MATH - MATH/USD - 1H - Technical analysis published on 03/23/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 0.201567 USD
My targets
0.191700 USD (-1.39%)
0.183100 USD (-5.81%)
My analysis
The bearish basic trend is very strong on MATH - MATH/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.201567 USD. Crossing the first support at 0.191700 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.183100 USD as an objective. Crossing it would then enable sellers to target 0.169050 USD. Caution, a return to above the resistance located at 0.201567 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
3.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MATH - MATH/USD rating is 0.194400 USD. On the day, this instrument lost -0.41% and was between 0.189600 USD and 0.196500 USD. This implies that the price is at +2.53% from its lowest and at -1.07% from its highest.0.189600
0.196500
0.194400
Here is a more detailed summary of the historical variations registered by MATH - MATH/USD:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of MATH - MATH/USD in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.148900 | 0.169050 | 0.191700 | 0.194400 | 0.201567 | 0.212885 | 0.225300 |
| Change (%) | -23.41% | -13.04% | -1.39% | - | +3.69% | +9.51% | +15.90% |
| Change | -0.045500 | -0.025350 | -0.002700 | - | +0.007167 | +0.018485 | +0.030900 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Intermediate |
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 | 0.163233 | 0.176667 | 0.185933 | 0.199367 | 0.208633 | 0.222067 | 0.231333 |
| Camarilla | 0.188958 | 0.191038 | 0.193119 | 0.195200 | 0.197281 | 0.199362 | 0.201443 |
| Woodie | 0.161150 | 0.175625 | 0.183850 | 0.198325 | 0.206550 | 0.221025 | 0.229250 |
| Fibonacci | 0.176667 | 0.185338 | 0.190695 | 0.199367 | 0.208038 | 0.213395 | 0.222067 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.094800 | 0.153200 | 0.183100 | 0.241500 | 0.271400 | 0.329800 | 0.359700 |
| Camarilla | 0.188718 | 0.196812 | 0.204906 | 0.213000 | 0.221094 | 0.229188 | 0.237283 |
| Woodie | 0.080550 | 0.146075 | 0.168850 | 0.234375 | 0.257150 | 0.322675 | 0.345450 |
| Fibonacci | 0.153200 | 0.186931 | 0.207769 | 0.241500 | 0.275231 | 0.296069 | 0.329800 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.063567 | 0.103533 | 0.147667 | 0.187633 | 0.231767 | 0.271733 | 0.315867 |
| Camarilla | 0.168673 | 0.176382 | 0.184091 | 0.191800 | 0.199509 | 0.207218 | 0.214928 |
| Woodie | 0.065650 | 0.104575 | 0.149750 | 0.188675 | 0.233850 | 0.272775 | 0.317950 |
| Fibonacci | 0.103533 | 0.135660 | 0.155507 | 0.187633 | 0.219760 | 0.239607 | 0.271733 |
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): | 48.03 | |
| MACD (12,26,9): | -0.0025 | |
| Directional Movement: | 0.441909 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.191574 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.189600 | |
| Elder Ray (13): | 0.000131 | |
| Super Trend (3,10): | 0.201332 | |
| Zig ZAG (10): | 0.195200 | |
| VORTEX (21): | 0.9108 | |
| Stochastique (14,3,5): | 44.80 | |
| TEMA (21): | 0.191350 | |
| Williams %R (14): | -28.21 | |
| Chande Momentum Oscillator (20): | 0.001700 | |
| Repulse (5,40,3): | 1.5399 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2161 | |
| Courbe Coppock: | 4.83 |
| MA7: | 0.209700 | |
| MA20: | 0.225365 | |
| MA50: | 0.196270 | |
| MA100: | 0.191342 | |
| MAexp7: | 0.193274 | |
| MAexp20: | 0.195057 | |
| MAexp50: | 0.199650 | |
| MAexp100: | 0.205159 | |
| Price / MA7: | -7.30% | |
| Price / MA20: | -13.74% | |
| Price / MA50: | -0.95% | |
| Price / MA100: | +1.60% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | -0.34% | |
| Price / MAexp50: | -2.63% | |
| Price / MAexp100: | -5.24% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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