SYNTHETIX - SNX/ETH - 1H - Technical analysis published on 06/14/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 0.004589 ETH
My targets
0.005598 ETH (+16.42%)
0.006323 ETH (+31.52%)
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 SYNTHETIX - SNX/ETH. As long as you are above the support located at 0.004589 ETH, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.005598 ETH 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 0.006323 ETH as an objective. Crossing it would then enable buyers to target 0.006933 ETH. If the support 0.004589 ETH 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 not called into question, despite technical indicators being indecisive.
FORCE
0
10
3.4
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SYNTHETIX - SNX/ETH price is 0.004808 ETH. On the day, this instrument lost -1.31% and was between 0.004732 ETH and 0.005012 ETH. This implies that the price is at +1.61% from its lowest and at -4.07% from its highest.0.004732
0.005012
0.004808
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 SYNTHETIX - SNX/ETH:
Technical
Technical analysis of this 1H chart of SYNTHETIX - SNX/ETH indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 7 are neutral and 7 are bearish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
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 | 0.004120 | 0.004373 | 0.004589 | 0.004808 | 0.006933 | 0.008326 | 0.010320 |
| Change (%) | -14.31% | -9.05% | -4.55% | - | +44.20% | +73.17% | +114.64% |
| Change | -0.000688 | -0.000435 | -0.000219 | - | +0.002125 | +0.003518 | +0.005512 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Minor | Major |
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 | 0.003702 | 0.004106 | 0.004489 | 0.004893 | 0.005276 | 0.005680 | 0.006063 |
| Camarilla | 0.004656 | 0.004728 | 0.004800 | 0.004872 | 0.004944 | 0.005016 | 0.005088 |
| Woodie | 0.003692 | 0.004101 | 0.004479 | 0.004888 | 0.005266 | 0.005675 | 0.006053 |
| Fibonacci | 0.004106 | 0.004407 | 0.004592 | 0.004893 | 0.005194 | 0.005379 | 0.005680 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002094 | 0.002819 | 0.003846 | 0.004571 | 0.005598 | 0.006323 | 0.007350 |
| Camarilla | 0.004390 | 0.004551 | 0.004711 | 0.004872 | 0.005033 | 0.005193 | 0.005354 |
| Woodie | 0.002244 | 0.002895 | 0.003996 | 0.004647 | 0.005748 | 0.006399 | 0.007500 |
| Fibonacci | 0.002819 | 0.003489 | 0.003902 | 0.004571 | 0.005241 | 0.005654 | 0.006323 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001598 | 0.002393 | 0.002916 | 0.003711 | 0.004234 | 0.005029 | 0.005552 |
| Camarilla | 0.003078 | 0.003198 | 0.003319 | 0.003440 | 0.003561 | 0.003682 | 0.003803 |
| Woodie | 0.001463 | 0.002325 | 0.002781 | 0.003643 | 0.004099 | 0.004961 | 0.005417 |
| Fibonacci | 0.002393 | 0.002896 | 0.003207 | 0.003711 | 0.004214 | 0.004525 | 0.005029 |
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): | 56.18 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 14.664896 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.004972 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005297 | |
| Elder Ray (13): | -0.000064 | |
| Super Trend (3,10): | 0.004709 | |
| Zig ZAG (10): | 0.004845 | |
| VORTEX (21): | 0.9844 | |
| Stochastique (14,3,5): | 22.60 | |
| TEMA (21): | 0.004941 | |
| Williams %R (14): | -99.40 | |
| Chande Momentum Oscillator (20): | -0.000027 | |
| Repulse (5,40,3): | -0.7619 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2283 | |
| Courbe Coppock: | 1.99 |
| MA7: | 0.004360 | |
| MA20: | 0.003815 | |
| MA50: | 0.003908 | |
| MA100: | 0.003998 | |
| MAexp7: | 0.004916 | |
| MAexp20: | 0.004887 | |
| MAexp50: | 0.004718 | |
| MAexp100: | 0.004484 | |
| Price / MA7: | +10.28% | |
| Price / MA20: | +26.03% | |
| Price / MA50: | +23.03% | |
| Price / MA100: | +20.26% | |
| Price / MAexp7: | -2.20% | |
| Price / MAexp20: | -1.62% | |
| Price / MAexp50: | +1.91% | |
| Price / MAexp100: | +7.23% |
Quotes :
2020-06-14 13:22:45
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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