MOONRIVER - MOVR/USD - 1H - Technical analysis published on 11/15/2023 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 6.02 USD
My targets
6.32 USD (+2.10%)
6.66 USD (+7.59%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MOONRIVER - MOVR/USD as long as the price remains well above 6.02 USD. The buyers' bullish objective is set at 6.32 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 7.45 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.6
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Additional analysis
Quotes
The MOONRIVER - MOVR/USD rating is 6.19 USD. On the day, this instrument lost -0.64% and was between 6.01 USD and 6.30 USD. This implies that the price is at +3.00% from its lowest and at -1.75% from its highest.6.01
6.30
6.19
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of MOONRIVER - MOVR/USD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.10 | 5.52 | 6.02 | 6.19 | 6.32 | 6.66 | 7.45 |
| Change (%) | -17.61% | -10.82% | -2.75% | - | +2.10% | +7.59% | +20.36% |
| Change | -1.09 | -0.67 | -0.17 | - | +0.13 | +0.47 | +1.26 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | 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 | 5.36 | 5.62 | 5.93 | 6.19 | 6.50 | 6.76 | 7.07 |
| Camarilla | 6.07 | 6.13 | 6.18 | 6.23 | 6.28 | 6.34 | 6.39 |
| Woodie | 5.38 | 5.63 | 5.95 | 6.20 | 6.52 | 6.77 | 7.09 |
| Fibonacci | 5.62 | 5.84 | 5.98 | 6.19 | 6.41 | 6.55 | 6.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.18 | 2.81 | 4.35 | 5.98 | 7.52 | 9.15 | 10.69 |
| Camarilla | 5.01 | 5.30 | 5.59 | 5.88 | 6.17 | 6.46 | 6.75 |
| Woodie | 1.13 | 2.79 | 4.30 | 5.96 | 7.47 | 9.13 | 10.64 |
| Fibonacci | 2.81 | 4.02 | 4.77 | 5.98 | 7.19 | 7.94 | 9.15 |
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): | 52.89 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -0.40 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 6.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.01 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 5.94 | |
| Zig ZAG (10): | 6.19 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 58.32 | |
| TEMA (21): | 6.16 | |
| Williams %R (14): | -34.62 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 2.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.26 |
| MA7: | 6.09 | |
| MA20: | 5.25 | |
| MA50: | 4.46 | |
| MA100: | 4.41 | |
| MAexp7: | 6.17 | |
| MAexp20: | 6.15 | |
| MAexp50: | 6.13 | |
| MAexp100: | 6.07 | |
| Price / MA7: | +1.64% | |
| Price / MA20: | +17.90% | |
| Price / MA50: | +38.79% | |
| Price / MA100: | +40.36% | |
| Price / MAexp7: | +0.32% | |
| Price / MAexp20: | +0.65% | |
| Price / MAexp50: | +0.98% | |
| Price / MAexp100: | +1.98% |
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.
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