TETHER - USDT/USD - 1H - Technical analysis published on 01/13/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
33%
11%
56%
My opinion
Bearish under 0.999900 USD
My targets
0.999450 USD (-0.04%)
0.998900 USD (-0.09%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on TETHER - USDT/USD as long as the price remains well below 0.999900 USD. The next bearish objective for sellers is set at 0.999450 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 0.998900 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.1
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 rating is 0.999800 USD. The price is lower by -0.02% since the last closing with the lowest point at 0.999800 USD and the highest point at 1.000000 USD. The deviation from the price is 0% for the low point and -0.02% for the high point.0.999800
1.000000
0.999800
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
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this TETHER - USDT/USD chart shows a 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. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 10 are neutral and 2 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.999450 | 0.999700 | 0.999800 | 0.999800 | 0.999900 | 1.000000 | 1.001000 |
| Change (%) | -0.04% | -0.01% | 0% | - | +0.01% | +0.02% | +0.12% |
| Change | -0.000350 | -0.000100 | 0 | - | +0.000100 | +0.000200 | +0.001200 |
| Level | Major | Major | Intermediate | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.999500 | 0.999600 | 0.999800 | 0.999900 | 1.000100 | 1.000200 | 1.000400 |
| Camarilla | 0.999918 | 0.999945 | 0.999973 | 1.000000 | 1.000028 | 1.000055 | 1.000083 |
| Woodie | 0.999550 | 0.999625 | 0.999850 | 0.999925 | 1.000150 | 1.000225 | 1.000450 |
| Fibonacci | 0.999600 | 0.999715 | 0.999785 | 0.999900 | 1.000015 | 1.000085 | 1.000200 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.998933 | 0.999167 | 0.999533 | 0.999767 | 1.000133 | 1.000367 | 1.000733 |
| Camarilla | 0.999735 | 0.999790 | 0.999845 | 0.999900 | 0.999955 | 1.000010 | 1.000065 |
| Woodie | 0.999000 | 0.999200 | 0.999600 | 0.999800 | 1.000200 | 1.000400 | 1.000800 |
| Fibonacci | 0.999167 | 0.999396 | 0.999538 | 0.999767 | 0.999996 | 1.000138 | 1.000367 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.997533 | 0.998467 | 0.999133 | 1.000067 | 1.000733 | 1.001667 | 1.002333 |
| Camarilla | 0.999360 | 0.999507 | 0.999653 | 0.999800 | 0.999947 | 1.000093 | 1.000240 |
| Woodie | 0.997400 | 0.998400 | 0.999000 | 1.000000 | 1.000600 | 1.001600 | 1.002200 |
| Fibonacci | 0.998467 | 0.999078 | 0.999456 | 1.000067 | 1.000678 | 1.001056 | 1.001667 |
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): | 44.91 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -9.324667 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.999961 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.999811 | |
| Elder Ray (13): | -0.000012 | |
| Super Trend (3,10): | 1.000040 | |
| Zig ZAG (10): | 1.000000 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 33.33 | |
| TEMA (21): | 0.999983 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.000000 | |
| Repulse (5,40,3): | 0.0088 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0002 | |
| Courbe Coppock: | 0.00 |
| MA7: | 0.999957 | |
| MA20: | 0.999825 | |
| MA50: | 0.999866 | |
| MA100: | 0.999776 | |
| MAexp7: | 0.999947 | |
| MAexp20: | 0.999954 | |
| MAexp50: | 0.999944 | |
| MAexp100: | 0.999929 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | +0.00% | |
| Price / MA50: | -0.01% | |
| Price / MA100: | +0.00% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | -0.01% |
Quotes :
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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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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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