CRYPTO 0X PROTOCOL - ZRX/USDT - 1H - Technical analysis published on 07/18/2020 (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
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.412811 USDT
My targets
0.426867 USDT (+1.32%)
0.442356 USDT (+5.00%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on CRYPTO 0X - ZRX/USDT. This is a positive signal for buyers. As long as the price remains above 0.412811 USDT, a purchase could be considered. The first bullish objective is located at 0.426867 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.442356 USDT as an objective. Crossing it would then enable buyers to target 0.477600 USDT. In the event of a return below 0.412811 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.6
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This analysis was given by jrdazriel. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CRYPTO 0X - ZRX/USDT price is 0.421300 USDT. The price has increased by +6.12% since the last closing and was traded between 0.387500 USDT and 0.422900 USDT over the period. The price is currently at +8.72% from its lowest and -0.38% from its highest.0.387500
0.422900
0.421300
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this CRYPTO 0X - ZRX/USDT chart shows a bullish trend. 67.86% 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:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
In fact, 17 technical indicators on 18 studied are currently bullish. 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
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.386020 | 0.397300 | 0.412811 | 0.421300 | 0.426867 | 0.442356 | 0.477600 |
| Change (%) | -8.37% | -5.70% | -2.01% | - | +1.32% | +5.00% | +13.36% |
| Change | -0.035280 | -0.024000 | -0.008489 | - | +0.005567 | +0.021056 | +0.056300 |
| Level | Minor | Minor | Intermediate | - | Major | Intermediate | 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 | 0.350967 | 0.366533 | 0.381767 | 0.397333 | 0.412567 | 0.428133 | 0.443367 |
| Camarilla | 0.388530 | 0.391353 | 0.394177 | 0.397000 | 0.399823 | 0.402647 | 0.405470 |
| Woodie | 0.350800 | 0.366450 | 0.381600 | 0.397250 | 0.412400 | 0.428050 | 0.443200 |
| Fibonacci | 0.366533 | 0.378299 | 0.385568 | 0.397333 | 0.409099 | 0.416368 | 0.428133 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.255100 | 0.307900 | 0.372000 | 0.424800 | 0.488900 | 0.541700 | 0.605800 |
| Camarilla | 0.403953 | 0.414668 | 0.425384 | 0.436100 | 0.446816 | 0.457532 | 0.468248 |
| Woodie | 0.260750 | 0.310725 | 0.377650 | 0.427625 | 0.494550 | 0.544525 | 0.611450 |
| Fibonacci | 0.307900 | 0.352556 | 0.380144 | 0.424800 | 0.469456 | 0.497044 | 0.541700 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.178100 | 0.244600 | 0.289800 | 0.356300 | 0.401500 | 0.468000 | 0.513200 |
| Camarilla | 0.304283 | 0.314522 | 0.324761 | 0.335000 | 0.345239 | 0.355478 | 0.365718 |
| Woodie | 0.167450 | 0.239275 | 0.279150 | 0.350975 | 0.390850 | 0.462675 | 0.502550 |
| Fibonacci | 0.244600 | 0.287269 | 0.313631 | 0.356300 | 0.398969 | 0.425331 | 0.468000 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 67.45 | |
| MACD (12,26,9): | 0.0048 | |
| Directional Movement: | 24.757649 | |
| AROON (14): | 64.285712 | |
| DEMA (21): | 0.410707 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.397393 | |
| Elder Ray (13): | 0.012616 | |
| Super Trend (3,10): | 0.401070 | |
| Zig ZAG (10): | 0.420800 | |
| VORTEX (21): | 1.1492 | |
| Stochastique (14,3,5): | 95.29 | |
| TEMA (21): | 0.415180 | |
| Williams %R (14): | -6.21 | |
| Chande Momentum Oscillator (20): | 0.029000 | |
| Repulse (5,40,3): | 2.2452 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0880 | |
| Courbe Coppock: | 7.15 |
| MA7: | 0.414243 | |
| MA20: | 0.393590 | |
| MA50: | 0.361612 | |
| MA100: | 0.310614 | |
| MAexp7: | 0.413017 | |
| MAexp20: | 0.405535 | |
| MAexp50: | 0.403099 | |
| MAexp100: | 0.406308 | |
| Price / MA7: | +1.70% | |
| Price / MA20: | +7.04% | |
| Price / MA50: | +16.51% | |
| Price / MA100: | +35.63% | |
| Price / MAexp7: | +2.01% | |
| Price / MAexp20: | +3.89% | |
| Price / MAexp50: | +4.52% | |
| Price / MAexp100: | +3.69% |
Quotes :
2020-07-18 13:16:15
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Real time data
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Cryptocompare
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