GNOSIS - GNO/USD - 1H - Technical analysis published on 08/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
28%
50%
My opinion
Bearish under 170.75 USD
My targets
165.37 USD (-1.79%)
158.98 USD (-5.58%)
My analysis
GNOSIS - GNO/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 170.75 USD. The next support located at 165.37 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 158.98 USD. Below this support, sellers could then target 122.87 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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Additional analysis
Quotes
The GNOSIS - GNO/USD price is 168.38 USD. The price registered a decrease of -0.13% on the session with the lowest point at 168.24 USD and the highest point at 169.90 USD. The deviation from the price is +0.08% for the low point and -0.89% for the high point.168.24
169.90
168.38
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of GNOSIS - GNO/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 9 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 122.87 | 158.98 | 165.37 | 168.38 | 168.60 | 170.75 | 177.14 |
Change (%) | -27.03% | -5.58% | -1.79% | - | +0.13% | +1.41% | +5.20% |
Change | -45.51 | -9.40 | -3.01 | - | +0.22 | +2.37 | +8.76 |
Level | Major | Minor | Major | - | Intermediate | 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 | 160.47 | 162.97 | 165.79 | 168.29 | 171.11 | 173.61 | 176.43 |
Camarilla | 167.14 | 167.63 | 168.11 | 168.60 | 169.09 | 169.58 | 170.06 |
Woodie | 160.62 | 163.05 | 165.94 | 168.37 | 171.26 | 173.69 | 176.58 |
Fibonacci | 162.97 | 165.01 | 166.26 | 168.29 | 170.33 | 171.58 | 173.61 |
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): | 47.09 | |
MACD (12,26,9): | -0.1800 | |
Directional Movement: | -2.40 | |
AROON (14): | 35.71 | |
DEMA (21): | 168.40 | |
Parabolic SAR (0,02-0,02-0,2): | 167.18 | |
Elder Ray (13): | -0.31 | |
Super Trend (3,10): | 171.58 | |
Zig ZAG (10): | 168.39 | |
VORTEX (21): | 0.9900 | |
Stochastique (14,3,5): | 56.16 | |
TEMA (21): | 169.01 | |
Williams %R (14): | -43.24 | |
Chande Momentum Oscillator (20): | -0.37 | |
Repulse (5,40,3): | -0.6300 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0200 | |
Courbe Coppock: | 1.39 |
MA7: | 172.78 | |
MA20: | 175.16 | |
MA50: | 223.36 | |
MA100: | 271.97 | |
MAexp7: | 168.65 | |
MAexp20: | 168.78 | |
MAexp50: | 170.02 | |
MAexp100: | 171.05 | |
Price / MA7: | -2.55% | |
Price / MA20: | -3.87% | |
Price / MA50: | -24.61% | |
Price / MA100: | -38.09% | |
Price / MAexp7: | -0.16% | |
Price / MAexp20: | -0.24% | |
Price / MAexp50: | -0.96% | |
Price / MAexp100: | -1.56% |
Quotes :
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Real time data
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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…
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