SYNTHETIX - SNX/USD - 1H - Technical analysis published on 02/22/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.010000 USD
My targets
1.040000 USD (+1.96%)
1.080000 USD (+5.88%)
My analysis
The bullish trend is currently very strong on SYNTHETIX - SNX/USD. As long as the price remains above the support at 1.010000 USD, you could try to benefit from the boom. The first bullish objective is located at 1.040000 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.080000 USD as an objective. Crossing it would then enable buyers to target 1.430000 USD. 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SYNTHETIX - SNX/USD rating 1.020000 USD. The price registered an increase of +6.25% on the session and was traded between 0.950000 USD and 1.020000 USD over the period. The price is currently at +7.37% from its lowest and 0% from its highest.0.950000
1.020000
1.020000
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of SYNTHETIX - SNX/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
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.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.960000 | 0.980000 | 1.010000 | 1.020000 | 1.040000 | 1.080000 | 1.430000 |
| Change (%) | -5.88% | -3.92% | -0.98% | - | +1.96% | +5.88% | +40.20% |
| Change | -0.060000 | -0.040000 | -0.010000 | - | +0.020000 | +0.060000 | +0.410000 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.767000 | 0.853000 | 0.907000 | 0.993000 | 1.047000 | 1.133000 | 1.187000 |
| Camarilla | 0.922000 | 0.934000 | 0.947000 | 0.960000 | 0.973000 | 0.986000 | 0.999000 |
| Woodie | 0.750000 | 0.845000 | 0.890000 | 0.985000 | 1.030000 | 1.125000 | 1.170000 |
| Fibonacci | 0.853000 | 0.907000 | 0.940000 | 0.993000 | 1.047000 | 1.080000 | 1.133000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.753000 | 0.837000 | 0.913000 | 0.997000 | 1.073000 | 1.157000 | 1.233000 |
| Camarilla | 0.946000 | 0.961000 | 0.975000 | 0.990000 | 1.005000 | 1.019000 | 1.034000 |
| Woodie | 0.750000 | 0.835000 | 0.910000 | 0.995000 | 1.070000 | 1.155000 | 1.230000 |
| Fibonacci | 0.837000 | 0.898000 | 0.936000 | 0.997000 | 1.058000 | 1.096000 | 1.157000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.340000 | 0.860000 | 1.230000 | 1.750000 | 2.120000 | 2.640000 | 3.010000 |
| Camarilla | 1.355000 | 1.437000 | 1.518000 | 1.600000 | 1.682000 | 1.763000 | 1.845000 |
| Woodie | 0.265000 | 0.823000 | 1.155000 | 1.713000 | 2.045000 | 2.603000 | 2.935000 |
| Fibonacci | 0.860000 | 1.200000 | 1.410000 | 1.750000 | 2.090000 | 2.300000 | 2.640000 |
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): | 67.50 | |
| MACD (12,26,9): | 0.0077 | |
| Directional Movement: | 13.414785 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 1.002868 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.974828 | |
| Elder Ray (13): | 0.015124 | |
| Super Trend (3,10): | 0.972128 | |
| Zig ZAG (10): | 1.020000 | |
| VORTEX (21): | 1.1852 | |
| Stochastique (14,3,5): | 93.33 | |
| TEMA (21): | 1.010518 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.030000 | |
| Repulse (5,40,3): | 2.2294 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0336 | |
| Courbe Coppock: | 6.48 |
| MA7: | 0.982857 | |
| MA20: | 1.012000 | |
| MA50: | 1.441800 | |
| MA100: | 1.901000 | |
| MAexp7: | 1.007720 | |
| MAexp20: | 0.994308 | |
| MAexp50: | 0.989034 | |
| MAexp100: | 0.985779 | |
| Price / MA7: | +3.78% | |
| Price / MA20: | +0.79% | |
| Price / MA50: | -29.26% | |
| Price / MA100: | -46.34% | |
| Price / MAexp7: | +1.22% | |
| Price / MAexp20: | +2.58% | |
| Price / MAexp50: | +3.13% | |
| Price / MAexp100: | +3.47% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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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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