QUANTSTAMP - QSP/USDT

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Change:	-
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Type:	Cryptocurrencies
Ticker:	QSPUSDT
ISIN:

QUANTSTAMP - QSP/USDT - Daily - Technical analysis published on 02/03/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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QUANTSTAMP - QSP/USDT Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.071467 USDT

My targets

0.110537 USDT (+27.70%)

0.125120 USDT (+44.55%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on QUANTSTAMP - QSP/USDT as long as the price remains well above 0.071467 USDT. The buyers' bullish objective is set at 0.110537 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.125120 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

Comment on the analysis

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 taha.

Additional analysis

Quotes

The QUANTSTAMP - QSP/USDT price is 0.086560 USDT. On the day, this instrument lost -3.22% with the lowest point at 0.073240 USDT and the highest point at 0.093430 USDT. The deviation from the price is +18.19% for the low point and -7.35% for the high point.

0.073240

0.093430

0.086560

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by QUANTSTAMP - QSP/USDT:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of QUANTSTAMP - QSP/USDT in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	0.056301	0.064546	0.069910	0.086560	0.125120
Change (%)	-34.96%	-25.43%	-19.24%	-	+44.55%
Change	-0.030259	-0.022014	-0.016650	-	+0.038560
Level	Major	Major	Intermediate	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001243	0.030267	0.059853	0.088877	0.118463	0.147487	0.177073
Camarilla	0.073322	0.078695	0.084067	0.089440	0.094813	0.100185	0.105558
Woodie	0.001525	0.030408	0.060135	0.089018	0.118745	0.147628	0.177355
Fibonacci	0.030267	0.052656	0.066488	0.088877	0.111266	0.125098	0.147487

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.003873	0.012567	0.029923	0.038617	0.055973	0.064667	0.082023
Camarilla	0.040116	0.042504	0.044892	0.047280	0.049668	0.052056	0.054444
Woodie	0.008205	0.014733	0.034255	0.040783	0.060305	0.066833	0.086355
Fibonacci	0.012567	0.022518	0.028666	0.038617	0.048568	0.054716	0.064667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.006673	0.007293	0.032397	0.046363	0.071467	0.085433	0.110537
Camarilla	0.046756	0.050337	0.053919	0.057500	0.061081	0.064663	0.068244
Woodie	-0.001105	0.010078	0.037965	0.049148	0.077035	0.088218	0.116105
Fibonacci	0.007293	0.022218	0.031439	0.046363	0.061288	0.070509	0.085433

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):	75.83
MACD (12,26,9):	0.0091
Directional Movement:	49.183145
AROON (14):	64.285714
DEMA (21):	0.057627
Parabolic SAR (0,02-0,02-0,2):	0.050094
Elder Ray (13):	0.029052
Super Trend (3,10):	0.052254
Zig ZAG (10):	0.080010
VORTEX (21):	1.2099
Stochastique (14,3,5):	76.18
TEMA (21):	0.067863
Williams %R (14):	-39.21
Chande Momentum Oscillator (20):	0.054520
Repulse (5,40,3):	18.3608
ROCnROLL:	1
TRIX (15,9):	0.9618
Courbe Coppock:	191.04

MA7:	0.061483
MA20:	0.042035
MA50:	0.040403
MA100:	0.048605
MAexp7:	0.064658
MAexp20:	0.048742
MAexp50:	0.044511
MAexp100:	0.045954
Price / MA7:	+40.79%
Price / MA20:	+105.92%
Price / MA50:	+114.24%
Price / MA100:	+78.09%
Price / MAexp7:	+33.87%
Price / MAexp20:	+77.59%
Price / MAexp50:	+94.47%
Price / MAexp100:	+88.36%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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