GAS - GAS/USDT - 1H - Technical analysis published on 10/12/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 4.32 USDT
My targets
4.60 USDT (+1.10%)
4.73 USDT (+3.96%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GAS - GAS/USDT as long as the price remains well above 4.32 USDT. The buyers' bullish objective is set at 4.60 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.73 USDT. If there is any crossing, the next objective would be the resistance located at 4.97 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by Jaber300. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GAS - GAS/USDT price is 4.55 USDT. On the day, this instrument gained +0.89% and was traded between 4.45 USDT and 4.62 USDT over the period. The price is currently at +2.25% from its lowest and -1.52% from its highest.4.45
4.62
4.55
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GAS - GAS/USDT indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
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 support of channel
Type : Bullish
Timeframe : 1 hour
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 | 4.00 | 4.13 | 4.32 | 4.55 | 4.60 | 4.73 | 4.97 |
| Change (%) | -12.09% | -9.23% | -5.05% | - | +1.10% | +3.96% | +9.23% |
| Change | -0.55 | -0.42 | -0.23 | - | +0.05 | +0.18 | +0.42 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Intermediate |
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 | 3.85 | 4.07 | 4.29 | 4.51 | 4.73 | 4.95 | 5.17 |
| Camarilla | 4.39 | 4.43 | 4.47 | 4.51 | 4.55 | 4.59 | 4.63 |
| Woodie | 3.85 | 4.07 | 4.29 | 4.51 | 4.73 | 4.95 | 5.17 |
| Fibonacci | 4.07 | 4.24 | 4.34 | 4.51 | 4.68 | 4.78 | 4.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.54 | 3.00 | 3.40 | 3.86 | 4.26 | 4.72 | 5.12 |
| Camarilla | 3.55 | 3.63 | 3.71 | 3.79 | 3.87 | 3.95 | 4.03 |
| Woodie | 2.50 | 2.99 | 3.36 | 3.85 | 4.22 | 4.71 | 5.08 |
| Fibonacci | 3.00 | 3.33 | 3.54 | 3.86 | 4.19 | 4.40 | 4.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.55 | 2.23 | 3.12 | 3.80 | 4.69 | 5.37 | 6.26 |
| Camarilla | 3.59 | 3.73 | 3.88 | 4.02 | 4.16 | 4.31 | 4.45 |
| Woodie | 1.67 | 2.28 | 3.24 | 3.85 | 4.81 | 5.42 | 6.38 |
| Fibonacci | 2.23 | 2.83 | 3.20 | 3.80 | 4.40 | 4.77 | 5.37 |
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): | 56.39 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 23.25 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 4.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.34 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 4.31 | |
| Zig ZAG (10): | 4.49 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 68.83 | |
| TEMA (21): | 4.48 | |
| Williams %R (14): | -39.86 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | 0.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 1.68 |
| MA7: | 4.21 | |
| MA20: | 3.99 | |
| MA50: | 3.61 | |
| MA100: | 3.54 | |
| MAexp7: | 4.48 | |
| MAexp20: | 4.44 | |
| MAexp50: | 4.38 | |
| MAexp100: | 4.27 | |
| Price / MA7: | +8.08% | |
| Price / MA20: | +14.04% | |
| Price / MA50: | +26.04% | |
| Price / MA100: | +28.53% | |
| Price / MAexp7: | +1.56% | |
| Price / MAexp20: | +2.48% | |
| Price / MAexp50: | +3.88% | |
| Price / MAexp100: | +6.56% |
Quotes :
-
Real time data
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Cryptocompare
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