INJECTIVE - INJ/USD - 1H - Technical analysis published on 09/04/2023 (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:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 6.88 USD
My targets
6.75 USD (-0.88%)
6.66 USD (-2.20%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INJECTIVE - INJ/USD as long as the price remains well below 6.88 USD. The next bearish objective for sellers is set at 6.75 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.66 USD. If there is any crossing, the next objective would be the support located at 5.82 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INJECTIVE - INJ/USD rating is 6.81 USD. On the day, this instrument lost -0.15% with the lowest point at 6.75 USD and the highest point at 6.97 USD. The deviation from the price is +0.89% for the low point and -2.30% for the high point.6.75
6.97
6.81
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of INJECTIVE - INJ/USD indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish 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 adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.82 | 6.66 | 6.75 | 6.81 | 6.88 | 7.08 | 7.30 |
| Change (%) | -14.54% | -2.20% | -0.88% | - | +1.03% | +3.96% | +7.20% |
| Change | -0.99 | -0.15 | -0.06 | - | +0.07 | +0.27 | +0.49 |
| Level | Major | Major | Minor | - | Minor | 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 | 6.59 | 6.65 | 6.74 | 6.80 | 6.89 | 6.95 | 7.04 |
| Camarilla | 6.78 | 6.79 | 6.81 | 6.82 | 6.83 | 6.85 | 6.86 |
| Woodie | 6.60 | 6.66 | 6.75 | 6.81 | 6.90 | 6.96 | 7.05 |
| Fibonacci | 6.65 | 6.71 | 6.75 | 6.80 | 6.86 | 6.90 | 6.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.54 | 6.10 | 6.43 | 6.99 | 7.32 | 7.88 | 8.21 |
| Camarilla | 6.52 | 6.60 | 6.68 | 6.76 | 6.84 | 6.92 | 7.01 |
| Woodie | 5.43 | 6.04 | 6.32 | 6.93 | 7.21 | 7.82 | 8.10 |
| Fibonacci | 6.10 | 6.44 | 6.65 | 6.99 | 7.33 | 7.54 | 7.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.76 | 5.71 | 6.35 | 7.30 | 7.94 | 8.89 | 9.53 |
| Camarilla | 6.55 | 6.70 | 6.84 | 6.99 | 7.14 | 7.28 | 7.43 |
| Woodie | 4.61 | 5.63 | 6.20 | 7.22 | 7.79 | 8.81 | 9.38 |
| Fibonacci | 5.71 | 6.32 | 6.69 | 7.30 | 7.91 | 8.28 | 8.89 |
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): | 47.54 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -6.19 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 6.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.89 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 6.76 | |
| Zig ZAG (10): | 6.81 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 36.03 | |
| TEMA (21): | 6.84 | |
| Williams %R (14): | -55.56 | |
| Chande Momentum Oscillator (20): | -0.05 | |
| Repulse (5,40,3): | 1.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.72 |
| MA7: | 6.94 | |
| MA20: | 7.24 | |
| MA50: | 7.78 | |
| MA100: | 7.60 | |
| MAexp7: | 6.84 | |
| MAexp20: | 6.83 | |
| MAexp50: | 6.84 | |
| MAexp100: | 6.88 | |
| Price / MA7: | -1.87% | |
| Price / MA20: | -5.94% | |
| Price / MA50: | -12.47% | |
| Price / MA100: | -10.39% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | -0.29% | |
| Price / MAexp50: | -0.44% | |
| Price / MAexp100: | -1.02% |
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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