MAKER - MKR/USDT - 15 min. - Technical analysis published on 05/06/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 714.38 USDT
My targets
698.03 USDT (-1.83%)
670.34 USDT (-5.72%)
My analysis
In the short term, we can see an acceleration in the bearish trend on MAKER - MKR/USDT, which is a positive signal for sellers. As long as the price remains above 714.38 USDT, a sale could be considered. The first bearish objective is located at 698.03 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 670.34 USDT as an objective. Crossing it would then enable sellers to target 653.99 USDT. If the price were to return above 714.38 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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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 711.05 USDT. The price registered a decrease of -2.02% on the session and was traded between 708.06 USDT and 733.69 USDT over the period. The price is currently at +0.42% from its lowest and -3.09% from its highest.708.06
733.69
711.05
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MAKER - MKR/USDT:
Technical
A technical analysis in 15 min. of this MAKER - MKR/USDT chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Grip top and dark cloud cover
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 675.85 | 696.90 | 704.65 | 711.05 | 715.31 | 730.74 | 800.91 |
| Change (%) | -4.95% | -1.99% | -0.90% | - | +0.60% | +2.77% | +12.64% |
| Change | -35.20 | -14.15 | -6.40 | - | +4.26 | +19.69 | +89.86 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | 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 | 653.99 | 670.34 | 698.03 | 714.38 | 742.07 | 758.42 | 786.11 |
| Camarilla | 713.60 | 717.64 | 721.67 | 725.71 | 729.75 | 733.78 | 737.82 |
| Woodie | 659.65 | 673.18 | 703.69 | 717.22 | 747.73 | 761.26 | 791.77 |
| Fibonacci | 670.34 | 687.17 | 697.56 | 714.38 | 731.21 | 741.60 | 758.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 600.06 | 627.88 | 668.07 | 695.89 | 736.08 | 763.90 | 804.09 |
| Camarilla | 689.55 | 695.78 | 702.02 | 708.25 | 714.48 | 720.72 | 726.95 |
| Woodie | 606.24 | 630.97 | 674.25 | 698.98 | 742.26 | 766.99 | 810.27 |
| Fibonacci | 627.88 | 653.86 | 669.91 | 695.89 | 721.87 | 737.92 | 763.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 462.57 | 558.52 | 625.78 | 721.73 | 788.99 | 884.94 | 952.20 |
| Camarilla | 648.15 | 663.11 | 678.07 | 693.03 | 707.99 | 722.95 | 737.91 |
| Woodie | 448.22 | 551.35 | 611.43 | 714.56 | 774.64 | 877.77 | 937.85 |
| Fibonacci | 558.52 | 620.87 | 659.39 | 721.73 | 784.08 | 822.60 | 884.94 |
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): | 32.72 | |
| MACD (12,26,9): | -2.4200 | |
| Directional Movement: | -17.02 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 712.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 714.77 | |
| Elder Ray (13): | -2.18 | |
| Super Trend (3,10): | 718.92 | |
| Zig ZAG (10): | 712.69 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 30.52 | |
| TEMA (21): | 711.49 | |
| Williams %R (14): | -65.56 | |
| Chande Momentum Oscillator (20): | -8.12 | |
| Repulse (5,40,3): | 0.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.46 |
| MA7: | 702.87 | |
| MA20: | 708.22 | |
| MA50: | 703.07 | |
| MA100: | 729.08 | |
| MAexp7: | 712.98 | |
| MAexp20: | 715.74 | |
| MAexp50: | 717.66 | |
| MAexp100: | 714.54 | |
| Price / MA7: | +1.16% | |
| Price / MA20: | +0.40% | |
| Price / MA50: | +1.14% | |
| Price / MA100: | -2.47% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -0.66% | |
| Price / MAexp50: | -0.92% | |
| Price / MAexp100: | -0.49% |
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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