STATUS NETWORK TOKEN - SNT/USD - 1H - Technical analysis published on 06/03/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 0.028708 USD
My targets
0.026442 USD (-4.62%)
0.024641 USD (-11.12%)
My analysis
STATUS NETWORK TOKEN - SNT/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.028708 USD. The next support located at 0.026442 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.024641 USD. Below this support, sellers could then target 0.021903 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
3.6
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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 STATUS NETWORK TOKEN - SNT/USD rating is 0.027724 USD. The price is lower by -1.22% since the last closing and was between 0.027222 USD and 0.028227 USD. This implies that the price is at +1.84% from its lowest and at -1.78% from its highest.0.027222
0.028227
0.027724
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this STATUS NETWORK TOKEN - SNT/USD chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.021903 | 0.024641 | 0.026442 | 0.027724 | 0.027788 | 0.028708 | 0.029918 |
| Change (%) | -21.00% | -11.12% | -4.62% | - | +0.23% | +3.55% | +7.91% |
| Change | -0.005821 | -0.003083 | -0.001282 | - | +0.000064 | +0.000984 | +0.002194 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.022345 | 0.024395 | 0.026230 | 0.028280 | 0.030115 | 0.032165 | 0.034000 |
| Camarilla | 0.026997 | 0.027353 | 0.027709 | 0.028065 | 0.028421 | 0.028777 | 0.029133 |
| Woodie | 0.022238 | 0.024341 | 0.026123 | 0.028226 | 0.030008 | 0.032111 | 0.033893 |
| Fibonacci | 0.024395 | 0.025879 | 0.026796 | 0.028280 | 0.029764 | 0.030681 | 0.032165 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.021833 | 0.023271 | 0.025746 | 0.027184 | 0.029659 | 0.031097 | 0.033572 |
| Camarilla | 0.027144 | 0.027503 | 0.027861 | 0.028220 | 0.028579 | 0.028937 | 0.029296 |
| Woodie | 0.022351 | 0.023530 | 0.026264 | 0.027443 | 0.030177 | 0.031356 | 0.034090 |
| Fibonacci | 0.023271 | 0.024766 | 0.025690 | 0.027184 | 0.028679 | 0.029603 | 0.031097 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003241 | 0.011037 | 0.019982 | 0.027778 | 0.036723 | 0.044519 | 0.053464 |
| Camarilla | 0.024324 | 0.025859 | 0.027393 | 0.028928 | 0.030463 | 0.031997 | 0.033532 |
| Woodie | 0.003817 | 0.011324 | 0.020558 | 0.028065 | 0.037299 | 0.044806 | 0.054040 |
| Fibonacci | 0.011037 | 0.017432 | 0.021383 | 0.027778 | 0.034173 | 0.038124 | 0.044519 |
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): | 44.64 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -9.866126 | |
| AROON (14): | 64.285712 | |
| DEMA (21): | 0.027562 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.026481 | |
| Elder Ray (13): | -0.000064 | |
| Super Trend (3,10): | 0.028818 | |
| Zig ZAG (10): | 0.027616 | |
| VORTEX (21): | 0.9755 | |
| Stochastique (14,3,5): | 59.67 | |
| TEMA (21): | 0.027658 | |
| Williams %R (14): | -40.40 | |
| Chande Momentum Oscillator (20): | 0.000307 | |
| Repulse (5,40,3): | 1.4339 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1536 | |
| Courbe Coppock: | 1.17 |
| MA7: | 0.028194 | |
| MA20: | 0.027290 | |
| MA50: | 0.024246 | |
| MA100: | 0.019384 | |
| MAexp7: | 0.027733 | |
| MAexp20: | 0.027933 | |
| MAexp50: | 0.028365 | |
| MAexp100: | 0.028440 | |
| Price / MA7: | -1.67% | |
| Price / MA20: | +1.59% | |
| Price / MA50: | +14.34% | |
| Price / MA100: | +43.03% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.75% | |
| Price / MAexp50: | -2.26% | |
| Price / MAexp100: | -2.52% |
Quotes :
2020-06-03 14:26:31
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Real time data
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