YEARN.FINANCE - YFI/USDT - 1H - Technical analysis published on 03/06/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 9,787.94 USDT and 10,457.90 USDT
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 9,787.94 USDT. The first resistance is located at 10,457.90 USDT. A very slight advantage is given by the slightly bearish basic trend so that the support 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 could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
YEARN.FINANCE - YFI/USDT rating 10,120.52 USDT. The price is lower by -0.64% since the last closing with the lowest point at 9,827.96 USDT and the highest point at 10,281.68 USDT. The deviation from the price is +2.98% for the low point and -1.57% for the high point.9,827.96
10,281.68
10,120.52
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of YEARN.FINANCE - YFI/USDT indicates that the overall trend is slightly bearish. 60.71% 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 scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7,883.93 | 8,611.03 | 9,787.94 | 10,120.52 | 10,457.90 | 11,176.00 | 11,506.60 |
| Change (%) | -22.10% | -14.92% | -3.29% | - | +3.33% | +10.43% | +13.70% |
| Change | -2,236.59 | -1,509.49 | -332.58 | - | +337.38 | +1,055.48 | +1,386.08 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 9,434.00 | 9,711.03 | 9,948.29 | 10,225.32 | 10,462.58 | 10,739.61 | 10,976.87 |
| Camarilla | 10,044.13 | 10,091.27 | 10,138.42 | 10,185.56 | 10,232.70 | 10,279.85 | 10,326.99 |
| Woodie | 9,414.13 | 9,701.09 | 9,928.42 | 10,215.38 | 10,442.71 | 10,729.67 | 10,957.00 |
| Fibonacci | 9,711.03 | 9,907.49 | 10,028.86 | 10,225.32 | 10,421.78 | 10,543.15 | 10,739.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,668.70 | 8,599.54 | 9,314.29 | 10,245.13 | 10,959.88 | 11,890.72 | 12,605.47 |
| Camarilla | 9,576.50 | 9,727.35 | 9,878.19 | 10,029.04 | 10,179.89 | 10,330.73 | 10,481.58 |
| Woodie | 7,560.66 | 8,545.52 | 9,206.25 | 10,191.11 | 10,851.84 | 11,836.70 | 12,497.43 |
| Fibonacci | 8,599.54 | 9,228.16 | 9,616.52 | 10,245.13 | 10,873.75 | 11,262.11 | 11,890.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,959.25 | 5,779.75 | 7,056.08 | 7,876.58 | 9,152.91 | 9,973.41 | 11,249.74 |
| Camarilla | 7,755.79 | 7,948.00 | 8,140.21 | 8,332.42 | 8,524.63 | 8,716.84 | 8,909.05 |
| Woodie | 5,187.18 | 5,893.71 | 7,284.01 | 7,990.54 | 9,380.84 | 10,087.37 | 11,477.67 |
| Fibonacci | 5,779.75 | 6,580.74 | 7,075.59 | 7,876.58 | 8,677.57 | 9,172.42 | 9,973.41 |
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): | 52.37 | |
| MACD (12,26,9): | -36.7700 | |
| Directional Movement: | 9.15 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 10,032.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,854.00 | |
| Elder Ray (13): | 69.27 | |
| Super Trend (3,10): | 10,231.32 | |
| Zig ZAG (10): | 10,115.79 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 59.82 | |
| TEMA (21): | 10,044.22 | |
| Williams %R (14): | -35.36 | |
| Chande Momentum Oscillator (20): | 14.87 | |
| Repulse (5,40,3): | 0.5400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 1.79 |
| MA7: | 10,017.81 | |
| MA20: | 8,254.46 | |
| MA50: | 7,635.61 | |
| MA100: | 6,830.02 | |
| MAexp7: | 10,071.43 | |
| MAexp20: | 10,087.45 | |
| MAexp50: | 10,172.84 | |
| MAexp100: | 10,156.10 | |
| Price / MA7: | +1.03% | |
| Price / MA20: | +22.61% | |
| Price / MA50: | +32.54% | |
| Price / MA100: | +48.18% | |
| Price / MAexp7: | +0.49% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | -0.51% | |
| Price / MAexp100: | -0.35% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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