SXP - SXP/USDT - 1H - Technical analysis published on 03/28/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- 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
61%
11%
28%
My opinion
Bullish above 0.283033 USDT
My targets
0.291233 USDT (+2.04%)
0.301400 USDT (+5.61%)
My analysis
SWIPE - SXP/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 0.283033 USDT. The next resistance located at 0.291233 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 0.301400 USDT. After this resistance, buyers could then target 0.322614 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, 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
7.7
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SWIPE - SXP/USDT rating is 0.285400 USDT. On the day, this instrument gained +11.40% and was traded between 0.252000 USDT and 0.302200 USDT over the period. The price is currently at +13.25% from its lowest and -5.56% from its highest.0.252000
0.302200
0.285400
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SWIPE - SXP/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.259000 | 0.271124 | 0.283033 | 0.285400 | 0.301400 | 0.322614 | 0.361167 |
Change (%) | -9.25% | -5.00% | -0.83% | - | +5.61% | +13.04% | +26.55% |
Change | -0.026400 | -0.014276 | -0.002367 | - | +0.016000 | +0.037214 | +0.075767 |
Level | Minor | Major | Intermediate | - | Minor | Minor | Major |
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 | 0.226400 | 0.237800 | 0.247000 | 0.258400 | 0.267600 | 0.279000 | 0.288200 |
Camarilla | 0.250535 | 0.252423 | 0.254312 | 0.256200 | 0.258088 | 0.259977 | 0.261865 |
Woodie | 0.225300 | 0.237250 | 0.245900 | 0.257850 | 0.266500 | 0.278450 | 0.287100 |
Fibonacci | 0.237800 | 0.245669 | 0.250531 | 0.258400 | 0.266269 | 0.271131 | 0.279000 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.204233 | 0.231067 | 0.247733 | 0.274567 | 0.291233 | 0.318067 | 0.334733 |
Camarilla | 0.252438 | 0.256425 | 0.260413 | 0.264400 | 0.268388 | 0.272375 | 0.276363 |
Woodie | 0.199150 | 0.228525 | 0.242650 | 0.272025 | 0.286150 | 0.315525 | 0.329650 |
Fibonacci | 0.231067 | 0.247684 | 0.257950 | 0.274567 | 0.291184 | 0.301450 | 0.318067 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.173900 | 0.221600 | 0.276700 | 0.324400 | 0.379500 | 0.427200 | 0.482300 |
Camarilla | 0.303530 | 0.312953 | 0.322377 | 0.331800 | 0.341223 | 0.350647 | 0.360070 |
Woodie | 0.177600 | 0.223450 | 0.280400 | 0.326250 | 0.383200 | 0.429050 | 0.486000 |
Fibonacci | 0.221600 | 0.260870 | 0.285130 | 0.324400 | 0.363670 | 0.387930 | 0.427200 |
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): | 60.47 | |
MACD (12,26,9): | 0.0063 | |
Directional Movement: | 21.246979 | |
AROON (14): | 7.142857 | |
DEMA (21): | 0.286480 | |
Parabolic SAR (0,02-0,02-0,2): | 0.301321 | |
Elder Ray (13): | 0.002706 | |
Super Trend (3,10): | 0.265743 | |
Zig ZAG (10): | 0.284300 | |
VORTEX (21): | 1.2051 | |
Stochastique (14,3,5): | 62.26 | |
TEMA (21): | 0.290183 | |
Williams %R (14): | -38.51 | |
Chande Momentum Oscillator (20): | 0.005000 | |
Repulse (5,40,3): | -0.4595 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.3408 | |
Courbe Coppock: | 18.58 |
MA7: | 0.269629 | |
MA20: | 0.268735 | |
MA50: | 0.295336 | |
MA100: | 0.267101 | |
MAexp7: | 0.284399 | |
MAexp20: | 0.278606 | |
MAexp50: | 0.271748 | |
MAexp100: | 0.270421 | |
Price / MA7: | +5.85% | |
Price / MA20: | +6.20% | |
Price / MA50: | -3.36% | |
Price / MA100: | +6.85% | |
Price / MAexp7: | +0.35% | |
Price / MAexp20: | +2.44% | |
Price / MAexp50: | +5.02% | |
Price / MAexp100: | +5.54% |
Quotes :
-
Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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