JASMYCOIN - JASMY/USDT - 1H - Technical analysis published on 02/18/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
11%
44%
44%
My opinion
Bearish under 0.007266 USDT
My targets
0.006890 USDT (-3.30%)
0.006489 USDT (-8.93%)
My analysis
The strong short-term decrease of JASMYCOIN - JASMY/USDT should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 0.007266 USDT, a sale could be considered. The first bearish objective is located at 0.006890 USDT. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 0.006489 USDT. If there is any crossing, the next objective would be support 0.005992 USDT. Caution, if there is a return to above 0.007266 USDT, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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
2.1
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This analysis was given by Joeymeloney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
JASMYCOIN - JASMY/USDT rating 0.007125 USDT. The price registered a decrease of -0.88% on the session with the lowest point at 0.007080 USDT and the highest point at 0.007363 USDT. The deviation from the price is +0.64% for the low point and -3.23% for the high point.0.007080
0.007363
0.007125
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:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this JASMYCOIN - JASMY/USDT chart shows a neutral trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 8 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.005992 | 0.006489 | 0.006890 | 0.007125 | 0.007266 | 0.007509 | 0.007649 |
| Change (%) | -15.90% | -8.93% | -3.30% | - | +1.98% | +5.39% | +7.35% |
| Change | -0.001133 | -0.000636 | -0.000235 | - | +0.000141 | +0.000384 | +0.000524 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | 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 | 0.005468 | 0.005997 | 0.006592 | 0.007121 | 0.007716 | 0.008245 | 0.008840 |
| Camarilla | 0.006879 | 0.006982 | 0.007085 | 0.007188 | 0.007291 | 0.007394 | 0.007497 |
| Woodie | 0.005502 | 0.006014 | 0.006626 | 0.007138 | 0.007750 | 0.008262 | 0.008874 |
| Fibonacci | 0.005997 | 0.006426 | 0.006691 | 0.007121 | 0.007550 | 0.007815 | 0.008245 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002406 | 0.003924 | 0.005323 | 0.006841 | 0.008240 | 0.009758 | 0.011157 |
| Camarilla | 0.005920 | 0.006187 | 0.006455 | 0.006722 | 0.006989 | 0.007257 | 0.007524 |
| Woodie | 0.002347 | 0.003894 | 0.005264 | 0.006811 | 0.008181 | 0.009728 | 0.011098 |
| Fibonacci | 0.003924 | 0.005038 | 0.005727 | 0.006841 | 0.007955 | 0.008644 | 0.009758 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000489 | 0.001699 | 0.003412 | 0.004622 | 0.006335 | 0.007545 | 0.009258 |
| Camarilla | 0.004321 | 0.004589 | 0.004857 | 0.005125 | 0.005393 | 0.005661 | 0.005929 |
| Woodie | 0.000741 | 0.001825 | 0.003664 | 0.004748 | 0.006587 | 0.007671 | 0.009510 |
| Fibonacci | 0.001699 | 0.002816 | 0.003505 | 0.004622 | 0.005739 | 0.006428 | 0.007545 |
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): | 44.55 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -1.524310 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.007201 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007488 | |
| Elder Ray (13): | -0.000060 | |
| Super Trend (3,10): | 0.006967 | |
| Zig ZAG (10): | 0.007125 | |
| VORTEX (21): | 0.9881 | |
| Stochastique (14,3,5): | 16.91 | |
| TEMA (21): | 0.007144 | |
| Williams %R (14): | -84.10 | |
| Chande Momentum Oscillator (20): | -0.000182 | |
| Repulse (5,40,3): | -0.9890 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0398 | |
| Courbe Coppock: | 2.63 |
| MA7: | 0.006725 | |
| MA20: | 0.006405 | |
| MA50: | 0.005257 | |
| MA100: | 0.004458 | |
| MAexp7: | 0.007155 | |
| MAexp20: | 0.007197 | |
| MAexp50: | 0.007130 | |
| MAexp100: | 0.006987 | |
| Price / MA7: | +5.95% | |
| Price / MA20: | +11.24% | |
| Price / MA50: | +35.53% | |
| Price / MA100: | +59.83% | |
| Price / MAexp7: | -0.42% | |
| Price / MAexp20: | -1.00% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | +1.98% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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