GNOSIS - GNO/USD - 1H - Technical analysis published on 08/12/2024 (GMT)
- 125
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - 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
83%
6%
11%
My opinion
Bullish above 170.43 USD
My targets
182.92 USD (+1.18%)
190.30 USD (+5.27%)
My analysis
GNOSIS - GNO/USD 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 170.43 USD. The next resistance located at 182.92 USD 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 190.30 USD. After this resistance, buyers could then target 201.21 USD. 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6
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
GNOSIS - GNO/USD rating 180.78 USD. The price registered an increase of +7.70% on the session and was between 166.08 USD and 182.36 USD. This implies that the price is at +8.85% from its lowest and at -0.87% from its highest.166.08
182.36
180.78
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of GNOSIS - GNO/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
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 : 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 | 150.55 | 157.98 | 168.56 | 180.78 | 182.92 | 190.30 | 201.21 |
Change (%) | -16.72% | -12.61% | -6.76% | - | +1.18% | +5.27% | +11.30% |
Change | -30.23 | -22.80 | -12.22 | - | +2.14 | +9.52 | +20.43 |
Level | Minor | Intermediate | Major | - | Intermediate | 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 | 153.87 | 160.38 | 164.12 | 170.63 | 174.37 | 180.88 | 184.62 |
Camarilla | 165.04 | 165.98 | 166.92 | 167.86 | 168.80 | 169.74 | 170.68 |
Woodie | 152.49 | 159.69 | 162.74 | 169.94 | 172.99 | 180.19 | 183.24 |
Fibonacci | 160.38 | 164.30 | 166.72 | 170.63 | 174.55 | 176.97 | 180.88 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 85.68 | 107.91 | 138.57 | 160.80 | 191.46 | 213.69 | 244.35 |
Camarilla | 154.69 | 159.53 | 164.38 | 169.23 | 174.08 | 178.93 | 183.78 |
Woodie | 89.90 | 110.02 | 142.79 | 162.91 | 195.68 | 215.80 | 248.57 |
Fibonacci | 107.91 | 128.11 | 140.60 | 160.80 | 181.00 | 193.49 | 213.69 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 78.40 | 139.37 | 170.43 | 231.40 | 262.46 | 323.43 | 354.49 |
Camarilla | 176.19 | 184.63 | 193.06 | 201.50 | 209.94 | 218.37 | 226.81 |
Woodie | 63.46 | 131.89 | 155.49 | 223.92 | 247.52 | 315.95 | 339.55 |
Fibonacci | 139.37 | 174.52 | 196.24 | 231.40 | 266.55 | 288.27 | 323.43 |
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): | 67.57 | |
MACD (12,26,9): | 2.5700 | |
Directional Movement: | 21.21 | |
AROON (14): | 92.86 | |
DEMA (21): | 178.32 | |
Parabolic SAR (0,02-0,02-0,2): | 176.82 | |
Elder Ray (13): | 3.51 | |
Super Trend (3,10): | 173.42 | |
Zig ZAG (10): | 180.33 | |
VORTEX (21): | 1.2900 | |
Stochastique (14,3,5): | 87.53 | |
TEMA (21): | 180.23 | |
Williams %R (14): | -13.22 | |
Chande Momentum Oscillator (20): | 7.15 | |
Repulse (5,40,3): | 1.3000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1500 | |
Courbe Coppock: | 11.34 |
MA7: | 164.12 | |
MA20: | 186.86 | |
MA50: | 234.92 | |
MA100: | 278.80 | |
MAexp7: | 178.63 | |
MAexp20: | 175.39 | |
MAexp50: | 172.43 | |
MAexp100: | 169.74 | |
Price / MA7: | +10.15% | |
Price / MA20: | -3.25% | |
Price / MA50: | -23.05% | |
Price / MA100: | -35.16% | |
Price / MAexp7: | +1.20% | |
Price / MAexp20: | +3.07% | |
Price / MAexp50: | +4.84% | |
Price / MAexp100: | +6.50% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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 GNOSIS - GNO/USD - 1H