GALA - GALA/USD - 1H - Technical analysis published on 02/03/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- 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
28%
56%
17%
My opinion
Bearish under 0.187633 USD
My targets
0.180067 USD (-3.09%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GALA - GALA/USD as long as the price remains well below 0.187633 USD. The sellers' bearish objective is set at 0.180067 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by taha. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GALA - GALA/USD rating 0.185800 USD. The price is lower by -0.43% since the last closing with the lowest point at 0.181100 USD and the highest point at 0.187800 USD. The deviation from the price is +2.60% for the low point and -1.06% for the high point.0.181100
0.187800
0.185800
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of GALA - GALA/USD in 1H shows a overall strongly bearish trend. 89.29% 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.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.180067 | 0.185800 | 0.187633 | 0.204044 | 0.210700 |
| Change (%) | -3.09% | - | +0.99% | +9.82% | +13.40% |
| Change | -0.005733 | - | +0.001833 | +0.018244 | +0.024900 |
| Level | Intermediate | - | Minor | 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 | 0.151333 | 0.166867 | 0.176733 | 0.192267 | 0.202133 | 0.217667 | 0.227533 |
| Camarilla | 0.179615 | 0.181943 | 0.184272 | 0.186600 | 0.188928 | 0.191257 | 0.193585 |
| Woodie | 0.148500 | 0.165450 | 0.173900 | 0.190850 | 0.199300 | 0.216250 | 0.224700 |
| Fibonacci | 0.166867 | 0.176570 | 0.182564 | 0.192267 | 0.201970 | 0.207964 | 0.217667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.087367 | 0.124133 | 0.158167 | 0.194933 | 0.228967 | 0.265733 | 0.299767 |
| Camarilla | 0.172730 | 0.179220 | 0.185710 | 0.192200 | 0.198690 | 0.205180 | 0.211670 |
| Woodie | 0.086000 | 0.123450 | 0.156800 | 0.194250 | 0.227600 | 0.265050 | 0.298400 |
| Fibonacci | 0.124133 | 0.151179 | 0.167888 | 0.194933 | 0.221979 | 0.238688 | 0.265733 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.229900 | -0.037600 | 0.080100 | 0.272400 | 0.390100 | 0.582400 | 0.700100 |
| Camarilla | 0.112550 | 0.140967 | 0.169383 | 0.197800 | 0.226217 | 0.254633 | 0.283050 |
| Woodie | -0.267200 | -0.056250 | 0.042800 | 0.253750 | 0.352800 | 0.563750 | 0.662800 |
| Fibonacci | -0.037600 | 0.080820 | 0.153980 | 0.272400 | 0.390820 | 0.463980 | 0.582400 |
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): | 34.72 | |
| MACD (12,26,9): | -0.0040 | |
| Directional Movement: | -20.129871 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.182785 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.186159 | |
| Elder Ray (13): | -0.001818 | |
| Super Trend (3,10): | 0.193247 | |
| Zig ZAG (10): | 0.184000 | |
| VORTEX (21): | 0.7842 | |
| Stochastique (14,3,5): | 24.75 | |
| TEMA (21): | 0.181142 | |
| Williams %R (14): | -72.79 | |
| Chande Momentum Oscillator (20): | -0.007600 | |
| Repulse (5,40,3): | 0.8113 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3055 | |
| Courbe Coppock: | 9.52 |
| MA7: | 0.192429 | |
| MA20: | 0.225990 | |
| MA50: | - | |
| MA100: | - | |
| MAexp7: | 0.184435 | |
| MAexp20: | 0.188013 | |
| MAexp50: | 0.192890 | |
| MAexp100: | 0.194246 | |
| Price / MA7: | -3.44% | |
| Price / MA20: | -17.78% | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | +0.74% | |
| Price / MAexp20: | -1.18% | |
| Price / MAexp50: | -3.68% | |
| Price / MAexp100: | -4.35% |
Quotes :
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Real time data
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