SYNTHETIX - SNX/USDT - 15 min. - Technical analysis published on 07/03/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 2.38 USDT
My targets
2.59 USDT (+2.90%)
2.71 USDT (+7.66%)
My analysis
SYNTHETIX - SNX/USDT 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 2.38 USDT. The next resistance located at 2.59 USDT is the next bullish target 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 2.71 USDT. After this resistance, buyers could then target 2.95 USDT.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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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/USDT price is 2.52 USDT. The price registered an increase of +2.02% on the session with the lowest point at 2.36 USDT and the highest point at 2.59 USDT. The deviation from the price is +6.78% for the low point and -2.70% for the high point.2.36
2.59
2.52
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 15 min. chart of SYNTHETIX - SNX/USDT indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Ichimoku : price is over the cloud
Type : Bullish
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
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 15 minutes
Upside gap
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 1.93 | 2.12 | 2.48 | 2.52 |
| Change (%) | -23.41% | -15.87% | -1.59% | - |
| Change | -0.59 | -0.40 | -0.04 | - |
| Level | Intermediate | Minor | Minor | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.88 | 2.00 | 2.24 | 2.36 | 2.59 | 2.71 | 2.95 |
| Camarilla | 2.37 | 2.41 | 2.44 | 2.47 | 2.51 | 2.54 | 2.57 |
| Woodie | 1.94 | 2.03 | 2.29 | 2.39 | 2.65 | 2.74 | 3.01 |
| Fibonacci | 2.00 | 2.14 | 2.22 | 2.36 | 2.49 | 2.58 | 2.71 |
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): | 62.13 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 12.81 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 2.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.42 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 2.41 | |
| Zig ZAG (10): | 2.47 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 95.12 | |
| TEMA (21): | 2.44 | |
| Williams %R (14): | -11.76 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 0.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 4.54 |
| MA7: | 2.08 | |
| MA20: | 1.62 | |
| MA50: | 1.15 | |
| MA100: | 0.94 | |
| MAexp7: | 2.46 | |
| MAexp20: | 2.42 | |
| MAexp50: | 2.43 | |
| MAexp100: | 2.42 | |
| Price / MA7: | +21.15% | |
| Price / MA20: | +55.56% | |
| Price / MA50: | +119.13% | |
| Price / MA100: | +168.09% | |
| Price / MAexp7: | +2.44% | |
| Price / MAexp20: | +4.13% | |
| Price / MAexp50: | +3.70% | |
| Price / MAexp100: | +4.13% |
Quotes :
2020-07-03 17:23:33
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Real time data
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Cryptocompare
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