XY ORACLE - XYO/USD - 1H - Technical analysis published on 05/07/2024 (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 bearish
Underlying:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.008369 USD
My targets
0.007968 USD (-3.05%)
0.007719 USD (-6.08%)
My analysis
In the short term, we can see an acceleration in the bearish trend on XY ORACLE - XYO/USD, which is a positive signal for sellers. As long as the price remains above 0.008369 USD, a sale could be considered. The first bearish objective is located at 0.007968 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.007719 USD as an objective. Crossing it would then enable sellers to target 0.007356 USD. If the price were to return above 0.008369 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4
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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 0.008219 USD. On the day, this instrument lost -0.04% and was traded between 0.008190 USD and 0.008367 USD over the period. The price is currently at +0.35% from its lowest and -1.77% from its highest.0.008190
0.008367
0.008219
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by XY ORACLE - XYO/USD:
Technical
A technical analysis in 1H of this XY ORACLE - XYO/USD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.007719 | 0.007968 | 0.008195 | 0.008219 | 0.008369 | 0.008561 | 0.008747 |
| Change (%) | -6.08% | -3.05% | -0.29% | - | +1.83% | +4.16% | +6.42% |
| Change | -0.000500 | -0.000251 | -0.000024 | - | +0.000150 | +0.000342 | +0.000528 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | 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 | 0.007715 | 0.007953 | 0.008087 | 0.008325 | 0.008459 | 0.008697 | 0.008831 |
| Camarilla | 0.008120 | 0.008154 | 0.008188 | 0.008222 | 0.008256 | 0.008290 | 0.008324 |
| Woodie | 0.007664 | 0.007927 | 0.008036 | 0.008299 | 0.008408 | 0.008671 | 0.008780 |
| Fibonacci | 0.007953 | 0.008095 | 0.008183 | 0.008325 | 0.008467 | 0.008555 | 0.008697 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005578 | 0.006382 | 0.007352 | 0.008156 | 0.009126 | 0.009930 | 0.010900 |
| Camarilla | 0.007834 | 0.007997 | 0.008159 | 0.008322 | 0.008485 | 0.008647 | 0.008810 |
| Woodie | 0.005661 | 0.006424 | 0.007435 | 0.008198 | 0.009209 | 0.009972 | 0.010983 |
| Fibonacci | 0.006382 | 0.007060 | 0.007478 | 0.008156 | 0.008834 | 0.009252 | 0.009930 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000924 | 0.004137 | 0.005974 | 0.009187 | 0.011024 | 0.014237 | 0.016074 |
| Camarilla | 0.006423 | 0.006886 | 0.007349 | 0.007812 | 0.008275 | 0.008738 | 0.009201 |
| Woodie | 0.000237 | 0.003793 | 0.005287 | 0.008843 | 0.010337 | 0.013893 | 0.015387 |
| Fibonacci | 0.004137 | 0.006066 | 0.007258 | 0.009187 | 0.011116 | 0.012308 | 0.014237 |
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): | 44.57 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -5.846221 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.008215 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.008326 | |
| Elder Ray (13): | -0.000023 | |
| Super Trend (3,10): | 0.008361 | |
| Zig ZAG (10): | 0.008209 | |
| VORTEX (21): | 0.9915 | |
| Stochastique (14,3,5): | 10.27 | |
| TEMA (21): | 0.008199 | |
| Williams %R (14): | -94.04 | |
| Chande Momentum Oscillator (20): | -0.000089 | |
| Repulse (5,40,3): | -0.3545 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0347 | |
| Courbe Coppock: | 1.49 |
| MA7: | 0.008147 | |
| MA20: | 0.008348 | |
| MA50: | 0.009267 | |
| MA100: | 0.008755 | |
| MAexp7: | 0.008214 | |
| MAexp20: | 0.008246 | |
| MAexp50: | 0.008269 | |
| MAexp100: | 0.008247 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | -1.55% | |
| Price / MA50: | -11.31% | |
| Price / MA100: | -6.12% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | -0.60% | |
| Price / MAexp100: | -0.34% |
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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