GALA - GALA/USDT - 1H - Technical analysis published on 05/19/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.032620 USDT
My targets
0.030620 USDT (-2.23%)
0.029940 USDT (-4.41%)
My analysis
In the short term, we can see an acceleration in the bearish trend on GALA - GALA/USDT, which is a positive signal for sellers. As long as the price remains above 0.032620 USDT, a sale could be considered. The first bearish objective is located at 0.030620 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.029940 USDT as an objective. Crossing it would then enable sellers to target 0.027733 USDT. If the price were to return above 0.032620 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.5
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Additional analysis
Quotes
The GALA - GALA/USDT rating is 0.031320 USDT. On the day, this instrument lost -3.78% and was between 0.030740 USDT and 0.033180 USDT. This implies that the price is at +1.89% from its lowest and at -5.61% from its highest.0.030740
0.033180
0.031320
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this GALA - GALA/USDT chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.029940 | 0.030620 | 0.031290 | 0.031320 | 0.032620 | 0.033187 | 0.035260 |
| Change (%) | -4.41% | -2.23% | -0.10% | - | +4.15% | +5.96% | +12.58% |
| Change | -0.001380 | -0.000700 | -0.000030 | - | +0.001300 | +0.001867 | +0.003940 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027213 | 0.029367 | 0.030953 | 0.033107 | 0.034693 | 0.036847 | 0.038433 |
| Camarilla | 0.031512 | 0.031854 | 0.032197 | 0.032540 | 0.032883 | 0.033226 | 0.033569 |
| Woodie | 0.026930 | 0.029225 | 0.030670 | 0.032965 | 0.034410 | 0.036705 | 0.038150 |
| Fibonacci | 0.029367 | 0.030795 | 0.031678 | 0.033107 | 0.034535 | 0.035418 | 0.036847 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.021613 | 0.024467 | 0.026993 | 0.029847 | 0.032373 | 0.035227 | 0.037753 |
| Camarilla | 0.028041 | 0.028534 | 0.029027 | 0.029520 | 0.030013 | 0.030506 | 0.031000 |
| Woodie | 0.021450 | 0.024385 | 0.026830 | 0.029765 | 0.032210 | 0.035145 | 0.037590 |
| Fibonacci | 0.024467 | 0.026522 | 0.027792 | 0.029847 | 0.031902 | 0.033172 | 0.035227 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019947 | 0.028253 | 0.033197 | 0.041503 | 0.046447 | 0.054753 | 0.059697 |
| Camarilla | 0.034496 | 0.035711 | 0.036925 | 0.038140 | 0.039355 | 0.040569 | 0.041784 |
| Woodie | 0.018265 | 0.027413 | 0.031515 | 0.040663 | 0.044765 | 0.053913 | 0.058015 |
| Fibonacci | 0.028253 | 0.033315 | 0.036442 | 0.041503 | 0.046565 | 0.049692 | 0.054753 |
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): | 39.01 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -13.572982 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.031603 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.032570 | |
| Elder Ray (13): | -0.000428 | |
| Super Trend (3,10): | 0.032580 | |
| Zig ZAG (10): | 0.031320 | |
| VORTEX (21): | 0.8693 | |
| Stochastique (14,3,5): | 20.77 | |
| TEMA (21): | 0.031290 | |
| Williams %R (14): | -76.23 | |
| Chande Momentum Oscillator (20): | -0.001130 | |
| Repulse (5,40,3): | -0.8766 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0915 | |
| Courbe Coppock: | 4.44 |
| MA7: | 0.030916 | |
| MA20: | 0.032778 | |
| MA50: | 0.037886 | |
| MA100: | 0.040463 | |
| MAexp7: | 0.031516 | |
| MAexp20: | 0.031951 | |
| MAexp50: | 0.032054 | |
| MAexp100: | 0.031591 | |
| Price / MA7: | +1.31% | |
| Price / MA20: | -4.45% | |
| Price / MA50: | -17.33% | |
| Price / MA100: | -22.60% | |
| Price / MAexp7: | -0.62% | |
| Price / MAexp20: | -1.97% | |
| Price / MAexp50: | -2.29% | |
| Price / MAexp100: | -0.86% |
Quotes :
-
Real time data
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