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 06/28/2023 (GMT)
- 107
- 0
- 06/28/2023 - 04:03
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- Timeframe : 1H
- - Analysis generated on 06/28/2023 - 04:03
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
39%
44%
My opinion
Bearish under 0.007012 USD
My targets
0.006937 USD (-0.08%)
0.006896 USD (-0.68%)
My analysis
GYEN - GYEN/USD 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 0.007012 USD. The next support located at 0.006937 USD 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 0.006896 USD. Below this support, sellers could then target 0.006819 USD. 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.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.8
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GYEN - GYEN/USD price is 0.006943 USD. On the day, this instrument lost -0.13% and was between 0.006943 USD and 0.006955 USD. This implies that the price is at 0% from its lowest and at -0.17% from its highest.0.006943
0.006955
0.006943
Here is a more detailed summary of the historical variations registered by GYEN - GYEN/USD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GYEN - GYEN/USD chart shows a sharp 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 market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.006940 | 0.006943 | 0.006972 | 0.007012 | 0.007041 |
| Change (%) | -0.04% | - | +0.42% | +0.99% | +1.41% |
| Change | -0.000003 | - | +0.000029 | +0.000069 | +0.000098 |
| Level | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 0.006884 | 0.006909 | 0.006931 | 0.006956 | 0.006978 | 0.007003 | 0.007025 |
| Camarilla | 0.006939 | 0.006943 | 0.006948 | 0.006952 | 0.006956 | 0.006961 | 0.006965 |
| Woodie | 0.006882 | 0.006908 | 0.006929 | 0.006955 | 0.006976 | 0.007002 | 0.007023 |
| Fibonacci | 0.006909 | 0.006927 | 0.006938 | 0.006956 | 0.006974 | 0.006985 | 0.007003 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006819 | 0.006896 | 0.006937 | 0.007014 | 0.007055 | 0.007132 | 0.007173 |
| Camarilla | 0.006947 | 0.006957 | 0.006968 | 0.006979 | 0.006990 | 0.007001 | 0.007012 |
| Woodie | 0.006802 | 0.006887 | 0.006920 | 0.007005 | 0.007038 | 0.007123 | 0.007156 |
| Fibonacci | 0.006896 | 0.006941 | 0.006969 | 0.007014 | 0.007059 | 0.007087 | 0.007132 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006651 | 0.006858 | 0.007017 | 0.007224 | 0.007383 | 0.007590 | 0.007749 |
| Camarilla | 0.007074 | 0.007108 | 0.007142 | 0.007175 | 0.007209 | 0.007242 | 0.007276 |
| Woodie | 0.006626 | 0.006846 | 0.006992 | 0.007212 | 0.007358 | 0.007578 | 0.007724 |
| Fibonacci | 0.006858 | 0.006998 | 0.007085 | 0.007224 | 0.007364 | 0.007451 | 0.007590 |
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): | 45.66 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 7.981386 | |
| AROON (14): | -7.142857 | |
| DEMA (21): | 0.006944 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006960 | |
| Elder Ray (13): | -0.000001 | |
| Super Trend (3,10): | 0.006973 | |
| Zig ZAG (10): | 0.006948 | |
| VORTEX (21): | 0.8079 | |
| Stochastique (14,3,5): | 31.97 | |
| TEMA (21): | 0.006944 | |
| Williams %R (14): | -56.67 | |
| Chande Momentum Oscillator (20): | -0.000003 | |
| Repulse (5,40,3): | -0.0498 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0148 | |
| Courbe Coppock: | 0.29 |
| MA7: | 0.006978 | |
| MA20: | 0.007059 | |
| MA50: | 0.007153 | |
| MA100: | 0.007308 | |
| MAexp7: | 0.006948 | |
| MAexp20: | 0.006952 | |
| MAexp50: | 0.006965 | |
| MAexp100: | 0.006981 | |
| Price / MA7: | -0.50% | |
| Price / MA20: | -1.64% | |
| Price / MA50: | -2.94% | |
| Price / MA100: | -4.99% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | -0.54% |
Quotes :
06/28/2023 - 03:59
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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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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