GYEN - GYEN/USD
GYEN - GYEN/USD
0.007144 USD (+7.82%)
03/31/2025 - 11:01 Open Real time data - CoinMarketCap
Open: 0.006625
Change: +0.000518
Volume: 0
Low: 0.006521
High: 0.007389
High / Low range: 0.000868
Type: Cryptocurrencies
Ticker: GYENUSD
ISIN:

GYEN - GYEN/USD - 1H - Technical analysis published on 07/25/2023 (GMT)

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  • 07/25/2023 - 04:03
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 1H
  • - Analysis generated on 07/25/2023 - 04:03
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.007124 USD
My targets
0.006909 USD (-1.97%)
My analysis
There is a bearish trend on GYEN - GYEN/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.007124 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.006909 USD. Be careful, a return to above the resistance 0.007124 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.2

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:
Daily Weekly

Additional analysis

Quotes

The GYEN - GYEN/USD price is 0.007048 USD. The price registered a decrease of -0.03% on the session and was traded between 0.007036 USD and 0.007075 USD over the period. The price is currently at +0.17% from its lowest and -0.38% from its highest.

0.007036
0.007075
0.007048

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-9-6-303January 1st1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of GYEN - GYEN/USD in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these 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


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of triangle is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.006909 0.007047 0.007048 0.007124 0.007170 0.007219
Change (%) -1.97% -0.01% - +1.08% +1.73% +2.43%
Change -0.000139 -0.000001 - +0.000076 +0.000122 +0.000171
Level Major Intermediate - Minor Major Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0069100.0069720.0070110.0070730.0071120.0071740.007213
Camarilla0.0070220.0070320.0070410.0070500.0070590.0070690.007078
Woodie0.0068990.0069660.0070000.0070670.0071010.0071680.007202
Fibonacci0.0069720.0070110.0070340.0070730.0071120.0071350.007174


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0067870.0069080.0069780.0070990.0071690.0072900.007360
Camarilla0.0069970.0070140.0070320.0070490.0070670.0070840.007102
Woodie0.0067630.0068950.0069540.0070860.0071450.0072770.007336
Fibonacci0.0069080.0069810.0070260.0070990.0071720.0072170.007290


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0065020.0066990.0068160.0070130.0071300.0073270.007444
Camarilla0.0068480.0068760.0069050.0069340.0069630.0069920.007020
Woodie0.0064630.0066790.0067770.0069930.0070910.0073070.007405
Fibonacci0.0066990.0068190.0068930.0070130.0071330.0072070.007327

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
Created with Raphaël 2.3.0Sell10
Moving averages
Created with Raphaël 2.3.0Sell19

RSI (14): 41.56
MACD (12,26,9): 0.0000
Directional Movement: 12.608103
AROON (14): 0
DEMA (21): 0.007063
Parabolic SAR (0,02-0,02-0,2): 0.007129
Elder Ray (13): -0.000004
Super Trend (3,10): 0.007114
Zig ZAG (10): 0.007048
VORTEX (21): 0.9306
Stochastique (14,3,5): 27.06
TEMA (21): 0.007059
Williams %R (14): -86.14
Chande Momentum Oscillator (20): -0.000031
Repulse (5,40,3): -0.0267
ROCnROLL: 2
TRIX (15,9): 0.0023
Courbe Coppock: 0.52
MA7: 0.007078
MA20: 0.007086
MA50: 0.007056
MA100: 0.007177
MAexp7: 0.007060
MAexp20: 0.007063
MAexp50: 0.007063
MAexp100: 0.007072
Price / MA7: -0.42%
Price / MA20: -0.54%
Price / MA50: -0.11%
Price / MA100: -1.80%
Price / MAexp7: -0.17%
Price / MAexp20: -0.21%
Price / MAexp50: -0.21%
Price / MAexp100: -0.34%

Quotes : 07/25/2023 - 03:35 - Real time data - Cryptocompare

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

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