MATH - MATH/USD - 1H - Technical analysis published on 07/17/2024 (GMT)
- 190
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- 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
44%
17%
39%
My opinion
Bullish above 0.225122 USD
My targets
0.239378 USD (+3.36%)
0.250450 USD (+8.14%)
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 MATH - MATH/USD. As long as you are above the support located at 0.225122 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.239378 USD 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 0.250450 USD as an objective. Crossing it would then enable buyers to target 0.260900 USD. If the support 0.225122 USD 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 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
4.8
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 price is 0.231600 USD. The price is lower by -0.09% since the last closing and was between 0.230600 USD and 0.235400 USD. This implies that the price is at +0.43% from its lowest and at -1.61% from its highest.0.230600
0.235400
0.231600
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this MATH - MATH/USD chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.208033 | 0.214867 | 0.225122 | 0.231600 | 0.239378 | 0.250450 | 0.260900 |
| Change (%) | -10.18% | -7.22% | -2.80% | - | +3.36% | +8.14% | +12.65% |
| Change | -0.023567 | -0.016733 | -0.006478 | - | +0.007778 | +0.018850 | +0.029300 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.195033 | 0.210067 | 0.220933 | 0.235967 | 0.246833 | 0.261867 | 0.272733 |
| Camarilla | 0.224678 | 0.227052 | 0.229426 | 0.231800 | 0.234174 | 0.236548 | 0.238923 |
| Woodie | 0.192950 | 0.209025 | 0.218850 | 0.234925 | 0.244750 | 0.260825 | 0.270650 |
| Fibonacci | 0.210067 | 0.219961 | 0.226073 | 0.235967 | 0.245861 | 0.251973 | 0.261867 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.100233 | 0.148767 | 0.177933 | 0.226467 | 0.255633 | 0.304167 | 0.333333 |
| Camarilla | 0.185733 | 0.192855 | 0.199978 | 0.207100 | 0.214223 | 0.221345 | 0.228468 |
| Woodie | 0.090550 | 0.143925 | 0.168250 | 0.221625 | 0.245950 | 0.299325 | 0.323650 |
| Fibonacci | 0.148767 | 0.178448 | 0.196785 | 0.226467 | 0.256148 | 0.274485 | 0.304167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.020000 | 0.111800 | 0.186400 | 0.318200 | 0.392800 | 0.524600 | 0.599200 |
| Camarilla | 0.204240 | 0.223160 | 0.242080 | 0.261000 | 0.279920 | 0.298840 | 0.317760 |
| Woodie | -0.048600 | 0.097500 | 0.157800 | 0.303900 | 0.364200 | 0.510300 | 0.570600 |
| Fibonacci | 0.111800 | 0.190645 | 0.239355 | 0.318200 | 0.397045 | 0.445755 | 0.524600 |
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): | 51.91 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 0.882720 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.232318 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.242718 | |
| Elder Ray (13): | -0.000197 | |
| Super Trend (3,10): | 0.222386 | |
| Zig ZAG (10): | 0.232900 | |
| VORTEX (21): | 0.9624 | |
| Stochastique (14,3,5): | 45.31 | |
| TEMA (21): | 0.231416 | |
| Williams %R (14): | -45.07 | |
| Chande Momentum Oscillator (20): | -0.002300 | |
| Repulse (5,40,3): | 0.4911 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0096 | |
| Courbe Coppock: | 0.45 |
| MA7: | 0.225343 | |
| MA20: | 0.232195 | |
| MA50: | 0.303626 | |
| MA100: | 0.376307 | |
| MAexp7: | 0.231959 | |
| MAexp20: | 0.231999 | |
| MAexp50: | 0.230047 | |
| MAexp100: | 0.226105 | |
| Price / MA7: | +2.78% | |
| Price / MA20: | -0.26% | |
| Price / MA50: | -23.72% | |
| Price / MA100: | -38.45% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | +0.68% | |
| Price / MAexp100: | +2.43% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis MATH - MATH/USD - 1H