INJECTIVE - INJ/USDT - 1H - Technical analysis published on 04/15/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 7.98 USDT
My targets
8.20 USDT (+0.45%)
8.91 USDT (+9.19%)
My analysis
The bullish trend is currently very strong on INJECTIVE - INJ/USDT. As long as the price remains above the support at 7.98 USDT, you could try to benefit from the boom. The first bullish objective is located at 8.20 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 8.91 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.6
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Additional analysis
Quotes
The INJECTIVE - INJ/USDT rating is 8.16 USDT. The price has increased by +0.87% since the last closing with the lowest point at 7.86 USDT and the highest point at 8.32 USDT. The deviation from the price is +3.82% for the low point and -1.92% for the high point.7.86
8.32
8.16
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by INJECTIVE - INJ/USDT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
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 currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.59 | 7.01 | 7.98 | 8.16 | 8.91 | 10.53 | 15.51 |
| Change (%) | -19.24% | -14.09% | -2.21% | - | +9.19% | +29.04% | +90.07% |
| Change | -1.57 | -1.15 | -0.18 | - | +0.75 | +2.37 | +7.35 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | 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 | 4.70 | 5.70 | 6.90 | 7.90 | 9.10 | 10.10 | 11.30 |
| Camarilla | 7.49 | 7.69 | 7.89 | 8.09 | 8.29 | 8.49 | 8.70 |
| Woodie | 4.79 | 5.75 | 6.99 | 7.95 | 9.19 | 10.15 | 11.39 |
| Fibonacci | 5.70 | 6.54 | 7.06 | 7.90 | 8.74 | 9.26 | 10.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.72 | 4.29 | 4.85 | 5.42 | 5.98 | 6.55 | 7.11 |
| Camarilla | 5.10 | 5.20 | 5.31 | 5.41 | 5.51 | 5.62 | 5.72 |
| Woodie | 3.72 | 4.29 | 4.85 | 5.42 | 5.98 | 6.55 | 7.11 |
| Fibonacci | 4.29 | 4.72 | 4.99 | 5.42 | 5.85 | 6.12 | 6.55 |
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): | 59.32 | |
| MACD (12,26,9): | 0.3100 | |
| Directional Movement: | 15.30 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 8.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.77 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 7.94 | |
| Zig ZAG (10): | 8.27 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 53.48 | |
| TEMA (21): | 8.52 | |
| Williams %R (14): | -60.68 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 0.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7400 | |
| Courbe Coppock: | 21.38 |
| MA7: | 6.89 | |
| MA20: | 5.69 | |
| MA50: | 4.56 | |
| MA100: | 3.51 | |
| MAexp7: | 8.26 | |
| MAexp20: | 8.05 | |
| MAexp50: | 7.52 | |
| MAexp100: | 7.05 | |
| Price / MA7: | +18.43% | |
| Price / MA20: | +43.41% | |
| Price / MA50: | +78.95% | |
| Price / MA100: | +132.48% | |
| Price / MAexp7: | -1.21% | |
| Price / MAexp20: | +1.37% | |
| Price / MAexp50: | +8.51% | |
| Price / MAexp100: | +15.74% |
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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