THE GRAPH - GRT/USDT
THE GRAPH - GRT/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Change: -
Volume: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: GRTUSDT
ISIN:

THE GRAPH - GRT/USDT - Daily - Technical analysis published on 12/30/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.732900 USDT
My targets
0.591400 USDT (-9.94%)
0.492267 USDT (-25.04%)
My analysis
The bearish basic trend is very strong on THE GRAPH - GRT/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.732900 USDT. Crossing the first support at 0.591400 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.492267 USDT as an objective. Caution, a return to above the resistance located at 0.732900 USDT would be a sign of a possible consolidation phase of 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.7

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 finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

THE GRAPH - GRT/USDT rating 0.656700 USDT. On the day, this instrument gained +3.76% and was traded between 0.613100 USDT and 0.659800 USDT over the period. The price is currently at +7.11% from its lowest and -0.47% from its highest.

0.613100
0.659800
0.656700

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by THE GRAPH - GRT/USDT:

Technical


A technical analysis in Daily of this THE GRAPH - GRT/USDT chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.492267 0.591400 0.656700 0.732900 0.854200 1.075330
Change (%) -25.04% -9.94% - +11.60% +30.07% +63.75%
Change -0.164433 -0.065300 - +0.076200 +0.197500 +0.418630
Level Minor Intermediate - Minor Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5400000.5827000.6078000.6505000.6756000.7183000.743400
Camarilla0.6142550.6204700.6266850.6329000.6391150.6453300.651545
Woodie0.5312000.5783000.5990000.6461000.6668000.7139000.734600
Fibonacci0.5827000.6086000.6246000.6505000.6764000.6924000.718300


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4635000.5268000.6232000.6865000.7829000.8462000.942600
Camarilla0.6756830.6903220.7049610.7196000.7342390.7488780.763518
Woodie0.4800500.5350750.6397500.6947750.7994500.8544750.959150
Fibonacci0.5268000.5878050.6254950.6865000.7475050.7851950.846200


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4786670.6627330.7908670.9749331.1030671.2871331.415267
Camarilla0.8331450.8617630.8903820.9190000.9476180.9762371.004855
Woodie0.4507000.6487500.7629000.9609501.0751001.2731501.387300
Fibonacci0.6627330.7819940.8556730.9749331.0941941.1678731.287133

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): 43.92
MACD (12,26,9): -0.0283
Directional Movement: -7.222786
AROON (14): 71.428569
DEMA (21): 0.647617
Parabolic SAR (0,02-0,02-0,2): 0.773478
Elder Ray (13): -0.044743
Super Trend (3,10): 0.821116
Zig ZAG (10): 0.653600
VORTEX (21): 0.9470
Stochastique (14,3,5): 36.31
TEMA (21): 0.666258
Williams %R (14): -61.44
Chande Momentum Oscillator (20): 0.049500
Repulse (5,40,3): -5.1630
ROCnROLL: 2
TRIX (15,9): -0.7755
Courbe Coppock: 16.92
MA7: 0.691586
MA20: 0.664350
MA50: 0.802854
MA100: 0.823298
MAexp7: 0.676231
MAexp20: 0.693511
MAexp50: 0.761495
MAexp100: 0.806096
Price / MA7: -5.04%
Price / MA20: -1.15%
Price / MA50: -18.20%
Price / MA100: -20.24%
Price / MAexp7: -2.89%
Price / MAexp20: -5.31%
Price / MAexp50: -13.76%
Price / MAexp100: -18.53%

Quotes : - Real time data - Cryptocompare

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

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