INJECTIVE - INJ/USDT - 1H - Technical analysis published on 04/02/2023 (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
72%
6%
22%
My opinion
Bullish above 4.96 USDT
My targets
5.22 USDT (+4.19%)
5.77 USDT (+15.11%)
My analysis
The bullish trend is currently very strong on INJECTIVE - INJ/USDT. As long as the price remains above the support at 4.96 USDT, you could try to benefit from the boom. The first bullish objective is located at 5.22 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.77 USDT as an objective. Crossing it would then enable buyers to target 10.53 USDT. 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.
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
8.2
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Additional analysis
Quotes
INJECTIVE - INJ/USDT rating 5.01 USDT. The price is lower by -3.28% since the last closing and was traded between 5.00 USDT and 5.23 USDT over the period. The price is currently at +0.20% from its lowest and -4.21% from its highest.5.00
5.23
5.01
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 - INJ/USDT:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of INJECTIVE - INJ/USDT in 1H shows a strongly overall bullish trend. 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 currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.57 | 4.83 | 4.96 | 5.01 | 5.22 | 10.53 | 15.51 |
| Change (%) | -8.78% | -3.59% | -1.00% | - | +4.19% | +110.18% | +209.58% |
| Change | -0.44 | -0.18 | -0.05 | - | +0.21 | +5.52 | +10.50 |
| Level | Intermediate | Major | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.20 | 4.44 | 4.81 | 5.05 | 5.42 | 5.66 | 6.03 |
| Camarilla | 5.01 | 5.07 | 5.12 | 5.18 | 5.24 | 5.29 | 5.35 |
| Woodie | 4.27 | 4.47 | 4.88 | 5.08 | 5.49 | 5.69 | 6.10 |
| Fibonacci | 4.44 | 4.67 | 4.82 | 5.05 | 5.28 | 5.43 | 5.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.47 | 3.05 | 4.12 | 4.70 | 5.77 | 6.35 | 7.42 |
| Camarilla | 4.73 | 4.88 | 5.03 | 5.18 | 5.33 | 5.48 | 5.63 |
| Woodie | 2.71 | 3.17 | 4.36 | 4.82 | 6.01 | 6.47 | 7.66 |
| Fibonacci | 3.05 | 3.68 | 4.07 | 4.70 | 5.33 | 5.72 | 6.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.58 | 1.51 | 3.12 | 4.05 | 5.66 | 6.59 | 8.20 |
| Camarilla | 4.02 | 4.25 | 4.49 | 4.72 | 4.95 | 5.19 | 5.42 |
| Woodie | 0.91 | 1.68 | 3.45 | 4.22 | 5.99 | 6.76 | 8.53 |
| Fibonacci | 1.51 | 2.48 | 3.08 | 4.05 | 5.02 | 5.62 | 6.59 |
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): | 68.82 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 23.01 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 5.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.70 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 4.91 | |
| Zig ZAG (10): | 5.11 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 74.03 | |
| TEMA (21): | 5.12 | |
| Williams %R (14): | -29.84 | |
| Chande Momentum Oscillator (20): | 0.37 | |
| Repulse (5,40,3): | -2.1700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2800 | |
| Courbe Coppock: | 15.36 |
| MA7: | 4.58 | |
| MA20: | 4.33 | |
| MA50: | 3.87 | |
| MA100: | 2.86 | |
| MAexp7: | 5.07 | |
| MAexp20: | 4.91 | |
| MAexp50: | 4.72 | |
| MAexp100: | 4.53 | |
| Price / MA7: | +9.39% | |
| Price / MA20: | +15.70% | |
| Price / MA50: | +29.46% | |
| Price / MA100: | +75.17% | |
| Price / MAexp7: | -1.18% | |
| Price / MAexp20: | +2.04% | |
| Price / MAexp50: | +6.14% | |
| Price / MAexp100: | +10.60% |
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.
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