GATETOKEN - GT/USD
227.73
USD
(+0.10%)
03/31/2025 - 14:59
Open Real time data - CoinMarketCap
| Open: | 226.99 |
| Change: | +0.23 |
| Volume: | 318,322 |
| Low: | 225.12 |
| High: | 227.90 |
| High / Low range: | 2.78 |
| Type: | Cryptocurrencies |
| Ticker: | GTUSD |
| ISIN: |
GATETOKEN - GT/USD - 1H - Technical analysis published on 06/05/2024 (GMT)
- 135
- 0
- 06/05/2024 - 03:55
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- Timeframe : 1H
- - Analysis generated on 06/05/2024 - 03:55
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 8.77 USD
My targets
9.09 USD (+0.63%)
10.07 USD (+11.55%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GATECHAIN TOKEN - GT/USD as long as the price remains well above 8.77 USD. The buyers' bullish objective is set at 9.09 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.07 USD. If there is any crossing, the next objective would be the resistance located at 10.61 USD. 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, 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
8.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GATECHAIN TOKEN - GT/USD price is 9.03 USD. On the day, this instrument gained +5.61% with the lowest point at 8.55 USD and the highest point at 9.08 USD. The deviation from the price is +5.61% for the low point and -0.55% for the high point.8.55
9.08
9.03
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GATECHAIN TOKEN - GT/USD in 1H shows a strongly overall 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
White line without lower shadow
Type : Bullish
Timeframe : 1 hour
Upside gap
Type : Bullish
Timeframe : 1 hour
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 8.07 | 8.17 | 8.48 | 9.03 | 10.61 |
| Change (%) | -10.63% | -9.52% | -6.09% | - | +17.50% |
| Change | -0.96 | -0.86 | -0.55 | - | +1.58 |
| Level | Minor | Intermediate | Minor | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.18 | 8.26 | 8.40 | 8.48 | 8.62 | 8.70 | 8.84 |
| Camarilla | 8.49 | 8.51 | 8.53 | 8.55 | 8.57 | 8.59 | 8.61 |
| Woodie | 8.22 | 8.28 | 8.44 | 8.50 | 8.66 | 8.72 | 8.88 |
| Fibonacci | 8.26 | 8.34 | 8.39 | 8.48 | 8.56 | 8.61 | 8.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.32 | 7.59 | 7.91 | 8.18 | 8.50 | 8.77 | 9.09 |
| Camarilla | 8.06 | 8.11 | 8.17 | 8.22 | 8.27 | 8.33 | 8.38 |
| Woodie | 7.34 | 7.60 | 7.93 | 8.19 | 8.52 | 8.78 | 9.11 |
| Fibonacci | 7.59 | 7.82 | 7.96 | 8.18 | 8.41 | 8.55 | 8.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.05 | 6.59 | 7.39 | 7.93 | 8.73 | 9.27 | 10.07 |
| Camarilla | 7.83 | 7.95 | 8.08 | 8.20 | 8.32 | 8.45 | 8.57 |
| Woodie | 6.19 | 6.66 | 7.53 | 8.00 | 8.87 | 9.34 | 10.21 |
| Fibonacci | 6.59 | 7.10 | 7.42 | 7.93 | 8.44 | 8.76 | 9.27 |
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): | 88.34 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 67.62 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 8.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.61 | |
| Elder Ray (13): | 0.33 | |
| Super Trend (3,10): | 8.75 | |
| Zig ZAG (10): | 9.01 | |
| VORTEX (21): | 1.4200 | |
| Stochastique (14,3,5): | 91.03 | |
| TEMA (21): | 8.79 | |
| Williams %R (14): | -4.59 | |
| Chande Momentum Oscillator (20): | 0.54 | |
| Repulse (5,40,3): | 3.9400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 7.00 |
| MA7: | 8.38 | |
| MA20: | 8.13 | |
| MA50: | 7.89 | |
| MA100: | 7.55 | |
| MAexp7: | 8.74 | |
| MAexp20: | 8.58 | |
| MAexp50: | 8.45 | |
| MAexp100: | 8.35 | |
| Price / MA7: | +7.76% | |
| Price / MA20: | +11.07% | |
| Price / MA50: | +14.45% | |
| Price / MA100: | +19.60% | |
| Price / MAexp7: | +3.32% | |
| Price / MAexp20: | +5.24% | |
| Price / MAexp50: | +6.86% | |
| Price / MAexp100: | +8.14% |
Quotes :
06/05/2024 - 03:54
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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