QTUM - QTUM/USD - 1H - Technical analysis published on 03/12/2023 (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:
Slightly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 2.74 USD
My targets
3.02 USD (+9.42%)
3.29 USD (+19.20%)
My analysis
The basic trend is currently slightly bullish on QTUM - QTUM/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 2.74 USD, purchases could be favourable. The first bullish objective would be the resistance located at 3.02 USD. Then the price could move towards 3.29 USD. Then 3.52 USD by extension. A return under the support to 2.74 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
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
5
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Additional analysis
Quotes
The QTUM - QTUM/USD rating is 2.76 USD. On the day, this instrument gained +8.24% and was between 2.48 USD and 2.82 USD. This implies that the price is at +11.29% from its lowest and at -2.13% from its highest.2.48
2.82
2.76
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
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 slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.98 | 2.45 | 2.62 | 2.76 | 3.02 | 3.29 | 3.52 |
| Change (%) | -28.26% | -11.23% | -5.07% | - | +9.42% | +19.20% | +27.54% |
| Change | -0.78 | -0.31 | -0.14 | - | +0.26 | +0.53 | +0.76 |
| Level | Intermediate | Major | Intermediate | - | Major | Intermediate | Major |
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 | 2.05 | 2.22 | 2.38 | 2.55 | 2.71 | 2.88 | 3.04 |
| Camarilla | 2.46 | 2.49 | 2.52 | 2.55 | 2.58 | 2.61 | 2.64 |
| Woodie | 2.06 | 2.22 | 2.39 | 2.55 | 2.72 | 2.88 | 3.05 |
| Fibonacci | 2.22 | 2.34 | 2.42 | 2.55 | 2.67 | 2.75 | 2.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.28 | 1.83 | 2.19 | 2.74 | 3.10 | 3.65 | 4.01 |
| Camarilla | 2.30 | 2.38 | 2.47 | 2.55 | 2.63 | 2.72 | 2.80 |
| Woodie | 1.19 | 1.78 | 2.10 | 2.69 | 3.01 | 3.60 | 3.92 |
| Fibonacci | 1.83 | 2.18 | 2.39 | 2.74 | 3.09 | 3.30 | 3.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.19 | 0.93 | 2.08 | 3.20 | 4.35 | 5.47 | 6.62 |
| Camarilla | 2.62 | 2.82 | 3.03 | 3.24 | 3.45 | 3.66 | 3.86 |
| Woodie | -0.17 | 0.94 | 2.11 | 3.21 | 4.38 | 5.48 | 6.65 |
| Fibonacci | 0.93 | 1.79 | 2.33 | 3.20 | 4.06 | 4.60 | 5.47 |
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): | 55.30 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 11.02 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 2.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.49 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 2.73 | |
| Zig ZAG (10): | 2.59 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 50.68 | |
| TEMA (21): | 2.60 | |
| Williams %R (14): | -63.64 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | -5.7800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.98 |
| MA7: | 2.78 | |
| MA20: | 3.14 | |
| MA50: | 2.93 | |
| MA100: | 2.52 | |
| MAexp7: | 2.59 | |
| MAexp20: | 2.57 | |
| MAexp50: | 2.57 | |
| MAexp100: | 2.65 | |
| Price / MA7: | -0.72% | |
| Price / MA20: | -12.10% | |
| Price / MA50: | -5.80% | |
| Price / MA100: | +9.52% | |
| Price / MAexp7: | +6.56% | |
| Price / MAexp20: | +7.39% | |
| Price / MAexp50: | +7.39% | |
| Price / MAexp100: | +4.15% |
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.
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