STRATIS - STRAX/USDT
STRATIS - STRAX/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: STRAXUSDT
ISIN:

STRATIS - STRAX/USDT - 1H - Technical analysis published on 12/17/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.22 USDT
My targets
1.36 USDT (+8.80%)
1.43 USDT (+14.40%)
My analysis
The basic bullish trend is very strong on STRATIS - STRAX/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1.22 USDT. Crossing the first resistance at 1.36 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1.43 USDT as an objective. Crossing it would then enable buyers to target 2.94 USDT. Caution, a return to below 1.22 USDT would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6

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 MOHAMMED ALAMERI.

Additional analysis

Quotes

The STRATIS - STRAX/USDT rating is 1.25 USDT. The price has increased by +11.61% since the last closing and was traded between 1.12 USDT and 1.25 USDT over the period. The price is currently at +11.61% from its lowest and 0% from its highest.

1.12
1.25
1.25

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


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:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of STRATIS - STRAX/USDT in 1H shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

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 a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.15 1.19 1.22 1.25 1.43 2.94 3.75
Change (%) -8.00% -4.80% -2.40% - +14.40% +135.20% +200.00%
Change -0.10 -0.06 -0.03 - +0.18 +1.69 +2.50
Level Major Minor Minor - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.041.071.091.121.141.171.19
Camarilla1.111.111.121.121.131.131.13
Woodie1.051.071.101.121.151.171.20
Fibonacci1.071.091.101.121.141.151.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.720.840.981.101.241.361.50
Camarilla1.051.071.101.121.141.171.19
Woodie0.730.850.991.111.251.371.51
Fibonacci0.840.941.001.101.201.261.36


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.320.570.781.031.241.491.70
Camarilla0.870.920.961.001.041.081.13
Woodie0.310.560.771.021.231.481.69
Fibonacci0.570.740.851.031.201.311.49

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 80.55
MACD (12,26,9): 0.0200
Directional Movement: 44.03
AROON (14): 78.57
DEMA (21): 1.17
Parabolic SAR (0,02-0,02-0,2): 1.13
Elder Ray (13): 0.07
Super Trend (3,10): 1.17
Zig ZAG (10): 1.23
VORTEX (21): 1.2800
Stochastique (14,3,5): 90.17
TEMA (21): 1.19
Williams %R (14): -13.36
Chande Momentum Oscillator (20): 0.11
Repulse (5,40,3): 5.3700
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 10.53
MA7: 1.11
MA20: 1.09
MA50: 1.00
MA100: 0.80
MAexp7: 1.19
MAexp20: 1.15
MAexp50: 1.14
MAexp100: 1.12
Price / MA7: +12.61%
Price / MA20: +14.68%
Price / MA50: +25.00%
Price / MA100: +56.25%
Price / MAexp7: +5.04%
Price / MAexp20: +8.70%
Price / MAexp50: +9.65%
Price / MAexp100: +11.61%

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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