SYNTHETIX - SNX/USDT - 15 min. - Technical analysis published on 03/31/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 6.33 USDT
My targets
6.99 USDT (+2.49%)
7.35 USDT (+7.77%)
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 6.33 USDT. The next resistance located at 6.99 USDT is the next bullish objective 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 7.35 USDT. After this resistance, buyers could then target 8.01 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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This analysis was given by mickaastrup. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SYNTHETIX - SNX/USDT price is 6.82 USDT. The price has increased by +2.87% since the last closing with the lowest point at 6.60 USDT and the highest point at 6.90 USDT. The deviation from the price is +3.33% for the low point and -1.16% for the high point.6.60
6.90
6.82
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
Here is a more detailed summary of the historical variations registered by SYNTHETIX - SNX/USDT:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on SYNTHETIX - SNX/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 15 min. chart of SYNTHETIX - SNX/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.84 | 6.08 | 6.65 | 6.82 | 7.18 | 9.25 | 11.23 |
| Change (%) | -14.37% | -10.85% | -2.49% | - | +5.28% | +35.63% | +64.66% |
| Change | -0.98 | -0.74 | -0.17 | - | +0.36 | +2.43 | +4.41 |
| Level | Minor | Minor | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.95 | 5.31 | 5.97 | 6.33 | 6.99 | 7.35 | 8.01 |
| Camarilla | 6.35 | 6.44 | 6.54 | 6.63 | 6.72 | 6.82 | 6.91 |
| Woodie | 5.10 | 5.39 | 6.12 | 6.41 | 7.14 | 7.43 | 8.16 |
| Fibonacci | 5.31 | 5.70 | 5.94 | 6.33 | 6.72 | 6.96 | 7.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.22 | 4.57 | 4.84 | 5.19 | 5.46 | 5.81 | 6.08 |
| Camarilla | 4.95 | 5.01 | 5.06 | 5.12 | 5.18 | 5.23 | 5.29 |
| Woodie | 4.19 | 4.55 | 4.81 | 5.17 | 5.43 | 5.79 | 6.05 |
| Fibonacci | 4.57 | 4.80 | 4.95 | 5.19 | 5.42 | 5.57 | 5.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.54 | 1.93 | 3.05 | 4.44 | 5.56 | 6.95 | 8.07 |
| Camarilla | 3.47 | 3.70 | 3.93 | 4.16 | 4.39 | 4.62 | 4.85 |
| Woodie | 0.40 | 1.86 | 2.91 | 4.37 | 5.42 | 6.88 | 7.93 |
| Fibonacci | 1.93 | 2.89 | 3.49 | 4.44 | 5.40 | 6.00 | 6.95 |
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): | 71.37 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 24.51 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 6.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.63 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 6.66 | |
| Zig ZAG (10): | 6.87 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 95.03 | |
| TEMA (21): | 6.82 | |
| Williams %R (14): | -12.83 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | 0.5900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 8.34 |
| MA7: | 5.74 | |
| MA20: | 5.04 | |
| MA50: | 4.55 | |
| MA100: | 4.96 | |
| MAexp7: | 6.79 | |
| MAexp20: | 6.68 | |
| MAexp50: | 6.54 | |
| MAexp100: | 6.35 | |
| Price / MA7: | +18.82% | |
| Price / MA20: | +35.32% | |
| Price / MA50: | +49.89% | |
| Price / MA100: | +37.50% | |
| Price / MAexp7: | +0.44% | |
| Price / MAexp20: | +2.10% | |
| Price / MAexp50: | +4.28% | |
| Price / MAexp100: | +7.40% |
Quotes :
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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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