WAZIRX - WRX/USD
WAZIRX - WRX/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: WRXUSD
ISIN:

WAZIRX - WRX/USD - 1H - Technical analysis published on 04/04/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bearish
Technical indicators
22%
28%
50%
My opinion
Bearish under 0.210000 USD
My targets
0.193353 USD (-3.32%)
0.166667 USD (-16.67%)
My analysis
In a bearish trend, the price of WAZIRX - WRX/USD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.210000 USD. A bearish break in the support located at 0.193353 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.166667 USD. Then 0.160000 USD by extension. It would be safer to wait for a bearish break in the support located at 0.193353 USD before allowing yourself to re trade short positions (for sale) on WAZIRX - WRX/USD. PS: if there is a bullish break in the resistance located at 0.210000 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
0.9

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.

Additional analysis

Quotes

The WAZIRX - WRX/USD price is 0.200000 USD. The price has increased by +5.26% since the last closing with the lowest point at 0.180000 USD and the highest point at 0.200000 USD. The deviation from the price is +11.11% for the low point and 0% for the high point.

0.180000
0.200000
0.200000

Here is a more detailed summary of the historical variations registered by WAZIRX - WRX/USD:

Technical


Technical analysis of WAZIRX - WRX/USD in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 9 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

MACD indicator is back over 0

Type : Bullish

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:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.130000 0.160000 0.193353 0.200000 0.210000 0.230000 0.250000
Change (%) -35.00% -20.00% -3.32% - +5.00% +15.00% +25.00%
Change -0.070000 -0.040000 -0.006647 - +0.010000 +0.030000 +0.050000
Level Intermediate Major Major - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1433330.1566670.1733330.1866670.2033330.2166670.233333
Camarilla0.1817500.1845000.1872500.1900000.1927500.1955000.198250
Woodie0.1450000.1575000.1750000.1875000.2050000.2175000.235000
Fibonacci0.1566670.1681270.1752070.1866670.1981270.2052070.216667


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0400000.0400000.1200000.2000000.2800000.3600000.440000
Camarilla0.1560000.1706670.1853330.2000000.2146670.2293330.244000
Woodie-0.0400000.0400000.1200000.2000000.2800000.3600000.440000
Fibonacci0.0400000.1011200.1388800.2000000.2611200.2988800.360000


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0066670.0633330.1666670.2233330.3266670.3833330.486667
Camarilla0.2260000.2406670.2553330.2700000.2846670.2993330.314000
Woodie0.0300000.0750000.1900000.2350000.3500000.3950000.510000
Fibonacci0.0633330.1244530.1622130.2233330.2844530.3222130.383333

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): 49.12
MACD (12,26,9): -0.0007
Directional Movement: -3.968693
AROON (14): -7.142857
DEMA (21): 0.189627
Parabolic SAR (0,02-0,02-0,2): 0.171764
Elder Ray (13): -0.000282
Super Trend (3,10): 0.147838
Zig ZAG (10): 0.190000
VORTEX (21): 1.0250
Stochastique (14,3,5): 66.67
TEMA (21): 0.190436
Williams %R (14): -33.33
Chande Momentum Oscillator (20): 0.000000
Repulse (5,40,3): 3.6097
ROCnROLL: 2
TRIX (15,9): -0.0363
Courbe Coppock: 3.95
MA7: 0.194286
MA20: 0.179500
MA50: 0.183800
MA100: 0.177300
MAexp7: 0.190040
MAexp20: 0.190614
MAexp50: 0.193956
MAexp100: 0.197073
Price / MA7: +2.94%
Price / MA20: +11.42%
Price / MA50: +8.81%
Price / MA100: +12.80%
Price / MAexp7: +5.24%
Price / MAexp20: +4.92%
Price / MAexp50: +3.12%
Price / MAexp100: +1.49%

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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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…

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