XY ORACLE - XYO/USD - 1H - Technical analysis published on 02/16/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.006225 USD
My targets
0.006528 USD (+2.32%)
0.006811 USD (+6.76%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on XY ORACLE - XYO/USD. This is a positive signal for buyers. As long as the price remains above 0.006225 USD, a purchase could be considered. The first bullish objective is located at 0.006528 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.006811 USD as an objective. Crossing it would then enable buyers to target 0.007201 USD. In the event of a return below 0.006225 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
XY ORACLE - XYO/USD rating 0.006380 USD. On the day, this instrument lost -0.31% and was traded between 0.006260 USD and 0.006510 USD over the period. The price is currently at +1.92% from its lowest and -2.00% from its highest.0.006260
0.006510
0.006380
Here is a more detailed summary of the historical variations registered by XY ORACLE - XYO/USD:
Technical
Technical analysis of this 1H chart of XY ORACLE - XYO/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.005621 | 0.005939 | 0.006225 | 0.006380 | 0.006382 | 0.006528 | 0.006811 |
| Change (%) | -11.90% | -6.91% | -2.43% | - | +0.03% | +2.32% | +6.76% |
| Change | -0.000759 | -0.000441 | -0.000155 | - | +0.000002 | +0.000148 | +0.000431 |
| Level | Minor | Minor | Major | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005062 | 0.005341 | 0.005871 | 0.006150 | 0.006680 | 0.006959 | 0.007489 |
| Camarilla | 0.006178 | 0.006252 | 0.006326 | 0.006400 | 0.006474 | 0.006548 | 0.006623 |
| Woodie | 0.005187 | 0.005404 | 0.005996 | 0.006213 | 0.006805 | 0.007022 | 0.007614 |
| Fibonacci | 0.005341 | 0.005650 | 0.005841 | 0.006150 | 0.006459 | 0.006650 | 0.006959 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004828 | 0.005444 | 0.005968 | 0.006584 | 0.007108 | 0.007724 | 0.008248 |
| Camarilla | 0.006178 | 0.006282 | 0.006387 | 0.006491 | 0.006596 | 0.006700 | 0.006805 |
| Woodie | 0.004781 | 0.005421 | 0.005921 | 0.006561 | 0.007061 | 0.007701 | 0.008201 |
| Fibonacci | 0.005444 | 0.005880 | 0.006149 | 0.006584 | 0.007020 | 0.007289 | 0.007724 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004427 | -0.000733 | 0.002803 | 0.006497 | 0.010033 | 0.013727 | 0.017263 |
| Camarilla | 0.004352 | 0.005015 | 0.005677 | 0.006340 | 0.007003 | 0.007666 | 0.008328 |
| Woodie | -0.004505 | -0.000773 | 0.002725 | 0.006458 | 0.009955 | 0.013688 | 0.017185 |
| Fibonacci | -0.000733 | 0.002029 | 0.003735 | 0.006497 | 0.009259 | 0.010965 | 0.013727 |
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): | 60.22 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 10.086563 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.006276 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006121 | |
| Elder Ray (13): | 0.000072 | |
| Super Trend (3,10): | 0.006004 | |
| Zig ZAG (10): | 0.006320 | |
| VORTEX (21): | 1.0319 | |
| Stochastique (14,3,5): | 70.76 | |
| TEMA (21): | 0.006340 | |
| Williams %R (14): | -33.33 | |
| Chande Momentum Oscillator (20): | 0.000170 | |
| Repulse (5,40,3): | -0.6864 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0740 | |
| Courbe Coppock: | 8.96 |
| MA7: | 0.006319 | |
| MA20: | 0.006399 | |
| MA50: | 0.006043 | |
| MA100: | 0.005134 | |
| MAexp7: | 0.006300 | |
| MAexp20: | 0.006211 | |
| MAexp50: | 0.006177 | |
| MAexp100: | 0.006225 | |
| Price / MA7: | +0.97% | |
| Price / MA20: | -0.30% | |
| Price / MA50: | +5.58% | |
| Price / MA100: | +24.27% | |
| Price / MAexp7: | +1.27% | |
| Price / MAexp20: | +2.72% | |
| Price / MAexp50: | +3.29% | |
| Price / MAexp100: | +2.49% |
Quotes :
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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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