SUN TOKEN - SUN/USD - 1H - Technical analysis published on 07/11/2023 (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%
44%
22%
My opinion
Bearish under 0.005515 USD
My targets
0.005383 USD (-1.03%)
0.005289 USD (-2.76%)
My analysis
SUN TOKEN - SUN/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.005515 USD. The next support located at 0.005383 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.005289 USD. Below this support, sellers could then target 0.005012 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SUN TOKEN - SUN/USD rating 0.005439 USD. The price registered a decrease of -0.02% on the session and was traded between 0.005416 USD and 0.005451 USD over the period. The price is currently at +0.42% from its lowest and -0.22% from its highest.0.005416
0.005451
0.005439
Here is a more detailed summary of the historical variations registered by SUN TOKEN - SUN/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on SUN TOKEN - SUN/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of SUN TOKEN - SUN/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed 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.
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 detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.005012 | 0.005289 | 0.005383 | 0.005439 | 0.005515 | 0.005602 | 0.005744 |
| Change (%) | -7.85% | -2.76% | -1.03% | - | +1.40% | +3.00% | +5.61% |
| Change | -0.000427 | -0.000150 | -0.000056 | - | +0.000076 | +0.000163 | +0.000305 |
| Level | Minor | Intermediate | 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 | 0.005129 | 0.005256 | 0.005348 | 0.005475 | 0.005567 | 0.005694 | 0.005786 |
| Camarilla | 0.005380 | 0.005400 | 0.005420 | 0.005440 | 0.005460 | 0.005480 | 0.005500 |
| Woodie | 0.005112 | 0.005247 | 0.005331 | 0.005466 | 0.005550 | 0.005685 | 0.005769 |
| Fibonacci | 0.005256 | 0.005340 | 0.005391 | 0.005475 | 0.005559 | 0.005610 | 0.005694 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005120 | 0.005300 | 0.005502 | 0.005682 | 0.005884 | 0.006064 | 0.006266 |
| Camarilla | 0.005600 | 0.005635 | 0.005670 | 0.005705 | 0.005740 | 0.005775 | 0.005810 |
| Woodie | 0.005132 | 0.005306 | 0.005514 | 0.005688 | 0.005896 | 0.006070 | 0.006278 |
| Fibonacci | 0.005300 | 0.005446 | 0.005536 | 0.005682 | 0.005828 | 0.005918 | 0.006064 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003045 | 0.004040 | 0.004780 | 0.005775 | 0.006515 | 0.007510 | 0.008250 |
| Camarilla | 0.005042 | 0.005201 | 0.005360 | 0.005519 | 0.005678 | 0.005837 | 0.005996 |
| Woodie | 0.002917 | 0.003976 | 0.004652 | 0.005711 | 0.006387 | 0.007446 | 0.008122 |
| Fibonacci | 0.004040 | 0.004703 | 0.005113 | 0.005775 | 0.006438 | 0.006848 | 0.007510 |
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): | 38.67 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -18.099633 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.005413 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005478 | |
| Elder Ray (13): | -0.000015 | |
| Super Trend (3,10): | 0.005480 | |
| Zig ZAG (10): | 0.005432 | |
| VORTEX (21): | 0.8128 | |
| Stochastique (14,3,5): | 26.03 | |
| TEMA (21): | 0.005419 | |
| Williams %R (14): | -78.08 | |
| Chande Momentum Oscillator (20): | -0.000036 | |
| Repulse (5,40,3): | 0.1707 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0924 | |
| Courbe Coppock: | 0.81 |
| MA7: | 0.005548 | |
| MA20: | 0.005612 | |
| MA50: | 0.005664 | |
| MA100: | 0.005768 | |
| MAexp7: | 0.005435 | |
| MAexp20: | 0.005454 | |
| MAexp50: | 0.005511 | |
| MAexp100: | 0.005552 | |
| Price / MA7: | -1.96% | |
| Price / MA20: | -3.08% | |
| Price / MA50: | -3.97% | |
| Price / MA100: | -5.70% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | -0.28% | |
| Price / MAexp50: | -1.31% | |
| Price / MAexp100: | -2.04% |
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.
About author
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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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