THETA NETWORK - THETA/USDT - 15 min. - Technical analysis published on 08/19/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.630167 USDT
My targets
0.611933 USDT (-1.92%)
0.597767 USDT (-4.19%)
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 THETA NETWORK - THETA/USDT. As long as you are under the resistance located at 0.630167 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.611933 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.597767 USDT as an objective. Crossing it would then enable sellers to target 0.579533 USDT. If the resistance 0.630167 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by lexvape. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THETA NETWORK - THETA/USDT price is 0.623900 USDT. The price registered a decrease of -0.35% on the session with the lowest point at 0.619100 USDT and the highest point at 0.629800 USDT. The deviation from the price is +0.78% for the low point and -0.94% for the high point.0.619100
0.629800
0.623900
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 15 min. chart of THETA NETWORK - THETA/USDT indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.582500 | 0.622900 | 0.623900 | 0.648400 | 0.690100 | 0.730600 |
| Change (%) | -6.64% | -0.16% | - | +3.93% | +10.61% | +17.10% |
| Change | -0.041400 | -0.001000 | - | +0.024500 | +0.066200 | +0.106700 |
| Level | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.579533 | 0.597767 | 0.611933 | 0.630167 | 0.644333 | 0.662567 | 0.676733 |
| Camarilla | 0.617190 | 0.620160 | 0.623130 | 0.626100 | 0.629070 | 0.632040 | 0.635010 |
| Woodie | 0.577500 | 0.596750 | 0.609900 | 0.629150 | 0.642300 | 0.661550 | 0.674700 |
| Fibonacci | 0.597767 | 0.610144 | 0.617790 | 0.630167 | 0.642544 | 0.650190 | 0.662567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.638233 | 0.667467 | 0.700333 | 0.729567 | 0.762433 | 0.791667 | 0.824533 |
| Camarilla | 0.716123 | 0.721815 | 0.727508 | 0.733200 | 0.738893 | 0.744585 | 0.750278 |
| Woodie | 0.640050 | 0.668375 | 0.702150 | 0.730475 | 0.764250 | 0.792575 | 0.826350 |
| Fibonacci | 0.667467 | 0.691189 | 0.705845 | 0.729567 | 0.753289 | 0.767945 | 0.791667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.536633 | 0.615867 | 0.699533 | 0.778767 | 0.862433 | 0.941667 | 1.025333 |
| Camarilla | 0.738403 | 0.753335 | 0.768268 | 0.783200 | 0.798133 | 0.813065 | 0.827998 |
| Woodie | 0.538850 | 0.616975 | 0.701750 | 0.779875 | 0.864650 | 0.942775 | 1.027550 |
| Fibonacci | 0.615867 | 0.678095 | 0.716539 | 0.778767 | 0.840995 | 0.879439 | 0.941667 |
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): | 45.77 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -10.849040 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.623075 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.621116 | |
| Elder Ray (13): | -0.000676 | |
| Super Trend (3,10): | 0.628334 | |
| Zig ZAG (10): | 0.622200 | |
| VORTEX (21): | 0.9129 | |
| Stochastique (14,3,5): | 41.99 | |
| TEMA (21): | 0.622948 | |
| Williams %R (14): | -74.03 | |
| Chande Momentum Oscillator (20): | -0.001000 | |
| Repulse (5,40,3): | -0.1986 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0141 | |
| Courbe Coppock: | 0.27 |
| MA7: | 0.676900 | |
| MA20: | 0.723080 | |
| MA50: | 0.755578 | |
| MA100: | 0.769399 | |
| MAexp7: | 0.623194 | |
| MAexp20: | 0.623857 | |
| MAexp50: | 0.625565 | |
| MAexp100: | 0.630093 | |
| Price / MA7: | -7.83% | |
| Price / MA20: | -13.72% | |
| Price / MA50: | -17.43% | |
| Price / MA100: | -18.91% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | -0.98% |
Quotes :
-
Real time data
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