INJECTIVE - INJ/USDT - 1H - Technical analysis published on 04/07/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 5.63 USDT
My targets
5.82 USDT (+2.28%)
5.99 USDT (+5.27%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on INJECTIVE - INJ/USDT. As long as you are above the support located at 5.63 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 5.82 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 5.99 USDT as an objective. Crossing it would then enable buyers to target 10.53 USDT. If the support 5.63 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.2
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INJECTIVE - INJ/USDT price is 5.69 USDT. The price has increased by +1.25% since the last closing and was traded between 5.56 USDT and 5.99 USDT over the period. The price is currently at +2.34% from its lowest and -5.01% from its highest.5.56
5.99
5.69
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on INJECTIVE - INJ/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of INJECTIVE - INJ/USDT in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.83 | 5.22 | 5.63 | 5.69 | 5.82 | 5.99 | 10.53 |
| Change (%) | -15.11% | -8.26% | -1.05% | - | +2.28% | +5.27% | +85.06% |
| Change | -0.86 | -0.47 | -0.06 | - | +0.13 | +0.30 | +4.84 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | 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 | 4.58 | 4.87 | 5.25 | 5.54 | 5.92 | 6.21 | 6.59 |
| Camarilla | 5.44 | 5.50 | 5.56 | 5.62 | 5.68 | 5.74 | 5.80 |
| Woodie | 4.62 | 4.89 | 5.29 | 5.56 | 5.96 | 6.23 | 6.63 |
| Fibonacci | 4.87 | 5.13 | 5.29 | 5.54 | 5.80 | 5.96 | 6.21 |
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): | 51.57 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 9.00 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 5.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.79 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 5.56 | |
| Zig ZAG (10): | 5.70 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 20.53 | |
| TEMA (21): | 5.73 | |
| Williams %R (14): | -82.23 | |
| Chande Momentum Oscillator (20): | -0.19 | |
| Repulse (5,40,3): | -1.4100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 1.83 |
| MA7: | 5.50 | |
| MA20: | 4.66 | |
| MA50: | 4.08 | |
| MA100: | 3.07 | |
| MAexp7: | 5.71 | |
| MAexp20: | 5.71 | |
| MAexp50: | 5.63 | |
| MAexp100: | 5.49 | |
| Price / MA7: | +3.45% | |
| Price / MA20: | +22.10% | |
| Price / MA50: | +39.46% | |
| Price / MA100: | +85.34% | |
| Price / MAexp7: | -0.35% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | +1.07% | |
| Price / MAexp100: | +3.64% |
Quotes :
-
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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