STACKS - STX/USDT - 15 min. - Technical analysis published on 02/22/2023 (GMT)
- 163
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.667933 USDT
My targets
0.748867 USDT (+1.18%)
0.847233 USDT (+14.48%)
My analysis
The basic bullish trend is very strong on STACKS - STX/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.667933 USDT. Crossing the first resistance at 0.748867 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.847233 USDT as an objective. Crossing it would then enable buyers to target 0.928167 USDT. Caution, a return to below 0.667933 USDT would be a sign of a consolidation phase in the short-term basic trend. 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.
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
7
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 Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STACKS - STX/USDT price is 0.740100 USDT. The price has increased by +13.77% 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 +16.77% for the low point and -14.78% for the high point.0.633800
0.868500
0.740100
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 this 15 min. chart of STACKS - STX/USDT indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
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:
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
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 : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.509267 | 0.587100 | 0.699200 | 0.740100 | 0.766300 | 0.826300 | 1.133000 |
| Change (%) | -31.19% | -20.67% | -5.53% | - | +3.54% | +11.65% | +53.09% |
| Change | -0.230833 | -0.153000 | -0.040900 | - | +0.026200 | +0.086200 | +0.392900 |
| 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.18 | |
| MACD (12,26,9): | -0.0021 | |
| Directional Movement: | 9.907142 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.727409 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.706076 | |
| Elder Ray (13): | 0.013794 | |
| Super Trend (3,10): | 0.753272 | |
| Zig ZAG (10): | 0.740100 | |
| VORTEX (21): | 1.0221 | |
| Stochastique (14,3,5): | 87.56 | |
| TEMA (21): | 0.723001 | |
| Williams %R (14): | -22.22 | |
| Chande Momentum Oscillator (20): | 0.022400 | |
| Repulse (5,40,3): | 1.6424 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1127 | |
| Courbe Coppock: | 0.38 |
| MA7: | 0.526914 | |
| MA20: | 0.380675 | |
| MA50: | 0.309060 | |
| MA100: | 0.274698 | |
| MAexp7: | 0.731361 | |
| MAexp20: | 0.730718 | |
| MAexp50: | 0.726648 | |
| MAexp100: | 0.708431 | |
| Price / MA7: | +40.46% | |
| Price / MA20: | +94.42% | |
| Price / MA50: | +139.47% | |
| Price / MA100: | +169.42% | |
| Price / MAexp7: | +1.19% | |
| Price / MAexp20: | +1.28% | |
| Price / MAexp50: | +1.85% | |
| Price / MAexp100: | +4.47% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis STACKS - STX/USDT - 15 min.