INJECTIVE - INJ/USD
INJECTIVE - INJ/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: INJUSD
ISIN:

INJECTIVE - INJ/USD - 1H - Technical analysis published on 01/21/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 1.75 USD
My targets
1.88 USD (+3.87%)
1.96 USD (+8.45%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on INJECTIVE - INJ/USD as long as the price remains well above 1.75 USD. The buyers' bullish objective is set at 1.88 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.96 USD. If there is any crossing, the next objective would be the resistance located at 2.08 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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
4.6

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:
15 min. Daily Weekly

Additional analysis

Quotes

The INJECTIVE - INJ/USD price is 1.81 USD. The price has increased by +10.37% since the last closing with the lowest point at 1.64 USD and the highest point at 1.81 USD. The deviation from the price is +10.37% for the low point and 0% for the high point.

1.64
1.81
1.81

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this INJECTIVE - INJ/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Long black line

Type : Bearish

Timeframe : 1 hour


Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.58 1.65 1.75 1.81 1.88 2.08 2.71
Change (%) -12.71% -8.84% -3.31% - +3.87% +14.92% +49.72%
Change -0.23 -0.16 -0.06 - +0.07 +0.27 +0.90
Level Major Major Intermediate - Minor Intermediate Intermediate



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
Standard1.431.471.561.601.691.731.82
Camarilla1.601.621.631.641.651.661.68
Woodie1.451.481.581.611.711.741.84
Fibonacci1.471.521.551.601.651.681.73


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.011.181.401.571.791.962.18
Camarilla1.501.541.571.611.651.681.72
Woodie1.031.191.421.581.811.972.20
Fibonacci1.181.331.421.571.721.811.96


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.510.871.071.431.631.992.19
Camarilla1.121.171.221.271.321.371.42
Woodie0.430.830.991.391.551.952.11
Fibonacci0.871.081.221.431.641.781.99

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): 53.23
MACD (12,26,9): 0.0400
Directional Movement: 10.41
AROON (14): 71.43
DEMA (21): 1.70
Parabolic SAR (0,02-0,02-0,2): 1.72
Elder Ray (13): 0.01
Super Trend (3,10): 1.64
Zig ZAG (10): 1.64
VORTEX (21): 1.2000
Stochastique (14,3,5): 64.75
TEMA (21): 1.71
Williams %R (14): -72.55
Chande Momentum Oscillator (20): 0.01
Repulse (5,40,3): -4.3500
ROCnROLL: -1
TRIX (15,9): 0.3600
Courbe Coppock: 12.71
MA7: 1.61
MA20: 1.49
MA50: 1.47
MA100: 1.70
MAexp7: 1.68
MAexp20: 1.65
MAexp50: 1.60
MAexp100: 1.59
Price / MA7: +12.42%
Price / MA20: +21.48%
Price / MA50: +23.13%
Price / MA100: +6.47%
Price / MAexp7: +7.74%
Price / MAexp20: +9.70%
Price / MAexp50: +13.13%
Price / MAexp100: +13.84%

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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