STATUS - SNT/USD - 1H - Technical analysis published on 03/29/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.017776 USD
My targets
0.019277 USD (+2.83%)
0.019929 USD (+6.31%)
My analysis
STATUS NETWORK TOKEN - SNT/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.017776 USD. The next resistance located at 0.019277 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.019929 USD. After this resistance, buyers could then target 0.021883 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
8.8
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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 price is 0.018747 USD. The price registered an increase of +7.74% on the session and was traded between 0.016553 USD and 0.019738 USD over the period. The price is currently at +13.25% from its lowest and -5.02% from its highest.0.016553
0.019738
0.018747
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H 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 does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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
CCI indicator: bullish divergence
Type : Bullish
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
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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:
Black gravestone / inverted hammer
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.015745 | 0.016320 | 0.017776 | 0.018747 | 0.019277 | 0.021883 | 0.029918 |
| Change (%) | -16.01% | -12.95% | -5.18% | - | +2.83% | +16.73% | +59.59% |
| Change | -0.003002 | -0.002427 | -0.000971 | - | +0.000530 | +0.003136 | +0.011171 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Minor |
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 | 0.011800 | 0.013013 | 0.015207 | 0.016420 | 0.018614 | 0.019827 | 0.022021 |
| Camarilla | 0.016463 | 0.016775 | 0.017088 | 0.017400 | 0.017712 | 0.018025 | 0.018337 |
| Woodie | 0.012290 | 0.013258 | 0.015697 | 0.016665 | 0.019104 | 0.020072 | 0.022511 |
| Fibonacci | 0.013013 | 0.014315 | 0.015119 | 0.016420 | 0.017722 | 0.018526 | 0.019827 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005547 | 0.008076 | 0.012738 | 0.015267 | 0.019929 | 0.022458 | 0.027120 |
| Camarilla | 0.015423 | 0.016082 | 0.016741 | 0.017400 | 0.018059 | 0.018718 | 0.019378 |
| Woodie | 0.006614 | 0.008609 | 0.013805 | 0.015800 | 0.020996 | 0.022991 | 0.028187 |
| Fibonacci | 0.008076 | 0.010823 | 0.012520 | 0.015267 | 0.018014 | 0.019711 | 0.022458 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.009640 | 0.000595 | 0.007421 | 0.017656 | 0.024482 | 0.034717 | 0.041543 |
| Camarilla | 0.009555 | 0.011119 | 0.012683 | 0.014247 | 0.015811 | 0.017375 | 0.018939 |
| Woodie | -0.011345 | -0.000257 | 0.005717 | 0.016804 | 0.022778 | 0.033865 | 0.039839 |
| Fibonacci | 0.000595 | 0.007112 | 0.011139 | 0.017656 | 0.024173 | 0.028200 | 0.034717 |
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): | 66.15 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 24.327495 | |
| AROON (14): | 85.714283 | |
| DEMA (21): | 0.018475 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.017824 | |
| Elder Ray (13): | 0.000873 | |
| Super Trend (3,10): | 0.016771 | |
| Zig ZAG (10): | 0.018872 | |
| VORTEX (21): | 1.2017 | |
| Stochastique (14,3,5): | 77.67 | |
| TEMA (21): | 0.018867 | |
| Williams %R (14): | -31.11 | |
| Chande Momentum Oscillator (20): | 0.001831 | |
| Repulse (5,40,3): | 0.8789 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5505 | |
| Courbe Coppock: | 17.78 |
| MA7: | 0.016323 | |
| MA20: | 0.012527 | |
| MA50: | 0.015175 | |
| MA100: | 0.012865 | |
| MAexp7: | 0.018353 | |
| MAexp20: | 0.017585 | |
| MAexp50: | 0.016719 | |
| MAexp100: | 0.016047 | |
| Price / MA7: | +14.85% | |
| Price / MA20: | +49.65% | |
| Price / MA50: | +23.54% | |
| Price / MA100: | +45.72% | |
| Price / MAexp7: | +2.15% | |
| Price / MAexp20: | +6.61% | |
| Price / MAexp50: | +12.13% | |
| Price / MAexp100: | +16.83% |
This member declared not having a position on this financial instrument or a related financial instrument.
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