QUICKSWAP - QUICK/USD - 1H - Technical analysis published on 02/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Bearish under 106.09 USD
My targets
95.04 USD (-5.44%)
89.71 USD (-10.74%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for QUICKSWAP - QUICK/USD as long as the price remains well below 106.09 USD. The next bearish objective for sellers is set at 95.04 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 89.71 USD. In case of crossing, the next objective would be the support located at 69.54 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 95.04 USD. With this support, against the trend traders who want to buy QUICKSWAP - QUICK/USD on a buy signal from their trading strategy should not hesitate to act.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
1.6
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This analysis was given by Joeymeloney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The QUICKSWAP - QUICK/USD price is 100.51 USD. The price is lower by -8.17% since the last closing and was traded between 99.60 USD and 119.47 USD over the period. The price is currently at +0.91% from its lowest and -15.87% from its highest.99.60
119.47
100.51
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of QUICKSWAP - QUICK/USD indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 57.19 | 69.54 | 95.04 | 100.51 | 106.09 | 113.05 | 121.14 |
| Change (%) | -43.10% | -30.81% | -5.44% | - | +5.55% | +12.48% | +20.53% |
| Change | -43.32 | -30.97 | -5.47 | - | +5.58 | +12.54 | +20.63 |
| Level | Major | Major | Intermediate | - | Minor | Minor | 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 | 74.95 | 84.07 | 88.62 | 97.74 | 102.29 | 111.41 | 115.96 |
| Camarilla | 89.42 | 90.67 | 91.93 | 93.18 | 94.43 | 95.69 | 96.94 |
| Woodie | 72.68 | 82.93 | 86.35 | 96.60 | 100.02 | 110.27 | 113.69 |
| Fibonacci | 84.07 | 89.29 | 92.52 | 97.74 | 102.96 | 106.19 | 111.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.64 | 46.23 | 56.33 | 62.92 | 73.02 | 79.61 | 89.71 |
| Camarilla | 61.85 | 63.38 | 64.91 | 66.44 | 67.97 | 69.50 | 71.03 |
| Woodie | 41.41 | 47.11 | 58.10 | 63.80 | 74.79 | 80.49 | 91.48 |
| Fibonacci | 46.23 | 52.60 | 56.54 | 62.92 | 69.29 | 73.23 | 79.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.40 | 35.67 | 47.88 | 58.15 | 70.36 | 80.63 | 92.84 |
| Camarilla | 53.91 | 55.97 | 58.03 | 60.09 | 62.15 | 64.21 | 66.27 |
| Woodie | 26.37 | 36.16 | 48.85 | 58.64 | 71.33 | 81.12 | 93.81 |
| Fibonacci | 35.67 | 44.26 | 49.56 | 58.15 | 66.74 | 72.04 | 80.63 |
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): | 40.52 | |
| MACD (12,26,9): | -1.0500 | |
| Directional Movement: | -3.09 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 104.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 109.27 | |
| Elder Ray (13): | -4.05 | |
| Super Trend (3,10): | 99.07 | |
| Zig ZAG (10): | 100.51 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 13.62 | |
| TEMA (21): | 102.15 | |
| Williams %R (14): | -92.36 | |
| Chande Momentum Oscillator (20): | -5.51 | |
| Repulse (5,40,3): | -2.3300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 12.81 |
| MA7: | 85.49 | |
| MA20: | 67.72 | |
| MA50: | 59.51 | |
| MA100: | 55.33 | |
| MAexp7: | 102.90 | |
| MAexp20: | 105.10 | |
| MAexp50: | 103.69 | |
| MAexp100: | 97.02 | |
| Price / MA7: | +17.57% | |
| Price / MA20: | +48.42% | |
| Price / MA50: | +68.90% | |
| Price / MA100: | +81.66% | |
| Price / MAexp7: | +10.98% | |
| Price / MAexp20: | +8.66% | |
| Price / MAexp50: | +10.14% | |
| Price / MAexp100: | +17.71% |
Quotes :
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Real time data
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