TETHER - USDT/USD - Daily - Technical analysis published on 11/14/2022 (GMT)
- 230
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 1.010000 USD
My targets
-
My analysis
There is a bearish trend on TETHER - USDT/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.010000 USD. Each support break is a strong signal that the current trend will continue. Be careful, a return to above the resistance 1.010000 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.5
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
The TETHER - USDT/USD price is 0.998600 USD. The price is lower by -0.01% since the last closing and was between 0.998600 USD and 0.998800 USD. This implies that the price is at 0% from its lowest and at -0.02% from its highest.0.998600
0.998800
0.998600
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TETHER - USDT/USD:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on TETHER - USDT/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of TETHER - USDT/USD in Daily shows an overall bearish trend. The signals given by moving averages are at 64.29% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
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 horizontal resistance
Type : Bearish
Timeframe : Daily
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 : Daily
ProTrendLines
R1
R2
Price
| Price | R1 | R2 | |
|---|---|---|---|
| ProTrendLines | 0.998600 | 1.000000 | 1.010000 |
| Change (%) | - | +0.14% | +1.14% |
| Change | - | +0.001400 | +0.011400 |
| Level | - | Intermediate | Intermediate |
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 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Camarilla | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Woodie | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Fibonacci | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.896667 | 0.933333 | 0.966667 | 1.003333 | 1.036667 | 1.073333 | 1.106667 |
| Camarilla | 0.980750 | 0.987167 | 0.993583 | 1.000000 | 1.006417 | 1.012833 | 1.019250 |
| Woodie | 0.895000 | 0.932500 | 0.965000 | 1.002500 | 1.035000 | 1.072500 | 1.105000 |
| Fibonacci | 0.933333 | 0.960073 | 0.976593 | 1.003333 | 1.030073 | 1.046593 | 1.073333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Camarilla | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Woodie | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
| Fibonacci | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 | 1.000000 |
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): | 42.27 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 44.380000 | |
| AROON (14): | 0 | |
| DEMA (21): | 1.000000 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.040000 | |
| Elder Ray (13): | -0 | |
| Super Trend (3,10): | 1.010000 | |
| Zig ZAG (10): | 1.000000 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 36.41 | |
| TEMA (21): | 1.000000 | |
| Williams %R (14): | -63.59 | |
| Chande Momentum Oscillator (20): | 0.000000 | |
| Repulse (5,40,3): | -0.4200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.13 |
| MA7: | 1.000000 | |
| MA20: | 1.000000 | |
| MA50: | 1.000000 | |
| MA100: | 1.000000 | |
| MAexp7: | 1.000000 | |
| MAexp20: | 1.000000 | |
| MAexp50: | 1.000000 | |
| MAexp100: | 1.000000 | |
| Price / MA7: | -0.14% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | -0.14% | |
| Price / MA100: | -0.14% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.14% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis TETHER - USDT/USD - Daily