JOE - JOE/USDT - 1H - Technical analysis published on 04/24/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.483367 USDT
My targets
0.451667 USDT (-5.51%)
0.373400 USDT (-21.88%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on JOE - JOE/USDT as long as the price remains well below 0.483367 USDT. The sellers' bearish objective is set at 0.451667 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.373400 USDT. In case of crossing, the next objective would be the support located at 0.302500 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.8
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
The JOE - JOE/USDT rating is 0.478000 USDT. The price is lower by -1.87% since the last closing and was traded between 0.477800 USDT and 0.497300 USDT over the period. The price is currently at +0.04% from its lowest and -3.88% from its highest.0.477800
0.497300
0.478000
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this JOE - JOE/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.194781 | 0.302500 | 0.373400 | 0.478000 | 0.566800 | 0.614200 | 0.658300 |
| Change (%) | -59.25% | -36.72% | -21.88% | - | +18.58% | +28.49% | +37.72% |
| Change | -0.283219 | -0.175500 | -0.104600 | - | +0.088800 | +0.136200 | +0.180300 |
| Level | Major | Minor | Minor | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.404700 | 0.438700 | 0.462900 | 0.496900 | 0.521100 | 0.555100 | 0.579300 |
| Camarilla | 0.471095 | 0.476430 | 0.481765 | 0.487100 | 0.492435 | 0.497770 | 0.503105 |
| Woodie | 0.399800 | 0.436250 | 0.458000 | 0.494450 | 0.516200 | 0.552650 | 0.574400 |
| Fibonacci | 0.438700 | 0.460932 | 0.474668 | 0.496900 | 0.519132 | 0.532868 | 0.555100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.239367 | 0.372533 | 0.451667 | 0.584833 | 0.663967 | 0.797133 | 0.876267 |
| Camarilla | 0.472418 | 0.491878 | 0.511339 | 0.530800 | 0.550261 | 0.569722 | 0.589183 |
| Woodie | 0.212350 | 0.359025 | 0.424650 | 0.571325 | 0.636950 | 0.783625 | 0.849250 |
| Fibonacci | 0.372533 | 0.453632 | 0.503735 | 0.584833 | 0.665932 | 0.716035 | 0.797133 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.163567 | 0.011367 | 0.308433 | 0.483367 | 0.780433 | 0.955367 | 1.252433 |
| Camarilla | 0.475700 | 0.518967 | 0.562233 | 0.605500 | 0.648767 | 0.692033 | 0.735300 |
| Woodie | -0.102500 | 0.041900 | 0.369500 | 0.513900 | 0.841500 | 0.985900 | 1.313500 |
| Fibonacci | 0.011367 | 0.191671 | 0.303063 | 0.483367 | 0.663671 | 0.775063 | 0.955367 |
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): | 34.26 | |
| MACD (12,26,9): | -0.0073 | |
| Directional Movement: | -23.470579 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.481127 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.497300 | |
| Elder Ray (13): | -0.007041 | |
| Super Trend (3,10): | 0.502239 | |
| Zig ZAG (10): | 0.478000 | |
| VORTEX (21): | 0.8130 | |
| Stochastique (14,3,5): | 29.48 | |
| TEMA (21): | 0.480997 | |
| Williams %R (14): | -81.25 | |
| Chande Momentum Oscillator (20): | 0.002800 | |
| Repulse (5,40,3): | -1.8058 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2144 | |
| Courbe Coppock: | 5.40 |
| MA7: | 0.555514 | |
| MA20: | 0.592865 | |
| MA50: | 0.463422 | |
| MA100: | 0.343181 | |
| MAexp7: | 0.484547 | |
| MAexp20: | 0.491165 | |
| MAexp50: | 0.507665 | |
| MAexp100: | 0.536144 | |
| Price / MA7: | -13.95% | |
| Price / MA20: | -19.37% | |
| Price / MA50: | +3.15% | |
| Price / MA100: | +39.29% | |
| Price / MAexp7: | -1.35% | |
| Price / MAexp20: | -2.68% | |
| Price / MAexp50: | -5.84% | |
| Price / MAexp100: | -10.84% |
Quotes :
-
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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