GOCHAIN - GO/USDT - 1H - Technical analysis published on 12/06/2019 (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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 0.010586 USDT
My targets
0.011993 USDT (+1.72%)
0.013486 USDT (+14.39%)
My analysis
GOCHAIN - GO/USDT 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 0.010586 USDT. The next resistance located at 0.011993 USDT is the next bullish objective 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 0.013486 USDT. After this resistance, buyers could then target 0.016230 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOCHAIN - GO/USDT rating is 0.011790 USDT. The price is lower by -3.12% since the last closing with the lowest point at 0.011130 USDT and the highest point at 0.013490 USDT. The deviation from the price is +5.93% for the low point and -12.60% for the high point.0.011130
0.013490
0.011790
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of GOCHAIN - GO/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, 9 are bullish, 5 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.007864 | 0.010438 | 0.011790 | 0.016230 | 0.022935 | 0.025480 |
| Change (%) | -33.30% | -11.47% | - | +37.66% | +94.53% | +116.12% |
| Change | -0.003926 | -0.001352 | - | +0.004440 | +0.011145 | +0.013690 |
| Level | Intermediate | Major | - | Minor | Minor | Intermediate |
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 | 0.005790 | 0.007258 | 0.009714 | 0.011182 | 0.013638 | 0.015106 | 0.017562 |
| Camarilla | 0.011091 | 0.011451 | 0.011810 | 0.012170 | 0.012530 | 0.012889 | 0.013249 |
| Woodie | 0.006284 | 0.007505 | 0.010208 | 0.011429 | 0.014132 | 0.015353 | 0.018056 |
| Fibonacci | 0.007258 | 0.008757 | 0.009683 | 0.011182 | 0.012681 | 0.013607 | 0.015106 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004786 | 0.006193 | 0.007686 | 0.009093 | 0.010586 | 0.011993 | 0.013486 |
| Camarilla | 0.008382 | 0.008647 | 0.008913 | 0.009179 | 0.009445 | 0.009711 | 0.009977 |
| Woodie | 0.004829 | 0.006215 | 0.007729 | 0.009115 | 0.010629 | 0.012015 | 0.013529 |
| Fibonacci | 0.006193 | 0.007301 | 0.007985 | 0.009093 | 0.010201 | 0.010885 | 0.011993 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004786 | 0.006193 | 0.007686 | 0.009093 | 0.010586 | 0.011993 | 0.013486 |
| Camarilla | 0.008382 | 0.008647 | 0.008913 | 0.009179 | 0.009445 | 0.009711 | 0.009977 |
| Woodie | 0.004829 | 0.006215 | 0.007729 | 0.009115 | 0.010629 | 0.012015 | 0.013529 |
| Fibonacci | 0.006193 | 0.007301 | 0.007985 | 0.009093 | 0.010201 | 0.010885 | 0.011993 |
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): | 57.57 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 24.583076 | |
| AROON (14): | 42.857144 | |
| DEMA (21): | 0.012342 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.011223 | |
| Elder Ray (13): | 0.000639 | |
| Super Trend (3,10): | 0.011095 | |
| Zig ZAG (10): | 0.012080 | |
| VORTEX (21): | 1.0430 | |
| Stochastique (14,3,5): | 43.79 | |
| TEMA (21): | 0.012360 | |
| Williams %R (14): | -65.25 | |
| Chande Momentum Oscillator (20): | 0.000690 | |
| Repulse (5,40,3): | -4.7336 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7112 | |
| Courbe Coppock: | 10.68 |
| MA7: | 0.009862 | |
| MA20: | 0.009231 | |
| MA50: | 0.008711 | |
| MA100: | 0.009242 | |
| MAexp7: | 0.012076 | |
| MAexp20: | 0.011628 | |
| MAexp50: | 0.010733 | |
| MAexp100: | 0.010074 | |
| Price / MA7: | +19.55% | |
| Price / MA20: | +27.72% | |
| Price / MA50: | +35.35% | |
| Price / MA100: | +27.57% | |
| Price / MAexp7: | -2.37% | |
| Price / MAexp20: | +1.39% | |
| Price / MAexp50: | +9.85% | |
| Price / MAexp100: | +17.03% |
This member declared not having a position on this financial instrument or a related financial instrument.
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