QUICKSWAP - QUICK/USD - 1H - Technical analysis published on 03/24/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 224.64 USD
My targets
233.92 USD (+1.93%)
236.35 USD (+2.99%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on QUICKSWAP - QUICK/USD as long as the price remains well above 224.64 USD. The buyers' bullish objective is set at 233.92 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 236.35 USD. If there is any crossing, the next objective would be the resistance located at 280.01 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
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.
This analysis was given by Vincent Launay.
Additional analysis
Quotes
The QUICKSWAP - QUICK/USD rating is 229.50 USD. The price registered a decrease of -0.07% on the session with the lowest point at 222.44 USD and the highest point at 234.19 USD. The deviation from the price is +3.17% for the low point and -2.00% for the high point.222.44
234.19
229.50
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:
Technical
A technical analysis in 1H of this QUICKSWAP - QUICK/USD chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
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 | 172.57 | 186.39 | 215.04 | 229.50 | 233.92 | 280.01 | 294.99 |
| Change (%) | -24.81% | -18.78% | -6.30% | - | +1.93% | +22.01% | +28.54% |
| Change | -56.93 | -43.11 | -14.46 | - | +4.42 | +50.51 | +65.49 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 199.58 | 207.24 | 218.44 | 226.10 | 237.30 | 244.96 | 256.16 |
| Camarilla | 224.46 | 226.19 | 227.92 | 229.65 | 231.38 | 233.11 | 234.84 |
| Woodie | 201.36 | 208.13 | 220.22 | 226.99 | 239.08 | 245.85 | 257.94 |
| Fibonacci | 207.24 | 214.44 | 218.89 | 226.10 | 233.30 | 237.75 | 244.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.40 | 89.28 | 166.47 | 236.35 | 313.54 | 383.42 | 460.61 |
| Camarilla | 203.21 | 216.69 | 230.17 | 243.65 | 257.13 | 270.61 | 284.09 |
| Woodie | 23.05 | 91.11 | 170.12 | 238.18 | 317.19 | 385.25 | 464.26 |
| Fibonacci | 89.28 | 145.46 | 180.17 | 236.35 | 292.53 | 327.24 | 383.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.94 | 85.19 | 127.29 | 182.54 | 224.64 | 279.89 | 321.99 |
| Camarilla | 142.62 | 151.54 | 160.47 | 169.39 | 178.31 | 187.24 | 196.16 |
| Woodie | 23.37 | 81.90 | 120.72 | 179.25 | 218.07 | 276.60 | 315.42 |
| Fibonacci | 85.19 | 122.38 | 145.35 | 182.54 | 219.73 | 242.70 | 279.89 |
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): | 54.20 | |
| MACD (12,26,9): | 0.5200 | |
| Directional Movement: | 6.23 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 228.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 231.86 | |
| Elder Ray (13): | 1.25 | |
| Super Trend (3,10): | 222.10 | |
| Zig ZAG (10): | 229.97 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 45.05 | |
| TEMA (21): | 228.12 | |
| Williams %R (14): | -32.00 | |
| Chande Momentum Oscillator (20): | 4.16 | |
| Repulse (5,40,3): | 1.8500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 0.72 |
| MA7: | 220.92 | |
| MA20: | 184.76 | |
| MA50: | 185.05 | |
| MA100: | - | |
| MAexp7: | 227.80 | |
| MAexp20: | 227.42 | |
| MAexp50: | 225.78 | |
| MAexp100: | 222.25 | |
| Price / MA7: | +3.88% | |
| Price / MA20: | +24.22% | |
| Price / MA50: | +24.02% | |
| Price / MA100: | - | |
| Price / MAexp7: | +0.75% | |
| Price / MAexp20: | +0.91% | |
| Price / MAexp50: | +1.65% | |
| Price / MAexp100: | +3.26% |
Quotes :
-
Real time data
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