WORLDWIDE ASSET EXCHANGE - WAXP/USD - 1H - Technical analysis published on 11/05/2022 (GMT)
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- Timeframe : 1H
- - 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
50%
17%
33%
My opinion
Bullish above 0.083796 USD
My targets
0.089093 USD (+2.48%)
0.093647 USD (+7.71%)
My analysis
The bullish trend is currently very strong on WORLDWIDE ASSET EXCHANGE - WAXP/USD. As long as the price remains above the support at 0.083796 USD, you could try to benefit from the boom. The first bullish objective is located at 0.089093 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.093647 USD as an objective. Crossing it would then enable buyers to target 0.106233 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
WORLDWIDE ASSET EXCHANGE - WAXP/USD rating 0.086940 USD. On the day, this instrument lost -0.02% with the lowest point at 0.086940 USD and the highest point at 0.089160 USD. The deviation from the price is 0% for the low point and -2.49% for the high point.0.086940
0.089160
0.086940
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this WORLDWIDE ASSET EXCHANGE - WAXP/USD chart shows a strongly bullish trend. 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 scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.079810 | 0.082022 | 0.083796 | 0.086940 | 0.106233 | 0.127144 | 0.278200 |
| Change (%) | -8.20% | -5.66% | -3.62% | - | +22.19% | +46.24% | +219.99% |
| Change | -0.007130 | -0.004918 | -0.003144 | - | +0.019293 | +0.040204 | +0.191260 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.070027 | 0.073413 | 0.080187 | 0.083573 | 0.090347 | 0.093733 | 0.100507 |
| Camarilla | 0.084166 | 0.085097 | 0.086029 | 0.086960 | 0.087891 | 0.088823 | 0.089754 |
| Woodie | 0.071720 | 0.074260 | 0.081880 | 0.084420 | 0.092040 | 0.094580 | 0.102200 |
| Fibonacci | 0.073413 | 0.077295 | 0.079692 | 0.083573 | 0.087455 | 0.089852 | 0.093733 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.071717 | 0.074473 | 0.079027 | 0.081783 | 0.086337 | 0.089093 | 0.093647 |
| Camarilla | 0.081570 | 0.082240 | 0.082910 | 0.083580 | 0.084250 | 0.084920 | 0.085590 |
| Woodie | 0.072615 | 0.074923 | 0.079925 | 0.082233 | 0.087235 | 0.089543 | 0.094545 |
| Fibonacci | 0.074473 | 0.077266 | 0.078991 | 0.081783 | 0.084576 | 0.086301 | 0.089093 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.061903 | 0.068217 | 0.075903 | 0.082217 | 0.089903 | 0.096217 | 0.103903 |
| Camarilla | 0.079740 | 0.081023 | 0.082307 | 0.083590 | 0.084873 | 0.086157 | 0.087440 |
| Woodie | 0.062590 | 0.068560 | 0.076590 | 0.082560 | 0.090590 | 0.096560 | 0.104590 |
| Fibonacci | 0.068217 | 0.073565 | 0.076869 | 0.082217 | 0.087565 | 0.090869 | 0.096217 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.14 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | 20.038296 | |
| AROON (14): | 64.285714 | |
| DEMA (21): | 0.088221 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.089160 | |
| Elder Ray (13): | 0.000425 | |
| Super Trend (3,10): | 0.086363 | |
| Zig ZAG (10): | 0.087230 | |
| VORTEX (21): | 1.0622 | |
| Stochastique (14,3,5): | 69.06 | |
| TEMA (21): | 0.088302 | |
| Williams %R (14): | -43.27 | |
| Chande Momentum Oscillator (20): | 0.001000 | |
| Repulse (5,40,3): | -1.1579 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1861 | |
| Courbe Coppock: | 5.59 |
| MA7: | 0.083479 | |
| MA20: | 0.081603 | |
| MA50: | 0.083669 | |
| MA100: | 0.094564 | |
| MAexp7: | 0.087657 | |
| MAexp20: | 0.086863 | |
| MAexp50: | 0.085161 | |
| MAexp100: | 0.084026 | |
| Price / MA7: | +4.15% | |
| Price / MA20: | +6.54% | |
| Price / MA50: | +3.91% | |
| Price / MA100: | -8.06% | |
| Price / MAexp7: | -0.82% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | +2.09% | |
| Price / MAexp100: | +3.47% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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