SXP - SXP/USDT - 15 min. - Technical analysis published on 08/02/2020 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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
Court terme:
Neutral
De fond:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 1.66 USDT
My targets
1.51 USDT (-4.78%)
1.40 USDT (-12.20%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.66 USDT remains possible. It is advisable to trade SWIPE - SXP/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.66 USDT. The next bearish objective for sellers is set at 1.51 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.40 USDT. In case of crossing, the next objective would be the support located at 1.18 USDT. PS: if there is a bullish break in the resistance located at 1.66 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2
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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 SWIPE - SXP/USDT rating is 1.59 USDT. On the day, this instrument lost -2.45% with the lowest point at 1.41 USDT and the highest point at 1.68 USDT. The deviation from the price is +12.77% for the low point and -5.36% for the high point.1.41
1.68
1.59
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 15 min. of this SWIPE - SXP/USDT chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1.28 | 1.39 | 1.52 | 1.59 | 1.65 | 1.75 | 2.02 |
| Change (%) | -19.50% | -12.58% | -4.40% | - | +3.77% | +10.06% | +27.04% |
| Change | -0.31 | -0.20 | -0.07 | - | +0.06 | +0.16 | +0.43 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.18 | 1.40 | 1.51 | 1.73 | 1.84 | 2.06 | 2.17 |
| Camarilla | 1.54 | 1.57 | 1.60 | 1.63 | 1.66 | 1.69 | 1.72 |
| Woodie | 1.14 | 1.37 | 1.47 | 1.70 | 1.80 | 2.03 | 2.13 |
| Fibonacci | 1.40 | 1.52 | 1.60 | 1.73 | 1.85 | 1.93 | 2.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.48 | 0.88 | 1.26 | 1.66 | 2.03 | 2.44 | 2.81 |
| Camarilla | 1.42 | 1.49 | 1.56 | 1.63 | 1.70 | 1.78 | 1.85 |
| Woodie | 0.47 | 0.88 | 1.25 | 1.65 | 2.02 | 2.43 | 2.80 |
| Fibonacci | 0.88 | 1.18 | 1.36 | 1.66 | 1.96 | 2.14 | 2.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.01 | -0.25 | 0.75 | 1.51 | 2.52 | 3.28 | 4.28 |
| Camarilla | 1.27 | 1.44 | 1.60 | 1.76 | 1.92 | 2.08 | 2.24 |
| Woodie | -0.89 | -0.19 | 0.88 | 1.57 | 2.64 | 3.34 | 4.40 |
| Fibonacci | -0.25 | 0.42 | 0.84 | 1.51 | 2.19 | 2.60 | 3.28 |
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): | 49.16 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -4.99 | |
| AROON (14): | 0 | |
| DEMA (21): | 1.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.48 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.62 | |
| Zig ZAG (10): | 1.60 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 78.86 | |
| TEMA (21): | 1.58 | |
| Williams %R (14): | -15.82 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 0.2200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1800 | |
| Courbe Coppock: | 2.30 |
| MA7: | 1.60 | |
| MA20: | 1.47 | |
| MA50: | 0.90 | |
| MA100: | 0.70 | |
| MAexp7: | 1.59 | |
| MAexp20: | 1.58 | |
| MAexp50: | 1.62 | |
| MAexp100: | 1.66 | |
| Price / MA7: | -0.63% | |
| Price / MA20: | +8.16% | |
| Price / MA50: | +76.67% | |
| Price / MA100: | +127.14% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.63% | |
| Price / MAexp50: | -1.85% | |
| Price / MAexp100: | -4.22% |
Quotes :
2020-08-02 08:16:50
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Real time data
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Cryptocompare
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