WORLDWIDE ASSET EXCHANGE - WAXP/USD - 1H - Technical analysis published on 10/16/2023 (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:
Neutral
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.046103 USD
My targets
0.048632 USD (+1.31%)
0.050367 USD (+4.92%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.046103 USD remains possible. It is advisable to trade WORLDWIDE ASSET EXCHANGE - WAXP/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.046103 USD. The next bullish objective for buyers is set at 0.048632 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.050367 USD. If there is any crossing, the next objective would be the resistance located at 0.058600 USD. PS: if there is a bearish break in the support located at 0.046103 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.1
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Additional analysis
Quotes
The WORLDWIDE ASSET EXCHANGE - WAXP/USD price is 0.048005 USD. On the day, this instrument lost -0.22% and was traded between 0.047105 USD and 0.049364 USD over the period. The price is currently at +1.91% from its lowest and -2.75% from its highest.0.047105
0.049364
0.048005
Here is a more detailed summary of the historical variations registered by WORLDWIDE ASSET EXCHANGE - WAXP/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of WORLDWIDE ASSET EXCHANGE - WAXP/USD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
MACD crosses DOWN its Moving Average
Type : Bearish
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 | 0.044847 | 0.046103 | 0.047900 | 0.048005 | 0.048632 | 0.050367 | 0.058600 |
| Change (%) | -6.58% | -3.96% | -0.22% | - | +1.31% | +4.92% | +22.07% |
| Change | -0.003158 | -0.001902 | -0.000105 | - | +0.000627 | +0.002362 | +0.010595 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.042427 | 0.044402 | 0.046255 | 0.048230 | 0.050083 | 0.052058 | 0.053911 |
| Camarilla | 0.047056 | 0.047407 | 0.047758 | 0.048109 | 0.048460 | 0.048811 | 0.049162 |
| Woodie | 0.042367 | 0.044372 | 0.046195 | 0.048200 | 0.050023 | 0.052028 | 0.053851 |
| Fibonacci | 0.044402 | 0.045864 | 0.046767 | 0.048230 | 0.049692 | 0.050595 | 0.052058 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.033907 | 0.037711 | 0.042758 | 0.046562 | 0.051609 | 0.055413 | 0.060460 |
| Camarilla | 0.045370 | 0.046181 | 0.046993 | 0.047804 | 0.048615 | 0.049427 | 0.050238 |
| Woodie | 0.034528 | 0.038022 | 0.043379 | 0.046873 | 0.052230 | 0.055724 | 0.061081 |
| Fibonacci | 0.037711 | 0.041092 | 0.043181 | 0.046562 | 0.049943 | 0.052032 | 0.055413 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.024735 | 0.030388 | 0.038245 | 0.043898 | 0.051755 | 0.057408 | 0.065265 |
| Camarilla | 0.042388 | 0.043626 | 0.044865 | 0.046103 | 0.047341 | 0.048580 | 0.049818 |
| Woodie | 0.025838 | 0.030939 | 0.039348 | 0.044449 | 0.052858 | 0.057959 | 0.066368 |
| Fibonacci | 0.030388 | 0.035549 | 0.038737 | 0.043898 | 0.049059 | 0.052247 | 0.057408 |
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): | 52.01 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -0.978950 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.048663 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.049800 | |
| Elder Ray (13): | 0.000007 | |
| Super Trend (3,10): | 0.047110 | |
| Zig ZAG (10): | 0.048410 | |
| VORTEX (21): | 1.0307 | |
| Stochastique (14,3,5): | 71.83 | |
| TEMA (21): | 0.048511 | |
| Williams %R (14): | -44.13 | |
| Chande Momentum Oscillator (20): | 0.000527 | |
| Repulse (5,40,3): | -0.5537 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0485 | |
| Courbe Coppock: | 1.55 |
| MA7: | 0.046959 | |
| MA20: | 0.044226 | |
| MA50: | 0.041562 | |
| MA100: | 0.045173 | |
| MAexp7: | 0.048533 | |
| MAexp20: | 0.048386 | |
| MAexp50: | 0.047841 | |
| MAexp100: | 0.046980 | |
| Price / MA7: | +2.23% | |
| Price / MA20: | +8.54% | |
| Price / MA50: | +15.50% | |
| Price / MA100: | +6.27% | |
| Price / MAexp7: | -1.09% | |
| Price / MAexp20: | -0.79% | |
| Price / MAexp50: | +0.34% | |
| Price / MAexp100: | +2.18% |
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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