GALA - GALA/USD - 1H - Technical analysis published on 08/17/2023 (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
33%
44%
22%
My opinion
Bearish under 0.021723 USD
My targets
0.020500 USD (-0.68%)
My analysis
The bearish trend is currently very strong for GALA - GALA/USD. As long as the price remains below the resistance at 0.021723 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.020500 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
6.4
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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 price is 0.020640 USD. The price is lower by -0.15% since the last closing and was between 0.020270 USD and 0.020890 USD. This implies that the price is at +1.83% from its lowest and at -1.20% from its highest.0.020270
0.020890
0.020640
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GALA - GALA/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.020500 | 0.020640 | 0.022326 | 0.022920 | 0.023443 |
| Change (%) | -0.68% | - | +8.17% | +11.05% | +13.58% |
| Change | -0.000140 | - | +0.001686 | +0.002280 | +0.002803 |
| 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 | 0.017720 | 0.018890 | 0.019780 | 0.020950 | 0.021840 | 0.023010 | 0.023900 |
| Camarilla | 0.020104 | 0.020292 | 0.020481 | 0.020670 | 0.020859 | 0.021048 | 0.021237 |
| Woodie | 0.017580 | 0.018820 | 0.019640 | 0.020880 | 0.021700 | 0.022940 | 0.023760 |
| Fibonacci | 0.018890 | 0.019677 | 0.020163 | 0.020950 | 0.021737 | 0.022223 | 0.023010 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018213 | 0.020367 | 0.021723 | 0.023877 | 0.025233 | 0.027387 | 0.028743 |
| Camarilla | 0.022115 | 0.022437 | 0.022758 | 0.023080 | 0.023402 | 0.023724 | 0.024045 |
| Woodie | 0.017815 | 0.020168 | 0.021325 | 0.023678 | 0.024835 | 0.027188 | 0.028345 |
| Fibonacci | 0.020367 | 0.021708 | 0.022536 | 0.023877 | 0.025218 | 0.026046 | 0.027387 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014677 | 0.018693 | 0.020837 | 0.024853 | 0.026997 | 0.031013 | 0.033157 |
| Camarilla | 0.021286 | 0.021851 | 0.022415 | 0.022980 | 0.023545 | 0.024109 | 0.024674 |
| Woodie | 0.013740 | 0.018225 | 0.019900 | 0.024385 | 0.026060 | 0.030545 | 0.032220 |
| Fibonacci | 0.018693 | 0.021047 | 0.022500 | 0.024853 | 0.027207 | 0.028660 | 0.031013 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.43 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -25.585216 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.020599 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.020985 | |
| Elder Ray (13): | -0.000086 | |
| Super Trend (3,10): | 0.021342 | |
| Zig ZAG (10): | 0.020700 | |
| VORTEX (21): | 0.8727 | |
| Stochastique (14,3,5): | 48.37 | |
| TEMA (21): | 0.020658 | |
| Williams %R (14): | -55.56 | |
| Chande Momentum Oscillator (20): | -0.000020 | |
| Repulse (5,40,3): | -0.4888 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1906 | |
| Courbe Coppock: | 3.91 |
| MA7: | 0.022141 | |
| MA20: | 0.022851 | |
| MA50: | 0.024162 | |
| MA100: | 0.025795 | |
| MAexp7: | 0.020773 | |
| MAexp20: | 0.020946 | |
| MAexp50: | 0.021472 | |
| MAexp100: | 0.022018 | |
| Price / MA7: | -6.78% | |
| Price / MA20: | -9.68% | |
| Price / MA50: | -14.58% | |
| Price / MA100: | -19.98% | |
| Price / MAexp7: | -0.64% | |
| Price / MAexp20: | -1.46% | |
| Price / MAexp50: | -3.87% | |
| Price / MAexp100: | -6.26% |
Quotes :
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Real time data
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