MONERO - XMR/USD - 1H - Technical analysis published on 11/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 162.48 USD
My targets
165.38 USD (+0.81%)
166.66 USD (+1.59%)
My analysis
MONERO - XMR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 162.48 USD. The next resistance located at 165.38 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 166.66 USD. After this resistance, buyers could then target 168.73 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.1
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MONERO - XMR/USD rating 164.05 USD. The price is lower by -0.07% since the last closing and was traded between 164.05 USD and 164.17 USD over the period. The price is currently at 0% from its lowest and -0.07% from its highest.164.05
164.17
164.05
Here is a more detailed summary of the historical variations registered by MONERO - XMR/USD:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of MONERO - XMR/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 159.13 | 160.49 | 162.48 | 164.05 | 165.38 | 166.66 | 168.73 |
| Change (%) | -3.00% | -2.17% | -0.96% | - | +0.81% | +1.59% | +2.85% |
| Change | -4.92 | -3.56 | -1.57 | - | +1.33 | +2.61 | +4.68 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Major | 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 | 156.57 | 158.09 | 161.13 | 162.65 | 165.69 | 167.21 | 170.25 |
| Camarilla | 162.92 | 163.33 | 163.75 | 164.17 | 164.59 | 165.01 | 165.42 |
| Woodie | 157.33 | 158.47 | 161.89 | 163.03 | 166.45 | 167.59 | 171.01 |
| Fibonacci | 158.09 | 159.83 | 160.91 | 162.65 | 164.39 | 165.47 | 167.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 138.60 | 147.89 | 154.40 | 163.69 | 170.20 | 179.49 | 186.00 |
| Camarilla | 156.56 | 158.00 | 159.45 | 160.90 | 162.35 | 163.80 | 165.25 |
| Woodie | 137.20 | 147.20 | 153.00 | 163.00 | 168.80 | 178.80 | 184.60 |
| Fibonacci | 147.89 | 153.93 | 157.66 | 163.69 | 169.73 | 173.46 | 179.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 123.28 | 134.15 | 153.26 | 164.13 | 183.24 | 194.11 | 213.22 |
| Camarilla | 164.14 | 166.88 | 169.63 | 172.38 | 175.13 | 177.88 | 180.63 |
| Woodie | 127.41 | 136.21 | 157.39 | 166.19 | 187.37 | 196.17 | 217.35 |
| Fibonacci | 134.15 | 145.60 | 152.67 | 164.13 | 175.58 | 182.65 | 194.11 |
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): | 64.80 | |
| MACD (12,26,9): | 0.7500 | |
| Directional Movement: | 3.89 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 163.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 162.74 | |
| Elder Ray (13): | 1.27 | |
| Super Trend (3,10): | 161.68 | |
| Zig ZAG (10): | 164.17 | |
| VORTEX (21): | 1.2700 | |
| Stochastique (14,3,5): | 94.31 | |
| TEMA (21): | 164.07 | |
| Williams %R (14): | -1.81 | |
| Chande Momentum Oscillator (20): | 3.51 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 3.81 |
| MA7: | 162.43 | |
| MA20: | 167.00 | |
| MA50: | 160.06 | |
| MA100: | 152.73 | |
| MAexp7: | 163.67 | |
| MAexp20: | 162.20 | |
| MAexp50: | 161.71 | |
| MAexp100: | 162.21 | |
| Price / MA7: | +1.00% | |
| Price / MA20: | -1.77% | |
| Price / MA50: | +2.49% | |
| Price / MA100: | +7.41% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +1.14% | |
| Price / MAexp50: | +1.45% | |
| Price / MAexp100: | +1.13% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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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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