GALA - GALA/USD - 1H - Technical analysis published on 11/24/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.025455 USD
My targets
0.026212 USD (+1.01%)
0.027873 USD (+7.41%)
My analysis
The basic trend is currently slightly bullish on GALA - GALA/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 0.025455 USD, purchases could be favourable. The first bullish objective would be the resistance located at 0.026212 USD. Then the price could move towards 0.027873 USD. Then 0.028790 USD by extension. A return under the support to 0.025455 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GALA - GALA/USD rating is 0.025950 USD. The price is lower by -0.08% since the last closing with the lowest point at 0.025590 USD and the highest point at 0.026200 USD. The deviation from the price is +1.41% for the low point and -0.95% for the high point.0.025590
0.026200
0.025950
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this GALA - GALA/USD chart shows a slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
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:
Near resistance of triangle
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.023867 | 0.024961 | 0.025455 | 0.025950 | 0.026212 | 0.027873 | 0.028790 |
| Change (%) | -8.03% | -3.81% | -1.91% | - | +1.01% | +7.41% | +10.94% |
| Change | -0.002083 | -0.000989 | -0.000495 | - | +0.000262 | +0.001923 | +0.002840 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.023953 | 0.024457 | 0.025213 | 0.025717 | 0.026473 | 0.026977 | 0.027733 |
| Camarilla | 0.025624 | 0.025739 | 0.025855 | 0.025970 | 0.026086 | 0.026201 | 0.026317 |
| Woodie | 0.024080 | 0.024520 | 0.025340 | 0.025780 | 0.026600 | 0.027040 | 0.027860 |
| Fibonacci | 0.024457 | 0.024938 | 0.025235 | 0.025717 | 0.026198 | 0.026495 | 0.026977 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019473 | 0.023017 | 0.025293 | 0.028837 | 0.031113 | 0.034657 | 0.036933 |
| Camarilla | 0.025970 | 0.026503 | 0.027037 | 0.027570 | 0.028104 | 0.028637 | 0.029171 |
| Woodie | 0.018840 | 0.022700 | 0.024660 | 0.028520 | 0.030480 | 0.034340 | 0.036300 |
| Fibonacci | 0.023017 | 0.025240 | 0.026613 | 0.028837 | 0.031060 | 0.032433 | 0.034657 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015197 | 0.023333 | 0.032657 | 0.040793 | 0.050117 | 0.058253 | 0.067577 |
| Camarilla | 0.037179 | 0.038779 | 0.040380 | 0.041980 | 0.043581 | 0.045181 | 0.046782 |
| Woodie | 0.015790 | 0.023630 | 0.033250 | 0.041090 | 0.050710 | 0.058550 | 0.068170 |
| Fibonacci | 0.023333 | 0.030003 | 0.034124 | 0.040793 | 0.047463 | 0.051584 | 0.058253 |
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): | 52.00 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 0.677351 | |
| AROON (14): | 71.428571 | |
| DEMA (21): | 0.025903 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.025594 | |
| Elder Ray (13): | -0.000018 | |
| Super Trend (3,10): | 0.026140 | |
| Zig ZAG (10): | 0.025800 | |
| VORTEX (21): | 0.9740 | |
| Stochastique (14,3,5): | 66.24 | |
| TEMA (21): | 0.025928 | |
| Williams %R (14): | -35.51 | |
| Chande Momentum Oscillator (20): | 0.000370 | |
| Repulse (5,40,3): | -0.4423 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0725 | |
| Courbe Coppock: | 4.05 |
| MA7: | 0.026094 | |
| MA20: | 0.029418 | |
| MA50: | 0.034061 | |
| MA100: | 0.040893 | |
| MAexp7: | 0.025864 | |
| MAexp20: | 0.025730 | |
| MAexp50: | 0.025575 | |
| MAexp100: | 0.025817 | |
| Price / MA7: | -0.55% | |
| Price / MA20: | -11.79% | |
| Price / MA50: | -23.81% | |
| Price / MA100: | -36.54% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | +0.86% | |
| Price / MAexp50: | +1.47% | |
| Price / MAexp100: | +0.52% |
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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