SEI - SEI/USDT - Daily - Technical analysis published on 01/23/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 0.471659 USDT
My targets
0.650769 USDT (+6.98%)
0.783084 USDT (+28.74%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.471659 USDT remains possible. It is advisable to trade SEI - SEI/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.471659 USDT. The next bullish objective for buyers is set at 0.650769 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.783084 USDT. PS: if there is a bearish break in the support located at 0.471659 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.1
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Additional analysis
Quotes
The SEI - SEI/USDT rating is 0.608284 USDT. The price registered an increase of +1.84% on the session and was between 0.587598 USDT and 0.615192 USDT. This implies that the price is at +3.52% from its lowest and at -1.12% from its highest.0.587598
0.615192
0.608284
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of SEI - SEI/USDT indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. 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: 4 are bullish, 8 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.233240 | 0.309292 | 0.385100 | 0.608284 | 0.650769 | 0.783084 |
| Change (%) | -61.66% | -49.15% | -36.69% | - | +6.98% | +28.74% |
| Change | -0.375044 | -0.298992 | -0.223184 | - | +0.042485 | +0.174800 |
| Level | Intermediate | Minor | Minor | - | Minor | Major |
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 | 0.491504 | 0.535051 | 0.566179 | 0.609726 | 0.640854 | 0.684401 | 0.715529 |
| Camarilla | 0.576770 | 0.583616 | 0.590461 | 0.597306 | 0.604151 | 0.610996 | 0.617842 |
| Woodie | 0.485294 | 0.531946 | 0.559969 | 0.606621 | 0.634644 | 0.681296 | 0.709319 |
| Fibonacci | 0.535051 | 0.563577 | 0.581201 | 0.609726 | 0.638252 | 0.655876 | 0.684401 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.381392 | 0.519201 | 0.597971 | 0.735780 | 0.814550 | 0.952359 | 1.031129 |
| Camarilla | 0.617183 | 0.637036 | 0.656889 | 0.676742 | 0.696595 | 0.716448 | 0.736301 |
| Woodie | 0.351874 | 0.504441 | 0.568453 | 0.721020 | 0.785032 | 0.937599 | 1.001611 |
| Fibonacci | 0.519201 | 0.601934 | 0.653047 | 0.735780 | 0.818513 | 0.869626 | 0.952359 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.107599 | 0.056010 | 0.308050 | 0.471659 | 0.723699 | 0.887308 | 1.139348 |
| Camarilla | 0.445788 | 0.483889 | 0.521990 | 0.560091 | 0.598192 | 0.636293 | 0.674395 |
| Woodie | -0.063383 | 0.078118 | 0.352267 | 0.493767 | 0.767916 | 0.909416 | 1.183565 |
| Fibonacci | 0.056010 | 0.214788 | 0.312881 | 0.471659 | 0.630437 | 0.728530 | 0.887308 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 46.85 | |
| MACD (12,26,9): | 0.0327 | |
| Directional Movement: | -2.455419 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.730609 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.857424 | |
| Elder Ray (13): | -0.078717 | |
| Super Trend (3,10): | 0.504563 | |
| Zig ZAG (10): | 0.605338 | |
| VORTEX (21): | 0.9499 | |
| Stochastique (14,3,5): | 12.80 | |
| TEMA (21): | 0.685575 | |
| Williams %R (14): | -90.98 | |
| Chande Momentum Oscillator (20): | -0.137381 | |
| Repulse (5,40,3): | -11.7527 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.6826 | |
| Courbe Coppock: | 8.35 |
| MA7: | 0.686182 | |
| MA20: | 0.709786 | |
| MA50: | 0.515379 | |
| MA100: | 0.334343 | |
| MAexp7: | 0.661320 | |
| MAexp20: | 0.668321 | |
| MAexp50: | 0.548516 | |
| MAexp100: | 0.412453 | |
| Price / MA7: | -11.35% | |
| Price / MA20: | -14.30% | |
| Price / MA50: | +18.03% | |
| Price / MA100: | +81.93% | |
| Price / MAexp7: | -8.02% | |
| Price / MAexp20: | -8.98% | |
| Price / MAexp50: | +10.90% | |
| Price / MAexp100: | +47.48% |
Quotes :
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Real time data
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