MAKER - MKR/USD - 1H - Technical analysis published on 07/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 2,754.77 USD and 2,868.17 USD
My targets
-
My analysis
The short-term increase on MAKER - MKR/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 2,868.17 USD. The first support is located at 2,754.77 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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 MAKER - MKR/USD rating is 2,814.41 USD. The price registered a decrease of -0.02% on the session and was between 2,814.32 USD and 2,818.84 USD. This implies that the price is at +0.00% from its lowest and at -0.16% from its highest.2,814.32
2,818.84
2,814.41
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 MAKER - MKR/USD in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 2,606.85 | 2,663.35 | 2,754.77 | 2,814.41 | 2,868.17 | 2,944.07 | 3,016.68 |
| Change (%) | -7.37% | -5.37% | -2.12% | - | +1.91% | +4.61% | +7.19% |
| Change | -207.56 | -151.06 | -59.64 | - | +53.76 | +129.66 | +202.27 |
| Level | Minor | Major | Major | - | Major | 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 | 2,681.67 | 2,720.84 | 2,767.84 | 2,807.01 | 2,854.01 | 2,893.18 | 2,940.18 |
| Camarilla | 2,791.14 | 2,799.04 | 2,806.94 | 2,814.84 | 2,822.74 | 2,830.64 | 2,838.54 |
| Woodie | 2,685.59 | 2,722.80 | 2,771.76 | 2,808.97 | 2,857.93 | 2,895.14 | 2,944.10 |
| Fibonacci | 2,720.84 | 2,753.76 | 2,774.09 | 2,807.01 | 2,839.93 | 2,860.26 | 2,893.18 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,171.92 | 2,422.83 | 2,618.84 | 2,869.75 | 3,065.76 | 3,316.67 | 3,512.68 |
| Camarilla | 2,691.94 | 2,732.91 | 2,773.87 | 2,814.84 | 2,855.81 | 2,896.78 | 2,937.74 |
| Woodie | 2,144.46 | 2,409.11 | 2,591.38 | 2,856.03 | 3,038.30 | 3,302.95 | 3,485.22 |
| Fibonacci | 2,422.83 | 2,593.56 | 2,699.03 | 2,869.75 | 3,040.48 | 3,145.95 | 3,316.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,565.82 | 1,836.51 | 2,185.71 | 2,456.40 | 2,805.60 | 3,076.29 | 3,425.49 |
| Camarilla | 2,364.43 | 2,421.25 | 2,478.08 | 2,534.90 | 2,591.72 | 2,648.55 | 2,705.37 |
| Woodie | 1,605.07 | 1,856.14 | 2,224.96 | 2,476.03 | 2,844.85 | 3,095.92 | 3,464.74 |
| Fibonacci | 1,836.51 | 2,073.31 | 2,219.61 | 2,456.40 | 2,693.20 | 2,839.50 | 3,076.29 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.86 | |
| MACD (12,26,9): | 0.9000 | |
| Directional Movement: | 5.46 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 2,808.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 2,785.71 | |
| Elder Ray (13): | 8.21 | |
| Super Trend (3,10): | 2,757.14 | |
| Zig ZAG (10): | 2,814.43 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 66.97 | |
| TEMA (21): | 2,814.68 | |
| Williams %R (14): | -35.54 | |
| Chande Momentum Oscillator (20): | 45.43 | |
| Repulse (5,40,3): | 0.1900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.23 |
| MA7: | 2,874.90 | |
| MA20: | 2,543.44 | |
| MA50: | 2,480.12 | |
| MA100: | 2,668.47 | |
| MAexp7: | 2,812.12 | |
| MAexp20: | 2,803.50 | |
| MAexp50: | 2,812.06 | |
| MAexp100: | 2,816.93 | |
| Price / MA7: | -2.10% | |
| Price / MA20: | +10.65% | |
| Price / MA50: | +13.48% | |
| Price / MA100: | +5.47% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.39% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | -0.09% |
Quotes :
-
Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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