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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 07/01/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.177652 USD
My targets
0.186958 USD (+1.86%)
0.192616 USD (+4.94%)
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 0.177652 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.186958 USD. Then the price could move towards 0.192616 USD. Then 0.201317 USD by extension. Be careful, a return below 0.177652 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.

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
5.2

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 rating is 0.183550 USD. The price registered an increase of +0.00% on the session with the lowest point at 0.181291 USD and the highest point at 0.185202 USD. The deviation from the price is +1.25% for the low point and -0.89% for the high point.

0.181291
0.185202
0.183550

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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:

Technical


Technical analysis of this 1H chart of GOLEM NETWORK TOKEN - GLM/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

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 has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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 engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.080000 0.162305 0.177652 0.183550 0.186958 0.192616 0.201317
Change (%) -56.42% -11.57% -3.21% - +1.86% +4.94% +9.68%
Change -0.103550 -0.021245 -0.005898 - +0.003408 +0.009066 +0.017767
Level Intermediate Intermediate Major - Intermediate Intermediate Minor



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
Standard0.1668180.1714670.1775110.1821600.1882040.1928530.198897
Camarilla0.1806140.1815950.1825750.1835550.1845350.1855150.186496
Woodie0.1675160.1718160.1782090.1825090.1889020.1932020.199595
Fibonacci0.1714670.1755520.1780750.1821600.1862450.1887680.192853


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1086170.1366090.1643840.1923760.2201510.2481430.275918
Camarilla0.1768240.1819360.1870480.1921600.1972720.2023840.207496
Woodie0.1085100.1365550.1642770.1923220.2200440.2480890.275811
Fibonacci0.1366090.1579120.1710730.1923760.2136790.2268400.248143


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0923140.1252870.1544210.1873940.2165280.2495010.278635
Camarilla0.1664760.1721690.1778620.1835550.1892480.1949410.200634
Woodie0.0903950.1243270.1525020.1864340.2146090.2485410.276716
Fibonacci0.1252870.1490120.1636690.1873940.2111190.2257760.249501

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): 59.29
MACD (12,26,9): 0.0005
Directional Movement: 8.840480
AROON (14): 42.857143
DEMA (21): 0.183379
Parabolic SAR (0,02-0,02-0,2): 0.177645
Elder Ray (13): 0.000468
Super Trend (3,10): 0.177688
Zig ZAG (10): 0.184225
VORTEX (21): 1.0146
Stochastique (14,3,5): 42.54
TEMA (21): 0.183298
Williams %R (14): -24.41
Chande Momentum Oscillator (20): 0.002198
Repulse (5,40,3): 1.3867
ROCnROLL: 1
TRIX (15,9): 0.0519
Courbe Coppock: 1.00
MA7: 0.183149
MA20: 0.176113
MA50: 0.192867
MA100: 0.215421
MAexp7: 0.183398
MAexp20: 0.182601
MAexp50: 0.181708
MAexp100: 0.181792
Price / MA7: +0.22%
Price / MA20: +4.22%
Price / MA50: -4.83%
Price / MA100: -14.79%
Price / MAexp7: +0.08%
Price / MAexp20: +0.52%
Price / MAexp50: +1.01%
Price / MAexp100: +0.97%

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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