SECRET - SCRT/USD - 1H - Technical analysis published on 11/28/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.600900 USD
My targets
0.705767 USD (+8.91%)
0.712600 USD (+9.97%)
My analysis
The bullish trend is currently very strong on SECRET - SCRT/USD. As long as the price remains above the support at 0.600900 USD, you could try to benefit from the boom. The first bullish objective is located at 0.705767 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.712600 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
9.1
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Additional analysis
Quotes
The SECRET - SCRT/USD rating is 0.648000 USD. The price has increased by +11.61% since the last closing and was traded between 0.575000 USD and 0.657100 USD over the period. The price is currently at +12.70% from its lowest and -1.38% from its highest.0.575000
0.657100
0.648000
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
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
Technical analysis of SECRET - SCRT/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.419800 | 0.536660 | 0.600900 | 0.648000 | 0.648150 | 0.712600 |
| Change (%) | -35.22% | -17.18% | -7.27% | - | +0.02% | +9.97% |
| Change | -0.228200 | -0.111340 | -0.047100 | - | +0.000150 | +0.064600 |
| Level | Intermediate | Major | Minor | - | Major | 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 | 0.420033 | 0.478467 | 0.529533 | 0.587967 | 0.639033 | 0.697467 | 0.748533 |
| Camarilla | 0.550488 | 0.560525 | 0.570563 | 0.580600 | 0.590638 | 0.600675 | 0.610713 |
| Woodie | 0.416350 | 0.476625 | 0.525850 | 0.586125 | 0.635350 | 0.695625 | 0.744850 |
| Fibonacci | 0.478467 | 0.520296 | 0.546138 | 0.587967 | 0.629796 | 0.655638 | 0.697467 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.158633 | 0.029533 | 0.273567 | 0.461733 | 0.705767 | 0.893933 | 1.137967 |
| Camarilla | 0.398745 | 0.438363 | 0.477982 | 0.517600 | 0.557218 | 0.596837 | 0.636455 |
| Woodie | -0.130700 | 0.043500 | 0.301500 | 0.475700 | 0.733700 | 0.907900 | 1.165900 |
| Fibonacci | 0.029533 | 0.194634 | 0.296633 | 0.461733 | 0.626834 | 0.728833 | 0.893933 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.144633 | 0.167967 | 0.180533 | 0.203867 | 0.216433 | 0.239767 | 0.252333 |
| Camarilla | 0.183228 | 0.186518 | 0.189809 | 0.193100 | 0.196391 | 0.199682 | 0.202973 |
| Woodie | 0.139250 | 0.165275 | 0.175150 | 0.201175 | 0.211050 | 0.237075 | 0.246950 |
| Fibonacci | 0.167967 | 0.181681 | 0.190153 | 0.203867 | 0.217581 | 0.226053 | 0.239767 |
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): | 65.77 | |
| MACD (12,26,9): | 0.0073 | |
| Directional Movement: | 34.881760 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.601932 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.576642 | |
| Elder Ray (13): | 0.028830 | |
| Super Trend (3,10): | 0.570361 | |
| Zig ZAG (10): | 0.637100 | |
| VORTEX (21): | 1.1175 | |
| Stochastique (14,3,5): | 55.51 | |
| TEMA (21): | 0.609647 | |
| Williams %R (14): | -17.54 | |
| Chande Momentum Oscillator (20): | 0.061100 | |
| Repulse (5,40,3): | 6.7624 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0858 | |
| Courbe Coppock: | 7.28 |
| MA7: | 0.573500 | |
| MA20: | 0.371345 | |
| MA50: | 0.268348 | |
| MA100: | 0.237067 | |
| MAexp7: | 0.610677 | |
| MAexp20: | 0.592947 | |
| MAexp50: | 0.583843 | |
| MAexp100: | 0.561879 | |
| Price / MA7: | +12.99% | |
| Price / MA20: | +74.50% | |
| Price / MA50: | +141.48% | |
| Price / MA100: | +173.34% | |
| Price / MAexp7: | +6.11% | |
| Price / MAexp20: | +9.28% | |
| Price / MAexp50: | +10.99% | |
| Price / MAexp100: | +15.33% |
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.
About author
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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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