AUDIUS - AUDIO/USDT - 1H - Technical analysis published on 02/24/2023 (GMT)
- 219
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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 0.319867 USDT
My targets
0.307700 USDT (-0.65%)
0.298420 USDT (-3.64%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.319867 USDT remains possible. It is advisable to trade AUDIUS - AUDIO/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.319867 USDT. The next bearish objective for sellers is set at 0.307700 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.298420 USDT. In case of crossing, the next objective would be the support located at 0.285800 USDT. PS: if there is a bullish break in the resistance located at 0.319867 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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
1.4
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 MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUDIUS - AUDIO/USDT rating 0.309700 USDT. The price is lower by -2.92% since the last closing and was traded between 0.298400 USDT and 0.323100 USDT over the period. The price is currently at +3.79% from its lowest and -4.15% from its highest.0.298400
0.323100
0.309700
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of AUDIUS - AUDIO/USDT indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.285800 | 0.298420 | 0.307700 | 0.309700 | 0.342800 | 0.353100 | 0.367100 |
| Change (%) | -7.72% | -3.64% | -0.65% | - | +10.69% | +14.01% | +18.53% |
| Change | -0.023900 | -0.011280 | -0.002000 | - | +0.033100 | +0.043400 | +0.057400 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
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 | 0.277467 | 0.294533 | 0.306767 | 0.323833 | 0.336067 | 0.353133 | 0.365367 |
| Camarilla | 0.310943 | 0.313628 | 0.316314 | 0.319000 | 0.321686 | 0.324372 | 0.327058 |
| Woodie | 0.275050 | 0.293325 | 0.304350 | 0.322625 | 0.333650 | 0.351925 | 0.362950 |
| Fibonacci | 0.294533 | 0.305726 | 0.312641 | 0.323833 | 0.335026 | 0.341941 | 0.353133 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.155233 | 0.202467 | 0.272633 | 0.319867 | 0.390033 | 0.437267 | 0.507433 |
| Camarilla | 0.310515 | 0.321277 | 0.332038 | 0.342800 | 0.353562 | 0.364323 | 0.375085 |
| Woodie | 0.166700 | 0.208200 | 0.284100 | 0.325600 | 0.401500 | 0.443000 | 0.518900 |
| Fibonacci | 0.202467 | 0.247314 | 0.275020 | 0.319867 | 0.364714 | 0.392420 | 0.437267 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.078533 | 0.027433 | 0.151667 | 0.257633 | 0.381867 | 0.487833 | 0.612067 |
| Camarilla | 0.212595 | 0.233697 | 0.254798 | 0.275900 | 0.297002 | 0.318103 | 0.339205 |
| Woodie | -0.069400 | 0.032000 | 0.160800 | 0.262200 | 0.391000 | 0.492400 | 0.621200 |
| Fibonacci | 0.027433 | 0.115370 | 0.169697 | 0.257633 | 0.345570 | 0.399897 | 0.487833 |
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): | 49.24 | |
| MACD (12,26,9): | -0.0031 | |
| Directional Movement: | 1.076250 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.303586 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.312772 | |
| Elder Ray (13): | 0.001918 | |
| Super Trend (3,10): | 0.317788 | |
| Zig ZAG (10): | 0.309700 | |
| VORTEX (21): | 0.9166 | |
| Stochastique (14,3,5): | 64.15 | |
| TEMA (21): | 0.304904 | |
| Williams %R (14): | -28.93 | |
| Chande Momentum Oscillator (20): | 0.006700 | |
| Repulse (5,40,3): | 1.1528 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2024 | |
| Courbe Coppock: | 1.35 |
| MA7: | 0.323600 | |
| MA20: | 0.294560 | |
| MA50: | 0.243470 | |
| MA100: | 0.193896 | |
| MAexp7: | 0.306878 | |
| MAexp20: | 0.308454 | |
| MAexp50: | 0.315857 | |
| MAexp100: | 0.319658 | |
| Price / MA7: | -4.30% | |
| Price / MA20: | +5.14% | |
| Price / MA50: | +27.20% | |
| Price / MA100: | +59.72% | |
| Price / MAexp7: | +0.92% | |
| Price / MAexp20: | +0.40% | |
| Price / MAexp50: | -1.95% | |
| Price / MAexp100: | -3.12% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AUDIUS - AUDIO/USDT - 1H