SYNTHETIX - SNX/USDT - 15 min. - Technical analysis published on 07/02/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bullish
Technical indicators
11%
56%
33%
My opinion
Bullish above 2.33 USDT
My targets
2.47 USDT (+4.14%)
2.61 USDT (+10.00%)
My analysis
The basic trend is bullish on SYNTHETIX - SNX/USDT and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 2.33 USDT. Sellers would then use the next support located at 2.20 USDT as an objective. Crossing it would then enable sellers to target 2.06 USDT. If there is a return to above the resistance located at 2.47 USDT, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 2.61 USDT and 2.87 USDT by extension.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
0
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SYNTHETIX - SNX/USDT rating 2.37 USDT. The price has increased by +1.72% since the last closing and was between 2.33 USDT and 2.47 USDT. This implies that the price is at +1.72% from its lowest and at -4.05% from its highest.2.33
2.47
2.37
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this SYNTHETIX - SNX/USDT chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently positioned 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
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
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:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 1.69 | 1.79 | 1.93 | 2.37 |
| Change (%) | -28.69% | -24.47% | -18.57% | - |
| Change | -0.68 | -0.58 | -0.44 | - |
| Level | 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 | 1.66 | 1.80 | 2.06 | 2.20 | 2.47 | 2.61 | 2.87 |
| Camarilla | 2.22 | 2.25 | 2.29 | 2.33 | 2.37 | 2.40 | 2.44 |
| Woodie | 1.72 | 1.83 | 2.13 | 2.23 | 2.53 | 2.64 | 2.93 |
| Fibonacci | 1.80 | 1.95 | 2.05 | 2.20 | 2.36 | 2.45 | 2.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.67 | 0.99 | 1.34 | 1.66 | 2.01 | 2.33 | 2.68 |
| Camarilla | 1.50 | 1.57 | 1.63 | 1.69 | 1.75 | 1.81 | 1.87 |
| Woodie | 0.68 | 1.00 | 1.35 | 1.67 | 2.03 | 2.34 | 2.70 |
| Fibonacci | 0.99 | 1.25 | 1.40 | 1.66 | 1.92 | 2.08 | 2.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.07 | 0.35 | 1.16 | 1.57 | 2.38 | 2.80 | 3.61 |
| Camarilla | 1.63 | 1.74 | 1.85 | 1.96 | 2.08 | 2.19 | 2.30 |
| Woodie | 0.13 | 0.45 | 1.35 | 1.67 | 2.58 | 2.90 | 3.80 |
| Fibonacci | 0.35 | 0.82 | 1.11 | 1.57 | 2.04 | 2.33 | 2.80 |
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): | 47.98 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -7.16 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 2.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.47 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 2.44 | |
| Zig ZAG (10): | 2.45 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 9.40 | |
| TEMA (21): | 2.46 | |
| Williams %R (14): | -74.36 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -1.2500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.01 |
| MA7: | 1.98 | |
| MA20: | 1.55 | |
| MA50: | 1.12 | |
| MA100: | 0.92 | |
| MAexp7: | 2.44 | |
| MAexp20: | 2.45 | |
| MAexp50: | 2.41 | |
| MAexp100: | 2.33 | |
| Price / MA7: | +19.70% | |
| Price / MA20: | +52.90% | |
| Price / MA50: | +111.61% | |
| Price / MA100: | +157.61% | |
| Price / MAexp7: | -2.87% | |
| Price / MAexp20: | -3.27% | |
| Price / MAexp50: | -1.66% | |
| Price / MAexp100: | +1.72% |
Quotes :
2020-07-02 12:55:39
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Real time data
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