INJECTIVE - INJ/USD - 1H - Technical analysis published on 05/19/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 6.87 USD
My targets
7.23 USD (+3.33%)
7.92 USD (+13.14%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INJECTIVE - INJ/USD as long as the price remains well above 6.87 USD. The buyers' bullish objective is set at 7.23 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.92 USD. If there is any crossing, the next objective would be the resistance located at 9.30 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.8
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Additional analysis
Quotes
The INJECTIVE - INJ/USD rating is 7.00 USD. On the day, this instrument gained +5.26% and was traded between 6.47 USD and 7.00 USD over the period. The price is currently at +8.19% from its lowest and 0% from its highest.6.47
7.00
7.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 6.50 | 6.77 | 6.87 | 7.00 | 7.92 | 9.30 |
| Change (%) | -7.14% | -3.29% | -1.86% | - | +13.14% | +32.86% |
| Change | -0.50 | -0.23 | -0.13 | - | +0.92 | +2.30 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Major |
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 | 5.79 | 6.03 | 6.34 | 6.58 | 6.89 | 7.13 | 7.44 |
| Camarilla | 6.50 | 6.55 | 6.60 | 6.65 | 6.70 | 6.75 | 6.80 |
| Woodie | 5.83 | 6.05 | 6.38 | 6.60 | 6.93 | 7.15 | 7.48 |
| Fibonacci | 6.03 | 6.24 | 6.37 | 6.58 | 6.79 | 6.92 | 7.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.17 | 4.39 | 5.20 | 6.42 | 7.23 | 8.45 | 9.26 |
| Camarilla | 5.46 | 5.65 | 5.83 | 6.02 | 6.21 | 6.39 | 6.58 |
| Woodie | 2.98 | 4.29 | 5.01 | 6.32 | 7.04 | 8.35 | 9.07 |
| Fibonacci | 4.39 | 5.16 | 5.64 | 6.42 | 7.19 | 7.67 | 8.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.21 | 2.25 | 5.00 | 7.46 | 10.21 | 12.67 | 15.42 |
| Camarilla | 6.32 | 6.80 | 7.27 | 7.75 | 8.23 | 8.71 | 9.18 |
| Woodie | -0.07 | 2.32 | 5.15 | 7.53 | 10.36 | 12.74 | 15.57 |
| Fibonacci | 2.25 | 4.24 | 5.47 | 7.46 | 9.45 | 10.68 | 12.67 |
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): | 65.48 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 21.02 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 6.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.49 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 6.49 | |
| Zig ZAG (10): | 6.81 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 83.69 | |
| TEMA (21): | 6.73 | |
| Williams %R (14): | -8.70 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | 2.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 6.66 |
| MA7: | 6.40 | |
| MA20: | 6.88 | |
| MA50: | 6.97 | |
| MA100: | 5.39 | |
| MAexp7: | 6.72 | |
| MAexp20: | 6.63 | |
| MAexp50: | 6.52 | |
| MAexp100: | 6.42 | |
| Price / MA7: | +9.38% | |
| Price / MA20: | +1.74% | |
| Price / MA50: | +0.43% | |
| Price / MA100: | +29.87% | |
| Price / MAexp7: | +4.17% | |
| Price / MAexp20: | +5.58% | |
| Price / MAexp50: | +7.36% | |
| Price / MAexp100: | +9.03% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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