INJECTIVE - INJ/ETH - 1H - Technical analysis published on 10/25/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.001399 ETH
My targets
0.001500 ETH (+4.75%)
0.001621 ETH (+13.20%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on INJECTIVE PROTOCOL - INJ/ETH as long as the price remains well above 0.001399 ETH. The buyers' bullish objective is set at 0.001500 ETH. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.001621 ETH. If there is any crossing, the next objective would be the resistance located at 0.001709 ETH.
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
4.5
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This analysis was given by hakbay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INJECTIVE PROTOCOL - INJ/ETH rating is 0.001432 ETH. The price has increased by +4.45% since the last closing and was traded between 0.001367 ETH and 0.001445 ETH over the period. The price is currently at +4.75% from its lowest and -0.90% from its highest.0.001367
0.001445
0.001432
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:
Technical
Technical analysis of INJECTIVE PROTOCOL - INJ/ETH in 1H shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced 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.
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 : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.001291 | 0.001365 | 0.001399 | 0.001432 | 0.001500 | 0.001621 | 0.001709 |
Change (%) | -9.85% | -4.68% | -2.30% | - | +4.75% | +13.20% | +19.34% |
Change | -0.000141 | -0.000067 | -0.000033 | - | +0.000068 | +0.000189 | +0.000277 |
Level | Minor | Intermediate | Minor | - | Intermediate | Major | 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 | 0.001236 | 0.001299 | 0.001335 | 0.001398 | 0.001434 | 0.001497 | 0.001533 |
Camarilla | 0.001344 | 0.001353 | 0.001362 | 0.001371 | 0.001380 | 0.001389 | 0.001398 |
Woodie | 0.001223 | 0.001292 | 0.001322 | 0.001391 | 0.001421 | 0.001490 | 0.001520 |
Fibonacci | 0.001299 | 0.001337 | 0.001360 | 0.001398 | 0.001436 | 0.001459 | 0.001497 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.000840 | 0.001066 | 0.001258 | 0.001484 | 0.001676 | 0.001902 | 0.002094 |
Camarilla | 0.001336 | 0.001374 | 0.001413 | 0.001451 | 0.001489 | 0.001528 | 0.001566 |
Woodie | 0.000824 | 0.001058 | 0.001242 | 0.001476 | 0.001660 | 0.001894 | 0.002078 |
Fibonacci | 0.001066 | 0.001225 | 0.001324 | 0.001484 | 0.001643 | 0.001742 | 0.001902 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.000330 | 0.000621 | 0.000951 | 0.001242 | 0.001572 | 0.001863 | 0.002193 |
Camarilla | 0.001110 | 0.001167 | 0.001224 | 0.001281 | 0.001338 | 0.001395 | 0.001452 |
Woodie | 0.000350 | 0.000631 | 0.000971 | 0.001252 | 0.001592 | 0.001873 | 0.002213 |
Fibonacci | 0.000621 | 0.000858 | 0.001005 | 0.001242 | 0.001479 | 0.001626 | 0.001863 |
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): | 56.17 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | -1.607002 | |
AROON (14): | 64.285714 | |
DEMA (21): | 0.001411 | |
Parabolic SAR (0,02-0,02-0,2): | 0.001367 | |
Elder Ray (13): | 0.000022 | |
Super Trend (3,10): | 0.001343 | |
Zig ZAG (10): | 0.001434 | |
VORTEX (21): | 1.0258 | |
Stochastique (14,3,5): | 88.29 | |
TEMA (21): | 0.001424 | |
Williams %R (14): | -16.87 | |
Chande Momentum Oscillator (20): | 0.000060 | |
Repulse (5,40,3): | 3.1071 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0273 | |
Courbe Coppock: | 5.25 |
MA7: | 0.001456 | |
MA20: | 0.001447 | |
MA50: | 0.001275 | |
MA100: | 0.001116 | |
MAexp7: | 0.001421 | |
MAexp20: | 0.001407 | |
MAexp50: | 0.001412 | |
MAexp100: | 0.001428 | |
Price / MA7: | -1.65% | |
Price / MA20: | -1.04% | |
Price / MA50: | +12.31% | |
Price / MA100: | +28.32% | |
Price / MAexp7: | +0.77% | |
Price / MAexp20: | +1.78% | |
Price / MAexp50: | +1.42% | |
Price / MAexp100: | +0.28% |
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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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…
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