WAX - WAXP/USD - 1H - Technical analysis published on 04/26/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 0.023610 USD
My targets
0.025529 USD (+1.23%)
0.026556 USD (+5.30%)
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 0.023610 USD remains possible. It is advisable to trade WAX - WAXP/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.023610 USD. The next bullish objective for buyers is set at 0.025529 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.026556 USD. If there is any crossing, the next objective would be the resistance located at 0.028430 USD. PS: if there is a bearish break in the support located at 0.023610 USD 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.8
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WAX - WAXP/USD rating is 0.025220 USD. On the day, this instrument lost -0.03% with the lowest point at 0.025096 USD and the highest point at 0.025716 USD. The deviation from the price is +0.49% for the low point and -1.93% for the high point.0.025096
0.025716
0.025220
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of WAX - WAXP/USD indicates that the overall trend is bullish. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point (Daily)
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.018211 | 0.021345 | 0.023610 | 0.025220 | 0.025529 | 0.026556 | 0.028430 |
| Change (%) | -27.79% | -15.36% | -6.38% | - | +1.23% | +5.30% | +12.73% |
| Change | -0.007009 | -0.003875 | -0.001610 | - | +0.000309 | +0.001336 | +0.003210 |
| Level | Intermediate | Minor | Intermediate | - | 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 | 0.023368 | 0.023801 | 0.024514 | 0.024947 | 0.025660 | 0.026093 | 0.026806 |
| Camarilla | 0.024913 | 0.025018 | 0.025123 | 0.025228 | 0.025333 | 0.025438 | 0.025543 |
| Woodie | 0.023509 | 0.023871 | 0.024655 | 0.025017 | 0.025801 | 0.026163 | 0.026947 |
| Fibonacci | 0.023801 | 0.024238 | 0.024509 | 0.024947 | 0.025384 | 0.025655 | 0.026093 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010055 | 0.014921 | 0.020665 | 0.025531 | 0.031275 | 0.036141 | 0.041885 |
| Camarilla | 0.023490 | 0.024463 | 0.025435 | 0.026408 | 0.027381 | 0.028353 | 0.029326 |
| Woodie | 0.010493 | 0.015141 | 0.021103 | 0.025751 | 0.031713 | 0.036361 | 0.042323 |
| Fibonacci | 0.014921 | 0.018974 | 0.021478 | 0.025531 | 0.029584 | 0.032088 | 0.036141 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013091 | 0.016911 | 0.019474 | 0.023294 | 0.025857 | 0.029677 | 0.032240 |
| Camarilla | 0.020282 | 0.020867 | 0.021452 | 0.022037 | 0.022622 | 0.023207 | 0.023792 |
| Woodie | 0.012463 | 0.016597 | 0.018846 | 0.022980 | 0.025229 | 0.029363 | 0.031612 |
| Fibonacci | 0.016911 | 0.019349 | 0.020856 | 0.023294 | 0.025732 | 0.027239 | 0.029677 |
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): | 55.13 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 4.852669 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.025445 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.025680 | |
| Elder Ray (13): | 0.000037 | |
| Super Trend (3,10): | 0.024949 | |
| Zig ZAG (10): | 0.025340 | |
| VORTEX (21): | 1.1075 | |
| Stochastique (14,3,5): | 53.39 | |
| TEMA (21): | 0.025426 | |
| Williams %R (14): | -61.15 | |
| Chande Momentum Oscillator (20): | 0.000063 | |
| Repulse (5,40,3): | -0.2224 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1040 | |
| Courbe Coppock: | 2.85 |
| MA7: | 0.024621 | |
| MA20: | 0.022178 | |
| MA50: | 0.022743 | |
| MA100: | 0.028387 | |
| MAexp7: | 0.025323 | |
| MAexp20: | 0.025226 | |
| MAexp50: | 0.024935 | |
| MAexp100: | 0.024611 | |
| Price / MA7: | +2.43% | |
| Price / MA20: | +13.72% | |
| Price / MA50: | +10.89% | |
| Price / MA100: | -11.16% | |
| Price / MAexp7: | -0.41% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | +1.14% | |
| Price / MAexp100: | +2.47% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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