TETHER - USDT/USD - 1H - Technical analysis published on 07/11/2022 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
22%
56%
My opinion
Neutral between 0.999200 USD and 0.999833 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 0.999200 USD. The first resistance is located at 0.999833 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by TETHER - USDT/USD.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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:
Additional analysis
Quotes
TETHER - USDT/USD rating 0.999400 USD. The price is lower by -0.01% since the last closing and was traded between 0.999200 USD and 0.999500 USD over the period. The price is currently at +0.02% from its lowest and -0.01% from its highest.0.999200
0.999500
0.999400
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this TETHER - USDT/USD chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 10 are neutral and 4 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.999000 | 0.999200 | 0.999300 | 0.999400 | 0.999500 |
| Change (%) | -0.04% | -0.02% | -0.01% | - | +0.01% |
| Change | -0.000400 | -0.000200 | -0.000100 | - | +0.000100 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.999033 | 0.999167 | 0.999333 | 0.999467 | 0.999633 | 0.999767 | 0.999933 |
| Camarilla | 0.999418 | 0.999445 | 0.999473 | 0.999500 | 0.999528 | 0.999555 | 0.999583 |
| Woodie | 0.999050 | 0.999175 | 0.999350 | 0.999475 | 0.999650 | 0.999775 | 0.999950 |
| Fibonacci | 0.999167 | 0.999281 | 0.999352 | 0.999467 | 0.999581 | 0.999652 | 0.999767 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.998033 | 0.998367 | 0.998933 | 0.999267 | 0.999833 | 1.000167 | 1.000733 |
| Camarilla | 0.999253 | 0.999335 | 0.999418 | 0.999500 | 0.999583 | 0.999665 | 0.999748 |
| Woodie | 0.998150 | 0.998425 | 0.999050 | 0.999325 | 0.999950 | 1.000225 | 1.000850 |
| Fibonacci | 0.998367 | 0.998711 | 0.998923 | 0.999267 | 0.999611 | 0.999823 | 1.000167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.994600 | 0.996300 | 0.997600 | 0.999300 | 1.000600 | 1.002300 | 1.003600 |
| Camarilla | 0.998075 | 0.998350 | 0.998625 | 0.998900 | 0.999175 | 0.999450 | 0.999725 |
| Woodie | 0.994400 | 0.996200 | 0.997400 | 0.999200 | 1.000400 | 1.002200 | 1.003400 |
| Fibonacci | 0.996300 | 0.997446 | 0.998154 | 0.999300 | 1.000446 | 1.001154 | 1.002300 |
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): | 46.94 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -5.735638 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.999402 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.999554 | |
| Elder Ray (13): | -0.000062 | |
| Super Trend (3,10): | 0.999274 | |
| Zig ZAG (10): | 0.999400 | |
| VORTEX (21): | 0.9583 | |
| Stochastique (14,3,5): | 50.00 | |
| TEMA (21): | 0.999382 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -0.000100 | |
| Repulse (5,40,3): | 0.0101 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0002 | |
| Courbe Coppock: | 0.01 |
| MA7: | 0.999314 | |
| MA20: | 0.999150 | |
| MA50: | 0.999148 | |
| MA100: | 0.999381 | |
| MAexp7: | 0.999399 | |
| MAexp20: | 0.999423 | |
| MAexp50: | 0.999423 | |
| MAexp100: | 0.999355 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +0.03% | |
| Price / MA50: | +0.03% | |
| Price / MA100: | +0.00% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | +0.00% |
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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