INJECTIVE - INJ/USD - 1H - Technical analysis published on 09/11/2024 (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
56%
17%
28%
My opinion
Bullish above 17.63 USD
My targets
20.00 USD (+8.05%)
22.34 USD (+20.71%)
My analysis
The bullish trend is currently very strong on INJECTIVE - INJ/USD. As long as the price remains above the support at 17.63 USD, you could try to benefit from the boom. The first bullish objective is located at 20.00 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 22.34 USD as an objective. Crossing it would then enable buyers to target 23.34 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.3
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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 price is 18.51 USD. On the day, this instrument gained +1.76% with the lowest point at 17.74 USD and the highest point at 18.54 USD. The deviation from the price is +4.34% for the low point and -0.16% for the high point.17.74
18.54
18.51
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of INJECTIVE - INJ/USD indicates that the overall trend is strongly bullish. 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.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum 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.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.60 | 17.63 | 18.48 | 18.51 | 23.34 | 31.23 | 43.34 |
| Change (%) | -10.32% | -4.75% | -0.16% | - | +26.09% | +68.72% | +134.14% |
| Change | -1.91 | -0.88 | -0.03 | - | +4.83 | +12.72 | +24.83 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 15.77 | 16.37 | 17.28 | 17.88 | 18.79 | 19.39 | 20.30 |
| Camarilla | 17.78 | 17.91 | 18.05 | 18.19 | 18.33 | 18.47 | 18.61 |
| Woodie | 15.93 | 16.45 | 17.44 | 17.96 | 18.95 | 19.47 | 20.46 |
| Fibonacci | 16.37 | 16.95 | 17.30 | 17.88 | 18.46 | 18.81 | 19.39 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.23 | 13.63 | 14.82 | 16.22 | 17.41 | 18.81 | 20.00 |
| Camarilla | 15.30 | 15.54 | 15.77 | 16.01 | 16.25 | 16.49 | 16.72 |
| Woodie | 12.13 | 13.58 | 14.72 | 16.17 | 17.31 | 18.76 | 19.90 |
| Fibonacci | 13.63 | 14.62 | 15.23 | 16.22 | 17.21 | 17.82 | 18.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.36 | 8.44 | 12.85 | 17.93 | 22.34 | 27.42 | 31.83 |
| Camarilla | 14.66 | 15.53 | 16.40 | 17.27 | 18.14 | 19.01 | 19.88 |
| Woodie | 3.04 | 8.27 | 12.53 | 17.76 | 22.02 | 27.25 | 31.51 |
| Fibonacci | 8.44 | 12.06 | 14.30 | 17.93 | 21.55 | 23.79 | 27.42 |
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): | 59.28 | |
| MACD (12,26,9): | 0.1500 | |
| Directional Movement: | 9.07 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 18.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.75 | |
| Elder Ray (13): | 0.12 | |
| Super Trend (3,10): | 17.61 | |
| Zig ZAG (10): | 18.14 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 53.83 | |
| TEMA (21): | 18.18 | |
| Williams %R (14): | -49.91 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | -1.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 0.46 |
| MA7: | 17.01 | |
| MA20: | 18.12 | |
| MA50: | 19.16 | |
| MA100: | 21.43 | |
| MAexp7: | 18.14 | |
| MAexp20: | 18.07 | |
| MAexp50: | 17.67 | |
| MAexp100: | 17.27 | |
| Price / MA7: | +8.82% | |
| Price / MA20: | +2.15% | |
| Price / MA50: | -3.39% | |
| Price / MA100: | -13.63% | |
| Price / MAexp7: | +2.04% | |
| Price / MAexp20: | +2.43% | |
| Price / MAexp50: | +4.75% | |
| Price / MAexp100: | +7.18% |
Quotes :
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Real time data
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