STACKS - STX/USDT - 1H - Technical analysis published on 02/22/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.766300 USDT
My targets
0.826300 USDT (+6.29%)
1.133000 USDT (+45.74%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STACKS - STX/USDT as long as the price remains well above 0.766300 USDT. The buyers' bullish objective is set at 0.826300 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.133000 USDT. If there is any crossing, the next objective would be the resistance located at 1.531000 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
9.1
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STACKS - STX/USDT rating is 0.777400 USDT. The price has increased by +19.51% since the last closing and was traded between 0.633800 USDT and 0.831600 USDT over the period. The price is currently at +22.66% from its lowest and -6.52% from its highest.0.633800
0.831600
0.777400
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by STACKS - STX/USDT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of STACKS - STX/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
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:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.587100 | 0.699200 | 0.766300 | 0.777400 | 0.826300 | 1.133000 | 1.531000 |
| Change (%) | -24.48% | -10.06% | -1.43% | - | +6.29% | +45.74% | +96.94% |
| Change | -0.190300 | -0.078200 | -0.011100 | - | +0.048900 | +0.355600 | +0.753600 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.390267 | 0.488633 | 0.569567 | 0.667933 | 0.748867 | 0.847233 | 0.928167 |
| Camarilla | 0.601193 | 0.617628 | 0.634064 | 0.650500 | 0.666936 | 0.683372 | 0.699808 |
| Woodie | 0.381550 | 0.484275 | 0.560850 | 0.663575 | 0.740150 | 0.842875 | 0.919450 |
| Fibonacci | 0.488633 | 0.557126 | 0.599441 | 0.667933 | 0.736426 | 0.778741 | 0.847233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.198567 | 0.241333 | 0.311067 | 0.353833 | 0.423567 | 0.466333 | 0.536067 |
| Camarilla | 0.349863 | 0.360175 | 0.370488 | 0.380800 | 0.391113 | 0.401425 | 0.411738 |
| Woodie | 0.212050 | 0.248075 | 0.324550 | 0.360575 | 0.437050 | 0.473075 | 0.549550 |
| Fibonacci | 0.241333 | 0.284308 | 0.310858 | 0.353833 | 0.396808 | 0.423358 | 0.466333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.129800 | 0.170500 | 0.223200 | 0.263900 | 0.316600 | 0.357300 | 0.410000 |
| Camarilla | 0.250215 | 0.258777 | 0.267338 | 0.275900 | 0.284462 | 0.293023 | 0.301585 |
| Woodie | 0.135800 | 0.173500 | 0.229200 | 0.266900 | 0.322600 | 0.360300 | 0.416000 |
| Fibonacci | 0.170500 | 0.206179 | 0.228221 | 0.263900 | 0.299579 | 0.321621 | 0.357300 |
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): | 71.33 | |
| MACD (12,26,9): | 0.0196 | |
| Directional Movement: | 23.200086 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.706512 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.625727 | |
| Elder Ray (13): | 0.065999 | |
| Super Trend (3,10): | 0.646950 | |
| Zig ZAG (10): | 0.794700 | |
| VORTEX (21): | 1.1712 | |
| Stochastique (14,3,5): | 82.69 | |
| TEMA (21): | 0.714279 | |
| Williams %R (14): | -5.17 | |
| Chande Momentum Oscillator (20): | 0.120300 | |
| Repulse (5,40,3): | 16.1043 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1959 | |
| Courbe Coppock: | 16.78 |
| MA7: | 0.534386 | |
| MA20: | 0.382670 | |
| MA50: | 0.309856 | |
| MA100: | 0.275095 | |
| MAexp7: | 0.714824 | |
| MAexp20: | 0.682249 | |
| MAexp50: | 0.645593 | |
| MAexp100: | 0.577882 | |
| Price / MA7: | +45.48% | |
| Price / MA20: | +103.15% | |
| Price / MA50: | +150.89% | |
| Price / MA100: | +182.59% | |
| Price / MAexp7: | +8.73% | |
| Price / MAexp20: | +13.92% | |
| Price / MAexp50: | +20.39% | |
| Price / MAexp100: | +34.49% |
Quotes :
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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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