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SYNTHETIX - SNX/USDT
SYNTHETIX - SNX/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: SNXUSDT
ISIN:

SYNTHETIX - SNX/USDT - 1H - Technical analysis published on 07/03/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 2.48 USDT
My targets
2.68 USDT (+5.25%)
My analysis
The bullish trend is currently very strong on SYNTHETIX - SNX/USDT. As long as the price remains above the support at 2.48 USDT, you could try to benefit from the boom. The first bullish objective is located at 2.68 USDT. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6

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.

Addareea
This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

SYNTHETIX - SNX/USDT rating 2.55 USDT. The price has increased by +3.24% since the last closing with the lowest point at 2.47 USDT and the highest point at 2.59 USDT. The deviation from the price is +3.24% for the low point and -1.54% for the high point.

2.47
2.59
2.55

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of SYNTHETIX - SNX/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour


Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 1.93 2.12 2.48 2.55
Change (%) -24.31% -16.86% -2.75% -
Change -0.62 -0.43 -0.07 -
Level Intermediate 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
Standard1.882.002.242.362.592.712.95
Camarilla2.372.412.442.472.512.542.57
Woodie1.942.032.292.392.652.743.01
Fibonacci2.002.142.222.362.492.582.71


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.670.991.341.662.012.332.68
Camarilla1.501.571.631.691.751.811.87
Woodie0.681.001.351.672.032.342.70
Fibonacci0.991.251.401.661.922.082.33


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.070.351.161.572.382.803.61
Camarilla1.631.741.851.962.082.192.30
Woodie0.130.451.351.672.582.903.80
Fibonacci0.350.821.111.572.042.332.80

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): 67.35
MACD (12,26,9): 0.0700
Directional Movement: 14.54
AROON (14): 78.57
DEMA (21): 2.51
Parabolic SAR (0,02-0,02-0,2): 2.31
Elder Ray (13): 0.08
Super Trend (3,10): 2.38
Zig ZAG (10): 2.55
VORTEX (21): 1.0900
Stochastique (14,3,5): 89.36
TEMA (21): 2.52
Williams %R (14): -8.72
Chande Momentum Oscillator (20): 0.32
Repulse (5,40,3): 2.4200
ROCnROLL: 1
TRIX (15,9): 0.2900
Courbe Coppock: 7.85
MA7: 2.09
MA20: 1.62
MA50: 1.16
MA100: 0.94
MAexp7: 2.48
MAexp20: 2.43
MAexp50: 2.30
MAexp100: 2.14
Price / MA7: +22.01%
Price / MA20: +57.41%
Price / MA50: +119.83%
Price / MA100: +171.28%
Price / MAexp7: +2.82%
Price / MAexp20: +4.94%
Price / MAexp50: +10.87%
Price / MAexp100: +19.16%

Quotes : 2020-07-03 04:13:43 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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