STACKS - STX/USDT - 1H - Technical analysis published on 03/18/2023 (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:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 1.227100 USDT
My targets
1.531000 USDT (+22.19%)
1.585700 USDT (+26.55%)
My analysis
The bullish trend is currently very strong on STACKS - STX/USDT. As long as the price remains above the support at 1.227100 USDT, you could try to benefit from the boom. The first bullish objective is located at 1.531000 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.585700 USDT as an objective. Crossing it would then enable buyers to target 1.829000 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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Additional analysis
Quotes
STACKS - STX/USDT rating 1.253000 USDT. The price has increased by +6.82% since the last closing with the lowest point at 1.164000 USDT and the highest point at 1.291000 USDT. The deviation from the price is +7.65% for the low point and -2.94% for the high point.1.164000
1.291000
1.253000
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by STACKS - STX/USDT:
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 detects abnormal volumes on the asset:
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 strongly bullish trend. 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.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
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 | 0.874640 | 0.986400 | 1.133000 | 1.253000 | 1.531000 | 1.829000 | 2.878000 |
| Change (%) | -30.20% | -21.28% | -9.58% | - | +22.19% | +45.97% | +129.69% |
| Change | -0.378360 | -0.266600 | -0.120000 | - | +0.278000 | +0.576000 | +1.625000 |
| Level | Minor | 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 | 0.684000 | 0.789600 | 0.980800 | 1.086400 | 1.277600 | 1.383200 | 1.574400 |
| Camarilla | 1.090380 | 1.117587 | 1.144793 | 1.172000 | 1.199207 | 1.226413 | 1.253620 |
| Woodie | 0.726800 | 0.811000 | 1.023600 | 1.107800 | 1.320400 | 1.404600 | 1.617200 |
| Fibonacci | 0.789600 | 0.902978 | 0.973022 | 1.086400 | 1.199778 | 1.269822 | 1.383200 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 73.69 | |
| MACD (12,26,9): | 0.0581 | |
| Directional Movement: | 23.160926 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 1.275489 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.287594 | |
| Elder Ray (13): | 0.033956 | |
| Super Trend (3,10): | 1.157874 | |
| Zig ZAG (10): | 1.261000 | |
| VORTEX (21): | 1.3093 | |
| Stochastique (14,3,5): | 75.30 | |
| TEMA (21): | 1.285924 | |
| Williams %R (14): | -22.22 | |
| Chande Momentum Oscillator (20): | 0.090000 | |
| Repulse (5,40,3): | 1.6294 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.8197 | |
| Courbe Coppock: | 21.29 |
| MA7: | 0.962557 | |
| MA20: | 0.809505 | |
| MA50: | 0.516072 | |
| MA100: | 0.379952 | |
| MAexp7: | 1.250616 | |
| MAexp20: | 1.196200 | |
| MAexp50: | 1.099062 | |
| MAexp100: | 1.003820 | |
| Price / MA7: | +30.17% | |
| Price / MA20: | +54.79% | |
| Price / MA50: | +142.80% | |
| Price / MA100: | +229.78% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +4.75% | |
| Price / MAexp50: | +14.01% | |
| Price / MAexp100: | +24.82% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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