INJECTIVE - INJ/USD - 1H - Technical analysis published on 03/30/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 4.52 USD
My targets
4.86 USD (+4.97%)
My analysis
The bullish trend is currently very strong on INJECTIVE - INJ/USD. As long as the price remains above the support at 4.52 USD, you could try to benefit from the boom. The first bullish objective is located at 4.86 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.8
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.
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Additional analysis
Quotes
The INJECTIVE - INJ/USD price is 4.63 USD. On the day, this instrument gained +6.19% and was between 4.20 USD and 4.63 USD. This implies that the price is at +10.24% from its lowest and at 0% from its highest.4.20
4.63
4.63
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of INJECTIVE - INJ/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.26 | 4.42 | 4.52 | 4.63 | 4.86 |
| Change (%) | -7.99% | -4.54% | -2.38% | - | +4.97% |
| Change | -0.37 | -0.21 | -0.11 | - | +0.23 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.90 | 4.04 | 4.20 | 4.34 | 4.50 | 4.64 | 4.80 |
| Camarilla | 4.28 | 4.31 | 4.33 | 4.36 | 4.39 | 4.42 | 4.44 |
| Woodie | 3.91 | 4.05 | 4.21 | 4.35 | 4.51 | 4.65 | 4.81 |
| Fibonacci | 4.04 | 4.16 | 4.23 | 4.34 | 4.46 | 4.53 | 4.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.71 | 3.26 | 3.54 | 4.09 | 4.37 | 4.92 | 5.20 |
| Camarilla | 3.60 | 3.68 | 3.75 | 3.83 | 3.91 | 3.98 | 4.06 |
| Woodie | 2.59 | 3.19 | 3.42 | 4.02 | 4.25 | 4.85 | 5.08 |
| Fibonacci | 3.26 | 3.57 | 3.77 | 4.09 | 4.40 | 4.60 | 4.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.46 | 2.23 | 2.98 | 3.75 | 4.50 | 5.27 | 6.02 |
| Camarilla | 3.30 | 3.44 | 3.58 | 3.72 | 3.86 | 4.00 | 4.14 |
| Woodie | 1.44 | 2.23 | 2.96 | 3.75 | 4.48 | 5.27 | 6.00 |
| Fibonacci | 2.23 | 2.81 | 3.17 | 3.75 | 4.33 | 4.69 | 5.27 |
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): | 63.72 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 18.54 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 4.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.25 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 4.18 | |
| Zig ZAG (10): | 4.49 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 65.51 | |
| TEMA (21): | 4.42 | |
| Williams %R (14): | -29.72 | |
| Chande Momentum Oscillator (20): | 0.20 | |
| Repulse (5,40,3): | 1.9300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 4.35 |
| MA7: | 4.13 | |
| MA20: | 4.13 | |
| MA50: | 3.80 | |
| MA100: | 2.75 | |
| MAexp7: | 4.42 | |
| MAexp20: | 4.36 | |
| MAexp50: | 4.27 | |
| MAexp100: | 4.17 | |
| Price / MA7: | +12.11% | |
| Price / MA20: | +12.11% | |
| Price / MA50: | +21.84% | |
| Price / MA100: | +68.36% | |
| Price / MAexp7: | +4.75% | |
| Price / MAexp20: | +6.19% | |
| Price / MAexp50: | +8.43% | |
| Price / MAexp100: | +11.03% |
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.
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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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