THETA NETWORK - THETA/USDT - 15 min. - Technical analysis published on 04/01/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 4.15 USDT
My targets
3.93 USDT (-3.20%)
3.67 USDT (-9.61%)
My analysis
In the short term, we can see an acceleration in the bearish trend on THETA - THETA/USDT, which is a positive signal for sellers. As long as the price remains above 4.15 USDT, a sale could be considered. The first bearish objective is located at 3.93 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.67 USDT as an objective. Crossing it would then enable sellers to target 3.45 USDT. If the price were to return above 4.15 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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Additional analysis
Quotes
The THETA - THETA/USDT rating is 4.06 USDT. On the day, this instrument lost -3.10% and was traded between 3.95 USDT and 4.37 USDT over the period. The price is currently at +2.78% from its lowest and -7.09% from its highest.3.95
4.37
4.06
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by THETA - THETA/USDT:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of THETA - THETA/USDT indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 3.11 | 3.37 | 3.93 | 4.06 | 4.12 | 4.37 | 5.48 |
| Change (%) | -23.40% | -17.00% | -3.20% | - | +1.48% | +7.64% | +34.98% |
| Change | -0.95 | -0.69 | -0.13 | - | +0.06 | +0.31 | +1.42 |
| Level | Minor | Intermediate | Major | - | Minor | 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 | 3.45 | 3.67 | 3.93 | 4.15 | 4.41 | 4.63 | 4.89 |
| Camarilla | 4.06 | 4.10 | 4.15 | 4.19 | 4.23 | 4.28 | 4.32 |
| Woodie | 3.47 | 3.68 | 3.95 | 4.16 | 4.43 | 4.64 | 4.91 |
| Fibonacci | 3.67 | 3.85 | 3.97 | 4.15 | 4.33 | 4.45 | 4.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.45 | 2.63 | 2.97 | 3.15 | 3.49 | 3.67 | 4.01 |
| Camarilla | 3.16 | 3.21 | 3.25 | 3.30 | 3.35 | 3.40 | 3.44 |
| Woodie | 2.52 | 2.67 | 3.04 | 3.19 | 3.56 | 3.71 | 4.08 |
| Fibonacci | 2.63 | 2.83 | 2.96 | 3.15 | 3.35 | 3.48 | 3.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.30 | 1.95 | 3.07 | 3.72 | 4.84 | 5.49 | 6.61 |
| Camarilla | 3.70 | 3.87 | 4.03 | 4.19 | 4.35 | 4.52 | 4.68 |
| Woodie | 1.54 | 2.07 | 3.31 | 3.84 | 5.08 | 5.61 | 6.85 |
| Fibonacci | 1.95 | 2.63 | 3.04 | 3.72 | 4.40 | 4.81 | 5.49 |
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): | 42.60 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -11.95 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 4.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.10 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 4.18 | |
| Zig ZAG (10): | 4.02 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 16.03 | |
| TEMA (21): | 3.98 | |
| Williams %R (14): | -83.58 | |
| Chande Momentum Oscillator (20): | -0.23 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 9.95 |
| MA7: | 3.79 | |
| MA20: | 3.25 | |
| MA50: | 3.16 | |
| MA100: | 3.53 | |
| MAexp7: | 4.01 | |
| MAexp20: | 4.08 | |
| MAexp50: | 4.11 | |
| MAexp100: | 4.11 | |
| Price / MA7: | +7.12% | |
| Price / MA20: | +24.92% | |
| Price / MA50: | +28.48% | |
| Price / MA100: | +15.01% | |
| Price / MAexp7: | +1.25% | |
| Price / MAexp20: | -0.49% | |
| Price / MAexp50: | -1.22% | |
| Price / MAexp100: | -1.22% |
Quotes :
-
Real time data
-
Cryptocompare
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