CURVE DAO TOKEN - CRV/USDT - 1H - Technical analysis published on 06/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 0.609800 USDT
My targets
0.635711 USDT (+1.54%)
0.655200 USDT (+4.65%)
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 CURVE DAO TOKEN - CRV/USDT. As long as you are above the support located at 0.609800 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.635711 USDT 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 0.655200 USDT as an objective. Crossing it would then enable buyers to target 0.664944 USDT. If the support 0.609800 USDT 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 are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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Additional analysis
Quotes
CURVE DAO TOKEN - CRV/USDT rating 0.626100 USDT. On the day, this instrument lost -0.95% with the lowest point at 0.624000 USDT and the highest point at 0.640900 USDT. The deviation from the price is +0.34% for the low point and -2.31% for the high point.0.624000
0.640900
0.626100
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 CURVE DAO TOKEN - CRV/USDT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.559000 | 0.587050 | 0.609800 | 0.626100 | 0.626520 | 0.635711 | 0.655200 |
| Change (%) | -10.72% | -6.24% | -2.60% | - | +0.07% | +1.54% | +4.65% |
| Change | -0.067100 | -0.039050 | -0.016300 | - | +0.000420 | +0.009611 | +0.029100 |
| Level | Minor | Minor | Major | - | Intermediate | Major | 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 | 0.588733 | 0.598967 | 0.615533 | 0.625767 | 0.642333 | 0.652567 | 0.669133 |
| Camarilla | 0.624730 | 0.627187 | 0.629643 | 0.632100 | 0.634557 | 0.637013 | 0.639470 |
| Woodie | 0.591900 | 0.600550 | 0.618700 | 0.627350 | 0.645500 | 0.654150 | 0.672300 |
| Fibonacci | 0.598967 | 0.609204 | 0.615529 | 0.625767 | 0.636004 | 0.642329 | 0.652567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.440933 | 0.499967 | 0.560033 | 0.619067 | 0.679133 | 0.738167 | 0.798233 |
| Camarilla | 0.587348 | 0.598265 | 0.609183 | 0.620100 | 0.631018 | 0.641935 | 0.652853 |
| Woodie | 0.441450 | 0.500225 | 0.560550 | 0.619325 | 0.679650 | 0.738425 | 0.798750 |
| Fibonacci | 0.499967 | 0.545463 | 0.573571 | 0.619067 | 0.664563 | 0.692671 | 0.738167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.527967 | 0.652433 | 0.734767 | 0.859233 | 0.941567 | 1.066033 | 1.148367 |
| Camarilla | 0.760230 | 0.779187 | 0.798143 | 0.817100 | 0.836057 | 0.855013 | 0.873970 |
| Woodie | 0.506900 | 0.641900 | 0.713700 | 0.848700 | 0.920500 | 1.055500 | 1.127300 |
| Fibonacci | 0.652433 | 0.731431 | 0.780236 | 0.859233 | 0.938231 | 0.987036 | 1.066033 |
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): | 48.47 | |
| MACD (12,26,9): | 0.0012 | |
| Directional Movement: | 9.465710 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.629602 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.638379 | |
| Elder Ray (13): | -0.002174 | |
| Super Trend (3,10): | 0.616129 | |
| Zig ZAG (10): | 0.626100 | |
| VORTEX (21): | 1.1168 | |
| Stochastique (14,3,5): | 20.12 | |
| TEMA (21): | 0.629793 | |
| Williams %R (14): | -87.57 | |
| Chande Momentum Oscillator (20): | 0.002000 | |
| Repulse (5,40,3): | -0.7795 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0427 | |
| Courbe Coppock: | 0.16 |
| MA7: | 0.614214 | |
| MA20: | 0.706920 | |
| MA50: | 0.792854 | |
| MA100: | 0.880991 | |
| MAexp7: | 0.628260 | |
| MAexp20: | 0.627853 | |
| MAexp50: | 0.625766 | |
| MAexp100: | 0.625589 | |
| Price / MA7: | +1.94% | |
| Price / MA20: | -11.43% | |
| Price / MA50: | -21.03% | |
| Price / MA100: | -28.93% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -0.28% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.08% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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