GOLEM NETWORK TOKEN - GLM/USD
GOLEM NETWORK TOKEN - GLM/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: GLMUSD
ISIN:

GOLEM NETWORK TOKEN - GLM/USD - Daily - Technical analysis published on 08/06/2022 (GMT)

  • 60
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : IN PROGRESS...

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
50%
17%
33%
My opinion
Bullish above
My targets
()
()
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for GOLEM NETWORK TOKEN - GLM/USD as long as the price remains well above . The buyers' bullish objective is set at . A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at . If there is any crossing, the next objective would be the resistance located at .

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.9

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:
15 min. 1H

Additional analysis

Quotes

The GOLEM NETWORK TOKEN - GLM/USD price is 0.273100 USD. The price has increased by +11.91% since the last closing and was between 0.243134 USD and 0.274000 USD. This implies that the price is at +12.32% from its lowest and at -0.33% from its highest.

0.243134
0.274000
0.273100

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of GOLEM NETWORK TOKEN - GLM/USD in Daily shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.255241 0.273100 0.308657 0.442407 0.509374
Change (%) -6.54% - +13.02% +61.99% +86.52%
Change -0.017859 - +0.035557 +0.169307 +0.236274
Level Major - 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
Standard0.1992720.2191310.2315820.2514410.2638920.2837510.296202
Camarilla0.2351480.2381100.2410710.2440330.2469950.2499570.252918
Woodie0.1955680.2172790.2278780.2495890.2601880.2818990.292498
Fibonacci0.2191310.2314730.2390990.2514410.2637830.2714090.283751


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1966320.2113590.2339310.2486580.2712300.2859570.308529
Camarilla0.2462450.2496640.2530830.2565020.2599210.2633400.266759
Woodie0.2005540.2133200.2378530.2506190.2751520.2879180.312451
Fibonacci0.2113590.2256080.2344100.2486580.2629070.2717090.285957


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1715810.1951690.2293530.2529410.2871250.3107130.344897
Camarilla0.2476490.2529450.2582400.2635360.2688320.2741280.279423
Woodie0.1768780.1978180.2346500.2555900.2924220.3133620.350194
Fibonacci0.1951690.2172380.2308720.2529410.2750100.2886440.310713

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): 48.84
MACD (12,26,9): 0.0029
Directional Movement: -2.495770
AROON (14): 50.000000
DEMA (21): 0.256567
Parabolic SAR (0,02-0,02-0,2): 0.280517
Elder Ray (13): 0.004398
Super Trend (3,10): 0.282792
Zig ZAG (10): 0.246257
VORTEX (21): 1.0267
Stochastique (14,3,5): 60.27
TEMA (21): 0.257658
Williams %R (14): -67.90
Chande Momentum Oscillator (20): 0.012221
Repulse (5,40,3): -15.1755
ROCnROLL: 1
TRIX (15,9): 0.2372
Courbe Coppock: 8.75
MA7: 0.261704
MA20: 0.253494
MA50: 0.244135
MA100: 0.261292
MAexp7: 0.255590
MAexp20: 0.253085
MAexp50: 0.254205
MAexp100: 0.280570
Price / MA7: +4.35%
Price / MA20: +7.73%
Price / MA50: +11.86%
Price / MA100: +4.52%
Price / MAexp7: +6.85%
Price / MAexp20: +7.91%
Price / MAexp50: +7.43%
Price / MAexp100: -2.66%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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