BALANCER - BAL/USD - 1H - Technical analysis published on 11/16/2022 (GMT)
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- Timeframe : 1H
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- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
17%
39%
44%
My opinion
Neutral between 5.38 USD and 5.60 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 5.60 USD. The first support is located at 5.38 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.
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
BALANCER - BAL/USD rating 5.47 USD. The price is lower by -0.18% since the last closing and was between 5.43 USD and 5.51 USD. This implies that the price is at +0.74% from its lowest and at -0.73% from its highest.5.43
5.51
5.47
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 BALANCER - BAL/USD indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 4.61 | 5.03 | 5.38 | 5.47 | 5.60 | 6.12 | 6.39 |
| Change (%) | -15.72% | -8.04% | -1.65% | - | +2.38% | +11.88% | +16.82% |
| Change | -0.86 | -0.44 | -0.09 | - | +0.13 | +0.65 | +0.92 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 5.13 | 5.25 | 5.37 | 5.49 | 5.61 | 5.73 | 5.85 |
| Camarilla | 5.41 | 5.44 | 5.46 | 5.48 | 5.50 | 5.52 | 5.55 |
| Woodie | 5.12 | 5.25 | 5.36 | 5.49 | 5.60 | 5.73 | 5.84 |
| Fibonacci | 5.25 | 5.35 | 5.40 | 5.49 | 5.59 | 5.64 | 5.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.70 | 3.16 | 4.24 | 5.70 | 6.78 | 8.24 | 9.32 |
| Camarilla | 4.63 | 4.86 | 5.10 | 5.33 | 5.56 | 5.80 | 6.03 |
| Woodie | 1.52 | 3.07 | 4.06 | 5.61 | 6.60 | 8.15 | 9.14 |
| Fibonacci | 3.16 | 4.13 | 4.73 | 5.70 | 6.67 | 7.27 | 8.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.54 | 3.55 | 5.20 | 6.21 | 7.86 | 8.87 | 10.52 |
| Camarilla | 6.11 | 6.35 | 6.60 | 6.84 | 7.08 | 7.33 | 7.57 |
| Woodie | 2.85 | 3.71 | 5.51 | 6.37 | 8.17 | 9.03 | 10.83 |
| Fibonacci | 3.55 | 4.57 | 5.20 | 6.21 | 7.23 | 7.86 | 8.87 |
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): | 50.51 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 0.46 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 5.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.55 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 5.37 | |
| Zig ZAG (10): | 5.48 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 40.69 | |
| TEMA (21): | 5.48 | |
| Williams %R (14): | -57.92 | |
| Chande Momentum Oscillator (20): | -0.08 | |
| Repulse (5,40,3): | 0.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.83 |
| MA7: | 5.45 | |
| MA20: | 6.16 | |
| MA50: | 5.76 | |
| MA100: | 6.08 | |
| MAexp7: | 5.47 | |
| MAexp20: | 5.47 | |
| MAexp50: | 5.44 | |
| MAexp100: | 5.45 | |
| Price / MA7: | +0.37% | |
| Price / MA20: | -11.20% | |
| Price / MA50: | -5.03% | |
| Price / MA100: | -10.03% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.55% | |
| Price / MAexp100: | +0.37% |
Quotes :
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Real time data
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