XY ORACLE - XYO/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	XYOUSD
ISIN:

XY ORACLE - XYO/USD - 1H - Technical analysis published on 05/18/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

22%

33%

44%

My opinion

Bullish above 0.007914 USD

My targets

0.008071 USD (+0.66%)

0.008264 USD (+3.07%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on XY ORACLE - XYO/USD as long as the price remains well above 0.007914 USD. The buyers' bullish objective is set at 0.008071 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.008264 USD. If there is any crossing, the next objective would be the resistance located at 0.008981 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

5.7

Comment on the analysis

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.

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

Additional analysis

Quotes

The XY ORACLE - XYO/USD price is 0.008018 USD. The price is lower by -0.05% since the last closing with the lowest point at 0.007952 USD and the highest point at 0.008041 USD. The deviation from the price is +0.83% for the low point and -0.29% for the high point.

0.007952

0.008041

0.008018

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in 1H of this XY ORACLE - XYO/USD 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 is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.007657	0.007786	0.007914	0.008018	0.008071	0.008981	0.011770
Change (%)	-4.50%	-2.89%	-1.30%	-	+0.66%	+12.01%	+46.79%
Change	-0.000361	-0.000232	-0.000104	-	+0.000053	+0.000963	+0.003752
Level	Major	Minor	Intermediate	-	Intermediate	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.007374	0.007527	0.007774	0.007927	0.008174	0.008327	0.008574
Camarilla	0.007912	0.007949	0.007985	0.008022	0.008059	0.008095	0.008132
Woodie	0.007422	0.007551	0.007822	0.007951	0.008222	0.008351	0.008622
Fibonacci	0.007527	0.007680	0.007774	0.007927	0.008080	0.008174	0.008327

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.006294	0.006935	0.007279	0.007920	0.008264	0.008905	0.009249
Camarilla	0.007352	0.007442	0.007533	0.007623	0.007713	0.007804	0.007894
Woodie	0.006146	0.006861	0.007131	0.007846	0.008116	0.008831	0.009101
Fibonacci	0.006935	0.007311	0.007544	0.007920	0.008296	0.008529	0.008905

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):	59.33
MACD (12,26,9):	0.0000
Directional Movement:	7.824705
AROON (14):	-64.285714
DEMA (21):	0.008044
Parabolic SAR (0,02-0,02-0,2):	0.008058
Elder Ray (13):	0.000015
Super Trend (3,10):	0.007904
Zig ZAG (10):	0.008019
VORTEX (21):	1.1644
Stochastique (14,3,5):	50.11
TEMA (21):	0.008037
Williams %R (14):	-61.42
Chande Momentum Oscillator (20):	0.000000
Repulse (5,40,3):	-0.2866
ROCnROLL:	-1
TRIX (15,9):	0.0969
Courbe Coppock:	0.85

MA7:	0.007776
MA20:	0.007926
MA50:	0.008667
MA100:	0.009022
MAexp7:	0.008009
MAexp20:	0.007983
MAexp50:	0.007895
MAexp100:	0.007819
Price / MA7:	+3.11%
Price / MA20:	+1.16%
Price / MA50:	-7.49%
Price / MA100:	-11.13%
Price / MAexp7:	+0.11%
Price / MAexp20:	+0.44%
Price / MAexp50:	+1.56%
Price / MAexp100:	+2.55%

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 AI

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