QUICKSWAP - QUICK/USD - Daily - Technical analysis published on 04/03/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 72.09 USD
My targets
98.41 USD (+12.87%)
109.45 USD (+25.53%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 72.09 USD remains possible. It is advisable to trade QUICKSWAP - QUICK/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 72.09 USD. The next bullish objective for buyers is set at 98.41 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 109.45 USD. PS: if there is a bearish break in the support located at 72.09 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.9
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 Londinia.
Additional analysis
Quotes
The QUICKSWAP - QUICK/USD price is 87.19 USD. On the day, this instrument lost -0.02% and was traded between 85.48 USD and 87.29 USD over the period. The price is currently at +2.00% from its lowest and -0.11% from its highest.85.48
87.29
87.19
Here is a more detailed summary of the historical variations registered by QUICKSWAP - QUICK/USD:
Technical
Technical analysis of this Daily chart of QUICKSWAP - QUICK/USD indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 57.37 | 69.54 | 85.48 | 87.19 | 98.41 | 109.45 |
| Change (%) | -34.20% | -20.24% | -1.96% | - | +12.87% | +25.53% |
| Change | -29.82 | -17.65 | -1.71 | - | +11.22 | +22.26 |
| Level | Intermediate | Minor | Major | - | Intermediate | 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 | 79.43 | 82.79 | 85.00 | 88.36 | 90.57 | 93.93 | 96.14 |
| Camarilla | 85.68 | 86.19 | 86.70 | 87.21 | 87.72 | 88.23 | 88.74 |
| Woodie | 78.86 | 82.50 | 84.43 | 88.07 | 90.00 | 93.64 | 95.57 |
| Fibonacci | 82.79 | 84.92 | 86.23 | 88.36 | 90.49 | 91.80 | 93.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.34 | 73.06 | 81.69 | 93.41 | 102.04 | 113.76 | 122.39 |
| Camarilla | 84.72 | 86.59 | 88.46 | 90.32 | 92.19 | 94.05 | 95.92 |
| Woodie | 59.80 | 72.29 | 80.15 | 92.64 | 100.50 | 112.99 | 120.85 |
| Fibonacci | 73.06 | 80.83 | 85.64 | 93.41 | 101.18 | 105.99 | 113.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.68 | 53.14 | 72.09 | 93.55 | 112.50 | 133.96 | 152.91 |
| Camarilla | 79.94 | 83.64 | 87.35 | 91.05 | 94.75 | 98.46 | 102.16 |
| Woodie | 30.44 | 52.51 | 70.85 | 92.92 | 111.26 | 133.33 | 151.67 |
| Fibonacci | 53.14 | 68.57 | 78.11 | 93.55 | 108.98 | 118.52 | 133.96 |
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): | 49.42 | |
| MACD (12,26,9): | 0.8500 | |
| Directional Movement: | 13.25 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 90.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 79.15 | |
| Elder Ray (13): | -2.34 | |
| Super Trend (3,10): | 68.64 | |
| Zig ZAG (10): | 87.18 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 22.72 | |
| TEMA (21): | 87.58 | |
| Williams %R (14): | -82.11 | |
| Chande Momentum Oscillator (20): | 1.70 | |
| Repulse (5,40,3): | -2.3700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 0.90 |
| MA7: | 88.48 | |
| MA20: | 88.77 | |
| MA50: | 84.02 | |
| MA100: | 67.97 | |
| MAexp7: | 88.47 | |
| MAexp20: | 88.53 | |
| MAexp50: | 82.96 | |
| MAexp100: | 74.85 | |
| Price / MA7: | -1.46% | |
| Price / MA20: | -1.78% | |
| Price / MA50: | +3.77% | |
| Price / MA100: | +28.28% | |
| Price / MAexp7: | -1.45% | |
| Price / MAexp20: | -1.51% | |
| Price / MAexp50: | +5.10% | |
| Price / MAexp100: | +16.49% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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