SWFTCOIN - SWFTC/USD - 1H - Technical analysis published on 07/20/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.004326 USD
My targets
0.004496 USD (+3.21%)
0.004593 USD (+5.44%)
My analysis
A bullish trend on SWFTCOIN - SWFTC/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.004326 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.004496 USD. Then the price could move towards 0.004593 USD. Then 0.004999 USD by extension. Be careful, a return below 0.004326 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SWFTCOIN - SWFTC/USD rating is 0.004356 USD. On the day, this instrument lost -0.21% and was traded between 0.004306 USD and 0.004398 USD over the period. The price is currently at +1.16% from its lowest and -0.95% from its highest.0.004306
0.004398
0.004356
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this SWFTCOIN - SWFTC/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.003743 | 0.004109 | 0.004326 | 0.004356 | 0.004496 | 0.004593 | 0.004999 |
| Change (%) | -14.07% | -5.67% | -0.69% | - | +3.21% | +5.44% | +14.76% |
| Change | -0.000613 | -0.000247 | -0.000030 | - | +0.000140 | +0.000237 | +0.000643 |
| Level | Intermediate | Intermediate | Major | - | Minor | Intermediate | 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 | 0.003949 | 0.004052 | 0.004208 | 0.004311 | 0.004467 | 0.004570 | 0.004726 |
| Camarilla | 0.004294 | 0.004318 | 0.004341 | 0.004365 | 0.004389 | 0.004413 | 0.004436 |
| Woodie | 0.003977 | 0.004065 | 0.004236 | 0.004324 | 0.004495 | 0.004583 | 0.004754 |
| Fibonacci | 0.004052 | 0.004151 | 0.004212 | 0.004311 | 0.004410 | 0.004471 | 0.004570 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002303 | 0.003002 | 0.003602 | 0.004301 | 0.004901 | 0.005600 | 0.006200 |
| Camarilla | 0.003846 | 0.003965 | 0.004084 | 0.004203 | 0.004322 | 0.004441 | 0.004560 |
| Woodie | 0.002255 | 0.002977 | 0.003554 | 0.004276 | 0.004853 | 0.005575 | 0.006152 |
| Fibonacci | 0.003002 | 0.003498 | 0.003804 | 0.004301 | 0.004797 | 0.005103 | 0.005600 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000516 | 0.002517 | 0.003877 | 0.005878 | 0.007238 | 0.009239 | 0.010599 |
| Camarilla | 0.004312 | 0.004620 | 0.004928 | 0.005236 | 0.005544 | 0.005852 | 0.006160 |
| Woodie | 0.000195 | 0.002357 | 0.003556 | 0.005718 | 0.006917 | 0.009079 | 0.010278 |
| Fibonacci | 0.002517 | 0.003801 | 0.004594 | 0.005878 | 0.007162 | 0.007955 | 0.009239 |
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): | 51.74 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.939921 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.004351 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.004391 | |
| Elder Ray (13): | 0.000007 | |
| Super Trend (3,10): | 0.004250 | |
| Zig ZAG (10): | 0.004327 | |
| VORTEX (21): | 0.9691 | |
| Stochastique (14,3,5): | 18.38 | |
| TEMA (21): | 0.004347 | |
| Williams %R (14): | -77.17 | |
| Chande Momentum Oscillator (20): | -0.000035 | |
| Repulse (5,40,3): | -1.5311 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0869 | |
| Courbe Coppock: | 0.76 |
| MA7: | 0.004362 | |
| MA20: | 0.004360 | |
| MA50: | 0.005059 | |
| MA100: | 0.004921 | |
| MAexp7: | 0.004331 | |
| MAexp20: | 0.004328 | |
| MAexp50: | 0.004303 | |
| MAexp100: | 0.004301 | |
| Price / MA7: | -0.14% | |
| Price / MA20: | -0.09% | |
| Price / MA50: | -13.90% | |
| Price / MA100: | -11.48% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | +0.65% | |
| Price / MAexp50: | +1.23% | |
| Price / MAexp100: | +1.28% |
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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