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GYEN - GYEN/USD
GYEN - GYEN/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: GYENUSD
ISIN:

GYEN - GYEN/USD - 1H - Technical analysis published on 08/30/2022 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.007234 USD
My targets
0.007140 USD (-0.65%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GYEN - GYEN/USD as long as the price remains well below 0.007234 USD. The next bearish objective for sellers is set at 0.007140 USD. A bearish break of this support would revive the bearish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.5

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

GYEN - GYEN/USD rating 0.007187 USD. On the day, this instrument lost -0.24% and was between 0.007187 USD and 0.007231 USD. This implies that the price is at 0% from its lowest and at -0.61% from its highest.

0.007187
0.007231
0.007187

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of GYEN - GYEN/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.007140 0.007187 0.007193 0.007234 0.007260
Change (%) -0.65% - +0.08% +0.65% +1.02%
Change -0.000047 - +0.000006 +0.000047 +0.000073
Level Intermediate - Intermediate Minor Major



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
Standard0.0071310.0071560.0071800.0072050.0072290.0072540.007278
Camarilla0.0071910.0071950.0072000.0072040.0072090.0072130.007218
Woodie0.0071310.0071560.0071800.0072050.0072290.0072540.007278
Fibonacci0.0071560.0071750.0071860.0072050.0072240.0072350.007254


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0070540.0071230.0071840.0072530.0073140.0073830.007444
Camarilla0.0072080.0072200.0072320.0072440.0072560.0072680.007280
Woodie0.0070490.0071210.0071790.0072510.0073090.0073810.007439
Fibonacci0.0071230.0071730.0072040.0072530.0073030.0073340.007383


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0068930.0070110.0072350.0073530.0075770.0076950.007919
Camarilla0.0073660.0073970.0074290.0074600.0074910.0075230.007554
Woodie0.0069470.0070380.0072890.0073800.0076310.0077220.007973
Fibonacci0.0070110.0071410.0072220.0073530.0074830.0075640.007695

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): 52.37
MACD (12,26,9): 0.0000
Directional Movement: 5.042805
AROON (14): 64.285715
DEMA (21): 0.007214
Parabolic SAR (0,02-0,02-0,2): 0.007203
Elder Ray (13): 0.000001
Super Trend (3,10): 0.007200
Zig ZAG (10): 0.007214
VORTEX (21): 1.0279
Stochastique (14,3,5): 49.52
TEMA (21): 0.007219
Williams %R (14): -60.71
Chande Momentum Oscillator (20): 0.000008
Repulse (5,40,3): -0.0007
ROCnROLL: 2
TRIX (15,9): 0.0012
Courbe Coppock: 0.39
MA7: 0.007242
MA20: 0.007319
MA50: 0.007313
MA100: 0.007394
MAexp7: 0.007213
MAexp20: 0.007213
MAexp50: 0.007216
MAexp100: 0.007228
Price / MA7: -0.76%
Price / MA20: -1.80%
Price / MA50: -1.72%
Price / MA100: -2.80%
Price / MAexp7: -0.36%
Price / MAexp20: -0.36%
Price / MAexp50: -0.40%
Price / MAexp100: -0.57%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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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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