SXP - SXP/USDT - 1H - Technical analysis published on 04/04/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 0.890267 USDT
My targets
1.062833 USDT (+19.08%)
1.383367 USDT (+55.00%)
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 0.890267 USDT. The buyers' bullish objective is set at 1.062833 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.383367 USDT. If there is any crossing, the next objective would be the resistance located at 1.423400 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
7.7
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This analysis was given by Bilawal Ali. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SWIPE - SXP/USDT rating 0.892500 USDT. The price is lower by -3.74% since the last closing and was traded between 0.883200 USDT and 0.927100 USDT over the period. The price is currently at +1.05% from its lowest and -3.73% from its highest.0.883200
0.927100
0.892500
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a 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 SWIPE - SXP/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
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 | 0.582600 | 0.686000 | 0.892500 | 1.423400 | 2.769000 | 4.000000 |
| Change (%) | -44.51% | -34.72% | -23.14% | - | +59.48% | +210.25% | +348.18% |
| Change | -0.397280 | -0.309900 | -0.206500 | - | +0.530900 | +1.876500 | +3.107500 |
| Level | Minor | Minor | Intermediate | - | 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 | 0.471433 | 0.563267 | 0.745233 | 0.837067 | 1.019033 | 1.110867 | 1.292833 |
| Camarilla | 0.851905 | 0.877003 | 0.902102 | 0.927200 | 0.952298 | 0.977397 | 1.002495 |
| Woodie | 0.516500 | 0.585800 | 0.790300 | 0.859600 | 1.064100 | 1.133400 | 1.337900 |
| Fibonacci | 0.563267 | 0.667858 | 0.732475 | 0.837067 | 0.941658 | 1.006275 | 1.110867 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.095933 | 0.076633 | 0.397167 | 0.569733 | 0.890267 | 1.062833 | 1.383367 |
| Camarilla | 0.582098 | 0.627298 | 0.672499 | 0.717700 | 0.762901 | 0.808102 | 0.853303 |
| Woodie | -0.021950 | 0.113625 | 0.471150 | 0.606725 | 0.964250 | 1.099825 | 1.457350 |
| Fibonacci | 0.076633 | 0.264998 | 0.381369 | 0.569733 | 0.758098 | 0.874469 | 1.062833 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.098933 | 0.063233 | 0.361667 | 0.523833 | 0.822267 | 0.984433 | 1.282867 |
| Camarilla | 0.533435 | 0.575657 | 0.617878 | 0.660100 | 0.702322 | 0.744543 | 0.786765 |
| Woodie | -0.030800 | 0.097300 | 0.429800 | 0.557900 | 0.890400 | 1.018500 | 1.351000 |
| Fibonacci | 0.063233 | 0.239183 | 0.347884 | 0.523833 | 0.699783 | 0.808484 | 0.984433 |
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): | 65.17 | |
| MACD (12,26,9): | 0.0495 | |
| Directional Movement: | 9.201320 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.911767 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.862607 | |
| Elder Ray (13): | 0.031952 | |
| Super Trend (3,10): | 0.810896 | |
| Zig ZAG (10): | 0.893800 | |
| VORTEX (21): | 1.2422 | |
| Stochastique (14,3,5): | 89.75 | |
| TEMA (21): | 0.926939 | |
| Williams %R (14): | -28.73 | |
| Chande Momentum Oscillator (20): | -0.000500 | |
| Repulse (5,40,3): | -1.4794 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.9306 | |
| Courbe Coppock: | 25.68 |
| MA7: | 0.693886 | |
| MA20: | 0.422595 | |
| MA50: | 0.349498 | |
| MA100: | 0.299933 | |
| MAexp7: | 0.894082 | |
| MAexp20: | 0.847150 | |
| MAexp50: | 0.769467 | |
| MAexp100: | 0.684331 | |
| Price / MA7: | +28.62% | |
| Price / MA20: | +111.20% | |
| Price / MA50: | +155.37% | |
| Price / MA100: | +197.57% | |
| Price / MAexp7: | -0.18% | |
| Price / MAexp20: | +5.35% | |
| Price / MAexp50: | +15.99% | |
| Price / MAexp100: | +30.42% |
Quotes :
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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.
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