INJECTIVE - INJ/USDT - 1H - Technical analysis published on 03/12/2023 (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
83%
6%
11%
My opinion
Bullish above 3.26 USDT
My targets
3.39 USDT (+1.50%)
3.59 USDT (+7.49%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INJECTIVE - INJ/USDT as long as the price remains well above 3.26 USDT. The buyers' bullish objective is set at 3.39 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.59 USDT. If there is any crossing, the next objective would be the resistance located at 3.73 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INJECTIVE - INJ/USDT price is 3.34 USDT. On the day, this instrument gained +7.40% and was between 2.97 USDT and 3.34 USDT. This implies that the price is at +12.46% from its lowest and at 0% from its highest.2.97
3.34
3.34
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of INJECTIVE - INJ/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 2.85 | 3.13 | 3.26 | 3.34 | 3.39 | 3.73 | 4.14 |
| Change (%) | -14.67% | -6.29% | -2.40% | - | +1.50% | +11.68% | +23.95% |
| Change | -0.49 | -0.21 | -0.08 | - | +0.05 | +0.39 | +0.80 |
| Level | Intermediate | Major | Minor | - | Major | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 2.42 | 2.62 | 2.86 | 3.06 | 3.30 | 3.50 | 3.74 |
| Camarilla | 2.99 | 3.03 | 3.07 | 3.11 | 3.15 | 3.19 | 3.23 |
| Woodie | 2.45 | 2.63 | 2.89 | 3.07 | 3.33 | 3.51 | 3.77 |
| Fibonacci | 2.62 | 2.79 | 2.89 | 3.06 | 3.23 | 3.33 | 3.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.49 | 1.97 | 2.54 | 3.02 | 3.59 | 4.07 | 4.64 |
| Camarilla | 2.82 | 2.92 | 3.01 | 3.11 | 3.21 | 3.30 | 3.40 |
| Woodie | 1.54 | 1.99 | 2.59 | 3.04 | 3.64 | 4.09 | 4.69 |
| Fibonacci | 1.97 | 2.37 | 2.62 | 3.02 | 3.42 | 3.67 | 4.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.48 | 2.25 | 2.98 | 3.75 | 4.48 | 5.25 | 5.98 |
| Camarilla | 3.31 | 3.45 | 3.58 | 3.72 | 3.86 | 4.00 | 4.13 |
| Woodie | 1.47 | 2.24 | 2.97 | 3.74 | 4.47 | 5.24 | 5.97 |
| Fibonacci | 2.25 | 2.82 | 3.17 | 3.75 | 4.32 | 4.67 | 5.25 |
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): | 60.07 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 16.01 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 3.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.99 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 2.94 | |
| Zig ZAG (10): | 3.19 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 76.07 | |
| TEMA (21): | 3.16 | |
| Williams %R (14): | -16.72 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 1.9300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 0.24 |
| MA7: | 3.05 | |
| MA20: | 3.56 | |
| MA50: | 3.10 | |
| MA100: | 2.29 | |
| MAexp7: | 3.15 | |
| MAexp20: | 3.10 | |
| MAexp50: | 3.04 | |
| MAexp100: | 3.03 | |
| Price / MA7: | +9.51% | |
| Price / MA20: | -6.18% | |
| Price / MA50: | +7.74% | |
| Price / MA100: | +45.85% | |
| Price / MAexp7: | +6.03% | |
| Price / MAexp20: | +7.74% | |
| Price / MAexp50: | +9.87% | |
| Price / MAexp100: | +10.23% |
Quotes :
-
Real time data
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