SUN - SUN/USDT
SUN - SUN/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
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Type: Cryptocurrencies
Ticker: SUNUSDT
ISIN:

SUN - SUN/USDT - 1H - Technical analysis published on 09/09/2024 (GMT)

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  • 09/09/2024 - 17:17
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  • Timeframe : 1H
  • - Analysis generated on 09/09/2024 - 17:17
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.026358 USDT
My targets
0.030082 USDT (+7.75%)
0.032450 USDT (+16.23%)
My analysis
The bullish trend is currently very strong on SUN TOKEN - SUN/USDT. As long as the price remains above the support at 0.026358 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.030082 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.032450 USDT as an objective. Crossing it would then enable buyers to target 0.038488 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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
7.9

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 Mayvenate. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The SUN TOKEN - SUN/USDT price is 0.027918 USDT. On the day, this instrument gained +0.05% and was traded between 0.026668 USDT and 0.028087 USDT over the period. The price is currently at +4.69% from its lowest and -0.60% from its highest.

0.026668
0.028087
0.027918

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-1500150300450January 1st3 years1 year6 months1 month5 daysToday
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of SUN TOKEN - SUN/USDT indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.017190 0.024541 0.026358 0.027918 0.030119 0.032450 0.038488
Change (%) -38.43% -12.10% -5.59% - +7.88% +16.23% +37.86%
Change -0.010728 -0.003377 -0.001560 - +0.002201 +0.004532 +0.010570
Level Major Intermediate Intermediate - Intermediate Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0241820.0251150.0265100.0274430.0288380.0297710.031166
Camarilla0.0272640.0274770.0276910.0279040.0281170.0283310.028544
Woodie0.0244120.0252310.0267400.0275590.0290680.0298870.031396
Fibonacci0.0251150.0260050.0265540.0274430.0283330.0288820.029771


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0083470.0166560.0217730.0300820.0351990.0435080.048625
Camarilla0.0231990.0244300.0256600.0268910.0281220.0293520.030583
Woodie0.0067520.0158580.0201780.0292840.0336040.0427100.047030
Fibonacci0.0166560.0217840.0249530.0300820.0352100.0383790.043508


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.021895-0.0069320.0146670.0296300.0512290.0661920.087791
Camarilla0.0262130.0295640.0329160.0362670.0396190.0429700.046322
Woodie-0.018576-0.0052730.0179860.0312890.0545480.0678510.091110
Fibonacci-0.0069320.0070340.0156630.0296300.0435960.0522250.066192

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Buy15
Moving averages
Created with Raphaël 2.3.0Buy24

RSI (14): 61.22
MACD (12,26,9): 0.0001
Directional Movement: 14.135207
AROON (14): 14.285714
DEMA (21): 0.027424
Parabolic SAR (0,02-0,02-0,2): 0.026696
Elder Ray (13): 0.000494
Super Trend (3,10): 0.026670
Zig ZAG (10): 0.027808
VORTEX (21): 1.1508
Stochastique (14,3,5): 63.69
TEMA (21): 0.027437
Williams %R (14): -14.94
Chande Momentum Oscillator (20): 0.000701
Repulse (5,40,3): 3.0518
ROCnROLL: 1
TRIX (15,9): 0.0603
Courbe Coppock: 1.68
MA7: 0.027330
MA20: 0.030041
MA50: 0.018051
MA100: 0.015005
MAexp7: 0.027433
MAexp20: 0.027277
MAexp50: 0.027089
MAexp100: 0.027359
Price / MA7: +2.15%
Price / MA20: -7.07%
Price / MA50: +54.66%
Price / MA100: +86.06%
Price / MAexp7: +1.77%
Price / MAexp20: +2.35%
Price / MAexp50: +3.06%
Price / MAexp100: +2.04%

Quotes : 09/09/2024 - 17:16 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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