STATUS - SNT/USD - Daily - Technical analysis published on 06/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
28%
17%
56%
My opinion
Bullish above 0.025201 USD
My targets
0.028853 USD (+0.84%)
0.030693 USD (+7.27%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on Status Network Token - SNT/USD as long as the price remains well above 0.025201 USD. The buyers” bullish objective is set at 0.028853 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.030693 USD. If there is any crossing, the next objective would be the resistance located at 0.084112 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The Status Network Token - SNT/USD price is 0.028614 USD. On the day, this instrument gained +1.07% with the lowest point at 0.027902 USD and the highest point at 0.029439 USD. The deviation from the price is +2.55% for the low point and -2.80% for the high point.0.027902
0.029439
0.028614
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by Status Network Token - SNT/USD:
Technical
Technical analysis of this Daily chart of Status Network Token - SNT/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% 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:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 10 are neutral and 3 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.017375 | 0.021658 | 0.025201 | 0.028614 | 0.028853 | 0.030693 | 0.084112 |
| Change (%) | -39.28% | -24.31% | -11.93% | - | +0.84% | +7.27% | +193.95% |
| Change | -0.011239 | -0.006956 | -0.003413 | - | +0.000239 | +0.002079 | +0.055498 |
| Level | Minor | Minor | Major | - | Major | Major | 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 | 0.026769 | 0.027224 | 0.027768 | 0.028223 | 0.028767 | 0.029222 | 0.029766 |
| Camarilla | 0.028037 | 0.028129 | 0.028220 | 0.028312 | 0.028404 | 0.028495 | 0.028587 |
| Woodie | 0.026813 | 0.027246 | 0.027812 | 0.028245 | 0.028811 | 0.029244 | 0.029810 |
| Fibonacci | 0.027224 | 0.027606 | 0.027841 | 0.028223 | 0.028605 | 0.028840 | 0.029222 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.023817 | 0.025659 | 0.027314 | 0.029156 | 0.030811 | 0.032653 | 0.034308 |
| Camarilla | 0.028008 | 0.028329 | 0.028649 | 0.028970 | 0.029291 | 0.029611 | 0.029932 |
| Woodie | 0.023725 | 0.025612 | 0.027222 | 0.029109 | 0.030718 | 0.032606 | 0.034215 |
| Fibonacci | 0.025659 | 0.026995 | 0.027820 | 0.029156 | 0.030492 | 0.031317 | 0.032653 |
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): | 52.73 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 7.457253 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.029194 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.026044 | |
| Elder Ray (13): | 0.000028 | |
| Super Trend (3,10): | 0.023748 | |
| Zig ZAG (10): | 0.028697 | |
| VORTEX (21): | 1.0243 | |
| Stochastique (14,3,5): | 40.94 | |
| TEMA (21): | 0.028940 | |
| Williams %R (14): | -63.69 | |
| Chande Momentum Oscillator (20): | 0.000467 | |
| Repulse (5,40,3): | -1.1550 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3708 | |
| Courbe Coppock: | 9.41 |
| MA7: | 0.028663 | |
| MA20: | 0.028477 | |
| MA50: | 0.026551 | |
| MA100: | 0.025588 | |
| MAexp7: | 0.028601 | |
| MAexp20: | 0.028443 | |
| MAexp50: | 0.027192 | |
| MAexp100: | 0.025820 | |
| Price / MA7: | -0.17% | |
| Price / MA20: | +0.48% | |
| Price / MA50: | +7.77% | |
| Price / MA100: | +11.83% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.60% | |
| Price / MAexp50: | +5.23% | |
| Price / MAexp100: | +10.82% |
This member declared not having a position on this financial instrument or a related financial instrument.
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