INJECTIVE - INJ/USD - Daily - Technical analysis published on 10/03/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 1.44 USD
My targets
1.90 USD (+12.43%)
2.56 USD (+51.30%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade INJECTIVE PROTOCOL - INJ/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.44 USD. The buyers' bullish objective is set at 1.90 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.56 USD. If there is any crossing, the next objective would be the resistance located at 4.40 USD. If there is a bearish break in the support located at 1.44 USD some indecision would arise.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
INJECTIVE PROTOCOL - INJ/USD rating 1.69 USD. The price registered an increase of +8.33% on the session with the lowest point at 1.55 USD and the highest point at 1.69 USD. The deviation from the price is +9.03% for the low point and 0% for the high point.1.55
1.69
1.69
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of INJECTIVE PROTOCOL - INJ/USD indicates that the overall trend is slightly bullish. 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. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
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
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.44 | 1.69 | 1.90 | 4.40 | 5.30 |
| Change (%) | -14.79% | - | +12.43% | +160.36% | +213.61% |
| Change | -0.25 | - | +0.21 | +2.71 | +3.61 |
| Level | Intermediate | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.41 | 1.49 | 1.52 | 1.60 | 1.63 | 1.71 | 1.74 |
| Camarilla | 1.53 | 1.54 | 1.55 | 1.56 | 1.57 | 1.58 | 1.59 |
| Woodie | 1.40 | 1.48 | 1.51 | 1.59 | 1.62 | 1.70 | 1.73 |
| Fibonacci | 1.49 | 1.53 | 1.56 | 1.60 | 1.64 | 1.67 | 1.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.15 | 1.38 | 1.52 | 1.75 | 1.89 | 2.12 | 2.26 |
| Camarilla | 1.55 | 1.58 | 1.62 | 1.65 | 1.68 | 1.72 | 1.75 |
| Woodie | 1.10 | 1.36 | 1.47 | 1.73 | 1.84 | 2.10 | 2.21 |
| Fibonacci | 1.38 | 1.53 | 1.61 | 1.75 | 1.90 | 1.98 | 2.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.56 | 1.00 | 1.34 | 1.78 | 2.12 | 2.56 | 2.90 |
| Camarilla | 1.48 | 1.55 | 1.62 | 1.69 | 1.76 | 1.83 | 1.91 |
| Woodie | 0.52 | 0.98 | 1.30 | 1.76 | 2.08 | 2.54 | 2.86 |
| Fibonacci | 1.00 | 1.30 | 1.48 | 1.78 | 2.08 | 2.26 | 2.56 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 50.20 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 12.26 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 1.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.55 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 1.92 | |
| Zig ZAG (10): | 1.64 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 27.10 | |
| TEMA (21): | 1.66 | |
| Williams %R (14): | -69.56 | |
| Chande Momentum Oscillator (20): | 0.20 | |
| Repulse (5,40,3): | -0.5800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 7.83 |
| MA7: | 1.67 | |
| MA20: | 1.64 | |
| MA50: | 1.66 | |
| MA100: | 1.53 | |
| MAexp7: | 1.65 | |
| MAexp20: | 1.65 | |
| MAexp50: | 1.64 | |
| MAexp100: | 1.80 | |
| Price / MA7: | +1.20% | |
| Price / MA20: | +3.05% | |
| Price / MA50: | +1.81% | |
| Price / MA100: | +10.46% | |
| Price / MAexp7: | +2.42% | |
| Price / MAexp20: | +2.42% | |
| Price / MAexp50: | +3.05% | |
| Price / MAexp100: | -6.11% |
Quotes :
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Real time data
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