T STAMP INC. - 1H - Technical analysis published on 04/12/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 3.10 USD
My targets
2.82 USD (-1.98%)
2.66 USD (-7.64%)
My analysis
In a bearish trend, the price of T STAMP INC. tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 3.10 USD. A bearish break in the support located at 2.82 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 2.66 USD. Then 2.31 USD by extension. It would be safer to wait for a bearish break in the support located at 2.82 USD before allowing yourself to re trade short positions (for sale) on T STAMP INC.. PS: if there is a bullish break in the resistance located at 3.10 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The T STAMP INC. price is 2.88 USD. On the day, this instrument gained +50.79% with the lowest point at 1.78 USD and the highest point at 2.89 USD. The deviation from the price is +61.80% for the low point and -0.35% for the high point.1.78
2.89
2.88
A study of price movements over other periods shows the following variations:
Near a 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
A technical analysis in 1H of this T STAMP INC. chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
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 channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
White marubozu
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.75 | 2.31 | 2.66 | 2.88 | 3.10 | 3.35 | 4.15 |
| Change (%) | -39.24% | -19.79% | -7.64% | - | +7.64% | +16.32% | +44.10% |
| Change | -1.13 | -0.57 | -0.22 | - | +0.22 | +0.47 | +1.27 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 1.66 | 1.75 | 1.83 | 1.92 | 2.00 | 2.09 | 2.17 |
| Camarilla | 1.86 | 1.88 | 1.89 | 1.91 | 1.93 | 1.94 | 1.96 |
| Woodie | 1.66 | 1.75 | 1.83 | 1.92 | 2.00 | 2.09 | 2.17 |
| Fibonacci | 1.75 | 1.82 | 1.86 | 1.92 | 1.99 | 2.03 | 2.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.84 | 1.48 | 1.83 | 2.47 | 2.82 | 3.46 | 3.81 |
| Camarilla | 1.92 | 2.01 | 2.10 | 2.19 | 2.28 | 2.37 | 2.46 |
| Woodie | 0.71 | 1.41 | 1.70 | 2.40 | 2.69 | 3.39 | 3.68 |
| Fibonacci | 1.48 | 1.86 | 2.09 | 2.47 | 2.85 | 3.08 | 3.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.16 | 0.96 | 1.76 | 2.56 | 3.36 | 4.16 | 4.96 |
| Camarilla | 2.13 | 2.28 | 2.42 | 2.57 | 2.72 | 2.86 | 3.01 |
| Woodie | 0.17 | 0.96 | 1.77 | 2.56 | 3.37 | 4.16 | 4.97 |
| Fibonacci | 0.96 | 1.57 | 1.95 | 2.56 | 3.17 | 3.55 | 4.16 |
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): | 35.65 | |
| MACD (12,26,9): | -0.1300 | |
| Directional Movement: | -28.34 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 1.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.20 | |
| Elder Ray (13): | -0.14 | |
| Super Trend (3,10): | 2.21 | |
| Zig ZAG (10): | 1.86 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 19.94 | |
| TEMA (21): | 1.85 | |
| Williams %R (14): | -83.95 | |
| Chande Momentum Oscillator (20): | -0.30 | |
| Repulse (5,40,3): | 1.3300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7800 | |
| Courbe Coppock: | 30.66 |
| MA7: | 2.21 | |
| MA20: | 2.39 | |
| MA50: | 2.88 | |
| MA100: | 3.16 | |
| MAexp7: | 1.95 | |
| MAexp20: | 2.09 | |
| MAexp50: | 2.27 | |
| MAexp100: | 2.41 | |
| Price / MA7: | +30.32% | |
| Price / MA20: | +20.50% | |
| Price / MA50: | -0% | |
| Price / MA100: | -8.86% | |
| Price / MAexp7: | +47.69% | |
| Price / MAexp20: | +37.80% | |
| Price / MAexp50: | +26.87% | |
| Price / MAexp100: | +19.50% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on T STAMP INC.. At the time of publication of this analysis, the latest news was as follows:
- Trust Stamp Reports 2022 Financial Results and Provides Business Update
- Trust Stamp Announces Notice of Allowance for U.S Patent Related to its Artificial Intelligence (AI) Based Biometric Authentication Technology
- Trust Stamp Announces the Latest Addition to its Low-code Orchestration Platform, The Driver License Data Verification (DLDV) System
- Trust Stamp Announces Rapid Customer Adoption of Privacy-First Identity Orchestration Platform; Outpacing Management's Expectations
- Trust Stamp Receives Notice of Allowance from the US Patent and Trademark Office
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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