MAKER - MKR/USDT - 15 min. - Technical analysis published on 02/15/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 747.47 USDT
My targets
720.85 USDT (-1.22%)
702.33 USDT (-3.76%)
My analysis
MAKER - MKR/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 747.47 USDT. The next support located at 720.85 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 702.33 USDT. Below this support, sellers could then target 675.71 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by leron. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MAKER - MKR/USDT rating is 729.78 USDT. The price registered a decrease of -1.30% on the session and was traded between 728.55 USDT and 742.65 USDT over the period. The price is currently at +0.17% from its lowest and -1.73% from its highest.728.55
742.65
729.78
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Technical
Technical analysis of MAKER - MKR/USDT in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
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.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
Bearish harami cross
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 674.62 | 697.80 | 714.18 | 729.78 | 733.07 | 779.47 | 818.04 |
| Change (%) | -7.56% | -4.38% | -2.14% | - | +0.45% | +6.81% | +12.09% |
| Change | -55.16 | -31.98 | -15.60 | - | +3.29 | +49.69 | +88.26 |
| Level | Minor | Minor | Intermediate | - | Major | Major | 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 | 675.71 | 702.33 | 720.85 | 747.47 | 765.99 | 792.61 | 811.13 |
| Camarilla | 726.95 | 731.08 | 735.22 | 739.36 | 743.50 | 747.64 | 751.77 |
| Woodie | 671.65 | 700.31 | 716.79 | 745.45 | 761.93 | 790.59 | 807.07 |
| Fibonacci | 702.33 | 719.58 | 730.23 | 747.47 | 764.72 | 775.37 | 792.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 519.50 | 598.21 | 660.62 | 739.33 | 801.74 | 880.45 | 942.86 |
| Camarilla | 684.22 | 697.16 | 710.09 | 723.03 | 735.97 | 748.90 | 761.84 |
| Woodie | 511.35 | 594.14 | 652.47 | 735.26 | 793.59 | 876.38 | 934.71 |
| Fibonacci | 598.21 | 652.12 | 685.42 | 739.33 | 793.24 | 826.54 | 880.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 283.29 | 392.79 | 524.21 | 633.71 | 765.13 | 874.63 | 1,006.05 |
| Camarilla | 589.39 | 611.47 | 633.56 | 655.64 | 677.72 | 699.81 | 721.89 |
| Woodie | 294.26 | 398.27 | 535.18 | 639.19 | 776.10 | 880.11 | 1,017.02 |
| Fibonacci | 392.79 | 484.82 | 541.68 | 633.71 | 725.74 | 782.60 | 874.63 |
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): | 40.58 | |
| MACD (12,26,9): | -2.4600 | |
| Directional Movement: | -6.44 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 730.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 736.50 | |
| Elder Ray (13): | -2.00 | |
| Super Trend (3,10): | 739.13 | |
| Zig ZAG (10): | 730.60 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 25.86 | |
| TEMA (21): | 730.59 | |
| Williams %R (14): | -58.39 | |
| Chande Momentum Oscillator (20): | -2.32 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 0.88 |
| MA7: | 724.18 | |
| MA20: | 702.84 | |
| MA50: | 650.30 | |
| MA100: | 639.93 | |
| MAexp7: | 731.30 | |
| MAexp20: | 733.68 | |
| MAexp50: | 738.37 | |
| MAexp100: | 740.21 | |
| Price / MA7: | +0.77% | |
| Price / MA20: | +3.83% | |
| Price / MA50: | +12.22% | |
| Price / MA100: | +14.04% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | -0.53% | |
| Price / MAexp50: | -1.16% | |
| Price / MAexp100: | -1.41% |
Quotes :
-
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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