QTUM - QTUM/USD - 1H - Technical analysis published on 01/14/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.83 USD
My targets
2.05 USD (+5.82%)
2.15 USD (+10.98%)
My analysis
The bullish trend is currently very strong on QTUM - QTUM/USD. As long as the price remains above the support at 1.83 USD, you could try to benefit from the boom. The first bullish objective is located at 2.05 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.15 USD as an objective. Crossing it would then enable buyers to target 2.30 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The QTUM - QTUM/USD rating is 1.94 USD. The price has increased by +14.79% since the last closing and was between 1.69 USD and 1.95 USD. This implies that the price is at +14.79% from its lowest and at -0.51% from its highest.1.69
1.95
1.94
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of QTUM - QTUM/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1.78 | 1.80 | 1.82 | 1.94 | 2.30 | 3.10 | 5.01 |
| Change (%) | -8.25% | -7.22% | -6.19% | - | +18.56% | +59.79% | +158.25% |
| Change | -0.16 | -0.14 | -0.12 | - | +0.36 | +1.16 | +3.07 |
| Level | Major | Minor | Minor | - | Major | Minor | Minor |
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 | 1.55 | 1.60 | 1.65 | 1.70 | 1.75 | 1.80 | 1.85 |
| Camarilla | 1.66 | 1.67 | 1.68 | 1.69 | 1.70 | 1.71 | 1.72 |
| Woodie | 1.54 | 1.60 | 1.64 | 1.70 | 1.74 | 1.80 | 1.84 |
| Fibonacci | 1.60 | 1.64 | 1.67 | 1.70 | 1.74 | 1.77 | 1.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.39 | 1.50 | 1.61 | 1.72 | 1.83 | 1.94 | 2.05 |
| Camarilla | 1.67 | 1.69 | 1.71 | 1.73 | 1.75 | 1.77 | 1.79 |
| Woodie | 1.40 | 1.50 | 1.62 | 1.72 | 1.84 | 1.94 | 2.06 |
| Fibonacci | 1.50 | 1.58 | 1.63 | 1.72 | 1.80 | 1.85 | 1.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.94 | 1.21 | 1.41 | 1.68 | 1.88 | 2.15 | 2.35 |
| Camarilla | 1.47 | 1.51 | 1.56 | 1.60 | 1.64 | 1.69 | 1.73 |
| Woodie | 0.90 | 1.19 | 1.37 | 1.66 | 1.84 | 2.13 | 2.31 |
| Fibonacci | 1.21 | 1.39 | 1.50 | 1.68 | 1.86 | 1.97 | 2.15 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 83.84 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 25.45 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 1.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.76 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 1.77 | |
| Zig ZAG (10): | 1.91 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 93.80 | |
| TEMA (21): | 1.87 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.17 | |
| Repulse (5,40,3): | 5.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 11.37 |
| MA7: | 1.73 | |
| MA20: | 1.67 | |
| MA50: | 1.70 | |
| MA100: | 1.82 | |
| MAexp7: | 1.85 | |
| MAexp20: | 1.78 | |
| MAexp50: | 1.75 | |
| MAexp100: | 1.73 | |
| Price / MA7: | +12.14% | |
| Price / MA20: | +16.17% | |
| Price / MA50: | +14.12% | |
| Price / MA100: | +6.59% | |
| Price / MAexp7: | +4.86% | |
| Price / MAexp20: | +8.99% | |
| Price / MAexp50: | +10.86% | |
| Price / MAexp100: | +12.14% |
This member declared not having a position on this financial instrument or a related financial instrument.
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