GOLEM - GLM/USD - 1H - Technical analysis published on 05/28/2023 (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:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 0.205759 USD
My targets
0.211171 USD (+1.66%)
0.213300 USD (+2.69%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on GOLEM NETWORK TOKEN - GLM/USD as long as the price remains well above 0.205759 USD. The buyers' bullish objective is set at 0.211171 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.213300 USD. If there is any crossing, the next objective would be the resistance located at 0.216474 USD.
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
3.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GOLEM NETWORK TOKEN - GLM/USD rating 0.207715 USD. On the day, this instrument gained +0.00% with the lowest point at 0.205900 USD and the highest point at 0.209527 USD. The deviation from the price is +0.88% for the low point and -0.86% for the high point.0.205900
0.209527
0.207715
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GOLEM NETWORK TOKEN - GLM/USD:
Technical
A technical analysis in 1H of this GOLEM NETWORK TOKEN - GLM/USD chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 0.201317 | 0.205759 | 0.207338 | 0.207715 | 0.211171 | 0.213300 | 0.216474 |
| Change (%) | -3.08% | -0.94% | -0.18% | - | +1.66% | +2.69% | +4.22% |
| Change | -0.006398 | -0.001956 | -0.000377 | - | +0.003456 | +0.005585 | +0.008759 |
| Level | Major | Intermediate | Minor | - | Minor | Minor | Major |
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 | 0.203835 | 0.204817 | 0.206270 | 0.207252 | 0.208705 | 0.209687 | 0.211140 |
| Camarilla | 0.207052 | 0.207276 | 0.207499 | 0.207722 | 0.207945 | 0.208168 | 0.208392 |
| Woodie | 0.204070 | 0.204935 | 0.206505 | 0.207370 | 0.208940 | 0.209805 | 0.211375 |
| Fibonacci | 0.204817 | 0.205748 | 0.206322 | 0.207252 | 0.208183 | 0.208757 | 0.209687 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.183744 | 0.192172 | 0.199947 | 0.208375 | 0.216150 | 0.224578 | 0.232353 |
| Camarilla | 0.203266 | 0.204752 | 0.206237 | 0.207722 | 0.209207 | 0.210693 | 0.212178 |
| Woodie | 0.183418 | 0.192009 | 0.199621 | 0.208212 | 0.215824 | 0.224415 | 0.232027 |
| Fibonacci | 0.192172 | 0.198362 | 0.202186 | 0.208375 | 0.214565 | 0.218389 | 0.224578 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.156065 | 0.188083 | 0.211591 | 0.243609 | 0.267117 | 0.299135 | 0.322643 |
| Camarilla | 0.219830 | 0.224920 | 0.230010 | 0.235100 | 0.240190 | 0.245280 | 0.250370 |
| Woodie | 0.151811 | 0.185956 | 0.207337 | 0.241482 | 0.262863 | 0.297008 | 0.318389 |
| Fibonacci | 0.188083 | 0.209294 | 0.222398 | 0.243609 | 0.264820 | 0.277924 | 0.299135 |
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): | 52.53 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | -8.219268 | |
| AROON (14): | 64.285714 | |
| DEMA (21): | 0.207971 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.205961 | |
| Elder Ray (13): | 0.000702 | |
| Super Trend (3,10): | 0.205351 | |
| Zig ZAG (10): | 0.209280 | |
| VORTEX (21): | 1.0565 | |
| Stochastique (14,3,5): | 92.19 | |
| TEMA (21): | 0.208925 | |
| Williams %R (14): | -5.93 | |
| Chande Momentum Oscillator (20): | 0.001990 | |
| Repulse (5,40,3): | 1.5836 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0345 | |
| Courbe Coppock: | 1.78 |
| MA7: | 0.208120 | |
| MA20: | 0.211073 | |
| MA50: | 0.228481 | |
| MA100: | 0.237058 | |
| MAexp7: | 0.208509 | |
| MAexp20: | 0.207341 | |
| MAexp50: | 0.206939 | |
| MAexp100: | 0.207694 | |
| Price / MA7: | -0.19% | |
| Price / MA20: | -1.59% | |
| Price / MA50: | -9.09% | |
| Price / MA100: | -12.38% | |
| Price / MAexp7: | -0.38% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +0.37% | |
| Price / MAexp100: | +0.01% |
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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