STATUS - SNT/USD - 1H - Technical analysis published on 01/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.041223 USD
My targets
0.042736 USD (+2.85%)
0.043366 USD (+4.36%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on STATUS NETWORK TOKEN - SNT/USD. As long as you are above the support located at 0.041223 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.042736 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.043366 USD as an objective. Crossing it would then enable buyers to target 0.045576 USD. If the support 0.041223 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more 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
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STATUS NETWORK TOKEN - SNT/USD rating is 0.041553 USD. The price registered a decrease of -0.10% on the session and was between 0.041057 USD and 0.042353 USD. This implies that the price is at +1.21% from its lowest and at -1.89% from its highest.0.041057
0.042353
0.041553
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of STATUS NETWORK TOKEN - SNT/USD indicates that the overall trend is bullish. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.038932 | 0.039981 | 0.041223 | 0.041553 | 0.042736 | 0.043366 | 0.045576 |
| Change (%) | -6.31% | -3.78% | -0.79% | - | +2.85% | +4.36% | +9.68% |
| Change | -0.002621 | -0.001572 | -0.000330 | - | +0.001183 | +0.001813 | +0.004023 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 | 0.037116 | 0.038865 | 0.040229 | 0.041978 | 0.043342 | 0.045091 | 0.046455 |
| Camarilla | 0.040738 | 0.041023 | 0.041309 | 0.041594 | 0.041879 | 0.042165 | 0.042450 |
| Woodie | 0.036925 | 0.038769 | 0.040038 | 0.041882 | 0.043151 | 0.044995 | 0.046264 |
| Fibonacci | 0.038865 | 0.040054 | 0.040789 | 0.041978 | 0.043167 | 0.043902 | 0.045091 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.030960 | 0.034679 | 0.038137 | 0.041856 | 0.045314 | 0.049033 | 0.052491 |
| Camarilla | 0.039620 | 0.040278 | 0.040936 | 0.041594 | 0.042252 | 0.042910 | 0.043568 |
| Woodie | 0.030829 | 0.034614 | 0.038006 | 0.041791 | 0.045183 | 0.048968 | 0.052360 |
| Fibonacci | 0.034679 | 0.037421 | 0.039115 | 0.041856 | 0.044598 | 0.046292 | 0.049033 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019759 | 0.028958 | 0.036866 | 0.046065 | 0.053973 | 0.063172 | 0.071080 |
| Camarilla | 0.040071 | 0.041639 | 0.043207 | 0.044775 | 0.046343 | 0.047911 | 0.049479 |
| Woodie | 0.019115 | 0.028635 | 0.036222 | 0.045742 | 0.053329 | 0.062849 | 0.070436 |
| Fibonacci | 0.028958 | 0.035493 | 0.039530 | 0.046065 | 0.052600 | 0.056637 | 0.063172 |
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): | 54.55 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 8.822099 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.041934 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.041132 | |
| Elder Ray (13): | 0.000134 | |
| Super Trend (3,10): | 0.040088 | |
| Zig ZAG (10): | 0.041980 | |
| VORTEX (21): | 1.0787 | |
| Stochastique (14,3,5): | 77.82 | |
| TEMA (21): | 0.042004 | |
| Williams %R (14): | -31.43 | |
| Chande Momentum Oscillator (20): | 0.000303 | |
| Repulse (5,40,3): | 0.7422 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0642 | |
| Courbe Coppock: | 1.51 |
| MA7: | 0.041378 | |
| MA20: | 0.040727 | |
| MA50: | 0.042611 | |
| MA100: | 0.040938 | |
| MAexp7: | 0.041887 | |
| MAexp20: | 0.041659 | |
| MAexp50: | 0.041365 | |
| MAexp100: | 0.041143 | |
| Price / MA7: | +0.42% | |
| Price / MA20: | +2.03% | |
| Price / MA50: | -2.48% | |
| Price / MA100: | +1.50% | |
| Price / MAexp7: | -0.80% | |
| Price / MAexp20: | -0.25% | |
| Price / MAexp50: | +0.45% | |
| Price / MAexp100: | +1.00% |
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.
About author
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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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