INJECTIVE - INJ/USD - 1H - Technical analysis published on 11/06/2023 (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
67%
6%
28%
My opinion
Bullish above 16.44 USD
My targets
17.63 USD (+1.75%)
19.24 USD (+11.00%)
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 16.44 USD. The buyers' bullish objective is set at 17.63 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 19.24 USD. If there is any crossing, the next objective would be the resistance located at 19.44 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
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Additional analysis
Quotes
The INJECTIVE - INJ/USD price is 17.33 USD. On the day, this instrument gained +7.37% with the lowest point at 15.69 USD and the highest point at 18.01 USD. The deviation from the price is +10.45% for the low point and -3.78% for the high point.15.69
18.01
17.33
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
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. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
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
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 14.85 | 15.32 | 15.83 | 17.33 |
| Change (%) | -14.31% | -11.60% | -8.66% | - |
| Change | -2.48 | -2.01 | -1.50 | - |
| Level | Minor | Minor | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.77 | 14.38 | 15.26 | 15.87 | 16.75 | 17.36 | 18.24 |
| Camarilla | 15.73 | 15.87 | 16.00 | 16.14 | 16.28 | 16.41 | 16.55 |
| Woodie | 13.91 | 14.45 | 15.40 | 15.94 | 16.89 | 17.43 | 18.38 |
| Fibonacci | 14.38 | 14.95 | 15.30 | 15.87 | 16.44 | 16.79 | 17.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.44 | 11.63 | 13.44 | 14.63 | 16.44 | 17.63 | 19.44 |
| Camarilla | 14.42 | 14.69 | 14.97 | 15.24 | 15.52 | 15.79 | 16.07 |
| Woodie | 10.74 | 11.79 | 13.74 | 14.79 | 16.74 | 17.79 | 19.74 |
| Fibonacci | 11.63 | 12.78 | 13.49 | 14.63 | 15.78 | 16.49 | 17.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.10 | 4.64 | 9.40 | 11.94 | 16.70 | 19.24 | 24.00 |
| Camarilla | 12.16 | 12.83 | 13.50 | 14.17 | 14.84 | 15.51 | 16.18 |
| Woodie | 3.22 | 5.20 | 10.52 | 12.50 | 17.82 | 19.80 | 25.12 |
| Fibonacci | 4.64 | 7.43 | 9.15 | 11.94 | 14.73 | 16.45 | 19.24 |
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): | 64.72 | |
| MACD (12,26,9): | 0.4400 | |
| Directional Movement: | 20.79 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 17.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.58 | |
| Elder Ray (13): | 0.34 | |
| Super Trend (3,10): | 16.72 | |
| Zig ZAG (10): | 17.30 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 67.13 | |
| TEMA (21): | 17.43 | |
| Williams %R (14): | -27.92 | |
| Chande Momentum Oscillator (20): | 1.45 | |
| Repulse (5,40,3): | 0.5800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3300 | |
| Courbe Coppock: | 14.43 |
| MA7: | 15.26 | |
| MA20: | 12.56 | |
| MA50: | 9.51 | |
| MA100: | 8.43 | |
| MAexp7: | 17.18 | |
| MAexp20: | 16.72 | |
| MAexp50: | 16.06 | |
| MAexp100: | 15.47 | |
| Price / MA7: | +13.56% | |
| Price / MA20: | +37.98% | |
| Price / MA50: | +82.23% | |
| Price / MA100: | +105.58% | |
| Price / MAexp7: | +0.87% | |
| Price / MAexp20: | +3.65% | |
| Price / MAexp50: | +7.91% | |
| Price / MAexp100: | +12.02% |
Quotes :
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Real time data
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