JASMYCOIN - JASMY/USDT - Daily - Technical analysis published on 02/21/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
33%
22%
My opinion
Bullish above 0.005992 USDT
My targets
0.007973 USDT (+13.62%)
0.009701 USDT (+38.25%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JASMYCOIN - JASMY/USDT as long as the price remains well above 0.005992 USDT. The buyers' bullish objective is set at 0.007973 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.009701 USDT. If there is any crossing, the next objective would be the resistance located at 0.010450 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.4
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Additional analysis
Quotes
The JASMYCOIN - JASMY/USDT price is 0.007017 USDT. The price is lower by -6.20% since the last closing and was between 0.006877 USDT and 0.007502 USDT. This implies that the price is at +2.04% from its lowest and at -6.46% from its highest.0.006877
0.007502
0.007017
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
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
A technical analysis in Daily of this JASMYCOIN - JASMY/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong 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, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 4 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.005091 | 0.005992 | 0.006890 | 0.007017 | 0.007973 | 0.009701 | 0.010450 |
Change (%) | -27.45% | -14.61% | -1.81% | - | +13.62% | +38.25% | +48.92% |
Change | -0.001926 | -0.001025 | -0.000127 | - | +0.000956 | +0.002684 | +0.003433 |
Level | Intermediate | Major | Intermediate | - | Major | Minor | 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 | 0.006639 | 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 55.78 | |
MACD (12,26,9): | 0.0005 | |
Directional Movement: | 15.189798 | |
AROON (14): | -35.714286 | |
DEMA (21): | 0.007270 | |
Parabolic SAR (0,02-0,02-0,2): | 0.007606 | |
Elder Ray (13): | 0.000339 | |
Super Trend (3,10): | 0.005558 | |
Zig ZAG (10): | 0.006986 | |
VORTEX (21): | 1.1103 | |
Stochastique (14,3,5): | 54.93 | |
TEMA (21): | 0.007293 | |
Williams %R (14): | -54.87 | |
Chande Momentum Oscillator (20): | 0.000750 | |
Repulse (5,40,3): | -5.1986 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 1.2669 | |
Courbe Coppock: | 19.54 |
MA7: | 0.007083 | |
MA20: | 0.006700 | |
MA50: | 0.005494 | |
MA100: | 0.004561 | |
MAexp7: | 0.007048 | |
MAexp20: | 0.006613 | |
MAexp50: | 0.005764 | |
MAexp100: | 0.005393 | |
Price / MA7: | -0.93% | |
Price / MA20: | +4.73% | |
Price / MA50: | +27.72% | |
Price / MA100: | +53.85% | |
Price / MAexp7: | -0.44% | |
Price / MAexp20: | +6.11% | |
Price / MAexp50: | +21.74% | |
Price / MAexp100: | +30.11% |
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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