MATH - MATH/USD - 1H - Technical analysis published on 04/01/2024 (GMT)
- 194
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 0.199958 USD
My targets
0.210000 USD (+1.35%)
0.220700 USD (+6.52%)
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 0.199958 USD remains possible. It is advisable to trade MATH - MATH/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.199958 USD. The next bullish objective for buyers is set at 0.210000 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.220700 USD. If there is any crossing, the next objective would be the resistance located at 0.225300 USD. PS: if there is a bearish break in the support located at 0.199958 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.3
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
MATH - MATH/USD rating 0.207200 USD. The price is lower by -0.05% since the last closing and was between 0.206400 USD and 0.208800 USD. This implies that the price is at +0.39% from its lowest and at -0.77% from its highest.0.206400
0.208800
0.207200
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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:
Technical
Technical analysis of this 1H chart of MATH - MATH/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.189690 | 0.193500 | 0.199958 | 0.207200 | 0.210000 | 0.220700 | 0.225300 |
| Change (%) | -8.45% | -6.61% | -3.50% | - | +1.35% | +6.52% | +8.74% |
| Change | -0.017510 | -0.013700 | -0.007242 | - | +0.002800 | +0.013500 | +0.018100 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.188500 | 0.194900 | 0.201100 | 0.207500 | 0.213700 | 0.220100 | 0.226300 |
| Camarilla | 0.203835 | 0.204990 | 0.206145 | 0.207300 | 0.208455 | 0.209610 | 0.210765 |
| Woodie | 0.188400 | 0.194850 | 0.201000 | 0.207450 | 0.213600 | 0.220050 | 0.226200 |
| Fibonacci | 0.194900 | 0.199713 | 0.202687 | 0.207500 | 0.212313 | 0.215287 | 0.220100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.140400 | 0.162700 | 0.182600 | 0.204900 | 0.224800 | 0.247100 | 0.267000 |
| Camarilla | 0.190895 | 0.194763 | 0.198632 | 0.202500 | 0.206368 | 0.210237 | 0.214105 |
| Woodie | 0.139200 | 0.162100 | 0.181400 | 0.204300 | 0.223600 | 0.246500 | 0.265800 |
| Fibonacci | 0.162700 | 0.178820 | 0.188780 | 0.204900 | 0.221020 | 0.230980 | 0.247100 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038333 | 0.109167 | 0.158233 | 0.229067 | 0.278133 | 0.348967 | 0.398033 |
| Camarilla | 0.174328 | 0.185318 | 0.196309 | 0.207300 | 0.218291 | 0.229282 | 0.240273 |
| Woodie | 0.027450 | 0.103725 | 0.147350 | 0.223625 | 0.267250 | 0.343525 | 0.387150 |
| Fibonacci | 0.109167 | 0.154969 | 0.183265 | 0.229067 | 0.274869 | 0.303165 | 0.348967 |
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): | 54.42 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 0.884094 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.209091 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.205900 | |
| Elder Ray (13): | 0.000508 | |
| Super Trend (3,10): | 0.200842 | |
| Zig ZAG (10): | 0.208800 | |
| VORTEX (21): | 0.9899 | |
| Stochastique (14,3,5): | 35.43 | |
| TEMA (21): | 0.208438 | |
| Williams %R (14): | -46.30 | |
| Chande Momentum Oscillator (20): | 0.001500 | |
| Repulse (5,40,3): | -0.5935 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0651 | |
| Courbe Coppock: | 1.09 |
| MA7: | 0.202357 | |
| MA20: | 0.213155 | |
| MA50: | 0.202752 | |
| MA100: | 0.195692 | |
| MAexp7: | 0.208295 | |
| MAexp20: | 0.208041 | |
| MAexp50: | 0.206033 | |
| MAexp100: | 0.204221 | |
| Price / MA7: | +2.39% | |
| Price / MA20: | -2.79% | |
| Price / MA50: | +2.19% | |
| Price / MA100: | +5.88% | |
| Price / MAexp7: | -0.53% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | +0.57% | |
| Price / MAexp100: | +1.46% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis MATH - MATH/USD - 1H