STACKS - STX/USDT - 1H - Technical analysis published on 02/22/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 0.699200 USDT
My targets
0.766300 USDT (+7.08%)
0.826300 USDT (+15.47%)
My analysis
STACKS - STX/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.699200 USDT. The next resistance located at 0.766300 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.826300 USDT. After this resistance, buyers could then target 1.133000 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
STACKS - STX/USDT rating 0.715600 USDT. The price has increased by +10.01% since the last closing with the lowest point at 0.633800 USDT and the highest point at 0.868500 USDT. The deviation from the price is +12.91% for the low point and -17.61% for the high point.0.633800
0.868500
0.715600
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on STACKS - STX/USDT were detected by the Central Volumes scanner:
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 scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.509267 | 0.587100 | 0.699200 | 0.715600 | 0.766300 | 0.826300 | 1.133000 |
| Change (%) | -28.83% | -17.96% | -2.29% | - | +7.08% | +15.47% | +58.33% |
| Change | -0.206333 | -0.128500 | -0.016400 | - | +0.050700 | +0.110700 | +0.417400 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | Minor |
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 | 0.390267 | 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.20 | |
| MACD (12,26,9): | 0.0204 | |
| Directional Movement: | 14.357301 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.742815 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.862311 | |
| Elder Ray (13): | -0.001915 | |
| Super Trend (3,10): | 0.662383 | |
| Zig ZAG (10): | 0.717300 | |
| VORTEX (21): | 1.0720 | |
| Stochastique (14,3,5): | 37.03 | |
| TEMA (21): | 0.745385 | |
| Williams %R (14): | -64.51 | |
| Chande Momentum Oscillator (20): | 0.066100 | |
| Repulse (5,40,3): | -3.0272 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.4748 | |
| Courbe Coppock: | 21.02 |
| MA7: | 0.523786 | |
| MA20: | 0.379735 | |
| MA50: | 0.308686 | |
| MA100: | 0.274512 | |
| MAexp7: | 0.730448 | |
| MAexp20: | 0.715436 | |
| MAexp50: | 0.673122 | |
| MAexp100: | 0.602872 | |
| Price / MA7: | +36.62% | |
| Price / MA20: | +88.45% | |
| Price / MA50: | +131.82% | |
| Price / MA100: | +160.68% | |
| Price / MAexp7: | -2.03% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +6.31% | |
| Price / MAexp100: | +18.70% |
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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