CRYPTO 1INCH - 1INCH/USD - Daily - Technical analysis published on 04/18/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 0.488000 USD
My targets
0.614300 USD (+10.09%)
0.653000 USD (+17.03%)
My analysis
The bullish trend is currently very strong on CRYPTO 1INCH - 1INCH/USD. As long as the price remains above the support at 0.488000 USD, you could try to benefit from the boom. The first bullish objective is located at 0.614300 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.653000 USD as an objective. Crossing it would then enable buyers to target 0.686300 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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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 CRYPTO 1INCH - 1INCH/USD price is 0.558000 USD. The price registered a decrease of -0.02% on the session with the lowest point at 0.549000 USD and the highest point at 0.560000 USD. The deviation from the price is +1.64% for the low point and -0.36% for the high point.0.549000
0.560000
0.558000
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CRYPTO 1INCH - 1INCH/USD in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.388040 | 0.439000 | 0.488000 | 0.558000 | 0.566540 | 0.614300 | 0.653000 |
| Change (%) | -30.46% | -21.33% | -12.54% | - | +1.53% | +10.09% | +17.03% |
| Change | -0.169960 | -0.119000 | -0.070000 | - | +0.008540 | +0.056300 | +0.095000 |
| Level | Major | Minor | Minor | - | Major | 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 | 0.511233 | 0.530167 | 0.544133 | 0.563067 | 0.577033 | 0.595967 | 0.609933 |
| Camarilla | 0.549053 | 0.552068 | 0.555084 | 0.558100 | 0.561116 | 0.564132 | 0.567148 |
| Woodie | 0.508750 | 0.528925 | 0.541650 | 0.561825 | 0.574550 | 0.594725 | 0.607450 |
| Fibonacci | 0.530167 | 0.542735 | 0.550499 | 0.563067 | 0.575635 | 0.583399 | 0.595967 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.478633 | 0.498467 | 0.532233 | 0.552067 | 0.585833 | 0.605667 | 0.639433 |
| Camarilla | 0.551260 | 0.556173 | 0.561087 | 0.566000 | 0.570913 | 0.575827 | 0.580740 |
| Woodie | 0.485600 | 0.501950 | 0.539200 | 0.555550 | 0.592800 | 0.609150 | 0.646400 |
| Fibonacci | 0.498467 | 0.518942 | 0.531592 | 0.552067 | 0.572542 | 0.585192 | 0.605667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.260367 | 0.336233 | 0.449067 | 0.524933 | 0.637767 | 0.713633 | 0.826467 |
| Camarilla | 0.510008 | 0.527305 | 0.544603 | 0.561900 | 0.579198 | 0.596495 | 0.613793 |
| Woodie | 0.278850 | 0.345475 | 0.467550 | 0.534175 | 0.656250 | 0.722875 | 0.844950 |
| Fibonacci | 0.336233 | 0.408317 | 0.452850 | 0.524933 | 0.597017 | 0.641550 | 0.713633 |
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): | 55.56 | |
| MACD (12,26,9): | 0.0106 | |
| Directional Movement: | 10.517440 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.558209 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.520687 | |
| Elder Ray (13): | 0.002981 | |
| Super Trend (3,10): | 0.496941 | |
| Zig ZAG (10): | 0.558000 | |
| VORTEX (21): | 1.1130 | |
| Stochastique (14,3,5): | 74.46 | |
| TEMA (21): | 0.565204 | |
| Williams %R (14): | -37.52 | |
| Chande Momentum Oscillator (20): | 0.019200 | |
| Repulse (5,40,3): | 1.1236 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 9.71 |
| MA7: | 0.558457 | |
| MA20: | 0.545900 | |
| MA50: | 0.526246 | |
| MA100: | 0.517372 | |
| MAexp7: | 0.557845 | |
| MAexp20: | 0.545584 | |
| MAexp50: | 0.533169 | |
| MAexp100: | 0.526539 | |
| Price / MA7: | -0.08% | |
| Price / MA20: | +2.22% | |
| Price / MA50: | +6.03% | |
| Price / MA100: | +7.85% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +2.28% | |
| Price / MAexp50: | +4.66% | |
| Price / MAexp100: | +5.98% |
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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