SXP - SXP/USDT - 1H - Technical analysis published on 04/04/2023 (GMT)
- 229
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 0.822267 USDT
My targets
0.890267 USDT (+6.25%)
0.917600 USDT (+9.51%)
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 0.822267 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 0.822267 USDT. The next bullish objective for buyers is set at 0.890267 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.917600 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 0.822267 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.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
2.3
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 Bilawal Ali. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SWIPE - SXP/USDT rating is 0.837900 USDT. On the day, this instrument lost -9.63% with the lowest point at 0.826800 USDT and the highest point at 0.927100 USDT. The deviation from the price is +1.34% for the low point and -9.62% for the high point.0.826800
0.927100
0.837900
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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
A technical analysis in 1H of this SWIPE - SXP/USDT chart shows a bullish trend. 75.00% 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 market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.454700 | 0.593888 | 0.740433 | 0.837900 | 0.917600 | 1.423400 | 2.769000 |
| Change (%) | -45.73% | -29.12% | -11.63% | - | +9.51% | +69.88% | +230.47% |
| Change | -0.383200 | -0.244012 | -0.097467 | - | +0.079700 | +0.585500 | +1.931100 |
| Level | Minor | Minor | Major | - | Intermediate | 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.78 | |
| MACD (12,26,9): | 0.0304 | |
| Directional Movement: | -1.784815 | |
| AROON (14): | 35.714285 | |
| DEMA (21): | 0.888215 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.922956 | |
| Elder Ray (13): | -0.018435 | |
| Super Trend (3,10): | 0.810896 | |
| Zig ZAG (10): | 0.834900 | |
| VORTEX (21): | 1.1287 | |
| Stochastique (14,3,5): | 16.83 | |
| TEMA (21): | 0.883691 | |
| Williams %R (14): | -84.79 | |
| Chande Momentum Oscillator (20): | -0.050200 | |
| Repulse (5,40,3): | -4.9092 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.8067 | |
| Courbe Coppock: | 6.15 |
| MA7: | 0.686029 | |
| MA20: | 0.419520 | |
| MA50: | 0.348280 | |
| MA100: | 0.299326 | |
| MAexp7: | 0.857629 | |
| MAexp20: | 0.842084 | |
| MAexp50: | 0.775976 | |
| MAexp100: | 0.692579 | |
| Price / MA7: | +22.14% | |
| Price / MA20: | +99.73% | |
| Price / MA50: | +140.58% | |
| Price / MA100: | +179.93% | |
| Price / MAexp7: | -2.30% | |
| Price / MAexp20: | -0.50% | |
| Price / MAexp50: | +7.98% | |
| Price / MAexp100: | +20.98% |
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