SXP - SXP/USDT - 1H - Technical analysis published on 03/31/2023 (GMT)
- 171
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.582600 USDT
My targets
1.423400 USDT (+129.40%)
2.769000 USDT (+346.25%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SWIPE - SXP/USDT as long as the price remains well above 0.582600 USDT. The buyers' bullish objective is set at 1.423400 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.769000 USDT. If there is any crossing, the next objective would be the resistance located at 4.000000 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, 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
7.9
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 0.620500 USDT. The price registered an increase of +33.41% on the session with the lowest point at 0.455800 USDT and the highest point at 0.681900 USDT. The deviation from the price is +36.13% for the low point and -9.00% for the high point.0.455800
0.681900
0.620500
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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:
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
Technical analysis of this 1H chart of SWIPE - SXP/USDT indicates that the overall trend is strongly bullish. 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, 11 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.495220 | 0.557400 | 0.582600 | 0.620500 | 1.423400 | 2.769000 | 4.000000 |
| Change (%) | -20.19% | -10.17% | -6.11% | - | +129.40% | +346.25% | +544.64% |
| Change | -0.125280 | -0.063100 | -0.037900 | - | +0.802900 | +2.148500 | +3.379500 |
| Level | Minor | Minor | Major | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.289267 | 0.371433 | 0.418267 | 0.500433 | 0.547267 | 0.629433 | 0.676267 |
| Camarilla | 0.429625 | 0.441450 | 0.453275 | 0.465100 | 0.476925 | 0.488750 | 0.500575 |
| Woodie | 0.271600 | 0.362600 | 0.400600 | 0.491600 | 0.529600 | 0.620600 | 0.658600 |
| Fibonacci | 0.371433 | 0.420711 | 0.451155 | 0.500433 | 0.549711 | 0.580155 | 0.629433 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 69.57 | |
| MACD (12,26,9): | 0.0406 | |
| Directional Movement: | 29.674483 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.635039 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.613832 | |
| Elder Ray (13): | 0.022040 | |
| Super Trend (3,10): | 0.557557 | |
| Zig ZAG (10): | 0.625400 | |
| VORTEX (21): | 1.2557 | |
| Stochastique (14,3,5): | 69.65 | |
| TEMA (21): | 0.648495 | |
| Williams %R (14): | -35.83 | |
| Chande Momentum Oscillator (20): | 0.088500 | |
| Repulse (5,40,3): | -1.2346 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.0709 | |
| Courbe Coppock: | 54.31 |
| MA7: | 0.378086 | |
| MA20: | 0.311870 | |
| MA50: | 0.308908 | |
| MA100: | 0.275624 | |
| MAexp7: | 0.620785 | |
| MAexp20: | 0.582482 | |
| MAexp50: | 0.516811 | |
| MAexp100: | 0.447441 | |
| Price / MA7: | +64.12% | |
| Price / MA20: | +98.96% | |
| Price / MA50: | +100.87% | |
| Price / MA100: | +125.13% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | +6.53% | |
| Price / MAexp50: | +20.06% | |
| Price / MAexp100: | +38.68% |
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