SAFEPAL - SFP/USDT - 15 min. - Technical analysis published on 02/20/2023 (GMT)
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- Timeframe : 15 min.
- - 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
72%
0%
28%
My opinion
Bullish above 0.541600 USDT
My targets
0.594000 USDT (+3.14%)
0.608800 USDT (+5.71%)
My analysis
SAFEPAL - SFP/USDT 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 0.541600 USDT. The next resistance located at 0.594000 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.608800 USDT. After this resistance, buyers could then target 0.722200 USDT. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SAFEPAL - SFP/USDT price is 0.575900 USDT. The price registered an increase of +5.96% on the session with the lowest point at 0.530000 USDT and the highest point at 0.608800 USDT. The deviation from the price is +8.66% for the low point and -5.40% for the high point.0.530000
0.608800
0.575900
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 15 min. of this SAFEPAL - SFP/USDT chart shows a strongly bullish trend. 92.86% 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.
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:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
Bearish harami cross
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.512600 | 0.542300 | 0.564100 | 0.575900 | 0.608800 | 0.722200 |
| Change (%) | -10.99% | -5.83% | -2.05% | - | +5.71% | +25.40% |
| Change | -0.063300 | -0.033600 | -0.011800 | - | +0.032900 | +0.146300 |
| Level | Major | Minor | Intermediate | - | Minor | 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 | 0.491100 | 0.507300 | 0.525400 | 0.541600 | 0.559700 | 0.575900 | 0.594000 |
| Camarilla | 0.534068 | 0.537212 | 0.540356 | 0.543500 | 0.546644 | 0.549788 | 0.552933 |
| Woodie | 0.492050 | 0.507775 | 0.526350 | 0.542075 | 0.560650 | 0.576375 | 0.594950 |
| Fibonacci | 0.507300 | 0.520403 | 0.528497 | 0.541600 | 0.554703 | 0.562797 | 0.575900 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.373067 | 0.416133 | 0.478467 | 0.521533 | 0.583867 | 0.626933 | 0.689267 |
| Camarilla | 0.511815 | 0.521477 | 0.531138 | 0.540800 | 0.550462 | 0.560123 | 0.569785 |
| Woodie | 0.382700 | 0.420950 | 0.488100 | 0.526350 | 0.593500 | 0.631750 | 0.698900 |
| Fibonacci | 0.416133 | 0.456396 | 0.481271 | 0.521533 | 0.561796 | 0.586671 | 0.626933 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.247300 | 0.314800 | 0.444900 | 0.512400 | 0.642500 | 0.710000 | 0.840100 |
| Camarilla | 0.520660 | 0.538773 | 0.556887 | 0.575000 | 0.593113 | 0.611227 | 0.629340 |
| Woodie | 0.278600 | 0.330450 | 0.476200 | 0.528050 | 0.673800 | 0.725650 | 0.871400 |
| Fibonacci | 0.314800 | 0.390283 | 0.436917 | 0.512400 | 0.587883 | 0.634517 | 0.710000 |
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): | 55.54 | |
| MACD (12,26,9): | 0.0020 | |
| Directional Movement: | 11.471965 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.560619 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.553633 | |
| Elder Ray (13): | 0.003808 | |
| Super Trend (3,10): | 0.551904 | |
| Zig ZAG (10): | 0.575200 | |
| VORTEX (21): | 0.9932 | |
| Stochastique (14,3,5): | 75.01 | |
| TEMA (21): | 0.567508 | |
| Williams %R (14): | -7.33 | |
| Chande Momentum Oscillator (20): | 0.036300 | |
| Repulse (5,40,3): | 6.9541 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0626 | |
| Courbe Coppock: | 3.21 |
| MA7: | 0.537214 | |
| MA20: | 0.535970 | |
| MA50: | 0.478600 | |
| MA100: | 0.473323 | |
| MAexp7: | 0.568052 | |
| MAexp20: | 0.557288 | |
| MAexp50: | 0.552940 | |
| MAexp100: | 0.548851 | |
| Price / MA7: | +7.20% | |
| Price / MA20: | +7.45% | |
| Price / MA50: | +20.33% | |
| Price / MA100: | +21.67% | |
| Price / MAexp7: | +1.38% | |
| Price / MAexp20: | +3.34% | |
| Price / MAexp50: | +4.15% | |
| Price / MAexp100: | +4.93% |
Quotes :
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Real time data
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