VULCAN FORGED - PYR/BTC

- BTC (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	PYRBTC
ISIN:

VULCAN FORGED - PYR/BTC - Daily - Technical analysis published on 11/01/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

61%

33%

My opinion

Bullish above 0.000104 BTC

My targets

0.000126 BTC (+8.62%)

0.000140 BTC (+20.69%)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on VULCAN FORGED - PYR/BTC as long as the price remains well above 0.000104 BTC. The buyers' bullish objective is set at 0.000126 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.000140 BTC. If there is any crossing, the next objective would be the resistance located at 0.000166 BTC.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

4.8

Comment on the analysis

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.

This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The VULCAN FORGED - PYR/BTC rating is 0.000116 BTC. The price is lower by -0.86% since the last closing and was between 0.000115 BTC and 0.000117 BTC. This implies that the price is at +0.87% from its lowest and at -0.85% from its highest.

0.000115

0.000117

0.000116

Here is a more detailed summary of the historical variations registered by VULCAN FORGED - PYR/BTC:

Technical

A technical analysis in Daily of this VULCAN FORGED - PYR/BTC chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced 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.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.000096	0.000104	0.000116	0.000117	0.000126	0.000140
Change (%)	-17.24%	-10.34%	-	+0.86%	+8.62%	+20.69%
Change	-0.000020	-0.000012	-	+0.000001	+0.000010	+0.000024
Level	Minor	Major	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000106	0.000110	0.000113	0.000117	0.000120	0.000124	0.000127
Camarilla	0.000115	0.000116	0.000116	0.000117	0.000118	0.000118	0.000119
Woodie	0.000107	0.000110	0.000114	0.000117	0.000121	0.000124	0.000128
Fibonacci	0.000110	0.000112	0.000114	0.000117	0.000119	0.000121	0.000124

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000052	0.000075	0.000096	0.000119	0.000140	0.000163	0.000184
Camarilla	0.000106	0.000110	0.000114	0.000118	0.000122	0.000126	0.000130
Woodie	0.000052	0.000075	0.000096	0.000119	0.000140	0.000163	0.000184
Fibonacci	0.000075	0.000092	0.000102	0.000119	0.000136	0.000146	0.000163

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000045	0.000069	0.000093	0.000117	0.000141	0.000165	0.000189
Camarilla	0.000104	0.000108	0.000113	0.000117	0.000121	0.000126	0.000130
Woodie	0.000045	0.000069	0.000093	0.000117	0.000141	0.000165	0.000189
Fibonacci	0.000069	0.000087	0.000099	0.000117	0.000135	0.000147	0.000165

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):	56.81
MACD (12,26,9):	0.0000
Directional Movement:	22.768555
AROON (14):	42.857143
DEMA (21):	0.000113
Parabolic SAR (0,02-0,02-0,2):	0.000113
Elder Ray (13):	0.000003
Super Trend (3,10):	0.000096
Zig ZAG (10):	0.000117
VORTEX (21):	1.0690
Stochastique (14,3,5):	50.69
TEMA (21):	0.000118
Williams %R (14):	-50.00
Chande Momentum Oscillator (20):	0.000021
Repulse (5,40,3):	0.8334
ROCnROLL:	1
TRIX (15,9):	0.0092
Courbe Coppock:	32.51

MA7:	0.000117
MA20:	0.000108
MA50:	0.000112
MA100:	0.000116
MAexp7:	0.000116
MAexp20:	0.000111
MAexp50:	0.000112
MAexp100:	0.000115
Price / MA7:	-0.85%
Price / MA20:	+7.41%
Price / MA50:	+3.57%
Price / MA100:	-0%
Price / MAexp7:	-0%
Price / MAexp20:	+4.50%
Price / MAexp50:	+3.57%
Price / MAexp100:	+0.87%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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