SIACOIN - SC/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	SCUSD
ISIN:

SIACOIN - SC/USD - 1H - Technical analysis published on 09/13/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 0.004194 USD

My targets

0.004390 USD (+2.07%)

0.004497 USD (+4.56%)

My analysis

The basic bullish trend is very strong on SIACOIN - SC/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.004194 USD. Crossing the first resistance at 0.004390 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.004497 USD as an objective. Crossing it would then enable buyers to target 0.004580 USD. Caution, a return to below 0.004194 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

Comment on the analysis

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 SIACOIN - SC/USD rating is 0.004301 USD. The price registered a decrease of -0.26% on the session and was traded between 0.004289 USD and 0.004332 USD over the period. The price is currently at +0.28% from its lowest and -0.72% from its highest.

0.004289

0.004332

0.004301

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 this 1H chart of SIACOIN - SC/USD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.004086	0.004194	0.004277	0.004301	0.004390	0.004497	0.004580
Change (%)	-5.00%	-2.49%	-0.56%	-	+2.07%	+4.56%	+6.49%
Change	-0.000215	-0.000107	-0.000024	-	+0.000089	+0.000196	+0.000279
Level	Intermediate	Intermediate	Minor	-	Minor	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.003546	0.003807	0.004059	0.004320	0.004572	0.004833	0.005085
Camarilla	0.004171	0.004218	0.004265	0.004312	0.004359	0.004406	0.004453
Woodie	0.003543	0.003805	0.004056	0.004318	0.004569	0.004831	0.005082
Fibonacci	0.003807	0.004003	0.004124	0.004320	0.004516	0.004637	0.004833

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.003225	0.003523	0.003806	0.004104	0.004387	0.004685	0.004968
Camarilla	0.003929	0.003983	0.004036	0.004089	0.004142	0.004196	0.004249
Woodie	0.003218	0.003519	0.003799	0.004100	0.004380	0.004681	0.004961
Fibonacci	0.003523	0.003745	0.003882	0.004104	0.004326	0.004463	0.004685

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001384	0.002396	0.003318	0.004330	0.005252	0.006264	0.007186
Camarilla	0.003707	0.003884	0.004062	0.004239	0.004416	0.004594	0.004771
Woodie	0.001338	0.002374	0.003272	0.004308	0.005206	0.006242	0.007140
Fibonacci	0.002396	0.003135	0.003592	0.004330	0.005069	0.005526	0.006264

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):	53.04
MACD (12,26,9):	0.0000
Directional Movement:	-13.040258
AROON (14):	42.857142
DEMA (21):	0.004318
Parabolic SAR (0,02-0,02-0,2):	0.004377
Elder Ray (13):	-0.000001
Super Trend (3,10):	0.004199
Zig ZAG (10):	0.004309
VORTEX (21):	1.1563
Stochastique (14,3,5):	43.20
TEMA (21):	0.004318
Williams %R (14):	-48.84
Chande Momentum Oscillator (20):	0.000006
Repulse (5,40,3):	0.2715
ROCnROLL:	1
TRIX (15,9):	0.0412
Courbe Coppock:	1.32

MA7:	0.004236
MA20:	0.004266
MA50:	0.004469
MA100:	0.004683
MAexp7:	0.004312
MAexp20:	0.004303
MAexp50:	0.004280
MAexp100:	0.004247
Price / MA7:	+1.53%
Price / MA20:	+0.82%
Price / MA50:	-3.76%
Price / MA100:	-8.16%
Price / MAexp7:	-0.26%
Price / MAexp20:	-0.05%
Price / MAexp50:	+0.49%
Price / MAexp100:	+1.27%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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