CASPER - CSPR/USD - Daily - Technical analysis published on 12/22/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
22%
11%
My opinion
Bullish above 0.041571 USD
My targets
0.047653 USD (+9.95%)
0.050108 USD (+15.61%)
My analysis
CASPER NETWORK - CSPR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.041571 USD. The next resistance located at 0.047653 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.050108 USD. After this resistance, buyers could then target 0.062710 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
7.5
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Additional analysis
Quotes
The CASPER NETWORK - CSPR/USD price is 0.043342 USD. The price registered an increase of +2.74% on the session and was between 0.042022 USD and 0.043601 USD. This implies that the price is at +3.14% from its lowest and at -0.59% from its highest.0.042022
0.043601
0.043342
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of CASPER NETWORK - CSPR/USD in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
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.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
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 horizontal resistance
Type : Bearish
Timeframe : Daily
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 | 0.038978 | 0.041571 | 0.042845 | 0.043342 | 0.044098 | 0.062710 | 0.101860 |
Change (%) | -10.07% | -4.09% | -1.15% | - | +1.74% | +44.69% | +135.01% |
Change | -0.004364 | -0.001771 | -0.000497 | - | +0.000756 | +0.019368 | +0.058518 |
Level | Major | Major | Intermediate | - | Major | 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 | 0.037624 | 0.038920 | 0.040554 | 0.041850 | 0.043484 | 0.044780 | 0.046414 |
Camarilla | 0.041382 | 0.041651 | 0.041919 | 0.042188 | 0.042457 | 0.042725 | 0.042994 |
Woodie | 0.037793 | 0.039005 | 0.040723 | 0.041935 | 0.043653 | 0.044865 | 0.046583 |
Fibonacci | 0.038920 | 0.040039 | 0.040731 | 0.041850 | 0.042969 | 0.043661 | 0.044780 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.034472 | 0.037447 | 0.039684 | 0.042659 | 0.044896 | 0.047871 | 0.050108 |
Camarilla | 0.040487 | 0.040965 | 0.041442 | 0.041920 | 0.042398 | 0.042876 | 0.043353 |
Woodie | 0.034102 | 0.037263 | 0.039314 | 0.042475 | 0.044526 | 0.047687 | 0.049738 |
Fibonacci | 0.037447 | 0.039438 | 0.040668 | 0.042659 | 0.044650 | 0.045880 | 0.047871 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.022108 | 0.026677 | 0.030623 | 0.035192 | 0.039138 | 0.043707 | 0.047653 |
Camarilla | 0.032228 | 0.033009 | 0.033790 | 0.034570 | 0.035351 | 0.036131 | 0.036912 |
Woodie | 0.021798 | 0.026521 | 0.030313 | 0.035036 | 0.038828 | 0.043551 | 0.047343 |
Fibonacci | 0.026677 | 0.029929 | 0.031939 | 0.035192 | 0.038444 | 0.040454 | 0.043707 |
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): | 60.56 | |
MACD (12,26,9): | 0.0013 | |
Directional Movement: | 14.852285 | |
AROON (14): | -57.142857 | |
DEMA (21): | 0.042376 | |
Parabolic SAR (0,02-0,02-0,2): | 0.047120 | |
Elder Ray (13): | 0.001333 | |
Super Trend (3,10): | 0.033719 | |
Zig ZAG (10): | 0.042746 | |
VORTEX (21): | 1.1064 | |
Stochastique (14,3,5): | 50.94 | |
TEMA (21): | 0.042490 | |
Williams %R (14): | -35.30 | |
Chande Momentum Oscillator (20): | -0.000802 | |
Repulse (5,40,3): | 4.0775 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.6295 | |
Courbe Coppock: | 2.74 |
MA7: | 0.041180 | |
MA20: | 0.041418 | |
MA50: | 0.037595 | |
MA100: | 0.034901 | |
MAexp7: | 0.041637 | |
MAexp20: | 0.040510 | |
MAexp50: | 0.038148 | |
MAexp100: | 0.037033 | |
Price / MA7: | +5.25% | |
Price / MA20: | +4.65% | |
Price / MA50: | +15.29% | |
Price / MA100: | +24.19% | |
Price / MAexp7: | +4.09% | |
Price / MAexp20: | +6.99% | |
Price / MAexp50: | +13.62% | |
Price / MAexp100: | +17.04% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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