INJECTIVE - INJ/USDT - 1H - Technical analysis published on 04/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 8.56 USDT
My targets
9.30 USDT (+2.65%)
9.34 USDT (+3.12%)
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 8.56 USDT. The next resistance located at 9.30 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 9.34 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 confirm the bullish opinion of this analysis. 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
The INJECTIVE - INJ/USDT price is 9.06 USDT. The price has increased by +8.50% since the last closing and was between 8.31 USDT and 9.28 USDT. This implies that the price is at +9.03% from its lowest and at -2.37% from its highest.8.31
9.28
9.06
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of INJECTIVE - INJ/USDT in 1H shows a strongly overall bullish trend. 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 shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 7.98 | 8.26 | 8.56 | 9.06 | 9.30 | 10.53 | 15.51 |
| Change (%) | -11.92% | -8.83% | -5.52% | - | +2.65% | +16.23% | +71.19% |
| Change | -1.08 | -0.80 | -0.50 | - | +0.24 | +1.47 | +6.45 |
| Level | Minor | Minor | 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 | 6.59 | 7.22 | 7.78 | 8.41 | 8.97 | 9.60 | 10.16 |
| Camarilla | 8.02 | 8.13 | 8.24 | 8.35 | 8.46 | 8.57 | 8.68 |
| Woodie | 6.57 | 7.20 | 7.76 | 8.39 | 8.95 | 9.58 | 10.14 |
| Fibonacci | 7.22 | 7.67 | 7.95 | 8.41 | 8.86 | 9.14 | 9.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.62 | 5.36 | 6.48 | 8.22 | 9.34 | 11.08 | 12.20 |
| Camarilla | 6.82 | 7.09 | 7.35 | 7.61 | 7.87 | 8.13 | 8.40 |
| Woodie | 3.32 | 5.21 | 6.18 | 8.07 | 9.04 | 10.93 | 11.90 |
| Fibonacci | 5.36 | 6.45 | 7.12 | 8.22 | 9.31 | 9.98 | 11.08 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 62.73 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 14.13 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 9.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.57 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 8.50 | |
| Zig ZAG (10): | 9.18 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 79.19 | |
| TEMA (21): | 9.15 | |
| Williams %R (14): | -19.70 | |
| Chande Momentum Oscillator (20): | 0.38 | |
| Repulse (5,40,3): | 0.3100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2900 | |
| Courbe Coppock: | 6.66 |
| MA7: | 7.78 | |
| MA20: | 7.57 | |
| MA50: | 5.65 | |
| MA100: | 4.32 | |
| MAexp7: | 9.07 | |
| MAexp20: | 8.92 | |
| MAexp50: | 8.52 | |
| MAexp100: | 8.15 | |
| Price / MA7: | +16.45% | |
| Price / MA20: | +19.68% | |
| Price / MA50: | +60.35% | |
| Price / MA100: | +109.72% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | +1.57% | |
| Price / MAexp50: | +6.34% | |
| Price / MAexp100: | +11.17% |
Quotes :
-
Real time data
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