STACKS - STX/USDT - 1H - Technical analysis published on 03/17/2023 (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:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.133000 USDT
My targets
1.227100 USDT (+6.24%)
1.531000 USDT (+32.55%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STACKS - STX/USDT as long as the price remains well above 1.133000 USDT. The buyers' bullish objective is set at 1.227100 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.531000 USDT. If there is any crossing, the next objective would be the resistance located at 1.829000 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, 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
8.8
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Additional analysis
Quotes
The STACKS - STX/USDT rating is 1.155000 USDT. On the day, this instrument gained +26.85% with the lowest point at 0.895200 USDT and the highest point at 1.168000 USDT. The deviation from the price is +29.02% for the low point and -1.11% for the high point.0.895200
1.168000
1.155000
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:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of STACKS - STX/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.986400 | 1.088000 | 1.133000 | 1.155000 | 1.531000 | 1.829000 | 2.878000 |
| Change (%) | -14.60% | -5.80% | -1.90% | - | +32.55% | +58.35% | +149.18% |
| Change | -0.168600 | -0.067000 | -0.022000 | - | +0.376000 | +0.674000 | +1.723000 |
| Level | Major | Major | Minor | - | Minor | Minor | Major |
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 | 0.775133 | 0.815767 | 0.863133 | 0.903767 | 0.951133 | 0.991767 | 1.039133 |
| Camarilla | 0.886300 | 0.894367 | 0.902433 | 0.910500 | 0.918567 | 0.926633 | 0.934700 |
| Woodie | 0.778500 | 0.817450 | 0.866500 | 0.905450 | 0.954500 | 0.993450 | 1.042500 |
| Fibonacci | 0.815767 | 0.849383 | 0.870151 | 0.903767 | 0.937383 | 0.958151 | 0.991767 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.252733 | 0.387467 | 0.498333 | 0.633067 | 0.743933 | 0.878667 | 0.989533 |
| Camarilla | 0.541660 | 0.564173 | 0.586687 | 0.609200 | 0.631713 | 0.654227 | 0.676740 |
| Woodie | 0.240800 | 0.381500 | 0.486400 | 0.627100 | 0.732000 | 0.872700 | 0.977600 |
| Fibonacci | 0.387467 | 0.481286 | 0.539248 | 0.633067 | 0.726886 | 0.784848 | 0.878667 |
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): | 72.68 | |
| MACD (12,26,9): | 0.0496 | |
| Directional Movement: | 25.209497 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 1.125790 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.045115 | |
| Elder Ray (13): | 0.059829 | |
| Super Trend (3,10): | 1.046133 | |
| Zig ZAG (10): | 1.150000 | |
| VORTEX (21): | 1.2987 | |
| Stochastique (14,3,5): | 90.70 | |
| TEMA (21): | 1.150068 | |
| Williams %R (14): | -8.97 | |
| Chande Momentum Oscillator (20): | 0.091000 | |
| Repulse (5,40,3): | 3.7152 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6353 | |
| Courbe Coppock: | 18.09 |
| MA7: | 0.865586 | |
| MA20: | 0.776360 | |
| MA50: | 0.495916 | |
| MA100: | 0.369632 | |
| MAexp7: | 1.120835 | |
| MAexp20: | 1.064059 | |
| MAexp50: | 0.997908 | |
| MAexp100: | 0.930566 | |
| Price / MA7: | +33.44% | |
| Price / MA20: | +48.77% | |
| Price / MA50: | +132.90% | |
| Price / MA100: | +212.47% | |
| Price / MAexp7: | +2.96% | |
| Price / MAexp20: | +8.45% | |
| Price / MAexp50: | +15.64% | |
| Price / MAexp100: | +24.01% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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