SIACOIN - SC/USD - 1H - Technical analysis published on 01/18/2024 (GMT)
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- 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
44%
11%
44%
My opinion
Bullish above 0.010641 USD
My targets
0.011095 USD (+2.32%)
0.012000 USD (+10.67%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SIACOIN - SC/USD as long as the price remains well above 0.010641 USD. The buyers' bullish objective is set at 0.011095 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.012000 USD. If there is any crossing, the next objective would be the resistance located at 0.014159 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SIACOIN - SC/USD price is 0.010843 USD. The price registered a decrease of -0.03% on the session and was between 0.010695 USD and 0.010928 USD. This implies that the price is at +1.38% from its lowest and at -0.78% from its highest.0.010695
0.010928
0.010843
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on SIACOIN - SC/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of SIACOIN - SC/USD indicates that the overall trend is strongly bullish. 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 scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.008493 | 0.009355 | 0.010641 | 0.010843 | 0.011095 | 0.014159 | 0.024394 |
| Change (%) | -21.67% | -13.72% | -1.86% | - | +2.32% | +30.58% | +124.97% |
| Change | -0.002350 | -0.001488 | -0.000202 | - | +0.000252 | +0.003316 | +0.013551 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Minor |
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 | 0.009946 | 0.010225 | 0.010536 | 0.010815 | 0.011126 | 0.011405 | 0.011716 |
| Camarilla | 0.010684 | 0.010738 | 0.010792 | 0.010846 | 0.010900 | 0.010954 | 0.011008 |
| Woodie | 0.009961 | 0.010233 | 0.010551 | 0.010823 | 0.011141 | 0.011413 | 0.011731 |
| Fibonacci | 0.010225 | 0.010451 | 0.010590 | 0.010815 | 0.011041 | 0.011180 | 0.011405 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005505 | 0.006614 | 0.008198 | 0.009307 | 0.010891 | 0.012000 | 0.013584 |
| Camarilla | 0.009041 | 0.009288 | 0.009535 | 0.009782 | 0.010029 | 0.010276 | 0.010523 |
| Woodie | 0.005743 | 0.006733 | 0.008436 | 0.009426 | 0.011129 | 0.012119 | 0.013822 |
| Fibonacci | 0.006614 | 0.007643 | 0.008278 | 0.009307 | 0.010336 | 0.010971 | 0.012000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001450 | 0.003120 | 0.004900 | 0.006570 | 0.008350 | 0.010020 | 0.011800 |
| Camarilla | 0.005731 | 0.006048 | 0.006364 | 0.006680 | 0.006996 | 0.007313 | 0.007629 |
| Woodie | 0.001505 | 0.003148 | 0.004955 | 0.006598 | 0.008405 | 0.010048 | 0.011855 |
| Fibonacci | 0.003120 | 0.004438 | 0.005252 | 0.006570 | 0.007888 | 0.008702 | 0.010020 |
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): | 54.35 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 1.058750 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.010854 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.010560 | |
| Elder Ray (13): | -0.000019 | |
| Super Trend (3,10): | 0.010475 | |
| Zig ZAG (10): | 0.010869 | |
| VORTEX (21): | 0.9655 | |
| Stochastique (14,3,5): | 64.56 | |
| TEMA (21): | 0.010810 | |
| Williams %R (14): | -26.73 | |
| Chande Momentum Oscillator (20): | 0.000066 | |
| Repulse (5,40,3): | 1.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0408 | |
| Courbe Coppock: | 0.25 |
| MA7: | 0.010154 | |
| MA20: | 0.008685 | |
| MA50: | 0.007546 | |
| MA100: | 0.005687 | |
| MAexp7: | 0.010821 | |
| MAexp20: | 0.010808 | |
| MAexp50: | 0.010671 | |
| MAexp100: | 0.010367 | |
| Price / MA7: | +6.79% | |
| Price / MA20: | +24.85% | |
| Price / MA50: | +43.69% | |
| Price / MA100: | +90.66% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +0.32% | |
| Price / MAexp50: | +1.61% | |
| Price / MAexp100: | +4.59% |
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.
About author
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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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