MASK NETWORK - MASK/USDT - 1H - Technical analysis published on 11/20/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 3.04 USDT
My targets
2.63 USDT (-10.24%)
2.51 USDT (-14.23%)
My analysis
MASK NETWORK - MASK/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3.04 USDT. The next support located at 2.63 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2.51 USDT. Below this support, sellers could then target 2.29 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
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.
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Additional analysis
Quotes
MASK NETWORK - MASK/USDT rating 2.93 USDT. On the day, this instrument gained +0.34% with the lowest point at 2.88 USDT and the highest point at 2.94 USDT. The deviation from the price is +1.74% for the low point and -0.34% for the high point.2.88
2.94
2.93
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MASK NETWORK - MASK/USDT:
Technical
Technical analysis of MASK NETWORK - MASK/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.66 | 2.29 | 2.63 | 2.93 | 2.94 | 3.12 | 3.30 |
| Change (%) | -43.34% | -21.84% | -10.24% | - | +0.34% | +6.48% | +12.63% |
| Change | -1.27 | -0.64 | -0.30 | - | +0.01 | +0.19 | +0.37 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.62 | 2.75 | 2.83 | 2.96 | 3.04 | 3.17 | 3.25 |
| Camarilla | 2.86 | 2.88 | 2.90 | 2.92 | 2.94 | 2.96 | 2.98 |
| Woodie | 2.61 | 2.74 | 2.82 | 2.95 | 3.03 | 3.16 | 3.24 |
| Fibonacci | 2.75 | 2.83 | 2.88 | 2.96 | 3.04 | 3.09 | 3.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.58 | 2.11 | 2.51 | 3.04 | 3.44 | 3.97 | 4.37 |
| Camarilla | 2.66 | 2.75 | 2.84 | 2.92 | 3.01 | 3.09 | 3.18 |
| Woodie | 1.53 | 2.08 | 2.46 | 3.01 | 3.39 | 3.94 | 4.32 |
| Fibonacci | 2.11 | 2.46 | 2.68 | 3.04 | 3.39 | 3.61 | 3.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.79 | 0.09 | 1.18 | 2.06 | 3.15 | 4.03 | 5.12 |
| Camarilla | 1.73 | 1.91 | 2.09 | 2.27 | 2.45 | 2.63 | 2.81 |
| Woodie | -0.69 | 0.14 | 1.29 | 2.11 | 3.26 | 4.08 | 5.23 |
| Fibonacci | 0.09 | 0.84 | 1.31 | 2.06 | 2.81 | 3.28 | 4.03 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 40.94 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -6.72 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 2.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.95 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 2.99 | |
| Zig ZAG (10): | 2.92 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 42.78 | |
| TEMA (21): | 2.89 | |
| Williams %R (14): | -59.17 | |
| Chande Momentum Oscillator (20): | -0.04 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2200 | |
| Courbe Coppock: | 4.02 |
| MA7: | 3.05 | |
| MA20: | 3.48 | |
| MA50: | 2.14 | |
| MA100: | 1.74 | |
| MAexp7: | 2.92 | |
| MAexp20: | 2.95 | |
| MAexp50: | 3.02 | |
| MAexp100: | 3.06 | |
| Price / MA7: | -3.93% | |
| Price / MA20: | -15.80% | |
| Price / MA50: | +36.92% | |
| Price / MA100: | +68.39% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | -0.68% | |
| Price / MAexp50: | -2.98% | |
| Price / MAexp100: | -4.25% |
Quotes :
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Real time data
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