JASMYCOIN - JASMY/USD - Daily - Technical analysis published on 05/14/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.005133 USD
My targets
0.004393 USD (-8.48%)
0.003452 USD (-28.08%)
My analysis
In the short term, we can see an acceleration in the bearish trend on JASMYCOIN - JASMY/USD, which is a positive signal for sellers. As long as the price remains above 0.005133 USD, a sale could be considered. The first bearish objective is located at 0.004393 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.003452 USD as an objective. Crossing it would then enable sellers to target 0.002812 USD. If the price were to return above 0.005133 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
4.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
JASMYCOIN - JASMY/USD rating 0.004800 USD. The price is lower by -0.21% since the last closing and was between 0.004700 USD and 0.004930 USD. This implies that the price is at +2.13% from its lowest and at -2.64% from its highest.0.004700
0.004930
0.004800
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by JASMYCOIN - JASMY/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of JASMYCOIN - JASMY/USD indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish harami
Type : Bearish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.002812 | 0.003452 | 0.004393 | 0.004800 | 0.005644 | 0.006980 | 0.007981 |
Change (%) | -41.42% | -28.08% | -8.48% | - | +17.58% | +45.42% | +66.27% |
Change | -0.001988 | -0.001348 | -0.000407 | - | +0.000844 | +0.002180 | +0.003181 |
Level | Minor | Minor | Major | - | Minor | Major | 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 | 0.004441 | 0.004571 | 0.004690 | 0.004820 | 0.004939 | 0.005069 | 0.005188 |
Camarilla | 0.004742 | 0.004764 | 0.004787 | 0.004810 | 0.004833 | 0.004856 | 0.004879 |
Woodie | 0.004437 | 0.004568 | 0.004686 | 0.004817 | 0.004935 | 0.005066 | 0.005184 |
Fibonacci | 0.004571 | 0.004666 | 0.004725 | 0.004820 | 0.004915 | 0.004974 | 0.005069 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.000457 | 0.002443 | 0.003627 | 0.005613 | 0.006797 | 0.008783 | 0.009967 |
Camarilla | 0.003938 | 0.004229 | 0.004519 | 0.004810 | 0.005101 | 0.005391 | 0.005682 |
Woodie | 0.000055 | 0.002243 | 0.003225 | 0.005413 | 0.006395 | 0.008583 | 0.009565 |
Fibonacci | 0.002443 | 0.003654 | 0.004402 | 0.005613 | 0.006824 | 0.007572 | 0.008783 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.002503 | 0.003627 | 0.005133 | 0.006257 | 0.007763 | 0.008887 | 0.010393 |
Camarilla | 0.005917 | 0.006158 | 0.006399 | 0.006640 | 0.006881 | 0.007122 | 0.007363 |
Woodie | 0.002695 | 0.003723 | 0.005325 | 0.006353 | 0.007955 | 0.008983 | 0.010585 |
Fibonacci | 0.003627 | 0.004631 | 0.005252 | 0.006257 | 0.007261 | 0.007882 | 0.008887 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 34.94 | |
MACD (12,26,9): | -0.0003 | |
Directional Movement: | -14.268891 | |
AROON (14): | -42.857143 | |
DEMA (21): | 0.005752 | |
Parabolic SAR (0,02-0,02-0,2): | 0.007267 | |
Elder Ray (13): | -0.000974 | |
Super Trend (3,10): | 0.006735 | |
Zig ZAG (10): | 0.004790 | |
VORTEX (21): | 0.9185 | |
Stochastique (14,3,5): | 10.05 | |
TEMA (21): | 0.005304 | |
Williams %R (14): | -89.86 | |
Chande Momentum Oscillator (20): | -0.001740 | |
Repulse (5,40,3): | -13.9899 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0965 | |
Courbe Coppock: | 30.51 |
MA7: | 0.005485 | |
MA20: | 0.006313 | |
MA50: | 0.005926 | |
MA100: | 0.005865 | |
MAexp7: | 0.005353 | |
MAexp20: | 0.005976 | |
MAexp50: | 0.005968 | |
MAexp100: | 0.005763 | |
Price / MA7: | -12.49% | |
Price / MA20: | -23.97% | |
Price / MA50: | -19.00% | |
Price / MA100: | -18.16% | |
Price / MAexp7: | -10.33% | |
Price / MAexp20: | -19.68% | |
Price / MAexp50: | -19.57% | |
Price / MAexp100: | -16.71% |
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
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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