SUN TOKEN - SUN/USD - 1H - Technical analysis published on 10/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.006229 USD
My targets
0.006500 USD (+2.64%)
My analysis
SUN TOKEN - SUN/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.006229 USD. The next resistance located at 0.006500 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SUN TOKEN - SUN/USD price is 0.006333 USD. The price registered an increase of +4.35% on the session and was between 0.006057 USD and 0.006333 USD. This implies that the price is at +4.56% from its lowest and at 0% from its highest.0.006057
0.006333
0.006333
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of SUN TOKEN - SUN/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.006053 | 0.006229 | 0.006333 | 0.006333 | 0.006500 |
| Change (%) | -4.42% | -1.64% | 0% | - | +2.64% |
| Change | -0.000280 | -0.000104 | 0 | - | +0.000167 |
| Level | Major | Major | Minor | - | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005807 | 0.005902 | 0.005986 | 0.006081 | 0.006165 | 0.006260 | 0.006344 |
| Camarilla | 0.006020 | 0.006036 | 0.006053 | 0.006069 | 0.006085 | 0.006102 | 0.006118 |
| Woodie | 0.005801 | 0.005899 | 0.005980 | 0.006078 | 0.006159 | 0.006257 | 0.006338 |
| Fibonacci | 0.005902 | 0.005971 | 0.006013 | 0.006081 | 0.006150 | 0.006192 | 0.006260 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004959 | 0.005181 | 0.005490 | 0.005712 | 0.006021 | 0.006243 | 0.006552 |
| Camarilla | 0.005654 | 0.005703 | 0.005751 | 0.005800 | 0.005849 | 0.005897 | 0.005946 |
| Woodie | 0.005004 | 0.005203 | 0.005535 | 0.005734 | 0.006066 | 0.006265 | 0.006597 |
| Fibonacci | 0.005181 | 0.005384 | 0.005509 | 0.005712 | 0.005915 | 0.006040 | 0.006243 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004484 | 0.004788 | 0.005200 | 0.005504 | 0.005916 | 0.006220 | 0.006632 |
| Camarilla | 0.005416 | 0.005482 | 0.005547 | 0.005613 | 0.005679 | 0.005744 | 0.005810 |
| Woodie | 0.004539 | 0.004815 | 0.005255 | 0.005531 | 0.005971 | 0.006247 | 0.006687 |
| Fibonacci | 0.004788 | 0.005061 | 0.005230 | 0.005504 | 0.005777 | 0.005946 | 0.006220 |
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): | 69.88 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 23.221093 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.006188 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006109 | |
| Elder Ray (13): | 0.000096 | |
| Super Trend (3,10): | 0.006115 | |
| Zig ZAG (10): | 0.006311 | |
| VORTEX (21): | 1.0443 | |
| Stochastique (14,3,5): | 59.33 | |
| TEMA (21): | 0.006208 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.000183 | |
| Repulse (5,40,3): | 1.8363 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0531 | |
| Courbe Coppock: | 2.35 |
| MA7: | 0.006014 | |
| MA20: | 0.005690 | |
| MA50: | 0.005514 | |
| MA100: | 0.005502 | |
| MAexp7: | 0.006227 | |
| MAexp20: | 0.006151 | |
| MAexp50: | 0.006110 | |
| MAexp100: | 0.006048 | |
| Price / MA7: | +5.30% | |
| Price / MA20: | +11.30% | |
| Price / MA50: | +14.85% | |
| Price / MA100: | +15.10% | |
| Price / MAexp7: | +1.70% | |
| Price / MAexp20: | +2.96% | |
| Price / MAexp50: | +3.65% | |
| Price / MAexp100: | +4.71% |
Quotes :
-
Real time data
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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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