AUDIUS - AUDIO/USDT - 1H - Technical analysis published on 05/07/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
56%
11%
My opinion
Bearish under 0.268500 USDT
My targets
0.256933 USDT (-3.48%)
0.241111 USDT (-9.42%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUDIUS - AUDIO/USDT as long as the price remains well below 0.268500 USDT. The sellers' bearish objective is set at 0.256933 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.241111 USDT. In case of crossing, the next objective would be the support located at 0.165867 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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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This analysis was given by cassedre. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUDIUS - AUDIO/USDT rating is 0.266200 USDT. The price registered a decrease of -1.08% on the session and was traded between 0.263800 USDT and 0.271900 USDT over the period. The price is currently at +0.91% from its lowest and -2.10% from its highest.0.263800
0.271900
0.266200
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUDIUS - AUDIO/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.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
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 | 0.142067 | 0.165867 | 0.241111 | 0.266200 | 0.268500 | 0.274789 | 0.279500 |
| Change (%) | -46.63% | -37.69% | -9.42% | - | +0.86% | +3.23% | +5.00% |
| Change | -0.124133 | -0.100333 | -0.025089 | - | +0.002300 | +0.008589 | +0.013300 |
| Level | Intermediate | Minor | Intermediate | - | Major | 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 | 0.243633 | 0.255567 | 0.262333 | 0.274267 | 0.281033 | 0.292967 | 0.299733 |
| Camarilla | 0.263958 | 0.265672 | 0.267386 | 0.269100 | 0.270814 | 0.272528 | 0.274243 |
| Woodie | 0.241050 | 0.254275 | 0.259750 | 0.272975 | 0.278450 | 0.291675 | 0.297150 |
| Fibonacci | 0.255567 | 0.262710 | 0.267123 | 0.274267 | 0.281410 | 0.285823 | 0.292967 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.222033 | 0.244767 | 0.256933 | 0.279667 | 0.291833 | 0.314567 | 0.326733 |
| Camarilla | 0.259503 | 0.262702 | 0.265901 | 0.269100 | 0.272299 | 0.275498 | 0.278698 |
| Woodie | 0.216750 | 0.242125 | 0.251650 | 0.277025 | 0.286550 | 0.311925 | 0.321450 |
| Fibonacci | 0.244767 | 0.258099 | 0.266335 | 0.279667 | 0.292999 | 0.301235 | 0.314567 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.054267 | 0.105467 | 0.198533 | 0.358267 | 0.451333 | 0.611067 | 0.704133 |
| Camarilla | 0.222080 | 0.245253 | 0.268427 | 0.291600 | 0.314773 | 0.337947 | 0.361120 |
| Woodie | -0.087600 | 0.088800 | 0.165200 | 0.341600 | 0.418000 | 0.594400 | 0.670800 |
| Fibonacci | 0.105467 | 0.202036 | 0.261697 | 0.358267 | 0.454836 | 0.514497 | 0.611067 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 32.91 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -16.921991 | |
| AROON (14): | -71.428572 | |
| DEMA (21): | 0.265959 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.270952 | |
| Elder Ray (13): | -0.002887 | |
| Super Trend (3,10): | 0.270298 | |
| Zig ZAG (10): | 0.264400 | |
| VORTEX (21): | 0.9007 | |
| Stochastique (14,3,5): | 5.35 | |
| TEMA (21): | 0.265983 | |
| Williams %R (14): | -92.59 | |
| Chande Momentum Oscillator (20): | -0.006300 | |
| Repulse (5,40,3): | -0.8139 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0722 | |
| Courbe Coppock: | 1.13 |
| MA7: | 0.279100 | |
| MA20: | 0.300000 | |
| MA50: | 0.297724 | |
| MA100: | 0.287644 | |
| MAexp7: | 0.266323 | |
| MAexp20: | 0.268207 | |
| MAexp50: | 0.271528 | |
| MAexp100: | 0.275635 | |
| Price / MA7: | -4.62% | |
| Price / MA20: | -11.27% | |
| Price / MA50: | -10.59% | |
| Price / MA100: | -7.46% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.75% | |
| Price / MAexp50: | -1.96% | |
| Price / MAexp100: | -3.42% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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