GOLEM NETWORK TOKEN - GLM/USD - 1H - Technical analysis published on 07/22/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 0.250464 USD
My targets
0.254329 USD (+0.91%)
0.264197 USD (+4.82%)
My analysis
A bullish trend on GOLEM NETWORK TOKEN - GLM/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.250464 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.254329 USD. Then the price could move towards 0.264197 USD. Then 0.309088 USD by extension. Be careful, a return below 0.250464 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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
5.5
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Additional analysis
Quotes
The GOLEM NETWORK TOKEN - GLM/USD rating is 0.252043 USD. On the day, this instrument lost -0.02% and was between 0.249907 USD and 0.254054 USD. This implies that the price is at +0.85% from its lowest and at -0.79% from its highest.0.249907
0.254054
0.252043
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of GOLEM NETWORK TOKEN - GLM/USD in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.235325 | 0.242972 | 0.250464 | 0.252043 | 0.254329 | 0.264197 | 0.309088 |
| Change (%) | -6.63% | -3.60% | -0.63% | - | +0.91% | +4.82% | +22.63% |
| Change | -0.016718 | -0.009071 | -0.001579 | - | +0.002286 | +0.012154 | +0.057045 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | 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 | 0.230279 | 0.235461 | 0.243781 | 0.248963 | 0.257283 | 0.262465 | 0.270785 |
| Camarilla | 0.248387 | 0.249625 | 0.250862 | 0.252100 | 0.253338 | 0.254575 | 0.255813 |
| Woodie | 0.231847 | 0.236246 | 0.245349 | 0.249748 | 0.258851 | 0.263250 | 0.272353 |
| Fibonacci | 0.235461 | 0.240619 | 0.243806 | 0.248963 | 0.254121 | 0.257308 | 0.262465 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.181729 | 0.200269 | 0.221444 | 0.239984 | 0.261159 | 0.279699 | 0.300874 |
| Camarilla | 0.231696 | 0.235337 | 0.238978 | 0.242618 | 0.246259 | 0.249899 | 0.253540 |
| Woodie | 0.183046 | 0.200928 | 0.222761 | 0.240643 | 0.262476 | 0.280358 | 0.302191 |
| Fibonacci | 0.200269 | 0.215441 | 0.224813 | 0.239984 | 0.255156 | 0.264528 | 0.279699 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.030011 | 0.071997 | 0.150243 | 0.252251 | 0.330497 | 0.432505 | 0.510751 |
| Camarilla | 0.178918 | 0.195441 | 0.211965 | 0.228488 | 0.245011 | 0.261535 | 0.278058 |
| Woodie | -0.041893 | 0.066057 | 0.138361 | 0.246311 | 0.318615 | 0.426565 | 0.498869 |
| Fibonacci | 0.071997 | 0.140854 | 0.183394 | 0.252251 | 0.321108 | 0.363648 | 0.432505 |
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): | 53.90 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | -2.772055 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.251001 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.248959 | |
| Elder Ray (13): | 0.001321 | |
| Super Trend (3,10): | 0.254107 | |
| Zig ZAG (10): | 0.252190 | |
| VORTEX (21): | 1.1159 | |
| Stochastique (14,3,5): | 83.47 | |
| TEMA (21): | 0.252461 | |
| Williams %R (14): | -15.50 | |
| Chande Momentum Oscillator (20): | 0.006421 | |
| Repulse (5,40,3): | 0.2553 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0016 | |
| Courbe Coppock: | 4.50 |
| MA7: | 0.248132 | |
| MA20: | 0.243620 | |
| MA50: | 0.246282 | |
| MA100: | 0.286499 | |
| MAexp7: | 0.251677 | |
| MAexp20: | 0.250627 | |
| MAexp50: | 0.250481 | |
| MAexp100: | 0.248943 | |
| Price / MA7: | +1.58% | |
| Price / MA20: | +3.46% | |
| Price / MA50: | +2.34% | |
| Price / MA100: | -12.03% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.56% | |
| Price / MAexp50: | +0.62% | |
| Price / MAexp100: | +1.25% |
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.
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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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