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 08/01/2023 (GMT)
- 130
- 0
- 08/01/2023 - 00:03
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 08/01/2023 - 00:03
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.007060 USD
My targets
0.006909 USD (-1.47%)
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 0.007060 USD. The sellers' bearish objective is set at 0.006909 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
7.5
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.
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 0.007012 USD. The price registered a decrease of -0.95% on the session and was traded between 0.006978 USD and 0.007079 USD over the period. The price is currently at +0.49% from its lowest and -0.95% from its highest.0.006978
0.007079
0.007012
A study of price movements over other periods shows the following variations:
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
A technical analysis in 1H of this GYEN - GYEN/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.006909 | 0.007012 | 0.007042 | 0.007060 | 0.007135 |
| Change (%) | -1.47% | - | +0.43% | +0.68% | +1.75% |
| Change | -0.000103 | - | +0.000030 | +0.000048 | +0.000123 |
| Level | Intermediate | - | 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 | 0.007024 | 0.007038 | 0.007058 | 0.007072 | 0.007092 | 0.007106 | 0.007126 |
| Camarilla | 0.007070 | 0.007073 | 0.007076 | 0.007079 | 0.007082 | 0.007085 | 0.007088 |
| Woodie | 0.007028 | 0.007040 | 0.007062 | 0.007074 | 0.007096 | 0.007108 | 0.007130 |
| Fibonacci | 0.007038 | 0.007051 | 0.007059 | 0.007072 | 0.007085 | 0.007093 | 0.007106 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006818 | 0.006926 | 0.006990 | 0.007098 | 0.007162 | 0.007270 | 0.007334 |
| Camarilla | 0.007007 | 0.007023 | 0.007038 | 0.007054 | 0.007070 | 0.007086 | 0.007101 |
| Woodie | 0.006796 | 0.006915 | 0.006968 | 0.007087 | 0.007140 | 0.007259 | 0.007312 |
| Fibonacci | 0.006926 | 0.006992 | 0.007032 | 0.007098 | 0.007164 | 0.007204 | 0.007270 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006505 | 0.006700 | 0.006817 | 0.007012 | 0.007129 | 0.007324 | 0.007441 |
| Camarilla | 0.006848 | 0.006877 | 0.006905 | 0.006934 | 0.006963 | 0.006991 | 0.007020 |
| Woodie | 0.006466 | 0.006681 | 0.006778 | 0.006993 | 0.007090 | 0.007305 | 0.007402 |
| Fibonacci | 0.006700 | 0.006819 | 0.006893 | 0.007012 | 0.007131 | 0.007205 | 0.007324 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 34.92 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -14.826285 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.006999 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007019 | |
| Elder Ray (13): | -0.000028 | |
| Super Trend (3,10): | 0.007032 | |
| Zig ZAG (10): | 0.006983 | |
| VORTEX (21): | 0.6800 | |
| Stochastique (14,3,5): | 22.28 | |
| TEMA (21): | 0.006994 | |
| Williams %R (14): | -90.74 | |
| Chande Momentum Oscillator (20): | -0.000027 | |
| Repulse (5,40,3): | 0.3480 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0256 | |
| Courbe Coppock: | 0.65 |
| MA7: | 0.007075 | |
| MA20: | 0.007105 | |
| MA50: | 0.007047 | |
| MA100: | 0.007156 | |
| MAexp7: | 0.007006 | |
| MAexp20: | 0.007018 | |
| MAexp50: | 0.007040 | |
| MAexp100: | 0.007058 | |
| Price / MA7: | -0.89% | |
| Price / MA20: | -1.31% | |
| Price / MA50: | -0.50% | |
| Price / MA100: | -2.01% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.40% | |
| Price / MAexp100: | -0.65% |
Quotes :
07/31/2023 - 23:58
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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.
About author
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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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