SMOOTH LOVE POTION - SLP/USDT - 1H - Technical analysis published on 01/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.003021 USDT
My targets
0.002899 USDT (-2.59%)
0.002805 USDT (-5.75%)
My analysis
The bearish trend is currently very strong for SMOOTH LOVE POTION - SLP/USDT. As long as the price remains below the resistance at 0.003021 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.002899 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.002805 USDT as an objective. Crossing it would then enable sellers to target 0.002188 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
6.1
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SMOOTH LOVE POTION - SLP/USDT rating 0.002976 USDT. The price registered an increase of +0.58% on the session and was traded between 0.002897 USDT and 0.002979 USDT over the period. The price is currently at +2.73% from its lowest and -0.10% from its highest.0.002897
0.002979
0.002976
Here is a more detailed summary of the historical variations registered by SMOOTH LOVE POTION - SLP/USDT:
Technical
A technical analysis in 1H of this SMOOTH LOVE POTION - SLP/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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 0.002188 | 0.002805 | 0.002899 | 0.002976 | 0.003021 | 0.003096 | 0.003220 |
| Change (%) | -26.48% | -5.75% | -2.59% | - | +1.51% | +4.03% | +8.20% |
| Change | -0.000788 | -0.000171 | -0.000077 | - | +0.000045 | +0.000120 | +0.000244 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002547 | 0.002723 | 0.002841 | 0.003017 | 0.003135 | 0.003311 | 0.003429 |
| Camarilla | 0.002878 | 0.002905 | 0.002932 | 0.002959 | 0.002986 | 0.003013 | 0.003040 |
| Woodie | 0.002518 | 0.002709 | 0.002812 | 0.003003 | 0.003106 | 0.003297 | 0.003400 |
| Fibonacci | 0.002723 | 0.002835 | 0.002905 | 0.003017 | 0.003129 | 0.003199 | 0.003311 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001857 | 0.002229 | 0.002698 | 0.003070 | 0.003539 | 0.003911 | 0.004380 |
| Camarilla | 0.002937 | 0.003014 | 0.003091 | 0.003168 | 0.003245 | 0.003322 | 0.003399 |
| Woodie | 0.001907 | 0.002253 | 0.002748 | 0.003094 | 0.003589 | 0.003935 | 0.004430 |
| Fibonacci | 0.002229 | 0.002550 | 0.002748 | 0.003070 | 0.003391 | 0.003589 | 0.003911 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000909 | 0.001642 | 0.002341 | 0.003074 | 0.003773 | 0.004506 | 0.005205 |
| Camarilla | 0.002646 | 0.002778 | 0.002909 | 0.003040 | 0.003171 | 0.003303 | 0.003434 |
| Woodie | 0.000892 | 0.001634 | 0.002324 | 0.003066 | 0.003756 | 0.004498 | 0.005188 |
| Fibonacci | 0.001642 | 0.002189 | 0.002527 | 0.003074 | 0.003621 | 0.003959 | 0.004506 |
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): | 36.62 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -21.556169 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.002931 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.002897 | |
| Elder Ray (13): | -0.000011 | |
| Super Trend (3,10): | 0.003054 | |
| Zig ZAG (10): | 0.002966 | |
| VORTEX (21): | 0.7574 | |
| Stochastique (14,3,5): | 34.17 | |
| TEMA (21): | 0.002913 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -0.000005 | |
| Repulse (5,40,3): | 1.1433 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2449 | |
| Courbe Coppock: | 7.65 |
| MA7: | 0.003076 | |
| MA20: | 0.003096 | |
| MA50: | 0.003077 | |
| MA100: | 0.002578 | |
| MAexp7: | 0.002955 | |
| MAexp20: | 0.002994 | |
| MAexp50: | 0.003059 | |
| MAexp100: | 0.003086 | |
| Price / MA7: | -3.25% | |
| Price / MA20: | -3.88% | |
| Price / MA50: | -3.28% | |
| Price / MA100: | +15.44% | |
| Price / MAexp7: | +0.71% | |
| Price / MAexp20: | -0.60% | |
| Price / MAexp50: | -2.71% | |
| Price / MAexp100: | -3.56% |
Quotes :
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Real time data
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Cryptocompare
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