INJECTIVE - INJ/USD - 1H - Technical analysis published on 07/20/2024 (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:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 27.49 USD
My targets
31.23 USD (+12.22%)
31.40 USD (+12.84%)
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 27.49 USD. The buyers' bullish objective is set at 31.23 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 31.40 USD. If there is any crossing, the next objective would be the resistance located at 37.67 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
8.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
INJECTIVE - INJ/USD rating 27.83 USD. The price registered an increase of +4.59% on the session with the lowest point at 26.42 USD and the highest point at 28.23 USD. The deviation from the price is +5.34% for the low point and -1.42% for the high point.26.42
28.23
27.83
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by INJECTIVE - INJ/USD:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
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
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.67 | 26.86 | 27.49 | 27.83 | 31.23 | 37.67 | 43.34 |
| Change (%) | -7.76% | -3.49% | -1.22% | - | +12.22% | +35.36% | +55.73% |
| Change | -2.16 | -0.97 | -0.34 | - | +3.40 | +9.84 | +15.51 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.87 | 24.77 | 25.69 | 26.59 | 27.51 | 28.41 | 29.33 |
| Camarilla | 26.11 | 26.28 | 26.44 | 26.61 | 26.78 | 26.94 | 27.11 |
| Woodie | 23.88 | 24.78 | 25.70 | 26.60 | 27.52 | 28.42 | 29.34 |
| Fibonacci | 24.77 | 25.47 | 25.90 | 26.59 | 27.29 | 27.72 | 28.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.54 | 16.14 | 18.21 | 19.81 | 21.88 | 23.48 | 25.55 |
| Camarilla | 19.28 | 19.62 | 19.95 | 20.29 | 20.63 | 20.96 | 21.30 |
| Woodie | 14.79 | 16.26 | 18.46 | 19.93 | 22.13 | 23.60 | 25.80 |
| Fibonacci | 16.14 | 17.54 | 18.41 | 19.81 | 21.21 | 22.08 | 23.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.86 | 10.80 | 17.13 | 25.07 | 31.40 | 39.34 | 45.67 |
| Camarilla | 19.55 | 20.85 | 22.16 | 23.47 | 24.78 | 26.09 | 27.39 |
| Woodie | 2.07 | 10.40 | 16.34 | 24.67 | 30.61 | 38.94 | 44.88 |
| Fibonacci | 10.80 | 16.25 | 19.62 | 25.07 | 30.52 | 33.89 | 39.34 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 67.80 | |
| MACD (12,26,9): | 0.3400 | |
| Directional Movement: | 27.57 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 27.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 26.55 | |
| Elder Ray (13): | 0.93 | |
| Super Trend (3,10): | 26.83 | |
| Zig ZAG (10): | 28.02 | |
| VORTEX (21): | 1.2700 | |
| Stochastique (14,3,5): | 91.44 | |
| TEMA (21): | 27.46 | |
| Williams %R (14): | -7.07 | |
| Chande Momentum Oscillator (20): | 1.22 | |
| Repulse (5,40,3): | 3.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 4.39 |
| MA7: | 25.28 | |
| MA20: | 22.18 | |
| MA50: | 23.63 | |
| MA100: | 24.53 | |
| MAexp7: | 27.36 | |
| MAexp20: | 26.77 | |
| MAexp50: | 26.33 | |
| MAexp100: | 25.51 | |
| Price / MA7: | +10.09% | |
| Price / MA20: | +25.47% | |
| Price / MA50: | +17.77% | |
| Price / MA100: | +13.45% | |
| Price / MAexp7: | +1.72% | |
| Price / MAexp20: | +3.96% | |
| Price / MAexp50: | +5.70% | |
| Price / MAexp100: | +9.09% |
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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