THE GRAPH - GRT/USDT

- USDT (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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Type:	Cryptocurrencies
Ticker:	GRTUSDT
ISIN:

THE GRAPH - GRT/USDT - Weekly - Technical analysis published on 12/10/2022 (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

39%

22%

My opinion

Bearish under 0.092795 USDT

My targets

0.058947 USDT (-19.78%)

0.042793 USDT (-41.76%)

My analysis

THE GRAPH - GRT/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.092795 USDT. The next support located at 0.058947 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.042793 USDT. Below this support, sellers could then target 0.020967 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.1

Comment on the analysis

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:

Additional analysis

Quotes

THE GRAPH - GRT/USDT rating 0.073480 USDT. Over 5 days, this instrument gained +14.63% with the lowest point at 0.060760 USDT and the highest point at 0.074540 USDT. The deviation from the price is +20.93% for the low point and -1.42% for the high point.

0.060760

0.074540

0.073480

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this THE GRAPH - GRT/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong 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.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 4 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.073480	0.092795	0.499831	1.208000
Change (%)	-	+26.29%	+580.23%	+1,543.98%
Change	-	+0.019315	+0.426351	+1.134520
Level	-	Intermediate	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.054580	0.058840	0.062120	0.066380	0.069660	0.073920	0.077200
Camarilla	0.063327	0.064018	0.064709	0.065400	0.066091	0.066782	0.067474
Woodie	0.054090	0.058595	0.061630	0.066135	0.069170	0.073675	0.076710
Fibonacci	0.058840	0.061720	0.063500	0.066380	0.069260	0.071040	0.073920

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):	35.26
MACD (12,26,9):	-0.0479
Directional Movement:	-5.306253
AROON (14):	-71.428572
DEMA (21):	0.028991
Parabolic SAR (0,02-0,02-0,2):	0.097420
Elder Ray (13):	-0.014414
Super Trend (3,10):	0.138037
Zig ZAG (10):	0.071210
VORTEX (21):	0.9461
Stochastique (14,3,5):	17.07
TEMA (21):	0.066297
Williams %R (14):	-76.03
Chande Momentum Oscillator (20):	-0.028620
Repulse (5,40,3):	1.0473
ROCnROLL:	2
TRIX (15,9):	-4.3260
Courbe Coppock:	72.61

MA7:	0.064887
MA20:	0.062873
MA50:	0.070367
MA100:	0.084474
MAexp7:	0.070947
MAexp20:	0.102086
MAexp50:	0.262929
MAexp100:	0.605383
Price / MA7:	+13.24%
Price / MA20:	+16.87%
Price / MA50:	+4.42%
Price / MA100:	-13.01%
Price / MAexp7:	+3.57%
Price / MAexp20:	-28.02%
Price / MAexp50:	-72.05%
Price / MAexp100:	-87.86%

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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