INJECTIVE - INJ/USD - 1H - Technical analysis published on 10/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 19.11 USD
My targets
16.20 USD (-11.76%)
14.94 USD (-18.63%)
My analysis
With a strongly bearish trend, the price of INJECTIVE - INJ/USD is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 19.11 USD remains possible. It would be possible for traders to only trade short positions (for sale) on INJECTIVE - INJ/USD as long as the price remains well below 19.11 USD. The next bearish objective for sellers is set at 16.20 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 14.94 USD. In case of crossing, the next objective would be the support located at 9.38 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8
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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 18.36 USD. The price registered a decrease of -0.05% on the session with the lowest point at 18.24 USD and the highest point at 18.49 USD. The deviation from the price is +0.66% for the low point and -0.70% for the high point.18.24
18.49
18.36
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of INJECTIVE - INJ/USD in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
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:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.42 | 9.38 | 14.94 | 18.36 | 19.11 | 19.52 | 20.55 |
| Change (%) | -86.82% | -48.91% | -18.63% | - | +4.08% | +6.32% | +11.93% |
| Change | -15.94 | -8.98 | -3.42 | - | +0.75 | +1.16 | +2.19 |
| Level | Minor | Intermediate | Major | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.97 | 17.44 | 17.91 | 18.38 | 18.85 | 19.32 | 19.79 |
| Camarilla | 18.11 | 18.20 | 18.28 | 18.37 | 18.46 | 18.54 | 18.63 |
| Woodie | 16.96 | 17.44 | 17.90 | 18.38 | 18.84 | 19.32 | 19.78 |
| Fibonacci | 17.44 | 17.80 | 18.02 | 18.38 | 18.74 | 18.96 | 19.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.87 | 14.03 | 16.20 | 19.36 | 21.53 | 24.69 | 26.86 |
| Camarilla | 16.90 | 17.39 | 17.88 | 18.37 | 18.86 | 19.35 | 19.84 |
| Woodie | 10.38 | 13.78 | 15.71 | 19.11 | 21.04 | 24.44 | 26.37 |
| Fibonacci | 14.03 | 16.07 | 17.32 | 19.36 | 21.40 | 22.65 | 24.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.74 | 12.83 | 17.86 | 20.95 | 25.98 | 29.07 | 34.10 |
| Camarilla | 20.66 | 21.40 | 22.15 | 22.89 | 23.63 | 24.38 | 25.12 |
| Woodie | 10.71 | 13.32 | 18.83 | 21.44 | 26.95 | 29.56 | 35.07 |
| Fibonacci | 12.83 | 15.93 | 17.85 | 20.95 | 24.05 | 25.97 | 29.07 |
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): | 41.68 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -7.97 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 18.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.83 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 18.70 | |
| Zig ZAG (10): | 18.30 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 18.42 | |
| TEMA (21): | 18.35 | |
| Williams %R (14): | -73.77 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | -0.3600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 0.16 |
| MA7: | 19.66 | |
| MA20: | 20.43 | |
| MA50: | 20.44 | |
| MA100: | 20.15 | |
| MAexp7: | 18.34 | |
| MAexp20: | 18.42 | |
| MAexp50: | 18.78 | |
| MAexp100: | 19.37 | |
| Price / MA7: | -6.61% | |
| Price / MA20: | -10.13% | |
| Price / MA50: | -10.18% | |
| Price / MA100: | -8.88% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | -2.24% | |
| Price / MAexp100: | -5.21% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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