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

GOLEM - GLM/USD - 1H - Technical analysis published on 05/15/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.211672 USD
My targets
0.203990 USD (-1.68%)
0.201187 USD (-3.03%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.211672 USD remains possible. It is advisable to trade GOLEM NETWORK TOKEN - GLM/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.211672 USD. The next bearish objective for sellers is set at 0.203990 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.201187 USD. In case of crossing, the next objective would be the support located at 0.186312 USD. PS: if there is a bullish break in the resistance located at 0.211672 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.7

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GOLEM NETWORK TOKEN - GLM/USD price is 0.207468 USD. The price has increased by +9.91% since the last closing and was between 0.187662 USD and 0.215700 USD. This implies that the price is at +10.55% from its lowest and at -3.82% from its highest.

0.187662
0.215700
0.207468

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

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of GOLEM NETWORK TOKEN - GLM/USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.201187 0.203990 0.206918 0.207468 0.211672 0.220362 0.223650
Change (%) -3.03% -1.68% -0.27% - +2.03% +6.21% +7.80%
Change -0.006281 -0.003478 -0.000550 - +0.004204 +0.012894 +0.016182
Level Intermediate Major Minor - Major Major Major



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
Standard0.1501080.1691380.1789540.1979840.2078000.2268300.236646
Camarilla0.1808370.1834820.1861260.1887700.1914140.1940580.196703
Woodie0.1455010.1668350.1743470.1956810.2031930.2245270.232039
Fibonacci0.1691380.1801570.1869650.1979840.2090030.2158110.226830


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1736230.1888060.2024610.2176440.2312990.2464820.260137
Camarilla0.2081850.2108280.2134720.2161150.2187590.2214020.224046
Woodie0.1728580.1884240.2016960.2172620.2305340.2461000.259372
Fibonacci0.1888060.1998220.2066280.2176440.2286600.2354660.246482


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1542490.1871750.2111370.2440630.2680250.3009510.324913
Camarilla0.2194560.2246710.2298850.2351000.2403150.2455300.250744
Woodie0.1497680.1849340.2066560.2418220.2635440.2987100.320432
Fibonacci0.1871750.2089060.2223320.2440630.2657940.2792200.300951

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): 28.00
MACD (12,26,9): -0.0052
Directional Movement: 6.439256
AROON (14): 0
DEMA (21): 0.187315
Parabolic SAR (0,02-0,02-0,2): 0.188367
Elder Ray (13): -0.001053
Super Trend (3,10): 0.221627
Zig ZAG (10): 0.190721
VORTEX (21): 0.9459
Stochastique (14,3,5): 11.12
TEMA (21): 0.185924
Williams %R (14): -89.49
Chande Momentum Oscillator (20): 0.001763
Repulse (5,40,3): -15.2545
ROCnROLL: 2
TRIX (15,9): -0.4488
Courbe Coppock: 2.96
MA7: 0.209184
MA20: 0.223783
MA50: 0.235646
MA100: 0.242092
MAexp7: 0.190533
MAexp20: 0.194633
MAexp50: 0.202682
MAexp100: 0.208498
Price / MA7: -0.82%
Price / MA20: -7.29%
Price / MA50: -11.96%
Price / MA100: -14.30%
Price / MAexp7: +8.89%
Price / MAexp20: +6.59%
Price / MAexp50: +2.36%
Price / MAexp100: -0.49%

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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Londinia
Londinia AI

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