THE GRAPH - GRT/USDT - 1H - Technical analysis published on 04/12/2022 (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:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 0.408286 USDT
My targets
0.357300 USDT (-0.81%)
0.351633 USDT (-2.38%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on THE GRAPH - GRT/USDT. As long as you are under the resistance located at 0.408286 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.357300 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.351633 USDT as an objective. Crossing it would then enable sellers to target 0.319767 USDT. If the resistance 0.408286 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.8
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This analysis was given by mickaastrup. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THE GRAPH - GRT/USDT rating is 0.360200 USDT. The price registered an increase of +3.30% on the session with the lowest point at 0.346300 USDT and the highest point at 0.366800 USDT. The deviation from the price is +4.01% for the low point and -1.80% for the high point.0.346300
0.366800
0.360200
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:
Technical
Technical analysis of this 1H chart of THE GRAPH - GRT/USDT indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
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 | 0.319767 | 0.357300 | 0.360200 | 0.408286 | 0.466900 | 0.513233 |
| Change (%) | -11.23% | -0.81% | - | +13.35% | +29.62% | +42.49% |
| Change | -0.040433 | -0.002900 | - | +0.048086 | +0.106700 | +0.153033 |
| Level | Intermediate | Minor | - | Major | 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 | 0.287367 | 0.314633 | 0.331667 | 0.358933 | 0.375967 | 0.403233 | 0.420267 |
| Camarilla | 0.336518 | 0.340578 | 0.344639 | 0.348700 | 0.352761 | 0.356822 | 0.360883 |
| Woodie | 0.282250 | 0.312075 | 0.326550 | 0.356375 | 0.370850 | 0.400675 | 0.415150 |
| Fibonacci | 0.314633 | 0.331556 | 0.342011 | 0.358933 | 0.375856 | 0.386311 | 0.403233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.207533 | 0.297667 | 0.351633 | 0.441767 | 0.495733 | 0.585867 | 0.639833 |
| Camarilla | 0.365973 | 0.379182 | 0.392391 | 0.405600 | 0.418809 | 0.432018 | 0.445228 |
| Woodie | 0.189450 | 0.288625 | 0.333550 | 0.432725 | 0.477650 | 0.576825 | 0.621750 |
| Fibonacci | 0.297667 | 0.352713 | 0.386721 | 0.441767 | 0.496813 | 0.530821 | 0.585867 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.137700 | 0.226500 | 0.348300 | 0.437100 | 0.558900 | 0.647700 | 0.769500 |
| Camarilla | 0.412185 | 0.431490 | 0.450795 | 0.470100 | 0.489405 | 0.508710 | 0.528015 |
| Woodie | 0.154200 | 0.234750 | 0.364800 | 0.445350 | 0.575400 | 0.655950 | 0.786000 |
| Fibonacci | 0.226500 | 0.306949 | 0.356651 | 0.437100 | 0.517549 | 0.567251 | 0.647700 |
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): | 47.34 | |
| MACD (12,26,9): | -0.0056 | |
| Directional Movement: | -4.850181 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.351998 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.343357 | |
| Elder Ray (13): | 0.002917 | |
| Super Trend (3,10): | 0.369364 | |
| Zig ZAG (10): | 0.361500 | |
| VORTEX (21): | 0.9864 | |
| Stochastique (14,3,5): | 73.13 | |
| TEMA (21): | 0.353656 | |
| Williams %R (14): | -26.32 | |
| Chande Momentum Oscillator (20): | -0.005800 | |
| Repulse (5,40,3): | 1.4961 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3069 | |
| Courbe Coppock: | 3.47 |
| MA7: | 0.391100 | |
| MA20: | 0.438600 | |
| MA50: | 0.396776 | |
| MA100: | 0.440326 | |
| MAexp7: | 0.357962 | |
| MAexp20: | 0.360607 | |
| MAexp50: | 0.373503 | |
| MAexp100: | 0.390280 | |
| Price / MA7: | -7.90% | |
| Price / MA20: | -17.88% | |
| Price / MA50: | -9.22% | |
| Price / MA100: | -18.20% | |
| Price / MAexp7: | +0.63% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -3.56% | |
| Price / MAexp100: | -7.71% |
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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