STACKS - STX/USD - 15 min. - Technical analysis published on 03/17/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.993500 USD
My targets
1.090000 USD (+2.93%)
1.137000 USD (+7.37%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STACKS - STX/USD as long as the price remains well above 0.993500 USD. The buyers' bullish objective is set at 1.090000 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.137000 USD. If there is any crossing, the next objective would be the resistance located at 1.522000 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STACKS - STX/USD rating is 1.059000 USD. The price has increased by +16.07% since the last closing with the lowest point at 0.896900 USD and the highest point at 1.065000 USD. The deviation from the price is +18.07% for the low point and -0.56% for the high point.0.896900
1.065000
1.059000
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on STACKS - STX/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 15 min. of this STACKS - STX/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.776533 | 0.878591 | 0.987300 | 1.059000 | 1.090000 | 1.137000 | 1.522000 |
| Change (%) | -26.67% | -17.04% | -6.77% | - | +2.93% | +7.37% | +43.72% |
| Change | -0.282467 | -0.180409 | -0.071700 | - | +0.031000 | +0.078000 | +0.463000 |
| Level | Intermediate | Intermediate | Major | - | Major | Minor | Minor |
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 | 0.783000 | 0.821600 | 0.867000 | 0.905600 | 0.951000 | 0.989600 | 1.035000 |
| Camarilla | 0.889300 | 0.897000 | 0.904700 | 0.912400 | 0.920100 | 0.927800 | 0.935500 |
| Woodie | 0.786400 | 0.823300 | 0.870400 | 0.907300 | 0.954400 | 0.991300 | 1.038400 |
| Fibonacci | 0.821600 | 0.853688 | 0.873512 | 0.905600 | 0.937688 | 0.957512 | 0.989600 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.254900 | 0.388000 | 0.501100 | 0.634200 | 0.747300 | 0.880400 | 0.993500 |
| Camarilla | 0.546495 | 0.569063 | 0.591632 | 0.614200 | 0.636768 | 0.659337 | 0.681905 |
| Woodie | 0.244900 | 0.383000 | 0.491100 | 0.629200 | 0.737300 | 0.875400 | 0.983500 |
| Fibonacci | 0.388000 | 0.482048 | 0.540152 | 0.634200 | 0.728248 | 0.786352 | 0.880400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.217067 | 0.024867 | 0.382533 | 0.624467 | 0.982133 | 1.224067 | 1.581733 |
| Camarilla | 0.575310 | 0.630273 | 0.685237 | 0.740200 | 0.795163 | 0.850127 | 0.905090 |
| Woodie | -0.159200 | 0.053800 | 0.440400 | 0.653400 | 1.040000 | 1.253000 | 1.639600 |
| Fibonacci | 0.024867 | 0.253914 | 0.395420 | 0.624467 | 0.853514 | 0.995020 | 1.224067 |
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): | 65.79 | |
| MACD (12,26,9): | 0.0215 | |
| Directional Movement: | 25.870234 | |
| AROON (14): | 28.571428 | |
| DEMA (21): | 1.047636 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.007320 | |
| Elder Ray (13): | 0.012839 | |
| Super Trend (3,10): | 1.002262 | |
| Zig ZAG (10): | 1.051000 | |
| VORTEX (21): | 1.2112 | |
| Stochastique (14,3,5): | 90.85 | |
| TEMA (21): | 1.054178 | |
| Williams %R (14): | -4.41 | |
| Chande Momentum Oscillator (20): | 0.047000 | |
| Repulse (5,40,3): | 2.3550 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3443 | |
| Courbe Coppock: | 5.68 |
| MA7: | 0.854943 | |
| MA20: | 0.773040 | |
| MA50: | 0.494326 | |
| MA100: | 0.368791 | |
| MAexp7: | 1.041648 | |
| MAexp20: | 1.017577 | |
| MAexp50: | 0.980215 | |
| MAexp100: | 0.955007 | |
| Price / MA7: | +23.87% | |
| Price / MA20: | +36.99% | |
| Price / MA50: | +114.23% | |
| Price / MA100: | +187.15% | |
| Price / MAexp7: | +1.67% | |
| Price / MAexp20: | +4.07% | |
| Price / MAexp50: | +8.04% | |
| Price / MAexp100: | +10.89% |
Quotes :
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Real time data
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Cryptocompare
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