THE GRAPH - GRT/USDT - Weekly - Technical analysis published on 12/29/2022 (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%
44%
33%
My opinion
Bearish under 0.075973 USDT
My targets
0.052493 USDT (-6.98%)
0.040367 USDT (-28.47%)
My analysis
The bearish trend is currently very strong for THE GRAPH - GRT/USDT. As long as the price remains below the resistance at 0.075973 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.052493 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.040367 USDT as an objective. Crossing it would then enable sellers to target 0.029013 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.8
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Additional analysis
Quotes
The THE GRAPH - GRT/USDT price is 0.056430 USDT. Over 5 days, this instrument lost -3.41% and was traded between 0.055040 USDT and 0.060980 USDT over the period. The price is currently at +2.53% from its lowest point and -7.46% from its highest point.0.055040
0.060980
0.056430
Here is a more detailed summary of the historical variations registered by THE GRAPH - GRT/USDT:
Technical
Technical analysis of THE GRAPH - GRT/USDT in Weekly shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
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
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.056430 | 0.092795 | 0.499831 | 1.208000 |
| Change (%) | - | +64.44% | +785.75% | +2,040.71% |
| Change | - | +0.036365 | +0.443401 | +1.151570 |
| 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 | 0.050087 | 0.052853 | 0.054377 | 0.057143 | 0.058667 | 0.061433 | 0.062957 |
| Camarilla | 0.054720 | 0.055114 | 0.055507 | 0.055900 | 0.056293 | 0.056687 | 0.057080 |
| Woodie | 0.049465 | 0.052543 | 0.053755 | 0.056833 | 0.058045 | 0.061123 | 0.062335 |
| Fibonacci | 0.052853 | 0.054492 | 0.055505 | 0.057143 | 0.058782 | 0.059795 | 0.061433 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.049767 | 0.051833 | 0.054877 | 0.056943 | 0.059987 | 0.062053 | 0.065097 |
| Camarilla | 0.056515 | 0.056983 | 0.057452 | 0.057920 | 0.058388 | 0.058857 | 0.059325 |
| Woodie | 0.050255 | 0.052078 | 0.055365 | 0.057188 | 0.060475 | 0.062298 | 0.065585 |
| Fibonacci | 0.051833 | 0.053785 | 0.054991 | 0.056943 | 0.058895 | 0.060101 | 0.062053 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029013 | 0.040367 | 0.052493 | 0.063847 | 0.075973 | 0.087327 | 0.099453 |
| Camarilla | 0.058163 | 0.060315 | 0.062468 | 0.064620 | 0.066772 | 0.068925 | 0.071077 |
| Woodie | 0.029400 | 0.040560 | 0.052880 | 0.064040 | 0.076360 | 0.087520 | 0.099840 |
| Fibonacci | 0.040367 | 0.049336 | 0.054877 | 0.063847 | 0.072816 | 0.078357 | 0.087327 |
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): | 33.68 | |
| MACD (12,26,9): | -0.0419 | |
| Directional Movement: | -5.664341 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.026606 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.080788 | |
| Elder Ray (13): | -0.014718 | |
| Super Trend (3,10): | 0.117557 | |
| Zig ZAG (10): | 0.060090 | |
| VORTEX (21): | 0.8491 | |
| Stochastique (14,3,5): | 11.24 | |
| TEMA (21): | 0.062486 | |
| Williams %R (14): | -84.35 | |
| Chande Momentum Oscillator (20): | -0.036160 | |
| Repulse (5,40,3): | -3.0134 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -4.2596 | |
| Courbe Coppock: | 78.60 |
| MA7: | 0.058579 | |
| MA20: | 0.061482 | |
| MA50: | 0.062157 | |
| MA100: | 0.076394 | |
| MAexp7: | 0.063780 | |
| MAexp20: | 0.090745 | |
| MAexp50: | 0.239793 | |
| MAexp100: | 0.573526 | |
| Price / MA7: | -3.67% | |
| Price / MA20: | -8.22% | |
| Price / MA50: | -9.21% | |
| Price / MA100: | -26.13% | |
| Price / MAexp7: | -11.52% | |
| Price / MAexp20: | -37.81% | |
| Price / MAexp50: | -76.47% | |
| Price / MAexp100: | -90.16% |
Quotes :
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Real time data
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Cryptocompare
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