GOLEM - GLM/USDT - 1H - Technical analysis published on 02/17/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.356108 USDT
My targets
0.404792 USDT (+7.28%)
0.432023 USDT (+14.50%)
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/USDT as long as the price remains well above 0.356108 USDT. The buyers' bullish objective is set at 0.404792 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.432023 USDT. If there is any crossing, the next objective would be the resistance located at 0.531575 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLEM NETWORK TOKEN - GLM/USDT rating is 0.377311 USDT. On the day, this instrument lost -5.95% and was traded between 0.367392 USDT and 0.402989 USDT over the period. The price is currently at +2.70% from its lowest and -6.37% from its highest.0.367392
0.402989
0.377311
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GOLEM NETWORK TOKEN - GLM/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.273398 | 0.280432 | 0.343867 | 0.377311 | 0.432023 | 0.531575 | 0.620649 |
| Change (%) | -27.54% | -25.68% | -8.86% | - | +14.50% | +40.89% | +64.49% |
| Change | -0.103913 | -0.096879 | -0.033444 | - | +0.054712 | +0.154264 | +0.243338 |
| Level | Minor | Minor | Major | - | Minor | 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 | 0.139181 | 0.199531 | 0.300345 | 0.360695 | 0.461509 | 0.521859 | 0.622673 |
| Camarilla | 0.356838 | 0.371611 | 0.386385 | 0.401158 | 0.415931 | 0.430705 | 0.445478 |
| Woodie | 0.159412 | 0.209647 | 0.320576 | 0.370811 | 0.481740 | 0.531975 | 0.642904 |
| Fibonacci | 0.199531 | 0.261096 | 0.299131 | 0.360695 | 0.422260 | 0.460295 | 0.521859 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.200531 | 0.220317 | 0.240861 | 0.260647 | 0.281191 | 0.300977 | 0.321521 |
| Camarilla | 0.250315 | 0.254012 | 0.257709 | 0.261406 | 0.265103 | 0.268800 | 0.272497 |
| Woodie | 0.200911 | 0.220507 | 0.241241 | 0.260837 | 0.281571 | 0.301167 | 0.321901 |
| Fibonacci | 0.220317 | 0.235723 | 0.245241 | 0.260647 | 0.276053 | 0.285571 | 0.300977 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.148280 | 0.227852 | 0.276536 | 0.356108 | 0.404792 | 0.484364 | 0.533048 |
| Camarilla | 0.289949 | 0.301705 | 0.313462 | 0.325219 | 0.336976 | 0.348733 | 0.360489 |
| Woodie | 0.132835 | 0.220130 | 0.261091 | 0.348386 | 0.389347 | 0.476642 | 0.517603 |
| Fibonacci | 0.227852 | 0.276846 | 0.307115 | 0.356108 | 0.405102 | 0.435371 | 0.484364 |
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): | 58.41 | |
| MACD (12,26,9): | 0.0230 | |
| Directional Movement: | 19.807809 | |
| AROON (14): | 64.285715 | |
| DEMA (21): | 0.393049 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.411878 | |
| Elder Ray (13): | -0.001915 | |
| Super Trend (3,10): | 0.344013 | |
| Zig ZAG (10): | 0.374708 | |
| VORTEX (21): | 1.1681 | |
| Stochastique (14,3,5): | 65.00 | |
| TEMA (21): | 0.398134 | |
| Williams %R (14): | -52.96 | |
| Chande Momentum Oscillator (20): | 0.027064 | |
| Repulse (5,40,3): | -0.2081 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.1730 | |
| Courbe Coppock: | 14.54 |
| MA7: | 0.301357 | |
| MA20: | 0.282772 | |
| MA50: | 0.338310 | |
| MA100: | 0.374551 | |
| MAexp7: | 0.382057 | |
| MAexp20: | 0.361511 | |
| MAexp50: | 0.325142 | |
| MAexp100: | 0.299868 | |
| Price / MA7: | +25.20% | |
| Price / MA20: | +33.43% | |
| Price / MA50: | +11.53% | |
| Price / MA100: | +0.74% | |
| Price / MAexp7: | -1.24% | |
| Price / MAexp20: | +4.37% | |
| Price / MAexp50: | +16.04% | |
| Price / MAexp100: | +25.83% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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