SIACOIN - SC/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	SCUSD
ISIN:

SIACOIN - SC/USD - 1H - Technical analysis published on 11/19/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

My opinion

Bullish above 0.006627 USD

My targets

0.007457 USD (+11.46%)

0.008310 USD (+24.22%)

My analysis

The bullish trend is currently very strong on SIACOIN - SC/USD. As long as the price remains above the support at 0.006627 USD, you could try to benefit from the boom. The first bullish objective is located at 0.007457 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.008310 USD as an objective. Crossing it would then enable buyers to target 0.014159 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

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 price is 0.006690 USD. The price has increased by +15.17% since the last closing and was between 0.005692 USD and 0.006690 USD. This implies that the price is at +17.53% from its lowest and at 0% from its highest.

0.005692

0.006690

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

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 : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this 1H chart of SIACOIN - SC/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by 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

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.005901	0.006249	0.006627	0.006690	0.007471	0.008310	0.014159
Change (%)	-11.79%	-6.59%	-0.94%	-	+11.67%	+24.22%	+111.64%
Change	-0.000789	-0.000441	-0.000063	-	+0.000781	+0.001620	+0.007469
Level	Minor	Intermediate	Minor	-	Minor	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	0.004835	0.005066	0.005438	0.005669	0.006041	0.006272	0.006644
Camarilla	0.005643	0.005699	0.005754	0.005809	0.005864	0.005920	0.005975
Woodie	0.004905	0.005101	0.005508	0.005704	0.006111	0.006307	0.006714
Fibonacci	0.005066	0.005297	0.005439	0.005669	0.005900	0.006042	0.006272

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.003533	0.003984	0.004841	0.005292	0.006149	0.006600	0.007457
Camarilla	0.005338	0.005458	0.005578	0.005698	0.005818	0.005938	0.006058
Woodie	0.003736	0.004086	0.005044	0.005394	0.006352	0.006702	0.007660
Fibonacci	0.003984	0.004484	0.004792	0.005292	0.005792	0.006100	0.006600

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.002239	0.003132	0.003925	0.004818	0.005611	0.006504	0.007297
Camarilla	0.004255	0.004410	0.004565	0.004719	0.004874	0.005028	0.005183
Woodie	0.002190	0.003107	0.003876	0.004793	0.005562	0.006479	0.007248
Fibonacci	0.003132	0.003776	0.004174	0.004818	0.005462	0.005860	0.006504

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):	79.37
MACD (12,26,9):	0.0002
Directional Movement:	31.264207
AROON (14):	92.857143
DEMA (21):	0.006181
Parabolic SAR (0,02-0,02-0,2):	0.005835
Elder Ray (13):	0.000504
Super Trend (3,10):	0.006003
Zig ZAG (10):	0.006545
VORTEX (21):	1.2901
Stochastique (14,3,5):	82.80
TEMA (21):	0.006295
Williams %R (14):	-11.82
Chande Momentum Oscillator (20):	0.000711
Repulse (5,40,3):	5.7901
ROCnROLL:	1
TRIX (15,9):	0.2878
Courbe Coppock:	13.70

MA7:	0.005496
MA20:	0.004930
MA50:	0.004864
MA100:	0.004662
MAexp7:	0.006225
MAexp20:	0.005965
MAexp50:	0.005741
MAexp100:	0.005548
Price / MA7:	+21.72%
Price / MA20:	+35.70%
Price / MA50:	+37.54%
Price / MA100:	+43.50%
Price / MAexp7:	+7.47%
Price / MAexp20:	+12.15%
Price / MAexp50:	+16.53%
Price / MAexp100:	+20.58%

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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