SYNTHETIX - SNX/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	SNXUSDT
ISIN:

SYNTHETIX - SNX/USDT - Daily - Technical analysis published on 01/16/2021 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 13.91 USDT

My targets

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SYNTHETIX - SNX/USDT as long as the price remains well above 13.91 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.6

Comment on the analysis

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 Addareea. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

SYNTHETIX - SNX/USDT rating 15.79 USDT. On the day, this instrument gained +4.36% and was traded between 14.96 USDT and 15.90 USDT over the period. The price is currently at +5.55% from its lowest and -0.69% from its highest.

14.96

15.90

15.79

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:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this SYNTHETIX - SNX/USDT chart shows a strongly bullish trend. 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 scanner does not detect any result on moving averages that would impact this trend.

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

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	5.33	7.29	12.40	15.79
Change (%)	-66.24%	-53.83%	-21.47%	-
Change	-10.46	-8.50	-3.39	-
Level	Minor	Major	Major	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.56	12.44	13.78	14.66	16.00	16.88	18.22
Camarilla	14.52	14.72	14.93	15.13	15.33	15.54	15.74
Woodie	11.80	12.56	14.02	14.78	16.24	17.00	18.46
Fibonacci	12.44	13.29	13.81	14.66	15.51	16.03	16.88

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.56	5.78	9.44	11.66	15.32	17.54	21.20
Camarilla	11.48	12.02	12.56	13.10	13.64	14.18	14.72
Woodie	4.28	6.14	10.16	12.02	16.04	17.90	21.92
Fibonacci	5.78	8.03	9.42	11.66	13.91	15.29	17.54

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.04	2.09	4.66	6.71	9.29	11.34	13.91
Camarilla	5.96	6.39	6.81	7.23	7.66	8.08	8.51
Woodie	0.30	2.22	4.92	6.84	9.55	11.47	14.17
Fibonacci	2.09	3.86	4.95	6.71	8.48	9.57	11.34

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	74.47
MACD (12,26,9):	2.2200
Directional Movement:	11.60
AROON (14):	71.43
DEMA (21):	14.95
Parabolic SAR (0,02-0,02-0,2):	12.92
Elder Ray (13):	2.09
Super Trend (3,10):	9.26
Zig ZAG (10):	15.66
VORTEX (21):	1.1900
Stochastique (14,3,5):	84.83
TEMA (21):	15.94
Williams %R (14):	-10.73
Chande Momentum Oscillator (20):	4.09
Repulse (5,40,3):	12.0200
ROCnROLL:	1
TRIX (15,9):	3.4800
Courbe Coppock:	144.43

MA7:	14.69
MA20:	11.58
MA50:	7.99
MA100:	6.00
MAexp7:	14.56
MAexp20:	12.15
MAexp50:	9.16
MAexp100:	7.19
Price / MA7:	+7.49%
Price / MA20:	+36.36%
Price / MA50:	+97.62%
Price / MA100:	+163.17%
Price / MAexp7:	+8.45%
Price / MAexp20:	+29.96%
Price / MAexp50:	+72.38%
Price / MAexp100:	+119.61%

Quotes : 2021-01-16 08:33:25 - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

15584

Number of analyses :

91423

Followers :

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…