WORLDWIDE ASSET EXCHANGE - WAXP/USD - 1H - Technical analysis published on 11/26/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.061500 USD
My targets
0.054417 USD (-8.80%)
0.051842 USD (-13.12%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on WORLDWIDE ASSET EXCHANGE - WAXP/USD as long as the price remains well below 0.061500 USD. The next bearish objective for sellers is set at 0.054417 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.051842 USD. In case of crossing, the next objective would be the support located at 0.034516 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2
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Additional analysis
Quotes
The WORLDWIDE ASSET EXCHANGE - WAXP/USD rating is 0.059670 USD. On the day, this instrument lost -0.22% and was traded between 0.055110 USD and 0.061300 USD over the period. The price is currently at +8.27% from its lowest and -2.66% from its highest.0.055110
0.061300
0.059670
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
Technical
Technical analysis of WORLDWIDE ASSET EXCHANGE - WAXP/USD in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.051842 | 0.054417 | 0.059657 | 0.059670 | 0.061500 | 0.062800 | 0.067010 |
| Change (%) | -13.12% | -8.80% | -0.02% | - | +3.07% | +5.25% | +12.30% |
| Change | -0.007828 | -0.005253 | -0.000013 | - | +0.001830 | +0.003130 | +0.007340 |
| Level | Major | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.054267 | 0.056533 | 0.058167 | 0.060433 | 0.062067 | 0.064333 | 0.065967 |
| Camarilla | 0.058728 | 0.059085 | 0.059443 | 0.059800 | 0.060158 | 0.060515 | 0.060873 |
| Woodie | 0.053950 | 0.056375 | 0.057850 | 0.060275 | 0.061750 | 0.064175 | 0.065650 |
| Fibonacci | 0.056533 | 0.058023 | 0.058944 | 0.060433 | 0.061923 | 0.062844 | 0.064333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038683 | 0.042967 | 0.049803 | 0.054087 | 0.060923 | 0.065207 | 0.072043 |
| Camarilla | 0.053582 | 0.054601 | 0.055621 | 0.056640 | 0.057659 | 0.058679 | 0.059698 |
| Woodie | 0.039960 | 0.043605 | 0.051080 | 0.054725 | 0.062200 | 0.065845 | 0.073320 |
| Fibonacci | 0.042967 | 0.047215 | 0.049839 | 0.054087 | 0.058335 | 0.060959 | 0.065207 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.063277 | 0.068903 | 0.076247 | 0.081873 | 0.089217 | 0.094843 | 0.102187 |
| Camarilla | 0.080023 | 0.081212 | 0.082401 | 0.083590 | 0.084779 | 0.085968 | 0.087157 |
| Woodie | 0.064135 | 0.069333 | 0.077105 | 0.082303 | 0.090075 | 0.095273 | 0.103045 |
| Fibonacci | 0.068903 | 0.073858 | 0.076919 | 0.081873 | 0.086828 | 0.089889 | 0.094843 |
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): | 40.21 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -20.744803 | |
| AROON (14): | -14.285715 | |
| DEMA (21): | 0.060006 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.055416 | |
| Elder Ray (13): | -0.000149 | |
| Super Trend (3,10): | 0.060669 | |
| Zig ZAG (10): | 0.059580 | |
| VORTEX (21): | 0.9568 | |
| Stochastique (14,3,5): | 80.97 | |
| TEMA (21): | 0.060083 | |
| Williams %R (14): | -25.38 | |
| Chande Momentum Oscillator (20): | -0.000820 | |
| Repulse (5,40,3): | -1.4080 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0018 | |
| Courbe Coppock: | 0.49 |
| MA7: | 0.058600 | |
| MA20: | 0.058623 | |
| MA50: | 0.072647 | |
| MA100: | 0.082644 | |
| MAexp7: | 0.060004 | |
| MAexp20: | 0.060035 | |
| MAexp50: | 0.060056 | |
| MAexp100: | 0.059509 | |
| Price / MA7: | +1.83% | |
| Price / MA20: | +1.79% | |
| Price / MA50: | -17.86% | |
| Price / MA100: | -27.80% | |
| Price / MAexp7: | -0.56% | |
| Price / MAexp20: | -0.61% | |
| Price / MAexp50: | -0.64% | |
| Price / MAexp100: | +0.27% |
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.
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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