QTUM - QTUM/USD
QTUM - QTUM/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: QTUMUSD
ISIN:

QTUM - QTUM/USD - 1H - Technical analysis published on 11/22/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 2.07 USD
My targets
1.92 USD (-4.63%)
1.89 USD (-5.97%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 2.07 USD remains possible. It is advisable to trade QTUM - QTUM/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 2.07 USD. The next bearish objective for sellers is set at 1.92 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.89 USD. PS: if there is a bullish break in the resistance located at 2.07 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The QTUM - QTUM/USD price is 2.01 USD. The price registered an increase of +2.03% on the session with the lowest point at 1.97 USD and the highest point at 2.01 USD. The deviation from the price is +2.03% for the low point and 0% for the high point.

1.97
2.01
2.01

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by QTUM - QTUM/USD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this QTUM - QTUM/USD chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



On the 18 technical indicators analysed, 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 1.89 2.00 2.01 2.07 2.16 2.22
Change (%) -5.97% -0.50% - +2.99% +7.46% +10.45%
Change -0.12 -0.01 - +0.06 +0.15 +0.21
Level Major Major - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.781.851.911.982.042.112.17
Camarilla1.931.951.961.971.981.992.01
Woodie1.781.851.911.982.042.112.17
Fibonacci1.851.901.931.982.032.062.11


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.621.741.922.042.222.342.52
Camarilla2.012.042.062.092.122.152.17
Woodie1.641.761.942.062.242.362.54
Fibonacci1.741.861.932.042.162.232.34


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.992.222.552.783.113.343.67
Camarilla2.722.772.822.872.922.973.02
Woodie2.032.252.592.813.153.373.71
Fibonacci2.222.442.572.783.003.133.34

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): 48.35
MACD (12,26,9): -0.0200
Directional Movement: -6.34
AROON (14): -42.86
DEMA (21): 1.98
Parabolic SAR (0,02-0,02-0,2): 1.92
Elder Ray (13): 0.01
Super Trend (3,10): 2.08
Zig ZAG (10): 1.99
VORTEX (21): 1.0200
Stochastique (14,3,5): 50.00
TEMA (21): 1.98
Williams %R (14): -41.67
Chande Momentum Oscillator (20): -0.02
Repulse (5,40,3): 2.0400
ROCnROLL: 2
TRIX (15,9): -0.1300
Courbe Coppock: 0.95
MA7: 2.06
MA20: 2.34
MA50: 2.59
MA100: 2.88
MAexp7: 1.99
MAexp20: 2.00
MAexp50: 2.03
MAexp100: 2.05
Price / MA7: -2.43%
Price / MA20: -14.10%
Price / MA50: -22.39%
Price / MA100: -30.21%
Price / MAexp7: +1.01%
Price / MAexp20: +0.50%
Price / MAexp50: -0.99%
Price / MAexp100: -1.95%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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