SAFEPAL - SFP/USDT - 1H - Technical analysis published on 10/20/2024 (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 bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.737185 USDT
My targets
0.755209 USDT (+0.61%)
0.781181 USDT (+4.07%)
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 0.737185 USDT. The next resistance located at 0.755209 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 0.781181 USDT. After this resistance, buyers could then target 0.838448 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, 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
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Additional analysis
Quotes
The SAFEPAL - SFP/USDT price is 0.750643 USDT. The price has increased by +1.04% since the last closing with the lowest point at 0.741423 USDT and the highest point at 0.755340 USDT. The deviation from the price is +1.24% for the low point and -0.62% for the high point.0.741423
0.755340
0.750643
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SAFEPAL - SFP/USDT:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SAFEPAL - SFP/USDT 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 market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.725655 | 0.737185 | 0.747500 | 0.750643 | 0.755209 | 0.838448 | 0.881693 |
| Change (%) | -3.33% | -1.79% | -0.42% | - | +0.61% | +11.70% | +17.46% |
| Change | -0.024988 | -0.013458 | -0.003143 | - | +0.004566 | +0.087805 | +0.131050 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.718697 | 0.724212 | 0.733553 | 0.739068 | 0.748409 | 0.753924 | 0.763265 |
| Camarilla | 0.738809 | 0.740170 | 0.741532 | 0.742894 | 0.744256 | 0.745618 | 0.746979 |
| Woodie | 0.720610 | 0.725169 | 0.735466 | 0.740025 | 0.750322 | 0.754881 | 0.765178 |
| Fibonacci | 0.724212 | 0.729887 | 0.733393 | 0.739068 | 0.744743 | 0.748249 | 0.753924 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.657145 | 0.676289 | 0.709591 | 0.728735 | 0.762037 | 0.781181 | 0.814483 |
| Camarilla | 0.728471 | 0.733279 | 0.738087 | 0.742894 | 0.747702 | 0.752509 | 0.757317 |
| Woodie | 0.664225 | 0.679829 | 0.716671 | 0.732275 | 0.769117 | 0.784721 | 0.821563 |
| Fibonacci | 0.676289 | 0.696323 | 0.708700 | 0.728735 | 0.748769 | 0.761146 | 0.781181 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.593198 | 0.658188 | 0.694107 | 0.759097 | 0.795016 | 0.860006 | 0.895925 |
| Camarilla | 0.702276 | 0.711526 | 0.720776 | 0.730026 | 0.739276 | 0.748526 | 0.757776 |
| Woodie | 0.578663 | 0.650920 | 0.679572 | 0.751829 | 0.780481 | 0.852738 | 0.881390 |
| Fibonacci | 0.658188 | 0.696735 | 0.720550 | 0.759097 | 0.797644 | 0.821459 | 0.860006 |
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): | 61.84 | |
| MACD (12,26,9): | 0.0037 | |
| Directional Movement: | 16.806287 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.749487 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.755200 | |
| Elder Ray (13): | 0.001978 | |
| Super Trend (3,10): | 0.742927 | |
| Zig ZAG (10): | 0.748818 | |
| VORTEX (21): | 1.3091 | |
| Stochastique (14,3,5): | 67.43 | |
| TEMA (21): | 0.751381 | |
| Williams %R (14): | -37.18 | |
| Chande Momentum Oscillator (20): | 0.009227 | |
| Repulse (5,40,3): | -0.3393 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0583 | |
| Courbe Coppock: | 3.37 |
| MA7: | 0.739360 | |
| MA20: | 0.718555 | |
| MA50: | 0.741428 | |
| MA100: | 0.763278 | |
| MAexp7: | 0.749167 | |
| MAexp20: | 0.744959 | |
| MAexp50: | 0.740346 | |
| MAexp100: | 0.736436 | |
| Price / MA7: | +1.53% | |
| Price / MA20: | +4.47% | |
| Price / MA50: | +1.24% | |
| Price / MA100: | -1.66% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +0.76% | |
| Price / MAexp50: | +1.39% | |
| Price / MAexp100: | +1.93% |
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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