WOO NETWORK - WOO/USDT - 1H - Technical analysis published on 02/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 0.210283 USDT
My targets
0.197600 USDT (-4.31%)
0.193100 USDT (-6.49%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on WOO NETWORK - WOO/USDT. As long as you are under the resistance located at 0.210283 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.197600 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.193100 USDT as an objective. If the resistance 0.210283 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3
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Additional analysis
Quotes
The WOO NETWORK - WOO/USDT rating is 0.206500 USDT. The price has increased by +0.49% since the last closing with the lowest point at 0.201300 USDT and the highest point at 0.210200 USDT. The deviation from the price is +2.58% for the low point and -1.76% for the high point.0.201300
0.210200
0.206500
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by WOO NETWORK - WOO/USDT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of WOO NETWORK - WOO/USDT in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.193100 | 0.206500 | 0.210283 | 0.235000 | 0.255700 |
| Change (%) | -6.49% | - | +1.83% | +13.80% | +23.83% |
| Change | -0.013400 | - | +0.003783 | +0.028500 | +0.049200 |
| Level | Intermediate | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.169633 | 0.181367 | 0.193433 | 0.205167 | 0.217233 | 0.228967 | 0.241033 |
| Camarilla | 0.198955 | 0.201137 | 0.203318 | 0.205500 | 0.207682 | 0.209863 | 0.212045 |
| Woodie | 0.169800 | 0.181450 | 0.193600 | 0.205250 | 0.217400 | 0.229050 | 0.241200 |
| Fibonacci | 0.181367 | 0.190458 | 0.196075 | 0.205167 | 0.214258 | 0.219875 | 0.228967 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.125900 | 0.164600 | 0.197600 | 0.236300 | 0.269300 | 0.308000 | 0.341000 |
| Camarilla | 0.210883 | 0.217455 | 0.224028 | 0.230600 | 0.237173 | 0.243745 | 0.250318 |
| Woodie | 0.123050 | 0.163175 | 0.194750 | 0.234875 | 0.266450 | 0.306575 | 0.338150 |
| Fibonacci | 0.164600 | 0.191989 | 0.208911 | 0.236300 | 0.263689 | 0.280611 | 0.308000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.016633 | 0.068267 | 0.123833 | 0.175467 | 0.231033 | 0.282667 | 0.338233 |
| Camarilla | 0.149920 | 0.159747 | 0.169573 | 0.179400 | 0.189227 | 0.199053 | 0.208880 |
| Woodie | 0.018600 | 0.069250 | 0.125800 | 0.176450 | 0.233000 | 0.283650 | 0.340200 |
| Fibonacci | 0.068267 | 0.109217 | 0.134516 | 0.175467 | 0.216417 | 0.241716 | 0.282667 |
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): | 47.24 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -10.518833 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.203917 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.210022 | |
| Elder Ray (13): | -0.001789 | |
| Super Trend (3,10): | 0.197819 | |
| Zig ZAG (10): | 0.204800 | |
| VORTEX (21): | 1.0829 | |
| Stochastique (14,3,5): | 41.89 | |
| TEMA (21): | 0.206114 | |
| Williams %R (14): | -61.80 | |
| Chande Momentum Oscillator (20): | 0.000300 | |
| Repulse (5,40,3): | -1.2954 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1106 | |
| Courbe Coppock: | 4.82 |
| MA7: | 0.220871 | |
| MA20: | 0.207475 | |
| MA50: | 0.179594 | |
| MA100: | - | |
| MAexp7: | 0.205381 | |
| MAexp20: | 0.205823 | |
| MAexp50: | 0.210338 | |
| MAexp100: | 0.215971 | |
| Price / MA7: | -6.51% | |
| Price / MA20: | -0.47% | |
| Price / MA50: | +14.98% | |
| Price / MA100: | - | |
| Price / MAexp7: | +0.54% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | -1.82% | |
| Price / MAexp100: | -4.39% |
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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