TEZOS - XTZ/USDT - 15 min. - Technical analysis published on 03/05/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.42 USDT
My targets
1.49 USDT (+1.36%)
1.56 USDT (+6.12%)
My analysis
TEZOS - XTZ/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.42 USDT. The next resistance located at 1.49 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.56 USDT. After this resistance, buyers could then target 1.63 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.4
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This analysis was given by trader_57583. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TEZOS - XTZ/USDT rating 1.47 USDT. The price has increased by +3.52% since the last closing and was between 1.38 USDT and 1.49 USDT. This implies that the price is at +6.52% from its lowest and at -1.34% from its highest.1.38
1.49
1.47
Here is a more detailed summary of the historical variations registered by TEZOS - XTZ/USDT:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of TEZOS - XTZ/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
White hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.31 | 1.39 | 1.43 | 1.47 | 1.49 | 2.17 | 2.91 |
| Change (%) | -10.88% | -5.44% | -2.72% | - | +1.36% | +47.62% | +97.96% |
| Change | -0.16 | -0.08 | -0.04 | - | +0.02 | +0.70 | +1.44 |
| Level | Major | Intermediate | Intermediate | - | Minor | 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 | 1.21 | 1.28 | 1.35 | 1.42 | 1.49 | 1.56 | 1.63 |
| Camarilla | 1.38 | 1.39 | 1.41 | 1.42 | 1.43 | 1.45 | 1.46 |
| Woodie | 1.21 | 1.28 | 1.35 | 1.42 | 1.49 | 1.56 | 1.63 |
| Fibonacci | 1.28 | 1.33 | 1.37 | 1.42 | 1.47 | 1.51 | 1.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.85 | 0.96 | 1.20 | 1.31 | 1.55 | 1.66 | 1.90 |
| Camarilla | 1.33 | 1.37 | 1.40 | 1.43 | 1.46 | 1.49 | 1.53 |
| Woodie | 0.91 | 0.99 | 1.26 | 1.34 | 1.61 | 1.69 | 1.96 |
| Fibonacci | 0.96 | 1.10 | 1.18 | 1.31 | 1.45 | 1.53 | 1.66 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.66 | 0.80 | 1.02 | 1.16 | 1.38 | 1.52 | 1.74 |
| Camarilla | 1.14 | 1.17 | 1.21 | 1.24 | 1.27 | 1.31 | 1.34 |
| Woodie | 0.70 | 0.82 | 1.06 | 1.18 | 1.42 | 1.54 | 1.78 |
| Fibonacci | 0.80 | 0.94 | 1.02 | 1.16 | 1.30 | 1.38 | 1.52 |
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): | 70.05 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 25.21 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 1.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.43 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 1.43 | |
| Zig ZAG (10): | 1.47 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 87.62 | |
| TEMA (21): | 1.47 | |
| Williams %R (14): | -23.36 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | 0.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 6.81 |
| MA7: | 1.34 | |
| MA20: | 1.19 | |
| MA50: | 1.08 | |
| MA100: | 1.02 | |
| MAexp7: | 1.46 | |
| MAexp20: | 1.44 | |
| MAexp50: | 1.43 | |
| MAexp100: | 1.42 | |
| Price / MA7: | +9.70% | |
| Price / MA20: | +23.53% | |
| Price / MA50: | +36.11% | |
| Price / MA100: | +44.12% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | +2.08% | |
| Price / MAexp50: | +2.80% | |
| Price / MAexp100: | +3.52% |
Quotes :
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Real time data
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