GOLEM - GLM/USD

- USD (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
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Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	GLMUSD
ISIN:

GOLEM - GLM/USD - Daily - Technical analysis published on 02/05/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

My opinion

Bullish above 0.264934 USD

My targets

0.304850 USD (+5.07%)

0.364477 USD (+25.62%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GOLEM NETWORK TOKEN - GLM/USD as long as the price remains well above 0.264934 USD. The buyers' bullish objective is set at 0.304850 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.364477 USD. If there is any crossing, the next objective would be the resistance located at 0.405378 USD.

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

Comment on the analysis

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:

Additional analysis

Quotes

The GOLEM NETWORK TOKEN - GLM/USD rating is 0.290151 USD. The price has increased by +8.54% since the last closing with the lowest point at 0.248799 USD and the highest point at 0.293455 USD. The deviation from the price is +16.62% for the low point and -1.13% for the high point.

0.248799

0.293455

0.290151

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GOLEM NETWORK TOKEN - GLM/USD:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GOLEM NETWORK TOKEN - GLM/USD in Daily shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Bearish harami

Type : Bearish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.178059	0.220362	0.264934	0.290151	0.304850	0.405378	0.576854
Change (%)	-38.63%	-24.05%	-8.69%	-	+5.07%	+39.71%	+98.81%
Change	-0.112092	-0.069789	-0.025217	-	+0.014699	+0.115227	+0.286703
Level	Intermediate	Major	Minor	-	Intermediate	Intermediate	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	0.228425	0.239213	0.253271	0.264059	0.278117	0.288905	0.302963
Camarilla	0.260495	0.262773	0.265051	0.267328	0.269606	0.271883	0.274161
Woodie	0.230059	0.240031	0.254905	0.264877	0.279751	0.289723	0.304597
Fibonacci	0.239213	0.248705	0.254568	0.264059	0.273551	0.279414	0.288905

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.187421	0.206411	0.236869	0.255859	0.286317	0.305307	0.335765
Camarilla	0.253730	0.258263	0.262795	0.267328	0.271861	0.276394	0.280926
Woodie	0.193156	0.209278	0.242604	0.258726	0.292052	0.308174	0.341500
Fibonacci	0.206411	0.225300	0.236970	0.255859	0.274748	0.286418	0.305307

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.089482	0.131670	0.181147	0.223335	0.272812	0.315000	0.364477
Camarilla	0.205416	0.213819	0.222221	0.230624	0.239027	0.247429	0.255832
Woodie	0.093127	0.133492	0.184792	0.225157	0.276457	0.316822	0.368122
Fibonacci	0.131670	0.166686	0.188319	0.223335	0.258351	0.279984	0.315000

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):	74.07
MACD (12,26,9):	0.0129
Directional Movement:	31.307348
AROON (14):	78.571429
DEMA (21):	0.252002
Parabolic SAR (0,02-0,02-0,2):	0.220466
Elder Ray (13):	0.019986
Super Trend (3,10):	0.211996
Zig ZAG (10):	0.264580
VORTEX (21):	1.0911
Stochastique (14,3,5):	81.02
TEMA (21):	0.260801
Williams %R (14):	-36.29
Chande Momentum Oscillator (20):	0.027676
Repulse (5,40,3):	0.1760
ROCnROLL:	1
TRIX (15,9):	0.7532
Courbe Coppock:	22.43

MA7:	0.246758
MA20:	0.237076
MA50:	0.210726
MA100:	0.218753
MAexp7:	0.251955
MAexp20:	0.237664
MAexp50:	0.224104
MAexp100:	0.225136
Price / MA7:	+17.59%
Price / MA20:	+22.39%
Price / MA50:	+37.69%
Price / MA100:	+32.64%
Price / MAexp7:	+15.16%
Price / MAexp20:	+22.08%
Price / MAexp50:	+29.47%
Price / MAexp100:	+28.88%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

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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…