MASK NETWORK - MASK/USDT
MASK NETWORK - MASK/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Change: -
Volume: -
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Type: Cryptocurrencies
Ticker: MASKUSDT
ISIN:

MASK NETWORK - MASK/USDT - Daily - Technical analysis published on 03/18/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 5.49 USDT
My targets
6.32 USDT (+0.43%)
7.24 USDT (+15.15%)
My analysis
The bullish trend is currently very strong on MASK NETWORK - MASK/USDT. As long as the price remains above the support at 5.49 USDT, you could try to benefit from the boom. The first bullish objective is located at 6.32 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.24 USDT as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.6

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 finacian. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

The MASK NETWORK - MASK/USDT price is 6.29 USDT. On the day, this instrument gained +21.90% and was traded between 5.16 USDT and 6.43 USDT over the period. The price is currently at +21.90% from its lowest and -2.18% from its highest.

5.16
6.43
6.29

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of MASK NETWORK - MASK/USDT in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



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 these signals that could have an impact on the current short-term trend:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : Daily


Three white soldiers

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 3.39 4.15 5.29 6.29
Change (%) -46.10% -34.02% -15.90% -
Change -2.90 -2.14 -1.00 -
Level Major Minor Intermediate -



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.923.374.274.725.626.076.97
Camarilla4.794.915.045.165.285.415.53
Woodie3.143.484.494.835.846.187.19
Fibonacci3.373.894.214.725.245.566.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.541.572.193.223.844.875.49
Camarilla2.362.512.662.812.963.113.26
Woodie0.341.471.993.123.644.775.29
Fibonacci1.572.202.593.223.854.244.87


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.701.962.884.145.066.327.24
Camarilla3.213.413.613.814.014.214.41
Woodie0.541.882.724.064.906.247.08
Fibonacci1.962.793.304.144.975.486.32

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): 76.17
MACD (12,26,9): 0.2800
Directional Movement: 35.58
AROON (14): 57.14
DEMA (21): 4.17
Parabolic SAR (0,02-0,02-0,2): 2.76
Elder Ray (13): 1.71
Super Trend (3,10): 3.88
Zig ZAG (10): 6.26
VORTEX (21): 1.0800
Stochastique (14,3,5): 91.92
TEMA (21): 4.43
Williams %R (14): -1.78
Chande Momentum Oscillator (20): 2.75
Repulse (5,40,3): 53.3700
ROCnROLL: 1
TRIX (15,9): -0.1200
Courbe Coppock: 36.06
MA7: 4.16
MA20: 3.70
MA50: 3.79
MA100: 3.25
MAexp7: 4.54
MAexp20: 3.92
MAexp50: 3.66
MAexp100: 3.33
Price / MA7: +51.20%
Price / MA20: +70.00%
Price / MA50: +65.96%
Price / MA100: +93.54%
Price / MAexp7: +38.55%
Price / MAexp20: +60.46%
Price / MAexp50: +71.86%
Price / MAexp100: +88.89%

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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