CARTESI - CTSI/USD - 1H - Technical analysis published on 03/07/2024 (GMT)
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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:
Bullish
Underlying:
Slightly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.361171 USD
My targets
0.385314 USD (+2.74%)
0.400801 USD (+6.87%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade CARTESI - CTSI/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.361171 USD. The buyers' bullish objective is set at 0.385314 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.400801 USD. If there is any crossing, the next objective would be the resistance located at 0.424802 USD. If there is a bearish break in the support located at 0.361171 USD some indecision would arise.
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
3.8
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Additional analysis
Quotes
The CARTESI - CTSI/USD price is 0.375033 USD. The price registered a decrease of -0.39% on the session with the lowest point at 0.359583 USD and the highest point at 0.383985 USD. The deviation from the price is +4.30% for the low point and -2.33% for the high point.0.359583
0.383985
0.375033
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARTESI - CTSI/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this CARTESI - CTSI/USD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.319500 | 0.339610 | 0.353192 | 0.375033 | 0.385314 | 0.424802 | 0.460646 |
| Change (%) | -14.81% | -9.45% | -5.82% | - | +2.74% | +13.27% | +22.83% |
| Change | -0.055533 | -0.035423 | -0.021841 | - | +0.010281 | +0.049769 | +0.085613 |
| Level | Major | Minor | Intermediate | - | Intermediate | Major | Minor |
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 | 0.312065 | 0.325838 | 0.351167 | 0.364940 | 0.390269 | 0.404042 | 0.429371 |
| Camarilla | 0.365744 | 0.369328 | 0.372913 | 0.376497 | 0.380081 | 0.383666 | 0.387250 |
| Woodie | 0.317844 | 0.328727 | 0.356946 | 0.367829 | 0.396048 | 0.406931 | 0.435150 |
| Fibonacci | 0.325838 | 0.340775 | 0.350003 | 0.364940 | 0.379877 | 0.389105 | 0.404042 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.211427 | 0.271273 | 0.340955 | 0.400801 | 0.470483 | 0.530329 | 0.600011 |
| Camarilla | 0.375018 | 0.386891 | 0.398765 | 0.410638 | 0.422511 | 0.434385 | 0.446258 |
| Woodie | 0.216346 | 0.273732 | 0.345874 | 0.403260 | 0.475402 | 0.532788 | 0.604930 |
| Fibonacci | 0.271273 | 0.320752 | 0.351321 | 0.400801 | 0.450280 | 0.480849 | 0.530329 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027892 | 0.127366 | 0.261697 | 0.361171 | 0.495502 | 0.594976 | 0.729307 |
| Camarilla | 0.331731 | 0.353163 | 0.374595 | 0.396027 | 0.417459 | 0.438891 | 0.460323 |
| Woodie | 0.045320 | 0.136080 | 0.279125 | 0.369885 | 0.512930 | 0.603690 | 0.746735 |
| Fibonacci | 0.127366 | 0.216680 | 0.271858 | 0.361171 | 0.450485 | 0.505663 | 0.594976 |
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): | 58.49 | |
| MACD (12,26,9): | 0.0028 | |
| Directional Movement: | 6.977740 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.377305 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.366500 | |
| Elder Ray (13): | 0.002704 | |
| Super Trend (3,10): | 0.382641 | |
| Zig ZAG (10): | 0.377828 | |
| VORTEX (21): | 1.0138 | |
| Stochastique (14,3,5): | 74.01 | |
| TEMA (21): | 0.379372 | |
| Williams %R (14): | -27.46 | |
| Chande Momentum Oscillator (20): | 0.010610 | |
| Repulse (5,40,3): | -0.0130 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0738 | |
| Courbe Coppock: | 5.58 |
| MA7: | 0.393896 | |
| MA20: | 0.357103 | |
| MA50: | 0.295245 | |
| MA100: | 0.243567 | |
| MAexp7: | 0.377552 | |
| MAexp20: | 0.374050 | |
| MAexp50: | 0.372812 | |
| MAexp100: | 0.377640 | |
| Price / MA7: | -4.79% | |
| Price / MA20: | +5.02% | |
| Price / MA50: | +27.02% | |
| Price / MA100: | +53.98% | |
| Price / MAexp7: | -0.67% | |
| Price / MAexp20: | +0.26% | |
| Price / MAexp50: | +0.60% | |
| Price / MAexp100: | -0.69% |
Quotes :
-
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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