MATH - MATH/USD - 1H - Technical analysis published on 08/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.179900 USD
My targets
0.216900 USD (+16.36%)
0.221167 USD (+18.65%)
My analysis
The strong short-term increase for MATH - MATH/USD reinforces the current slightly bullish trend. As long as the price remains above 0.179900 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.216900 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.221167 USD as an objective. Crossing it would then enable buyers to target 0.236678 USD. A return to 0.179900 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
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
5.5
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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 0.186400 USD. The price has increased by +16.72% since the last closing and was between 0.159700 USD and 0.192000 USD. This implies that the price is at +16.72% from its lowest and at -2.92% from its highest.0.159700
0.192000
0.186400
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 slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.137200 | 0.166233 | 0.179900 | 0.186400 | 0.221167 | 0.236678 | 0.260000 |
| Change (%) | -26.39% | -10.82% | -3.49% | - | +18.65% | +26.97% | +39.48% |
| Change | -0.049200 | -0.020167 | -0.006500 | - | +0.034767 | +0.050278 | +0.073600 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.094200 | 0.115700 | 0.137700 | 0.159200 | 0.181200 | 0.202700 | 0.224700 |
| Camarilla | 0.147738 | 0.151725 | 0.155713 | 0.159700 | 0.163688 | 0.167675 | 0.171663 |
| Woodie | 0.094450 | 0.115825 | 0.137950 | 0.159325 | 0.181450 | 0.202825 | 0.224950 |
| Fibonacci | 0.115700 | 0.132317 | 0.142583 | 0.159200 | 0.175817 | 0.186083 | 0.202700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.108300 | 0.151400 | 0.173800 | 0.216900 | 0.239300 | 0.282400 | 0.304800 |
| Camarilla | 0.178188 | 0.184192 | 0.190196 | 0.196200 | 0.202204 | 0.208208 | 0.214213 |
| Woodie | 0.097950 | 0.146225 | 0.163450 | 0.211725 | 0.228950 | 0.277225 | 0.294450 |
| Fibonacci | 0.151400 | 0.176421 | 0.191879 | 0.216900 | 0.241921 | 0.257379 | 0.282400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.014633 | 0.084433 | 0.156367 | 0.255433 | 0.327367 | 0.426433 | 0.498367 |
| Camarilla | 0.181275 | 0.196950 | 0.212625 | 0.228300 | 0.243975 | 0.259650 | 0.275325 |
| Woodie | -0.028200 | 0.077650 | 0.142800 | 0.248650 | 0.313800 | 0.419650 | 0.484800 |
| Fibonacci | 0.084433 | 0.149755 | 0.190111 | 0.255433 | 0.320755 | 0.361111 | 0.426433 |
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): | 74.02 | |
| MACD (12,26,9): | 0.0039 | |
| Directional Movement: | 26.953094 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.175167 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.170000 | |
| Elder Ray (13): | 0.012107 | |
| Super Trend (3,10): | 0.169566 | |
| Zig ZAG (10): | 0.187500 | |
| VORTEX (21): | 1.2485 | |
| Stochastique (14,3,5): | 77.65 | |
| TEMA (21): | 0.180577 | |
| Williams %R (14): | -17.38 | |
| Chande Momentum Oscillator (20): | 0.016500 | |
| Repulse (5,40,3): | 5.1190 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1767 | |
| Courbe Coppock: | 15.64 |
| MA7: | 0.196114 | |
| MA20: | 0.223935 | |
| MA50: | 0.243628 | |
| MA100: | 0.317020 | |
| MAexp7: | 0.177401 | |
| MAexp20: | 0.170951 | |
| MAexp50: | 0.172092 | |
| MAexp100: | 0.182351 | |
| Price / MA7: | -4.95% | |
| Price / MA20: | -16.76% | |
| Price / MA50: | -23.49% | |
| Price / MA100: | -41.20% | |
| Price / MAexp7: | +5.07% | |
| Price / MAexp20: | +9.04% | |
| Price / MAexp50: | +8.31% | |
| Price / MAexp100: | +2.22% |
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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