GALA - GALA/USD - 1H - Technical analysis published on 08/09/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
11%
56%
My opinion
Bullish above 0.059258 USD
My targets
0.064080 USD (+2.96%)
0.066313 USD (+6.54%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GALA - GALA/USD. As long as you are above the support located at 0.059258 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.064080 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.066313 USD as an objective. Crossing it would then enable buyers to target 0.131500 USD. If the support 0.059258 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GALA - GALA/USD rating 0.062240 USD. The price registered a decrease of -0.03% on the session and was traded between 0.061510 USD and 0.062940 USD over the period. The price is currently at +1.19% from its lowest and -1.11% from its highest.0.061510
0.062940
0.062240
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GALA - GALA/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on GALA - GALA/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of GALA - GALA/USD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. 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 to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.055460 | 0.058410 | 0.059258 | 0.062240 | 0.062250 | 0.064080 | 0.066313 |
| Change (%) | -10.89% | -6.15% | -4.79% | - | +0.02% | +2.96% | +6.54% |
| Change | -0.006780 | -0.003830 | -0.002982 | - | +0.000010 | +0.001840 | +0.004073 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
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 | 0.056913 | 0.058767 | 0.060513 | 0.062367 | 0.064113 | 0.065967 | 0.067713 |
| Camarilla | 0.061270 | 0.061600 | 0.061930 | 0.062260 | 0.062590 | 0.062920 | 0.063250 |
| Woodie | 0.056860 | 0.058740 | 0.060460 | 0.062340 | 0.064060 | 0.065940 | 0.067660 |
| Fibonacci | 0.058767 | 0.060142 | 0.060992 | 0.062367 | 0.063742 | 0.064592 | 0.065967 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.044560 | 0.050010 | 0.055060 | 0.060510 | 0.065560 | 0.071010 | 0.076060 |
| Camarilla | 0.057223 | 0.058185 | 0.059148 | 0.060110 | 0.061073 | 0.062035 | 0.062998 |
| Woodie | 0.044360 | 0.049910 | 0.054860 | 0.060410 | 0.065360 | 0.070910 | 0.075860 |
| Fibonacci | 0.050010 | 0.054021 | 0.056499 | 0.060510 | 0.064521 | 0.066999 | 0.071010 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027877 | 0.036233 | 0.046667 | 0.055023 | 0.065457 | 0.073813 | 0.084247 |
| Camarilla | 0.051933 | 0.053655 | 0.055378 | 0.057100 | 0.058822 | 0.060545 | 0.062267 |
| Woodie | 0.028915 | 0.036753 | 0.047705 | 0.055543 | 0.066495 | 0.074333 | 0.085285 |
| Fibonacci | 0.036233 | 0.043411 | 0.047846 | 0.055023 | 0.062201 | 0.066636 | 0.073813 |
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): | 50.76 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 7.865490 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.062302 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.061236 | |
| Elder Ray (13): | -0.000054 | |
| Super Trend (3,10): | 0.063598 | |
| Zig ZAG (10): | 0.062120 | |
| VORTEX (21): | 1.0021 | |
| Stochastique (14,3,5): | 40.98 | |
| TEMA (21): | 0.062117 | |
| Williams %R (14): | -48.07 | |
| Chande Momentum Oscillator (20): | 0.000660 | |
| Repulse (5,40,3): | 0.0388 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0528 | |
| Courbe Coppock: | 1.73 |
| MA7: | 0.060503 | |
| MA20: | 0.056415 | |
| MA50: | 0.055356 | |
| MA100: | 0.070291 | |
| MAexp7: | 0.062064 | |
| MAexp20: | 0.062064 | |
| MAexp50: | 0.061623 | |
| MAexp100: | 0.061050 | |
| Price / MA7: | +2.87% | |
| Price / MA20: | +10.33% | |
| Price / MA50: | +12.44% | |
| Price / MA100: | -11.45% | |
| Price / MAexp7: | +0.28% | |
| Price / MAexp20: | +0.28% | |
| Price / MAexp50: | +1.00% | |
| Price / MAexp100: | +1.95% |
Quotes :
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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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