MERIT CIRCLE - MC/USDT - Daily - Technical analysis published on 02/24/2023 (GMT)
- 176
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
44%
22%
33%
My opinion
Neutral between 0.354433 USDT and 0.423033 USDT
My targets
-
My analysis
There is no basic trend on MERIT CIRCLE - MC/USDT and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 0.423033 USDT. The nearest support is located at 0.354433 USDT. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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This analysis was given by domdufour. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MERIT CIRCLE - MC/USDT rating is 0.368100 USDT. The price registered a decrease of -5.62% on the session and was between 0.359100 USDT and 0.391000 USDT. This implies that the price is at +2.51% from its lowest and at -5.86% from its highest.0.359100
0.391000
0.368100
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of MERIT CIRCLE - MC/USDT indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.266018 | 0.368100 | 0.424721 | 0.605467 | 0.764900 |
Change (%) | -27.73% | - | +15.38% | +64.48% | +107.80% |
Change | -0.102082 | - | +0.056621 | +0.237367 | +0.396800 |
Level | Intermediate | - | Minor | 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 | 0.334433 | 0.355067 | 0.372533 | 0.393167 | 0.410633 | 0.431267 | 0.448733 |
Camarilla | 0.379523 | 0.383015 | 0.386508 | 0.390000 | 0.393493 | 0.396985 | 0.400478 |
Woodie | 0.332850 | 0.354275 | 0.370950 | 0.392375 | 0.409050 | 0.430475 | 0.447150 |
Fibonacci | 0.355067 | 0.369621 | 0.378613 | 0.393167 | 0.407721 | 0.416713 | 0.431267 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.237033 | 0.270067 | 0.330033 | 0.363067 | 0.423033 | 0.456067 | 0.516033 |
Camarilla | 0.364425 | 0.372950 | 0.381475 | 0.390000 | 0.398525 | 0.407050 | 0.415575 |
Woodie | 0.250500 | 0.276800 | 0.343500 | 0.369800 | 0.436500 | 0.462800 | 0.529500 |
Fibonacci | 0.270067 | 0.305593 | 0.327541 | 0.363067 | 0.398593 | 0.420541 | 0.456067 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.081267 | 0.170133 | 0.265567 | 0.354433 | 0.449867 | 0.538733 | 0.634167 |
Camarilla | 0.310318 | 0.327212 | 0.344106 | 0.361000 | 0.377894 | 0.394788 | 0.411683 |
Woodie | 0.084550 | 0.171775 | 0.268850 | 0.356075 | 0.453150 | 0.540375 | 0.637450 |
Fibonacci | 0.170133 | 0.240536 | 0.284031 | 0.354433 | 0.424836 | 0.468331 | 0.538733 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 51.28 | |
MACD (12,26,9): | 0.0086 | |
Directional Movement: | 15.191203 | |
AROON (14): | -28.571429 | |
DEMA (21): | 0.377255 | |
Parabolic SAR (0,02-0,02-0,2): | 0.314147 | |
Elder Ray (13): | 0.004489 | |
Super Trend (3,10): | 0.308924 | |
Zig ZAG (10): | 0.368100 | |
VORTEX (21): | 1.0214 | |
Stochastique (14,3,5): | 64.44 | |
TEMA (21): | 0.378887 | |
Williams %R (14): | -51.82 | |
Chande Momentum Oscillator (20): | 0.023100 | |
Repulse (5,40,3): | -5.1248 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.2719 | |
Courbe Coppock: | 3.27 |
MA7: | 0.377729 | |
MA20: | 0.368450 | |
MA50: | 0.340352 | |
MA100: | 0.355993 | |
MAexp7: | 0.376776 | |
MAexp20: | 0.366131 | |
MAexp50: | 0.359002 | |
MAexp100: | 0.396354 | |
Price / MA7: | -2.55% | |
Price / MA20: | -0.09% | |
Price / MA50: | +8.15% | |
Price / MA100: | +3.40% | |
Price / MAexp7: | -2.30% | |
Price / MAexp20: | +0.54% | |
Price / MAexp50: | +2.53% | |
Price / MAexp100: | -7.13% |
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.
About author
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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