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
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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.
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:
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
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 0.540000 | 0.582700 | 0.607800 | 0.650500 | 0.675600 | 0.718300 | 0.743400 |
Camarilla | 0.614255 | 0.620470 | 0.626685 | 0.632900 | 0.639115 | 0.645330 | 0.651545 |
Woodie | 0.531200 | 0.578300 | 0.599000 | 0.646100 | 0.666800 | 0.713900 | 0.734600 |
Fibonacci | 0.582700 | 0.608600 | 0.624600 | 0.650500 | 0.676400 | 0.692400 | 0.718300 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.463500 | 0.526800 | 0.623200 | 0.686500 | 0.782900 | 0.846200 | 0.942600 |
Camarilla | 0.675683 | 0.690322 | 0.704961 | 0.719600 | 0.734239 | 0.748878 | 0.763518 |
Woodie | 0.480050 | 0.535075 | 0.639750 | 0.694775 | 0.799450 | 0.854475 | 0.959150 |
Fibonacci | 0.526800 | 0.587805 | 0.625495 | 0.686500 | 0.747505 | 0.785195 | 0.846200 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.478667 | 0.662733 | 0.790867 | 0.974933 | 1.103067 | 1.287133 | 1.415267 |
Camarilla | 0.833145 | 0.861763 | 0.890382 | 0.919000 | 0.947618 | 0.976237 | 1.004855 |
Woodie | 0.450700 | 0.648750 | 0.762900 | 0.960950 | 1.075100 | 1.273150 | 1.387300 |
Fibonacci | 0.662733 | 0.781994 | 0.855673 | 0.974933 | 1.094194 | 1.167873 | 1.287133 |
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
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