THE GRAPH - GRT/USD
THE GRAPH - GRT/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: GRTUSD
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THE GRAPH - GRT/USD - Daily - Technical analysis published on 04/30/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
11%
56%
33%
My opinion
Bearish under 0.147478 USD
My targets
0.130036 USD (-4.82%)
0.114900 USD (-15.90%)
My analysis
The strong short-term decrease of THE GRAPH - GRT/USD should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 0.147478 USD, a sale could be considered. The first bearish objective is located at 0.130036 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 0.114900 USD. If there is any crossing, the next objective would be support 0.072289 USD. Caution, if there is a return to above 0.147478 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.5

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 Thebody96. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The THE GRAPH - GRT/USD price is 0.136622 USD. The price registered a decrease of -1.78% on the session and was traded between 0.136209 USD and 0.139099 USD over the period. The price is currently at +0.30% from its lowest and -1.78% from its highest.

0.136209
0.139099
0.136622

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this THE GRAPH - GRT/USD chart shows a neutral trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.072289 0.114900 0.134012 0.136622 0.147478 0.172352 0.184921
Change (%) -47.09% -15.90% -1.91% - +7.95% +26.15% +35.35%
Change -0.064333 -0.021722 -0.002610 - +0.010856 +0.035730 +0.048299
Level Minor Intermediate Major - Intermediate Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1321970.1343640.1367300.1388970.1412630.1434300.145796
Camarilla0.1378500.1382660.1386820.1390970.1395130.1399280.140344
Woodie0.1322980.1344140.1368310.1389470.1413640.1434800.145897
Fibonacci0.1343640.1360950.1371650.1388970.1406280.1416980.143430


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1116800.1209760.1300360.1393320.1483920.1576880.166748
Camarilla0.1340490.1357320.1374140.1390970.1407800.1424620.144145
Woodie0.1115630.1209170.1299190.1392730.1482750.1576290.166631
Fibonacci0.1209760.1279880.1323200.1393320.1463440.1506760.157688


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0497020.0808140.1131570.1442690.1766120.2077240.240067
Camarilla0.1280490.1338660.1396820.1454990.1513160.1571320.162949
Woodie0.0503170.0811220.1137720.1445770.1772270.2080320.240682
Fibonacci0.0808140.1050540.1200300.1442690.1685090.1834850.207724

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): 43.12
MACD (12,26,9): -0.0030
Directional Movement: -2.366920
AROON (14): -50.000000
DEMA (21): 0.141039
Parabolic SAR (0,02-0,02-0,2): 0.160013
Elder Ray (13): -0.004514
Super Trend (3,10): 0.165271
Zig ZAG (10): 0.136933
VORTEX (21): 0.9864
Stochastique (14,3,5): 16.27
TEMA (21): 0.137373
Williams %R (14): -85.28
Chande Momentum Oscillator (20): -0.032911
Repulse (5,40,3): -2.1405
ROCnROLL: 2
TRIX (15,9): -0.1094
Courbe Coppock: 25.33
MA7: 0.138484
MA20: 0.148385
MA50: 0.146608
MA100: 0.141103
MAexp7: 0.139338
MAexp20: 0.144003
MAexp50: 0.144076
MAexp100: 0.135078
Price / MA7: -1.34%
Price / MA20: -7.93%
Price / MA50: -6.81%
Price / MA100: -3.18%
Price / MAexp7: -1.95%
Price / MAexp20: -5.13%
Price / MAexp50: -5.17%
Price / MAexp100: +1.14%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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