GALA - GALA/USD - 1H - Technical analysis published on 09/12/2023 (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:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 0.014763 USD
My targets
0.013660 USD (-3.12%)
My analysis
The bearish basic trend is very strong on GALA - GALA/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.014763 USD. Crossing the first support at 0.013660 USD would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 0.014763 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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Additional analysis
Quotes
GALA - GALA/USD rating 0.014100 USD. On the day, this instrument lost -0.14% and was between 0.013930 USD and 0.014450 USD. This implies that the price is at +1.22% from its lowest and at -2.42% from its highest.0.013930
0.014450
0.014100
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
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. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. The Central Indicators scanner found this result concerning these indicators:
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.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.013660 | 0.014100 | 0.014880 | 0.015570 | 0.016265 |
| Change (%) | -3.12% | - | +5.53% | +10.43% | +15.35% |
| Change | -0.000440 | - | +0.000780 | +0.001470 | +0.002165 |
| Level | Intermediate | - | Minor | Intermediate | Major |
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 | 0.012340 | 0.013000 | 0.013560 | 0.014220 | 0.014780 | 0.015440 | 0.016000 |
| Camarilla | 0.013785 | 0.013896 | 0.014008 | 0.014120 | 0.014232 | 0.014344 | 0.014456 |
| Woodie | 0.012290 | 0.012975 | 0.013510 | 0.014195 | 0.014730 | 0.015415 | 0.015950 |
| Fibonacci | 0.013000 | 0.013466 | 0.013754 | 0.014220 | 0.014686 | 0.014974 | 0.015440 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011643 | 0.013537 | 0.014763 | 0.016657 | 0.017883 | 0.019777 | 0.021003 |
| Camarilla | 0.015132 | 0.015418 | 0.015704 | 0.015990 | 0.016276 | 0.016562 | 0.016848 |
| Woodie | 0.011310 | 0.013370 | 0.014430 | 0.016490 | 0.017550 | 0.019610 | 0.020670 |
| Fibonacci | 0.013537 | 0.014729 | 0.015465 | 0.016657 | 0.017849 | 0.018585 | 0.019777 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007520 | 0.012660 | 0.015750 | 0.020890 | 0.023980 | 0.029120 | 0.032210 |
| Camarilla | 0.016577 | 0.017331 | 0.018086 | 0.018840 | 0.019594 | 0.020349 | 0.021103 |
| Woodie | 0.006495 | 0.012148 | 0.014725 | 0.020378 | 0.022955 | 0.028608 | 0.031185 |
| Fibonacci | 0.012660 | 0.015804 | 0.017746 | 0.020890 | 0.024034 | 0.025976 | 0.029120 |
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): | 46.41 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -3.941555 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.014037 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.013830 | |
| Elder Ray (13): | 0.000003 | |
| Super Trend (3,10): | 0.014440 | |
| Zig ZAG (10): | 0.014150 | |
| VORTEX (21): | 1.0378 | |
| Stochastique (14,3,5): | 59.92 | |
| TEMA (21): | 0.014136 | |
| Williams %R (14): | -43.04 | |
| Chande Momentum Oscillator (20): | 0.000200 | |
| Repulse (5,40,3): | -0.7470 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1307 | |
| Courbe Coppock: | 2.04 |
| MA7: | 0.015296 | |
| MA20: | 0.017457 | |
| MA50: | 0.020348 | |
| MA100: | 0.022563 | |
| MAexp7: | 0.014147 | |
| MAexp20: | 0.014178 | |
| MAexp50: | 0.014490 | |
| MAexp100: | 0.014978 | |
| Price / MA7: | -7.82% | |
| Price / MA20: | -19.23% | |
| Price / MA50: | -30.71% | |
| Price / MA100: | -37.51% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -0.55% | |
| Price / MAexp50: | -2.69% | |
| Price / MAexp100: | -5.86% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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