GALA - GALA/USD - 1H - Technical analysis published on 07/13/2022 (GMT)
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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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.049300 USD
My targets
0.044500 USD (-5.66%)
My analysis
The bearish trend is currently very strong for GALA - GALA/USD. As long as the price remains below the resistance at 0.049300 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.044500 USD. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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Additional analysis
Quotes
The GALA - GALA/USD price is 0.047170 USD. The price is lower by -0.09% since the last closing and was traded between 0.044590 USD and 0.049960 USD over the period. The price is currently at +5.79% from its lowest and -5.58% from its highest.0.044590
0.049960
0.047170
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on GALA - GALA/USD were detected by the Central Volumes scanner:
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. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.047040 | 0.047170 | 0.049300 | 0.053580 | 0.055888 |
| Change (%) | -0.28% | - | +4.52% | +13.59% | +18.48% |
| Change | -0.000130 | - | +0.002130 | +0.006410 | +0.008718 |
| 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 | 0.043847 | 0.045423 | 0.046317 | 0.047893 | 0.048787 | 0.050363 | 0.051257 |
| Camarilla | 0.046531 | 0.046757 | 0.046984 | 0.047210 | 0.047436 | 0.047663 | 0.047889 |
| Woodie | 0.043505 | 0.045253 | 0.045975 | 0.047723 | 0.048445 | 0.050193 | 0.050915 |
| Fibonacci | 0.045423 | 0.046367 | 0.046950 | 0.047893 | 0.048837 | 0.049420 | 0.050363 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.044500 | 0.047970 | 0.051690 | 0.055160 | 0.058880 | 0.062350 | 0.066070 |
| Camarilla | 0.053433 | 0.054092 | 0.054751 | 0.055410 | 0.056069 | 0.056728 | 0.057387 |
| Woodie | 0.044625 | 0.048033 | 0.051815 | 0.055223 | 0.059005 | 0.062413 | 0.066195 |
| Fibonacci | 0.047970 | 0.050717 | 0.052413 | 0.055160 | 0.057907 | 0.059603 | 0.062350 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.001727 | 0.023947 | 0.039163 | 0.064837 | 0.080053 | 0.105727 | 0.120943 |
| Camarilla | 0.043135 | 0.046884 | 0.050632 | 0.054380 | 0.058128 | 0.061877 | 0.065625 |
| Woodie | -0.006955 | 0.021333 | 0.033935 | 0.062223 | 0.074825 | 0.103113 | 0.115715 |
| Fibonacci | 0.023947 | 0.039567 | 0.049217 | 0.064837 | 0.080457 | 0.090107 | 0.105727 |
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): | 38.66 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -7.781075 | |
| AROON (14): | -57.142858 | |
| DEMA (21): | 0.047009 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.049281 | |
| Elder Ray (13): | -0.001066 | |
| Super Trend (3,10): | 0.048594 | |
| Zig ZAG (10): | 0.046290 | |
| VORTEX (21): | 0.9421 | |
| Stochastique (14,3,5): | 37.80 | |
| TEMA (21): | 0.046910 | |
| Williams %R (14): | -67.78 | |
| Chande Momentum Oscillator (20): | -0.002090 | |
| Repulse (5,40,3): | -1.4530 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0906 | |
| Courbe Coppock: | 4.33 |
| MA7: | 0.051579 | |
| MA20: | 0.055030 | |
| MA50: | 0.063052 | |
| MA100: | 0.107409 | |
| MAexp7: | 0.046875 | |
| MAexp20: | 0.047680 | |
| MAexp50: | 0.048738 | |
| MAexp100: | 0.050238 | |
| Price / MA7: | -8.55% | |
| Price / MA20: | -14.28% | |
| Price / MA50: | -25.19% | |
| Price / MA100: | -56.08% | |
| Price / MAexp7: | +0.63% | |
| Price / MAexp20: | -1.07% | |
| Price / MAexp50: | -3.22% | |
| Price / MAexp100: | -6.11% |
Quotes :
-
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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