THE GRAPH - GRT/USDT - Weekly - Technical analysis published on 12/05/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.073547 USDT
My targets
0.055013 USDT (-15.23%)
0.042793 USDT (-34.06%)
My analysis
The bearish trend is currently very strong for THE GRAPH - GRT/USDT. As long as the price remains below the resistance at 0.073547 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.055013 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.042793 USDT as an objective. Crossing it would then enable sellers to target 0.020967 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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Additional analysis
Quotes
THE GRAPH - GRT/USDT rating 0.064900 USDT. The price registered an increase of +3.69% over 5 days and was traded between 0.062700 USDT and 0.066280 USDT over the period. The price is currently at +3.51% from its lowest point and -2.08% from its highest point.0.062700
0.066280
0.064900
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of THE GRAPH - GRT/USDT in Weekly shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.064900 | 0.132900 | 0.499831 | 1.208000 |
| Change (%) | - | +104.78% | +670.16% | +1,761.33% |
| Change | - | +0.068000 | +0.434931 | +1.143100 |
| Level | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.061320 | 0.062060 | 0.063080 | 0.063820 | 0.064840 | 0.065580 | 0.066600 |
| Camarilla | 0.063616 | 0.063777 | 0.063939 | 0.064100 | 0.064261 | 0.064423 | 0.064584 |
| Woodie | 0.061460 | 0.062130 | 0.063220 | 0.063890 | 0.064980 | 0.065650 | 0.066740 |
| Fibonacci | 0.062060 | 0.062732 | 0.063148 | 0.063820 | 0.064492 | 0.064908 | 0.065580 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.051207 | 0.055013 | 0.058947 | 0.062753 | 0.066687 | 0.070493 | 0.074427 |
| Camarilla | 0.060752 | 0.061461 | 0.062171 | 0.062880 | 0.063590 | 0.064299 | 0.065009 |
| Woodie | 0.051270 | 0.055045 | 0.059010 | 0.062785 | 0.066750 | 0.070525 | 0.074490 |
| Fibonacci | 0.055013 | 0.057970 | 0.059797 | 0.062753 | 0.065710 | 0.067537 | 0.070493 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.009787 | 0.020967 | 0.042793 | 0.073547 | 0.095373 | 0.126127 | 0.147953 |
| Camarilla | 0.050161 | 0.054980 | 0.059800 | 0.064620 | 0.069440 | 0.074260 | 0.079080 |
| Woodie | -0.014250 | 0.018735 | 0.038330 | 0.071315 | 0.090910 | 0.123895 | 0.143490 |
| Fibonacci | 0.020967 | 0.041052 | 0.053461 | 0.073547 | 0.093632 | 0.106041 | 0.126127 |
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): | 33.35 | |
| MACD (12,26,9): | -0.0484 | |
| Directional Movement: | -6.978547 | |
| AROON (14): | -71.428572 | |
| DEMA (21): | 0.027898 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.097420 | |
| Elder Ray (13): | -0.016613 | |
| Super Trend (3,10): | 0.132739 | |
| Zig ZAG (10): | 0.064900 | |
| VORTEX (21): | 0.9495 | |
| Stochastique (14,3,5): | 14.46 | |
| TEMA (21): | 0.064705 | |
| Williams %R (14): | -83.86 | |
| Chande Momentum Oscillator (20): | -0.035020 | |
| Repulse (5,40,3): | -10.7575 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -4.3327 | |
| Courbe Coppock: | 74.87 |
| MA7: | 0.064080 | |
| MA20: | 0.061613 | |
| MA50: | 0.071981 | |
| MA100: | 0.086384 | |
| MAexp7: | 0.069319 | |
| MAexp20: | 0.101493 | |
| MAexp50: | 0.262678 | |
| MAexp100: | 0.605258 | |
| Price / MA7: | +1.28% | |
| Price / MA20: | +5.33% | |
| Price / MA50: | -9.84% | |
| Price / MA100: | -24.87% | |
| Price / MAexp7: | -6.37% | |
| Price / MAexp20: | -36.05% | |
| Price / MAexp50: | -75.29% | |
| Price / MAexp100: | -89.28% |
Quotes :
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Real time data
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