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
50%
22%
28%
My opinion
Bullish above 4.96 USDT
My targets
5.22 USDT (+3.98%)
5.77 USDT (+14.88%)
My analysis
INJECTIVE - INJ/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.96 USDT. The next resistance located at 5.22 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 5.77 USDT. After this resistance, buyers could then target 10.53 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
7
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This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
INJECTIVE - INJ/USDT rating 5.02 USDT. On the day, this instrument lost -3.09% and was between 4.96 USDT and 5.23 USDT. This implies that the price is at +1.21% from its lowest and at -4.02% from its highest.4.96
5.23
5.02
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
A study of price movements over other periods shows the following variations:
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 detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of INJECTIVE - INJ/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
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 setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
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 | 5.02 | 5.22 | 10.53 | 15.51 |
| Change (%) | -8.96% | -3.78% | -1.20% | - | +3.98% | +109.76% | +208.96% |
| Change | -0.45 | -0.19 | -0.06 | - | +0.20 | +5.51 | +10.49 |
| Level | Intermediate | Major | Intermediate | - | Minor | 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 | 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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 59.05 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 10.69 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 5.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.77 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 4.91 | |
| Zig ZAG (10): | 4.99 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 48.22 | |
| TEMA (21): | 5.08 | |
| Williams %R (14): | -53.45 | |
| Chande Momentum Oscillator (20): | 0.16 | |
| Repulse (5,40,3): | -1.7700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 12.53 |
| MA7: | 4.56 | |
| MA20: | 4.32 | |
| MA50: | 3.87 | |
| MA100: | 2.86 | |
| MAexp7: | 5.01 | |
| MAexp20: | 4.93 | |
| MAexp50: | 4.75 | |
| MAexp100: | 4.55 | |
| Price / MA7: | +10.09% | |
| Price / MA20: | +16.20% | |
| Price / MA50: | +29.72% | |
| Price / MA100: | +75.52% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +1.83% | |
| Price / MAexp50: | +5.68% | |
| Price / MAexp100: | +10.33% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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