JASMYCOIN - JASMY/USDT - 1H - Technical analysis published on 02/21/2023 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.007367 USDT
My targets
0.006890 USDT (-1.88%)
0.006489 USDT (-7.59%)
My analysis
The bearish trend is currently very strong for JASMYCOIN - JASMY/USDT. As long as the price remains below the resistance at 0.007367 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.006890 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.006489 USDT as an objective. Crossing it would then enable sellers to target 0.005992 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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This analysis was given by Joeymeloney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The JASMYCOIN - JASMY/USDT price is 0.007022 USDT. The price registered a decrease of -6.14% on the session with the lowest point at 0.006877 USDT and the highest point at 0.007502 USDT. The deviation from the price is +2.11% for the low point and -6.40% for the high point.0.006877
0.007502
0.007022
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by JASMYCOIN - JASMY/USDT:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of JASMYCOIN - JASMY/USDT in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
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:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
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 | 0.007022 | 0.007367 | 0.007649 | 0.007973 |
| Change (%) | -14.67% | -7.59% | -1.88% | - | +4.91% | +8.93% | +13.54% |
| Change | -0.001030 | -0.000533 | -0.000132 | - | +0.000345 | +0.000627 | +0.000951 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Major |
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 | 0.006639 | 0.006858 | 0.007169 | 0.007388 | 0.007699 | 0.007918 | 0.008229 |
| Camarilla | 0.007335 | 0.007384 | 0.007432 | 0.007481 | 0.007530 | 0.007578 | 0.007627 |
| Woodie | 0.006686 | 0.006881 | 0.007216 | 0.007411 | 0.007746 | 0.007941 | 0.008276 |
| Fibonacci | 0.006858 | 0.007060 | 0.007185 | 0.007388 | 0.007590 | 0.007715 | 0.007918 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004247 | 0.005056 | 0.006030 | 0.006839 | 0.007813 | 0.008622 | 0.009596 |
| Camarilla | 0.006513 | 0.006676 | 0.006840 | 0.007003 | 0.007166 | 0.007330 | 0.007493 |
| Woodie | 0.004329 | 0.005097 | 0.006112 | 0.006880 | 0.007895 | 0.008663 | 0.009678 |
| Fibonacci | 0.005056 | 0.005737 | 0.006158 | 0.006839 | 0.007520 | 0.007941 | 0.008622 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001329 | 0.002371 | 0.003748 | 0.004790 | 0.006167 | 0.007209 | 0.008586 |
| Camarilla | 0.004460 | 0.004682 | 0.004903 | 0.005125 | 0.005347 | 0.005569 | 0.005790 |
| Woodie | 0.001497 | 0.002455 | 0.003916 | 0.004874 | 0.006335 | 0.007293 | 0.008754 |
| Fibonacci | 0.002371 | 0.003295 | 0.003866 | 0.004790 | 0.005714 | 0.006285 | 0.007209 |
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): | 38.86 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -14.562673 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.006992 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007099 | |
| Elder Ray (13): | -0.000055 | |
| Super Trend (3,10): | 0.007286 | |
| Zig ZAG (10): | 0.006986 | |
| VORTEX (21): | 0.8199 | |
| Stochastique (14,3,5): | 24.26 | |
| TEMA (21): | 0.006913 | |
| Williams %R (14): | -78.84 | |
| Chande Momentum Oscillator (20): | -0.000357 | |
| Repulse (5,40,3): | 0.0017 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1916 | |
| Courbe Coppock: | 9.76 |
| MA7: | 0.007083 | |
| MA20: | 0.006700 | |
| MA50: | 0.005494 | |
| MA100: | 0.004561 | |
| MAexp7: | 0.007012 | |
| MAexp20: | 0.007128 | |
| MAexp50: | 0.007224 | |
| MAexp100: | 0.007185 | |
| Price / MA7: | -0.86% | |
| Price / MA20: | +4.81% | |
| Price / MA50: | +27.81% | |
| Price / MA100: | +53.96% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | -1.49% | |
| Price / MAexp50: | -2.80% | |
| Price / MAexp100: | -2.27% |
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.
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