INJECTIVE - INJ/USDT - 15 min. - Technical analysis published on 10/25/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.94 USDT
My targets
2.03 USDT (+0.85%)
2.04 USDT (+1.49%)
My analysis
The basic bullish trend is very strong on INJECTIVE PROTOCOL - INJ/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1.94 USDT. Crossing the first resistance at 2.03 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 2.04 USDT as an objective. Crossing it would then enable buyers to target 2.14 USDT. Caution, a return to below 1.94 USDT would be a sign of a consolidation phase in the short-term basic trend. 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
8.6
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Additional analysis
Quotes
The INJECTIVE PROTOCOL - INJ/USDT rating is 2.01 USDT. On the day, this instrument gained +6.35% and was between 1.89 USDT and 2.01 USDT. This implies that the price is at +6.35% from its lowest and at 0% from its highest.1.89
2.01
2.01
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by INJECTIVE PROTOCOL - INJ/USDT:
Technical
A technical analysis in 15 min. of this INJECTIVE PROTOCOL - INJ/USDT chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals 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, 17 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
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 1
Type : Neutral
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
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 | 1.82 | 1.86 | 1.98 | 2.01 | 2.04 | 2.14 | 2.25 |
| Change (%) | -9.45% | -7.46% | -1.49% | - | +1.49% | +6.47% | +11.94% |
| Change | -0.19 | -0.15 | -0.03 | - | +0.03 | +0.13 | +0.24 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.76 | 1.80 | 1.85 | 1.89 | 1.94 | 1.98 | 2.03 |
| Camarilla | 1.87 | 1.87 | 1.88 | 1.89 | 1.90 | 1.91 | 1.92 |
| Woodie | 1.76 | 1.80 | 1.85 | 1.89 | 1.94 | 1.98 | 2.03 |
| Fibonacci | 1.80 | 1.84 | 1.86 | 1.89 | 1.93 | 1.95 | 1.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.21 | 1.48 | 1.70 | 1.97 | 2.19 | 2.46 | 2.68 |
| Camarilla | 1.78 | 1.82 | 1.87 | 1.91 | 1.96 | 2.00 | 2.05 |
| Woodie | 1.18 | 1.47 | 1.67 | 1.96 | 2.16 | 2.45 | 2.65 |
| Fibonacci | 1.48 | 1.67 | 1.79 | 1.97 | 2.16 | 2.28 | 2.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.78 | 1.11 | 1.40 | 1.73 | 2.02 | 2.35 | 2.64 |
| Camarilla | 1.53 | 1.59 | 1.64 | 1.70 | 1.76 | 1.81 | 1.87 |
| Woodie | 0.77 | 1.10 | 1.39 | 1.72 | 2.01 | 2.34 | 2.63 |
| Fibonacci | 1.11 | 1.34 | 1.49 | 1.73 | 1.96 | 2.11 | 2.35 |
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): | 77.21 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 33.50 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 1.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.92 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 1.93 | |
| Zig ZAG (10): | 1.96 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 88.21 | |
| TEMA (21): | 1.95 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 0.9900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 4.25 |
| MA7: | 1.92 | |
| MA20: | 1.89 | |
| MA50: | 1.75 | |
| MA100: | 1.67 | |
| MAexp7: | 1.94 | |
| MAexp20: | 1.93 | |
| MAexp50: | 1.92 | |
| MAexp100: | 1.91 | |
| Price / MA7: | +4.69% | |
| Price / MA20: | +6.35% | |
| Price / MA50: | +14.86% | |
| Price / MA100: | +20.36% | |
| Price / MAexp7: | +3.61% | |
| Price / MAexp20: | +4.15% | |
| Price / MAexp50: | +4.69% | |
| Price / MAexp100: | +5.24% |
Quotes :
-
Real time data
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Cryptocompare
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