WORLDWIDE ASSET EXCHANGE - WAXP/USD - 1H - Technical analysis published on 08/11/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.049206 USD
My targets
0.048115 USD (-1.57%)
0.044490 USD (-8.98%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on WORLDWIDE ASSET EXCHANGE - WAXP/USD. As long as you are under the resistance located at 0.049206 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.048115 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.044490 USD as an objective. Crossing it would then enable sellers to target 0.040340 USD. If the resistance 0.049206 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.4
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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 WORLDWIDE ASSET EXCHANGE - WAXP/USD price is 0.048880 USD. The price is lower by -0.02% since the last closing with the lowest point at 0.048640 USD and the highest point at 0.049480 USD. The deviation from the price is +0.49% for the low point and -1.21% for the high point.0.048640
0.049480
0.048880
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of WORLDWIDE ASSET EXCHANGE - WAXP/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
RSI 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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.044490 | 0.048115 | 0.048620 | 0.048880 | 0.049206 | 0.049921 | 0.050625 |
| Change (%) | -8.98% | -1.57% | -0.53% | - | +0.67% | +2.13% | +3.57% |
| Change | -0.004390 | -0.000765 | -0.000260 | - | +0.000326 | +0.001041 | +0.001745 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | 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 | 0.046400 | 0.047250 | 0.048070 | 0.048920 | 0.049740 | 0.050590 | 0.051410 |
| Camarilla | 0.048431 | 0.048584 | 0.048737 | 0.048890 | 0.049043 | 0.049196 | 0.049349 |
| Woodie | 0.046385 | 0.047243 | 0.048055 | 0.048913 | 0.049725 | 0.050583 | 0.051395 |
| Fibonacci | 0.047250 | 0.047888 | 0.048282 | 0.048920 | 0.049558 | 0.049952 | 0.050590 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040370 | 0.044580 | 0.047250 | 0.051460 | 0.054130 | 0.058340 | 0.061010 |
| Camarilla | 0.048028 | 0.048659 | 0.049289 | 0.049920 | 0.050551 | 0.051181 | 0.051812 |
| Woodie | 0.039600 | 0.044195 | 0.046480 | 0.051075 | 0.053360 | 0.057955 | 0.060240 |
| Fibonacci | 0.044580 | 0.047208 | 0.048832 | 0.051460 | 0.054088 | 0.055712 | 0.058340 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.022117 | 0.034203 | 0.043057 | 0.055143 | 0.063997 | 0.076083 | 0.084937 |
| Camarilla | 0.046152 | 0.048071 | 0.049991 | 0.051910 | 0.053830 | 0.055749 | 0.057669 |
| Woodie | 0.020500 | 0.033395 | 0.041440 | 0.054335 | 0.062380 | 0.075275 | 0.083320 |
| Fibonacci | 0.034203 | 0.042202 | 0.047144 | 0.055143 | 0.063142 | 0.068084 | 0.076083 |
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): | 50.31 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.147714 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.048910 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.048640 | |
| Elder Ray (13): | 0.000004 | |
| Super Trend (3,10): | 0.050237 | |
| Zig ZAG (10): | 0.048880 | |
| VORTEX (21): | 1.0328 | |
| Stochastique (14,3,5): | 49.84 | |
| TEMA (21): | 0.049002 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | 0.000330 | |
| Repulse (5,40,3): | -0.4721 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0026 | |
| Courbe Coppock: | 1.70 |
| MA7: | 0.049343 | |
| MA20: | 0.051999 | |
| MA50: | 0.050461 | |
| MA100: | 0.051590 | |
| MAexp7: | 0.048958 | |
| MAexp20: | 0.048895 | |
| MAexp50: | 0.048955 | |
| MAexp100: | 0.049176 | |
| Price / MA7: | -0.94% | |
| Price / MA20: | -6.00% | |
| Price / MA50: | -3.13% | |
| Price / MA100: | -5.25% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | -0.60% |
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
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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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