GATECHAIN TOKEN - GT/USD - 1H - Technical analysis published on 11/17/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 4.17 USD
My targets
4.06 USD (-1.46%)
4.01 USD (-2.67%)
My analysis
The basic trend is currently slightly bearish on GATECHAIN TOKEN - GT/USD and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 4.17 USD, sales could be favoured. The first bearish objective would be located at 4.06 USD. Sellers would then use the next support located at 4.01 USD as an objective. Crossing it would then enable sellers to target 3.93 USD. A return to above the resistance at 4.17 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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Additional analysis
Quotes
The GATECHAIN TOKEN - GT/USD price is 4.12 USD. The price registered a decrease of -0.24% on the session with the lowest point at 4.12 USD and the highest point at 4.16 USD. The deviation from the price is 0% for the low point and -0.96% for the high point.4.12
4.16
4.12
Here is a more detailed summary of the historical variations registered by GATECHAIN TOKEN - GT/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GATECHAIN TOKEN - GT/USD chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.01 | 4.06 | 4.11 | 4.12 | 4.17 | 4.22 | 4.26 |
| Change (%) | -2.67% | -1.46% | -0.24% | - | +1.21% | +2.43% | +3.40% |
| Change | -0.11 | -0.06 | -0.01 | - | +0.05 | +0.10 | +0.14 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | 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 | 3.99 | 4.05 | 4.09 | 4.15 | 4.19 | 4.25 | 4.29 |
| Camarilla | 4.10 | 4.11 | 4.12 | 4.13 | 4.14 | 4.15 | 4.16 |
| Woodie | 3.98 | 4.05 | 4.08 | 4.15 | 4.18 | 4.25 | 4.28 |
| Fibonacci | 4.05 | 4.09 | 4.11 | 4.15 | 4.19 | 4.21 | 4.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.40 | 3.62 | 3.91 | 4.13 | 4.42 | 4.64 | 4.93 |
| Camarilla | 4.06 | 4.11 | 4.15 | 4.20 | 4.25 | 4.29 | 4.34 |
| Woodie | 3.44 | 3.64 | 3.95 | 4.15 | 4.46 | 4.66 | 4.97 |
| Fibonacci | 3.62 | 3.82 | 3.94 | 4.13 | 4.33 | 4.45 | 4.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.24 | 3.42 | 3.61 | 3.79 | 3.98 | 4.16 | 4.35 |
| Camarilla | 3.71 | 3.74 | 3.78 | 3.81 | 3.84 | 3.88 | 3.91 |
| Woodie | 3.26 | 3.42 | 3.63 | 3.79 | 4.00 | 4.16 | 4.37 |
| Fibonacci | 3.42 | 3.56 | 3.65 | 3.79 | 3.93 | 4.02 | 4.16 |
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): | 39.20 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -35.09 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 4.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.16 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 4.15 | |
| Zig ZAG (10): | 4.12 | |
| VORTEX (21): | 0.6900 | |
| Stochastique (14,3,5): | 12.88 | |
| TEMA (21): | 4.12 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.4300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.31 |
| MA7: | 4.14 | |
| MA20: | 4.03 | |
| MA50: | 3.85 | |
| MA100: | 3.88 | |
| MAexp7: | 4.13 | |
| MAexp20: | 4.14 | |
| MAexp50: | 4.14 | |
| MAexp100: | 4.14 | |
| Price / MA7: | -0.48% | |
| Price / MA20: | +2.23% | |
| Price / MA50: | +7.01% | |
| Price / MA100: | +6.19% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.48% | |
| Price / MAexp50: | -0.48% | |
| Price / MAexp100: | -0.48% |
Quotes :
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Real time data
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