STACKS - STX/USDT - 1H - Technical analysis published on 03/08/2023 (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 bearish
Underlying:
Strongly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 0.715985 USDT
My targets
0.661100 USDT (-1.91%)
0.616667 USDT (-8.51%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on STACKS - STX/USDT as long as the price remains well below 0.715985 USDT. The sellers' bearish objective is set at 0.661100 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.616667 USDT. In case of crossing, the next objective would be the support located at 0.587100 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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Additional analysis
Quotes
STACKS - STX/USDT rating 0.674000 USDT. The price registered a decrease of -0.19% on the session and was between 0.670000 USDT and 0.681300 USDT. This implies that the price is at +0.60% from its lowest and at -1.07% from its highest.0.670000
0.681300
0.674000
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of STACKS - STX/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.319589 | 0.587100 | 0.661100 | 0.674000 | 0.715985 | 0.759453 | 0.813833 |
| Change (%) | -52.58% | -12.89% | -1.91% | - | +6.23% | +12.68% | +20.75% |
| Change | -0.354411 | -0.086900 | -0.012900 | - | +0.041985 | +0.085453 | +0.139833 |
| Level | Major | Major | Minor | - | Major | 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 | 0.534367 | 0.594233 | 0.634767 | 0.694633 | 0.735167 | 0.795033 | 0.835567 |
| Camarilla | 0.647690 | 0.656893 | 0.666097 | 0.675300 | 0.684503 | 0.693707 | 0.702910 |
| Woodie | 0.524700 | 0.589400 | 0.625100 | 0.689800 | 0.725500 | 0.790200 | 0.825900 |
| Fibonacci | 0.594233 | 0.632586 | 0.656281 | 0.694633 | 0.732986 | 0.756681 | 0.795033 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.297167 | 0.505333 | 0.616667 | 0.824833 | 0.936167 | 1.144333 | 1.255667 |
| Camarilla | 0.640138 | 0.669425 | 0.698713 | 0.728000 | 0.757288 | 0.786575 | 0.815863 |
| Woodie | 0.248750 | 0.481125 | 0.568250 | 0.800625 | 0.887750 | 1.120125 | 1.207250 |
| Fibonacci | 0.505333 | 0.627382 | 0.702784 | 0.824833 | 0.946882 | 1.022284 | 1.144333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.220600 | 0.022900 | 0.381500 | 0.625000 | 0.983600 | 1.227100 | 1.585700 |
| Camarilla | 0.574523 | 0.629715 | 0.684908 | 0.740100 | 0.795293 | 0.850485 | 0.905678 |
| Woodie | -0.163050 | 0.051675 | 0.439050 | 0.653775 | 1.041150 | 1.255875 | 1.643250 |
| Fibonacci | 0.022900 | 0.252902 | 0.394998 | 0.625000 | 0.855002 | 0.997098 | 1.227100 |
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): | 38.51 | |
| MACD (12,26,9): | -0.0158 | |
| Directional Movement: | -5.378167 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.666825 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.654594 | |
| Elder Ray (13): | -0.001703 | |
| Super Trend (3,10): | 0.699889 | |
| Zig ZAG (10): | 0.679900 | |
| VORTEX (21): | 0.7733 | |
| Stochastique (14,3,5): | 41.80 | |
| TEMA (21): | 0.660940 | |
| Williams %R (14): | -55.56 | |
| Chande Momentum Oscillator (20): | -0.005000 | |
| Repulse (5,40,3): | 0.4368 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3487 | |
| Courbe Coppock: | 10.16 |
| MA7: | 0.763514 | |
| MA20: | 0.577720 | |
| MA50: | 0.399638 | |
| MA100: | 0.319554 | |
| MAexp7: | 0.672428 | |
| MAexp20: | 0.687211 | |
| MAexp50: | 0.712820 | |
| MAexp100: | 0.741109 | |
| Price / MA7: | -11.72% | |
| Price / MA20: | +16.67% | |
| Price / MA50: | +68.65% | |
| Price / MA100: | +110.92% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | -1.92% | |
| Price / MAexp50: | -5.45% | |
| Price / MAexp100: | -9.06% |
Quotes :
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Real time data
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