XY ORACLE - XYO/USD - 1H - Technical analysis published on 10/30/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
33%
44%
My opinion
Bearish under 0.005977 USD
My targets
0.005725 USD (-1.80%)
0.005570 USD (-4.46%)
My analysis
The strong short-term decline in XY ORACLE - XYO/USD calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.005977 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.005725 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.005570 USD as an objective. Crossing it would then enable sellers to target 0.005105 USD. Be careful, a return to above 0.005977 USD could jeopardize the reversal.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
0.7
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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 0.005830 USD. On the day, this instrument lost -0.17% with the lowest point at 0.005800 USD and the highest point at 0.005930 USD. The deviation from the price is +0.52% for the low point and -1.69% for the high point.0.005800
0.005930
0.005830
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 slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
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:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.005105 | 0.005570 | 0.005725 | 0.005830 | 0.005977 | 0.006150 | 0.006349 |
| Change (%) | -12.44% | -4.46% | -1.80% | - | +2.52% | +5.49% | +8.90% |
| Change | -0.000725 | -0.000260 | -0.000105 | - | +0.000147 | +0.000320 | +0.000519 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005572 | 0.005681 | 0.005761 | 0.005870 | 0.005950 | 0.006059 | 0.006139 |
| Camarilla | 0.005788 | 0.005805 | 0.005823 | 0.005840 | 0.005857 | 0.005875 | 0.005892 |
| Woodie | 0.005557 | 0.005674 | 0.005746 | 0.005863 | 0.005935 | 0.006052 | 0.006124 |
| Fibonacci | 0.005681 | 0.005754 | 0.005798 | 0.005870 | 0.005943 | 0.005987 | 0.006059 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003685 | 0.004583 | 0.005087 | 0.005985 | 0.006489 | 0.007387 | 0.007891 |
| Camarilla | 0.005205 | 0.005333 | 0.005462 | 0.005590 | 0.005719 | 0.005847 | 0.005976 |
| Woodie | 0.003487 | 0.004485 | 0.004889 | 0.005887 | 0.006291 | 0.007289 | 0.007693 |
| Fibonacci | 0.004583 | 0.005119 | 0.005450 | 0.005985 | 0.006521 | 0.006852 | 0.007387 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001630 | 0.002950 | 0.004360 | 0.005680 | 0.007090 | 0.008410 | 0.009820 |
| Camarilla | 0.005019 | 0.005270 | 0.005520 | 0.005770 | 0.006020 | 0.006271 | 0.006521 |
| Woodie | 0.001675 | 0.002973 | 0.004405 | 0.005703 | 0.007135 | 0.008433 | 0.009865 |
| Fibonacci | 0.002950 | 0.003993 | 0.004637 | 0.005680 | 0.006723 | 0.007367 | 0.008410 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.14 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.222999 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.005865 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005929 | |
| Elder Ray (13): | -0.000030 | |
| Super Trend (3,10): | 0.005729 | |
| Zig ZAG (10): | 0.005830 | |
| VORTEX (21): | 0.9783 | |
| Stochastique (14,3,5): | 36.73 | |
| TEMA (21): | 0.005844 | |
| Williams %R (14): | -71.94 | |
| Chande Momentum Oscillator (20): | 0.000039 | |
| Repulse (5,40,3): | 0.5766 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0014 | |
| Courbe Coppock: | 0.53 |
| MA7: | 0.005754 | |
| MA20: | 0.005945 | |
| MA50: | 0.005499 | |
| MA100: | 0.005213 | |
| MAexp7: | 0.005856 | |
| MAexp20: | 0.005863 | |
| MAexp50: | 0.005836 | |
| MAexp100: | 0.005809 | |
| Price / MA7: | +1.32% | |
| Price / MA20: | -1.93% | |
| Price / MA50: | +6.02% | |
| Price / MA100: | +11.84% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | -0.56% | |
| Price / MAexp50: | -0.10% | |
| Price / MAexp100: | +0.36% |
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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