JOE - JOE/USDT - 1H - Technical analysis published on 05/06/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.385600 USDT
My targets
0.302500 USDT (-18.51%)
0.295800 USDT (-20.31%)
My analysis
JOE - JOE/USDT 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 0.385600 USDT. The next support located at 0.302500 USDT 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 0.295800 USDT. Below this support, sellers could then target 0.194781 USDT. 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 not called into question, despite technical indicators being neutral.
Force
0
10
7.1
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Additional analysis
Quotes
The JOE - JOE/USDT price is 0.371200 USDT. The price is lower by -7.32% since the last closing with the lowest point at 0.370300 USDT and the highest point at 0.402900 USDT. The deviation from the price is +0.24% for the low point and -7.87% for the high point.0.370300
0.402900
0.371200
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
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: 4 are bullish, 4 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
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 | 0.138195 | 0.194781 | 0.302500 | 0.371200 | 0.373400 | 0.385600 | 0.395900 |
| Change (%) | -62.77% | -47.53% | -18.51% | - | +0.59% | +3.88% | +6.65% |
| Change | -0.233005 | -0.176419 | -0.068700 | - | +0.002200 | +0.014400 | +0.024700 |
| Level | Intermediate | Major | Minor | - | Minor | Intermediate | Minor |
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 | 0.352500 | 0.368900 | 0.384700 | 0.401100 | 0.416900 | 0.433300 | 0.449100 |
| Camarilla | 0.391645 | 0.394597 | 0.397548 | 0.400500 | 0.403452 | 0.406403 | 0.409355 |
| Woodie | 0.352200 | 0.368750 | 0.384400 | 0.400950 | 0.416600 | 0.433150 | 0.448800 |
| Fibonacci | 0.368900 | 0.381200 | 0.388800 | 0.401100 | 0.413400 | 0.421000 | 0.433300 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.391667 | 0.427233 | 0.463667 | 0.499233 | 0.535667 | 0.571233 | 0.607667 |
| Camarilla | 0.480300 | 0.486900 | 0.493500 | 0.500100 | 0.506700 | 0.513300 | 0.519900 |
| Woodie | 0.392100 | 0.427450 | 0.464100 | 0.499450 | 0.536100 | 0.571450 | 0.608100 |
| Fibonacci | 0.427233 | 0.454737 | 0.471729 | 0.499233 | 0.526737 | 0.543729 | 0.571233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.128800 | 0.295800 | 0.384000 | 0.551000 | 0.639200 | 0.806200 | 0.894400 |
| Camarilla | 0.402020 | 0.425413 | 0.448807 | 0.472200 | 0.495593 | 0.518987 | 0.542380 |
| Woodie | 0.089400 | 0.276100 | 0.344600 | 0.531300 | 0.599800 | 0.786500 | 0.855000 |
| Fibonacci | 0.295800 | 0.393286 | 0.453514 | 0.551000 | 0.648486 | 0.708714 | 0.806200 |
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): | 39.76 | |
| MACD (12,26,9): | -0.0056 | |
| Directional Movement: | -10.185625 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.374462 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.381892 | |
| Elder Ray (13): | -0.001889 | |
| Super Trend (3,10): | 0.389420 | |
| Zig ZAG (10): | 0.377500 | |
| VORTEX (21): | 0.7753 | |
| Stochastique (14,3,5): | 32.76 | |
| TEMA (21): | 0.372511 | |
| Williams %R (14): | -53.37 | |
| Chande Momentum Oscillator (20): | -0.001000 | |
| Repulse (5,40,3): | 0.8941 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2105 | |
| Courbe Coppock: | 6.02 |
| MA7: | 0.418271 | |
| MA20: | 0.500070 | |
| MA50: | 0.519436 | |
| MA100: | 0.376713 | |
| MAexp7: | 0.376792 | |
| MAexp20: | 0.381767 | |
| MAexp50: | 0.390556 | |
| MAexp100: | 0.404021 | |
| Price / MA7: | -11.25% | |
| Price / MA20: | -25.77% | |
| Price / MA50: | -28.54% | |
| Price / MA100: | -1.46% | |
| Price / MAexp7: | -1.48% | |
| Price / MAexp20: | -2.77% | |
| Price / MAexp50: | -4.96% | |
| Price / MAexp100: | -8.12% |
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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