INJECTIVE - INJ/USD - 1H - Technical analysis published on 01/15/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 39.29 USD
My targets
40.76 USD (+2.16%)
43.34 USD (+8.62%)
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 39.29 USD. The buyers' bullish objective is set at 40.76 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 43.34 USD. If there is any crossing, the next objective would be the resistance located at 45.25 USD.
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
6.6
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.
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Additional analysis
Quotes
INJECTIVE - INJ/USD rating 39.90 USD. On the day, this instrument gained +8.25% and was between 36.75 USD and 40.02 USD. This implies that the price is at +8.57% from its lowest and at -0.30% from its highest.36.75
40.02
39.90
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of INJECTIVE - INJ/USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from 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 100
Type : Bullish
Timeframe : 1 hour
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 36.54 | 37.70 | 39.75 | 39.90 | 40.76 | 43.34 | 45.25 |
| Change (%) | -8.42% | -5.51% | -0.38% | - | +2.16% | +8.62% | +13.41% |
| Change | -3.36 | -2.20 | -0.15 | - | +0.86 | +3.44 | +5.35 |
| Level | Major | Minor | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.57 | 34.61 | 35.74 | 37.78 | 38.91 | 40.95 | 42.08 |
| Camarilla | 35.99 | 36.28 | 36.57 | 36.86 | 37.15 | 37.44 | 37.73 |
| Woodie | 32.11 | 34.38 | 35.28 | 37.55 | 38.45 | 40.72 | 41.62 |
| Fibonacci | 34.61 | 35.82 | 36.57 | 37.78 | 38.99 | 39.74 | 40.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.70 | 27.66 | 33.33 | 39.29 | 44.96 | 50.92 | 56.59 |
| Camarilla | 35.80 | 36.87 | 37.93 | 39.00 | 40.07 | 41.13 | 42.20 |
| Woodie | 21.56 | 27.59 | 33.19 | 39.22 | 44.82 | 50.85 | 56.45 |
| Fibonacci | 27.66 | 32.10 | 34.85 | 39.29 | 43.73 | 46.48 | 50.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -9.62 | 3.09 | 19.41 | 32.12 | 48.44 | 61.15 | 77.47 |
| Camarilla | 27.74 | 30.40 | 33.06 | 35.72 | 38.38 | 41.04 | 43.70 |
| Woodie | -7.83 | 3.99 | 21.21 | 33.02 | 50.24 | 62.05 | 79.27 |
| Fibonacci | 3.09 | 14.18 | 21.03 | 32.12 | 43.21 | 50.06 | 61.15 |
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): | 62.11 | |
| MACD (12,26,9): | 0.2000 | |
| Directional Movement: | 12.45 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 38.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 36.96 | |
| Elder Ray (13): | 0.67 | |
| Super Trend (3,10): | 39.44 | |
| Zig ZAG (10): | 39.39 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 94.02 | |
| TEMA (21): | 38.70 | |
| Williams %R (14): | -1.08 | |
| Chande Momentum Oscillator (20): | 1.18 | |
| Repulse (5,40,3): | 2.9500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.15 |
| MA7: | 38.81 | |
| MA20: | 38.11 | |
| MA50: | 31.43 | |
| MA100: | 22.26 | |
| MAexp7: | 38.76 | |
| MAexp20: | 38.29 | |
| MAexp50: | 38.17 | |
| MAexp100: | 38.36 | |
| Price / MA7: | +2.81% | |
| Price / MA20: | +4.70% | |
| Price / MA50: | +26.95% | |
| Price / MA100: | +79.25% | |
| Price / MAexp7: | +2.94% | |
| Price / MAexp20: | +4.20% | |
| Price / MAexp50: | +4.53% | |
| Price / MAexp100: | +4.01% |
Quotes :
-
Real time data
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Cryptocompare
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