SXP - SXP/USDT - 1H - Technical analysis published on 03/30/2023 (GMT)
- 156
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.422333 USDT
My targets
0.472567 USDT (+0.52%)
0.494800 USDT (+5.25%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.422333 USDT remains possible. It is advisable to trade SWIPE - SXP/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.422333 USDT. The next bullish objective for buyers is set at 0.472567 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.494800 USDT. If there is any crossing, the next objective would be the resistance located at 1.423400 USDT. PS: if there is a bearish break in the support located at 0.422333 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7
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 MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SWIPE - SXP/USDT rating 0.470100 USDT. The price is lower by -3.63% since the last closing and was traded between 0.455800 USDT and 0.582600 USDT over the period. The price is currently at +3.14% from its lowest and -19.31% from its highest.0.455800
0.582600
0.470100
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SWIPE - SXP/USDT:
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in 1H of this SWIPE - SXP/USDT chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.322614 | 0.361167 | 0.391200 | 0.470100 | 0.494800 | 1.423400 | 2.769000 |
| Change (%) | -31.37% | -23.17% | -16.78% | - | +5.25% | +202.79% | +489.02% |
| Change | -0.147486 | -0.108933 | -0.078900 | - | +0.024700 | +0.953300 | +2.298900 |
| Level | Minor | Major | Minor | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.140800 | 0.213000 | 0.350400 | 0.422600 | 0.560000 | 0.632200 | 0.769600 |
| Camarilla | 0.430160 | 0.449373 | 0.468587 | 0.487800 | 0.507013 | 0.526227 | 0.545440 |
| Woodie | 0.173400 | 0.229300 | 0.383000 | 0.438900 | 0.592600 | 0.648500 | 0.802200 |
| Fibonacci | 0.213000 | 0.293067 | 0.342533 | 0.422600 | 0.502667 | 0.552133 | 0.632200 |
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 | 0.186067 | 0.231333 | 0.281567 | 0.326833 | 0.377067 | 0.422333 | 0.472567 |
| Camarilla | 0.305538 | 0.314292 | 0.323046 | 0.331800 | 0.340554 | 0.349308 | 0.358063 |
| Woodie | 0.188550 | 0.232575 | 0.284050 | 0.328075 | 0.379550 | 0.423575 | 0.475050 |
| Fibonacci | 0.231333 | 0.267814 | 0.290352 | 0.326833 | 0.363314 | 0.385852 | 0.422333 |
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): | 51.89 | |
| MACD (12,26,9): | 0.0068 | |
| Directional Movement: | 13.503078 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.489273 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.541998 | |
| Elder Ray (13): | -0.004204 | |
| Super Trend (3,10): | 0.452738 | |
| Zig ZAG (10): | 0.472100 | |
| VORTEX (21): | 0.9761 | |
| Stochastique (14,3,5): | 26.24 | |
| TEMA (21): | 0.468738 | |
| Williams %R (14): | -69.40 | |
| Chande Momentum Oscillator (20): | -0.014000 | |
| Repulse (5,40,3): | -0.9990 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.4396 | |
| Courbe Coppock: | 15.98 |
| MA7: | 0.328714 | |
| MA20: | 0.292715 | |
| MA50: | 0.302814 | |
| MA100: | 0.271815 | |
| MAexp7: | 0.472115 | |
| MAexp20: | 0.474684 | |
| MAexp50: | 0.435194 | |
| MAexp100: | 0.382756 | |
| Price / MA7: | +43.01% | |
| Price / MA20: | +60.60% | |
| Price / MA50: | +55.24% | |
| Price / MA100: | +72.95% | |
| Price / MAexp7: | -0.43% | |
| Price / MAexp20: | -0.97% | |
| Price / MAexp50: | +8.02% | |
| Price / MAexp100: | +22.82% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis SXP - SXP/USDT - 1H