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GITCOIN - GTC/USD
GITCOIN - GTC/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: GTCUSD
ISIN:

GITCOIN - GTC/USD - 1H - Technical analysis published on 10/20/2024 (GMT)

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Londinia
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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%
6%
11%
My opinion
Bullish above 0.709878 USD
My targets
0.766538 USD (+6.42%)
0.805450 USD (+11.82%)
My analysis
GITCOIN - GTC/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 0.709878 USD. The next resistance located at 0.766538 USD 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 0.805450 USD. After this resistance, buyers could then target 1.095294 USD. 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
8.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The GITCOIN - GTC/USD rating is 0.720311 USD. The price has increased by +2.88% since the last closing with the lowest point at 0.660137 USD and the highest point at 0.739509 USD. The deviation from the price is +9.12% for the low point and -2.60% for the high point.

0.660137
0.739509
0.720311

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of GITCOIN - GTC/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

White gravestone / inverted hammer

Type : Neutral

Timeframe : 1 hour


Gravestone doji

Type : Bearish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.699964 0.709878 0.719955 0.720311 0.805450 1.095294 1.739894
Change (%) -2.82% -1.45% -0.05% - +11.82% +52.06% +141.55%
Change -0.020347 -0.010433 -0.000356 - +0.085139 +0.374983 +1.019583
Level Minor Intermediate Minor - 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
Standard0.6532160.6665700.6833640.6967180.7135120.7268660.743660
Camarilla0.6918660.6946300.6973930.7001570.7029210.7056840.708448
Woodie0.6549350.6674300.6850830.6975780.7152310.7277260.745379
Fibonacci0.6665700.6780870.6852020.6967180.7082350.7153500.726866


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5738100.6070000.6535790.6867690.7333480.7665380.813117
Camarilla0.6782210.6855330.6928450.7001570.7074690.7147810.722094
Woodie0.5805040.6103470.6602730.6901160.7400420.7698850.819811
Fibonacci0.6070000.6374720.6562980.6867690.7172410.7360670.766538


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3477200.4341350.5371800.6235950.7266400.8130550.916100
Camarilla0.5881250.6054920.6228590.6402260.6575930.6749600.692328
Woodie0.3560360.4382930.5454960.6277530.7349560.8172130.924416
Fibonacci0.4341350.5065080.5512210.6235950.6959680.7406810.813055

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): 64.09
MACD (12,26,9): 0.0047
Directional Movement: 22.153832
AROON (14): 35.714286
DEMA (21): 0.696958
Parabolic SAR (0,02-0,02-0,2): 0.661724
Elder Ray (13): 0.026379
Super Trend (3,10): 0.669529
Zig ZAG (10): 0.720016
VORTEX (21): 1.0933
Stochastique (14,3,5): 63.57
TEMA (21): 0.697788
Williams %R (14): -24.54
Chande Momentum Oscillator (20): 0.029761
Repulse (5,40,3): 3.4307
ROCnROLL: 1
TRIX (15,9): 0.0635
Courbe Coppock: 1.27
MA7: 0.685853
MA20: 0.668175
MA50: 0.639348
MA100: 0.686719
MAexp7: 0.697963
MAexp20: 0.691069
MAexp50: 0.683569
MAexp100: 0.678711
Price / MA7: +5.02%
Price / MA20: +7.80%
Price / MA50: +12.66%
Price / MA100: +4.89%
Price / MAexp7: +3.20%
Price / MAexp20: +4.23%
Price / MAexp50: +5.38%
Price / MAexp100: +6.13%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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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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