STACKS - STX/USDT - 1H - Technical analysis published on 03/10/2023 (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:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.587100 USDT
My targets
0.616667 USDT (+3.26%)
0.659971 USDT (+10.51%)
My analysis
The strong short-term increase in STACKS - STX/USDT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.587100 USDT, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.616667 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.659971 USDT as an objective. Crossing it would then enable buyers to target 0.757667 USDT. Caution, a return under 0.587100 USDT could jeopardize the reversal.
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
2.9
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Additional analysis
Quotes
STACKS - STX/USDT rating 0.597200 USDT. The price has increased by +3.74% since the last closing with the lowest point at 0.522200 USDT and the highest point at 0.608700 USDT. The deviation from the price is +14.36% for the low point and -1.89% for the high point.0.522200
0.608700
0.597200
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this STACKS - STX/USDT chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.319589 | 0.546600 | 0.587100 | 0.597200 | 0.659971 | 0.757667 | 0.944700 |
| Change (%) | -46.49% | -8.47% | -1.69% | - | +10.51% | +26.87% | +58.19% |
| Change | -0.277611 | -0.050600 | -0.010100 | - | +0.062771 | +0.160467 | +0.347500 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.412533 | 0.479567 | 0.527633 | 0.594667 | 0.642733 | 0.709767 | 0.757833 |
| Camarilla | 0.544048 | 0.554598 | 0.565149 | 0.575700 | 0.586251 | 0.596802 | 0.607353 |
| Woodie | 0.403050 | 0.474825 | 0.518150 | 0.589925 | 0.633250 | 0.705025 | 0.748350 |
| Fibonacci | 0.479567 | 0.523535 | 0.550699 | 0.594667 | 0.638635 | 0.665799 | 0.709767 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.297167 | 0.505333 | 0.616667 | 0.824833 | 0.936167 | 1.144333 | 1.255667 |
| Camarilla | 0.640138 | 0.669425 | 0.698713 | 0.728000 | 0.757288 | 0.786575 | 0.815863 |
| Woodie | 0.248750 | 0.481125 | 0.568250 | 0.800625 | 0.887750 | 1.120125 | 1.207250 |
| Fibonacci | 0.505333 | 0.627382 | 0.702784 | 0.824833 | 0.946882 | 1.022284 | 1.144333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.220600 | 0.022900 | 0.381500 | 0.625000 | 0.983600 | 1.227100 | 1.585700 |
| Camarilla | 0.574523 | 0.629715 | 0.684908 | 0.740100 | 0.795293 | 0.850485 | 0.905678 |
| Woodie | -0.163050 | 0.051675 | 0.439050 | 0.653775 | 1.041150 | 1.255875 | 1.643250 |
| Fibonacci | 0.022900 | 0.252902 | 0.394998 | 0.625000 | 0.855002 | 0.997098 | 1.227100 |
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): | 55.75 | |
| MACD (12,26,9): | 0.0022 | |
| Directional Movement: | 7.741650 | |
| AROON (14): | 71.428572 | |
| DEMA (21): | 0.578111 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.552061 | |
| Elder Ray (13): | 0.011737 | |
| Super Trend (3,10): | 0.544904 | |
| Zig ZAG (10): | 0.594500 | |
| VORTEX (21): | 1.0580 | |
| Stochastique (14,3,5): | 82.85 | |
| TEMA (21): | 0.591572 | |
| Williams %R (14): | -15.84 | |
| Chande Momentum Oscillator (20): | 0.060700 | |
| Repulse (5,40,3): | 0.8856 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1230 | |
| Courbe Coppock: | 13.74 |
| MA7: | 0.671157 | |
| MA20: | 0.604240 | |
| MA50: | 0.411970 | |
| MA100: | 0.326109 | |
| MAexp7: | 0.589846 | |
| MAexp20: | 0.579211 | |
| MAexp50: | 0.594034 | |
| MAexp100: | 0.632393 | |
| Price / MA7: | -11.02% | |
| Price / MA20: | -1.17% | |
| Price / MA50: | +44.96% | |
| Price / MA100: | +83.13% | |
| Price / MAexp7: | +1.25% | |
| Price / MAexp20: | +3.11% | |
| Price / MAexp50: | +0.53% | |
| Price / MAexp100: | -5.57% |
Quotes :
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Real time data
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