MOONRIVER - MOVR/USD - 1H - Technical analysis published on 11/09/2023 (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
28%
28%
44%
My opinion
Bullish above 5.88 USD
My targets
6.38 USD (+1.11%)
6.66 USD (+5.55%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 5.88 USD remains possible. It is advisable to trade MOONRIVER - MOVR/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 5.88 USD. The next bullish objective for buyers is set at 6.38 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.66 USD. If there is any crossing, the next objective would be the resistance located at 7.34 USD. PS: if there is a bearish break in the support located at 5.88 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
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Additional analysis
Quotes
MOONRIVER - MOVR/USD rating 6.31 USD. On the day, this instrument lost -0.32% with the lowest point at 6.09 USD and the highest point at 6.55 USD. The deviation from the price is +3.61% for the low point and -3.66% for the high point.6.09
6.55
6.31
Here is a more detailed summary of the historical variations registered by MOONRIVER - MOVR/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of MOONRIVER - MOVR/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.70 | 5.52 | 5.88 | 6.31 | 6.38 | 6.66 | 7.34 |
| Change (%) | -25.52% | -12.52% | -6.81% | - | +1.11% | +5.55% | +16.32% |
| Change | -1.61 | -0.79 | -0.43 | - | +0.07 | +0.35 | +1.03 |
| Level | Intermediate | Intermediate | 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 | 4.23 | 5.06 | 5.69 | 6.52 | 7.15 | 7.98 | 8.61 |
| Camarilla | 5.93 | 6.06 | 6.20 | 6.33 | 6.46 | 6.60 | 6.73 |
| Woodie | 4.14 | 5.01 | 5.60 | 6.47 | 7.06 | 7.93 | 8.52 |
| Fibonacci | 5.06 | 5.61 | 5.96 | 6.52 | 7.07 | 7.42 | 7.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.49 | 3.78 | 4.18 | 4.47 | 4.87 | 5.16 | 5.56 |
| Camarilla | 4.38 | 4.44 | 4.51 | 4.57 | 4.63 | 4.70 | 4.76 |
| Woodie | 3.54 | 3.81 | 4.23 | 4.50 | 4.92 | 5.19 | 5.61 |
| Fibonacci | 3.78 | 4.05 | 4.21 | 4.47 | 4.74 | 4.90 | 5.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.64 | 3.13 | 3.70 | 4.19 | 4.76 | 5.25 | 5.82 |
| Camarilla | 3.98 | 4.08 | 4.17 | 4.27 | 4.37 | 4.46 | 4.56 |
| Woodie | 2.68 | 3.15 | 3.74 | 4.21 | 4.80 | 5.27 | 5.86 |
| Fibonacci | 3.13 | 3.54 | 3.79 | 4.19 | 4.60 | 4.85 | 5.25 |
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): | 50.03 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | 7.18 | |
| AROON (14): | -7.15 | |
| DEMA (21): | 6.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.93 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 5.80 | |
| Zig ZAG (10): | 6.25 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 32.02 | |
| TEMA (21): | 6.22 | |
| Williams %R (14): | -65.33 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | -2.5200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.05 |
| MA7: | 5.48 | |
| MA20: | 4.63 | |
| MA50: | 4.21 | |
| MA100: | 4.34 | |
| MAexp7: | 6.30 | |
| MAexp20: | 6.33 | |
| MAexp50: | 6.19 | |
| MAexp100: | 5.81 | |
| Price / MA7: | +15.15% | |
| Price / MA20: | +36.29% | |
| Price / MA50: | +49.88% | |
| Price / MA100: | +45.39% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | -0.32% | |
| Price / MAexp50: | +1.94% | |
| Price / MAexp100: | +8.61% |
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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