT. After this resistance, buyers could then target 2.19 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SYNTHETIX - SNX/USDT rating is 1.98 USDT. On the day, this instrument gained +1.02% and was between 1.94 USDT and 1.98 USDT. This implies that the price is at +2.06% from its lowest and at 0% from its highest.1.94
1.98
1.98
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of SYNTHETIX - SNX/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | R1 | Price | |
|---|---|---|---|---|---|
| ProTrendLines | 1.69 | 1.79 | 1.93 | 1.98 | 1.98 |
| Change (%) | -14.65% | -9.60% | -2.53% | 0% | - |
| Change | -0.29 | -0.19 | -0.05 | 0 | - |
| Level | Minor | Minor | Major | Intermediate | - |
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 | 1.70 | 1.76 | 1.86 | 1.93 | 2.03 | 2.09 | 2.19 |
| Camarilla | 1.92 | 1.93 | 1.95 | 1.96 | 1.98 | 1.99 | 2.01 |
| Woodie | 1.72 | 1.77 | 1.88 | 1.94 | 2.05 | 2.10 | 2.21 |
| Fibonacci | 1.76 | 1.82 | 1.86 | 1.93 | 1.99 | 2.03 | 2.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.67 | 0.99 | 1.34 | 1.66 | 2.01 | 2.33 | 2.68 |
| Camarilla | 1.50 | 1.57 | 1.63 | 1.69 | 1.75 | 1.81 | 1.87 |
| Woodie | 0.68 | 1.00 | 1.35 | 1.67 | 2.03 | 2.34 | 2.70 |
| Fibonacci | 0.99 | 1.25 | 1.40 | 1.66 | 1.92 | 2.08 | 2.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.07 | 0.35 | 1.16 | 1.57 | 2.38 | 2.80 | 3.61 |
| Camarilla | 1.63 | 1.74 | 1.85 | 1.96 | 2.08 | 2.19 | 2.30 |
| Woodie | 0.13 | 0.45 | 1.35 | 1.67 | 2.58 | 2.90 | 3.80 |
| Fibonacci | 0.35 | 0.82 | 1.11 | 1.57 | 2.04 | 2.33 | 2.80 |
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): | 59.51 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 17.70 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 1.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.98 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 1.95 | |
| Zig ZAG (10): | 1.97 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 55.30 | |
| TEMA (21): | 1.97 | |
| Williams %R (14): | -36.36 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.3200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 2.07 |
| MA7: | 1.87 | |
| MA20: | 1.46 | |
| MA50: | 1.08 | |
| MA100: | 0.89 | |
| MAexp7: | 1.97 | |
| MAexp20: | 1.97 | |
| MAexp50: | 1.95 | |
| MAexp100: | 1.91 | |
| Price / MA7: | +5.88% | |
| Price / MA20: | +35.62% | |
| Price / MA50: | +83.33% | |
| Price / MA100: | +122.47% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | +0.51% | |
| Price / MAexp50: | +1.54% | |
| Price / MAexp100: | +3.66% |
Quotes :
2020-07-01 07:49:21
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Real time data
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