GOLEM - GLM/USDT - 1H - Technical analysis published on 02/17/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 0.321521 USDT
My targets
0.343867 USDT (+3.78%)
0.356108 USDT (+7.47%)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.321521 USDT remains possible. It is advisable to trade GOLEM NETWORK TOKEN - GLM/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.321521 USDT. The next bullish objective for buyers is set at 0.343867 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.356108 USDT. If there is any crossing, the next objective would be the resistance located at 0.432023 USDT. PS: if there is a bearish break in the support located at 0.321521 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.8
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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 price is 0.331353 USDT. The price registered a decrease of -17.40% on the session with the lowest point at 0.329349 USDT and the highest point at 0.402989 USDT. The deviation from the price is +0.61% for the low point and -17.78% for the high point.0.329349
0.402989
0.331353
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GOLEM NETWORK TOKEN - GLM/USDT in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
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 these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.268113 | 0.273398 | 0.280432 | 0.331353 | 0.343867 | 0.432023 | 0.531575 |
| Change (%) | -19.09% | -17.49% | -15.37% | - | +3.78% | +30.38% | +60.43% |
| Change | -0.063240 | -0.057955 | -0.050921 | - | +0.012514 | +0.100670 | +0.200222 |
| Level | Intermediate | Minor | Minor | - | Major | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.59 | |
| MACD (12,26,9): | 0.0063 | |
| Directional Movement: | 3.904280 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.368544 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.396602 | |
| Elder Ray (13): | -0.019131 | |
| Super Trend (3,10): | 0.383298 | |
| Zig ZAG (10): | 0.336617 | |
| VORTEX (21): | 0.9514 | |
| Stochastique (14,3,5): | 0.74 | |
| TEMA (21): | 0.356804 | |
| Williams %R (14): | -99.35 | |
| Chande Momentum Oscillator (20): | -0.044651 | |
| Repulse (5,40,3): | -6.7337 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.7123 | |
| Courbe Coppock: | 6.14 |
| MA7: | 0.294464 | |
| MA20: | 0.280871 | |
| MA50: | 0.337572 | |
| MA100: | 0.374182 | |
| MAexp7: | 0.348478 | |
| MAexp20: | 0.355125 | |
| MAexp50: | 0.330150 | |
| MAexp100: | 0.305424 | |
| Price / MA7: | +12.53% | |
| Price / MA20: | +17.97% | |
| Price / MA50: | -1.84% | |
| Price / MA100: | -11.45% | |
| Price / MAexp7: | -4.91% | |
| Price / MAexp20: | -6.69% | |
| Price / MAexp50: | +0.36% | |
| Price / MAexp100: | +8.49% |
Quotes :
-
Real time data
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CoinMarketCap
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