THE GRAPH - GRT/USD - Daily - Technical analysis published on 09/18/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.854900 USD
My targets
0.727882 USD (-12.71%)
0.617933 USD (-25.90%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on THE GRAPH - GRT/USD as long as the price remains well below 0.854900 USD. The next bearish objective for sellers is set at 0.727882 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.617933 USD. In case of crossing, the next objective would be the support located at 0.492800 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.2
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THE GRAPH - GRT/USD rating is 0.833900 USD. The price registered an increase of +1.87% on the session and was between 0.803400 USD and 0.847800 USD. This implies that the price is at +3.80% from its lowest and at -1.64% from its highest.0.803400
0.847800
0.833900
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of THE GRAPH - GRT/USD indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.492800 | 0.727882 | 0.833900 | 0.854900 | 1.069500 | 1.340000 |
| Change (%) | -40.90% | -12.71% | - | +2.52% | +28.25% | +60.69% |
| Change | -0.341100 | -0.106018 | - | +0.021000 | +0.235600 | +0.506100 |
| Level | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.737233 | 0.772067 | 0.795333 | 0.830167 | 0.853433 | 0.888267 | 0.911533 |
| Camarilla | 0.802623 | 0.807948 | 0.813274 | 0.818600 | 0.823926 | 0.829252 | 0.834578 |
| Woodie | 0.731450 | 0.769175 | 0.789550 | 0.827275 | 0.847650 | 0.885375 | 0.905750 |
| Fibonacci | 0.772067 | 0.794261 | 0.807973 | 0.830167 | 0.852361 | 0.866073 | 0.888267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.394267 | 0.570833 | 0.722867 | 0.899433 | 1.051467 | 1.228033 | 1.380067 |
| Camarilla | 0.784535 | 0.814657 | 0.844778 | 0.874900 | 0.905022 | 0.935143 | 0.965265 |
| Woodie | 0.382000 | 0.564700 | 0.710600 | 0.893300 | 1.039200 | 1.221900 | 1.367800 |
| Fibonacci | 0.570833 | 0.696359 | 0.773908 | 0.899433 | 1.024959 | 1.102508 | 1.228033 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.145233 | 0.381767 | 0.617933 | 0.854467 | 1.090633 | 1.327167 | 1.563333 |
| Camarilla | 0.724108 | 0.767438 | 0.810769 | 0.854100 | 0.897431 | 0.940762 | 0.984093 |
| Woodie | 0.145050 | 0.381675 | 0.617750 | 0.854375 | 1.090450 | 1.327075 | 1.563150 |
| Fibonacci | 0.381767 | 0.562338 | 0.673895 | 0.854467 | 1.035038 | 1.146595 | 1.327167 |
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): | 46.77 | |
| MACD (12,26,9): | -0.0077 | |
| Directional Movement: | 1.865519 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.872753 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.967349 | |
| Elder Ray (13): | -0.041734 | |
| Super Trend (3,10): | 0.759453 | |
| Zig ZAG (10): | 0.831200 | |
| VORTEX (21): | 0.9549 | |
| Stochastique (14,3,5): | 26.65 | |
| TEMA (21): | 0.836474 | |
| Williams %R (14): | -74.86 | |
| Chande Momentum Oscillator (20): | -0.235000 | |
| Repulse (5,40,3): | -3.8893 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0472 | |
| Courbe Coppock: | 13.81 |
| MA7: | 0.862614 | |
| MA20: | 0.885755 | |
| MA50: | 0.857188 | |
| MA100: | 0.732301 | |
| MAexp7: | 0.853468 | |
| MAexp20: | 0.874633 | |
| MAexp50: | 0.847988 | |
| MAexp100: | 0.852888 | |
| Price / MA7: | -3.33% | |
| Price / MA20: | -5.85% | |
| Price / MA50: | -2.72% | |
| Price / MA100: | +13.87% | |
| Price / MAexp7: | -2.29% | |
| Price / MAexp20: | -4.66% | |
| Price / MAexp50: | -1.66% | |
| Price / MAexp100: | -2.23% |
Quotes :
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Real time data
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