WORLDWIDE ASSET EXCHANGE - WAXP/USD
WORLDWIDE ASSET EXCHANGE - WAXP/USD
- USD (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: WAXPUSD
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WORLDWIDE ASSET EXCHANGE - WAXP/USD - Daily - Technical analysis published on 11/08/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 0.096217 USD
My targets
0.082217 USD (-2.60%)
0.075903 USD (-10.08%)
My analysis
In a bearish trend, the price of WORLDWIDE ASSET EXCHANGE - WAXP/USD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.096217 USD. A bearish break in the support located at 0.082217 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.075903 USD. Then 0.068217 USD by extension. It would be safer to wait for a bearish break in the support located at 0.082217 USD before allowing yourself to re trade short positions (for sale) on WORLDWIDE ASSET EXCHANGE - WAXP/USD. PS: if there is a bullish break in the resistance located at 0.096217 USD 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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The WORLDWIDE ASSET EXCHANGE - WAXP/USD rating is 0.084410 USD. The price registered a decrease of -0.01% on the session with the lowest point at 0.084410 USD and the highest point at 0.084410 USD. The deviation from the price is 0% for the low point and 0% for the high point.

0.084410
0.084410
0.084410

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in Daily of this WORLDWIDE ASSET EXCHANGE - WAXP/USD chart shows a bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near horizontal support

Type : Bullish

Timeframe : Daily



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily


Bearish harami cross

Type : Bearish

Timeframe : Daily




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.083796 0.084410 0.106233 0.127144 0.278200
Change (%) -0.73% - +25.85% +50.63% +229.58%
Change -0.000614 - +0.021823 +0.042734 +0.193790
Level Major - Intermediate Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0762800.0786400.0815300.0838900.0867800.0891400.092030
Camarilla0.0829760.0834580.0839390.0844200.0849010.0853830.085864
Woodie0.0765450.0787730.0817950.0840230.0870450.0892730.092295
Fibonacci0.0786400.0806460.0818850.0838900.0858960.0871350.089140


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0658970.0709330.0790870.0841230.0922770.0973130.105467
Camarilla0.0836130.0848220.0860310.0872400.0884490.0896580.090867
Woodie0.0674550.0717130.0806450.0849030.0938350.0980930.107025
Fibonacci0.0709330.0759720.0790850.0841230.0891620.0922750.097313


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0619030.0682170.0759030.0822170.0899030.0962170.103903
Camarilla0.0797400.0810230.0823070.0835900.0848730.0861570.087440
Woodie0.0625900.0685600.0765900.0825600.0905900.0965600.104590
Fibonacci0.0682170.0735650.0768690.0822170.0875650.0908690.096217

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): 53.00
MACD (12,26,9): 0.0004
Directional Movement: -2.353354
AROON (14): 21.428572
DEMA (21): 0.083513
Parabolic SAR (0,02-0,02-0,2): 0.078228
Elder Ray (13): 0.000718
Super Trend (3,10): 0.087659
Zig ZAG (10): 0.084410
VORTEX (21): 1.0698
Stochastique (14,3,5): 56.68
TEMA (21): 0.085275
Williams %R (14): -45.16
Chande Momentum Oscillator (20): 0.002020
Repulse (5,40,3): 1.0161
ROCnROLL: -1
TRIX (15,9): -0.0095
Courbe Coppock: 10.54
MA7: 0.084139
MA20: 0.082231
MA50: 0.083397
MA100: 0.093912
MAexp7: 0.084380
MAexp20: 0.083311
MAexp50: 0.085328
MAexp100: 0.095770
Price / MA7: +0.32%
Price / MA20: +2.65%
Price / MA50: +1.21%
Price / MA100: -10.12%
Price / MAexp7: +0.04%
Price / MAexp20: +1.32%
Price / MAexp50: -1.08%
Price / MAexp100: -11.86%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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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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