MOONBEAM - GLMR/USDT - 1H - Technical analysis published on 05/09/2024 (GMT)
- 153
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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 bullish
Underlying:
Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.295303 USDT
My targets
0.309638 USDT (+3.88%)
0.314701 USDT (+5.58%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on MOONBEAM - GLMR/USDT as long as the price remains well above 0.295303 USDT. The buyers' bullish objective is set at 0.309638 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.314701 USDT. If there is any crossing, the next objective would be the resistance located at 0.321240 USDT.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.8
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.
This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MOONBEAM - GLMR/USDT price is 0.298068 USDT. The price registered an increase of +3.46% on the session and was traded between 0.282498 USDT and 0.300445 USDT over the period. The price is currently at +5.51% from its lowest and -0.79% from its highest.0.282498
0.300445
0.298068
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of MOONBEAM - GLMR/USDT indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.274097 | 0.281563 | 0.295303 | 0.298068 | 0.309638 | 0.314701 | 0.321240 |
| Change (%) | -8.04% | -5.54% | -0.93% | - | +3.88% | +5.58% | +7.77% |
| Change | -0.023971 | -0.016505 | -0.002765 | - | +0.011570 | +0.016633 | +0.023172 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.262037 | 0.270947 | 0.279529 | 0.288439 | 0.297021 | 0.305931 | 0.314513 |
| Camarilla | 0.283300 | 0.284903 | 0.286507 | 0.288110 | 0.289713 | 0.291317 | 0.292920 |
| Woodie | 0.261872 | 0.270865 | 0.279364 | 0.288357 | 0.296856 | 0.305849 | 0.314348 |
| Fibonacci | 0.270947 | 0.277629 | 0.281757 | 0.288439 | 0.295121 | 0.299249 | 0.305931 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.211992 | 0.237297 | 0.270477 | 0.295782 | 0.328962 | 0.354267 | 0.387447 |
| Camarilla | 0.287575 | 0.292936 | 0.298297 | 0.303658 | 0.309019 | 0.314380 | 0.319741 |
| Woodie | 0.215931 | 0.239266 | 0.274416 | 0.297751 | 0.332901 | 0.356236 | 0.391386 |
| Fibonacci | 0.237297 | 0.259638 | 0.273440 | 0.295782 | 0.318123 | 0.331925 | 0.354267 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.060222 | 0.094372 | 0.187514 | 0.342108 | 0.435250 | 0.589844 | 0.682986 |
| Camarilla | 0.212530 | 0.235239 | 0.257948 | 0.280657 | 0.303366 | 0.326075 | 0.348784 |
| Woodie | -0.090947 | 0.079009 | 0.156789 | 0.326745 | 0.404525 | 0.574481 | 0.652261 |
| Fibonacci | 0.094372 | 0.189007 | 0.247473 | 0.342108 | 0.436743 | 0.495209 | 0.589844 |
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): | 58.19 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 12.466442 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.289719 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.282857 | |
| Elder Ray (13): | 0.004482 | |
| Super Trend (3,10): | 0.281083 | |
| Zig ZAG (10): | 0.296301 | |
| VORTEX (21): | 1.0125 | |
| Stochastique (14,3,5): | 71.19 | |
| TEMA (21): | 0.291277 | |
| Williams %R (14): | -22.97 | |
| Chande Momentum Oscillator (20): | 0.006392 | |
| Repulse (5,40,3): | 2.1431 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0173 | |
| Courbe Coppock: | 0.52 |
| MA7: | 0.298910 | |
| MA20: | 0.308971 | |
| MA50: | 0.382005 | |
| MA100: | 0.422309 | |
| MAexp7: | 0.291727 | |
| MAexp20: | 0.289524 | |
| MAexp50: | 0.291172 | |
| MAexp100: | 0.293892 | |
| Price / MA7: | -0.28% | |
| Price / MA20: | -3.53% | |
| Price / MA50: | -21.97% | |
| Price / MA100: | -29.42% | |
| Price / MAexp7: | +2.17% | |
| Price / MAexp20: | +2.95% | |
| Price / MAexp50: | +2.37% | |
| Price / MAexp100: | +1.42% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis MOONBEAM - GLMR/USDT - 1H