KRYLL - KRL/USD - 1H - Technical analysis published on 06/21/2024 (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
11%
78%
11%
My opinion
Bearish under 0.466318 USD
My targets
0.441833 USD (-3.13%)
0.381265 USD (-16.41%)
My analysis
KRYLL - KRL/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.466318 USD. The next support located at 0.441833 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.381265 USD. Below this support, sellers could then target 0.365827 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9
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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 KRYLL - KRL/USD price is 0.456099 USD. On the day, this instrument lost -3.46% and was traded between 0.456096 USD and 0.484851 USD over the period. The price is currently at +0.00% from its lowest and -5.93% from its highest.0.456096
0.484851
0.456099
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of KRYLL - KRL/USD indicates that the overall trend is strongly bearish. 89.29% 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.
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.227263 | 0.365827 | 0.454393 | 0.456099 | 0.466318 | 0.476562 | 0.515670 |
| Change (%) | -50.17% | -19.79% | -0.37% | - | +2.24% | +4.49% | +13.06% |
| Change | -0.228836 | -0.090272 | -0.001706 | - | +0.010219 | +0.020463 | +0.059571 |
| Level | Intermediate | Intermediate | 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 | 0.436879 | 0.445636 | 0.459029 | 0.467786 | 0.481179 | 0.489936 | 0.503329 |
| Camarilla | 0.466331 | 0.468361 | 0.470392 | 0.472422 | 0.474452 | 0.476483 | 0.478513 |
| Woodie | 0.439197 | 0.446795 | 0.461347 | 0.468945 | 0.483497 | 0.491095 | 0.505647 |
| Fibonacci | 0.445636 | 0.454097 | 0.459325 | 0.467786 | 0.476247 | 0.481475 | 0.489936 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.381265 | 0.441833 | 0.474957 | 0.535525 | 0.568649 | 0.629217 | 0.662341 |
| Camarilla | 0.482317 | 0.490905 | 0.499494 | 0.508082 | 0.516670 | 0.525259 | 0.533847 |
| Woodie | 0.367544 | 0.434972 | 0.461236 | 0.528664 | 0.554928 | 0.622356 | 0.648620 |
| Fibonacci | 0.441833 | 0.477623 | 0.499734 | 0.535525 | 0.571315 | 0.593426 | 0.629217 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.247999 | 0.422873 | 0.515906 | 0.690780 | 0.783813 | 0.958687 | 1.051720 |
| Camarilla | 0.535266 | 0.559824 | 0.584382 | 0.608940 | 0.633498 | 0.658056 | 0.682614 |
| Woodie | 0.207080 | 0.402413 | 0.474987 | 0.670320 | 0.742894 | 0.938227 | 1.010801 |
| Fibonacci | 0.422873 | 0.525213 | 0.588439 | 0.690780 | 0.793120 | 0.856346 | 0.958687 |
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): | 29.00 | |
| MACD (12,26,9): | -0.0034 | |
| Directional Movement: | -15.827106 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.464445 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.467223 | |
| Elder Ray (13): | -0.008581 | |
| Super Trend (3,10): | 0.470342 | |
| Zig ZAG (10): | 0.456431 | |
| VORTEX (21): | 0.7847 | |
| Stochastique (14,3,5): | 7.01 | |
| TEMA (21): | 0.461791 | |
| Williams %R (14): | -97.86 | |
| Chande Momentum Oscillator (20): | -0.017603 | |
| Repulse (5,40,3): | -1.2704 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0251 | |
| Courbe Coppock: | 6.04 |
| MA7: | 0.490118 | |
| MA20: | 0.557239 | |
| MA50: | 0.628118 | |
| MA100: | 0.704224 | |
| MAexp7: | 0.463479 | |
| MAexp20: | 0.467832 | |
| MAexp50: | 0.472082 | |
| MAexp100: | 0.481219 | |
| Price / MA7: | -6.94% | |
| Price / MA20: | -18.15% | |
| Price / MA50: | -27.39% | |
| Price / MA100: | -35.23% | |
| Price / MAexp7: | -1.59% | |
| Price / MAexp20: | -2.51% | |
| Price / MAexp50: | -3.39% | |
| Price / MAexp100: | -5.22% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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