COINBASE GLB.CL.A -.00001
COINBASE GLB.CL.A -.00001
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: 1QZ
ISIN:

COINBASE GLB.CL.A -.00001 - 1H - Technical analysis published on 08/29/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 78.20 EUR
My targets
81.16 EUR (+3.17%)
85.56 EUR (+8.76%)
My analysis
COINBASE GLB.CL.A -.00001 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 78.20 EUR. The next resistance located at 81.16 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 85.56 EUR. After this resistance, buyers could then target 90.70 EUR.

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
6.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

COINBASE GLB.CL.A -.00001 rating 78.67 EUR. The price registered an increase of +15.52% on the session and was between 68.00 EUR and 79.11 EUR. This implies that the price is at +15.69% from its lowest and at -0.56% from its highest.

68.00
79.11
78.67

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of COINBASE GLB.CL.A -.00001 in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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:

Central Candlesticks

White line without lower shadow

Type : Bullish

Timeframe : 1 hour


Upside gap

Type : Bullish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 66.70 72.95 78.20 78.67 81.16 90.70 96.05
Change (%) -15.22% -7.27% -0.60% - +3.17% +15.29% +22.09%
Change -11.97 -5.72 -0.47 - +2.49 +12.03 +17.38
Level Major Intermediate Intermediate - Intermediate 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
Standard65.9966.9967.5568.5569.1170.1170.67
Camarilla67.6767.8167.9668.1068.2468.3968.53
Woodie65.7666.8867.3268.4468.8870.0070.44
Fibonacci66.9967.5967.9668.5569.1569.5270.11


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard59.3362.9765.7369.3772.1375.7778.53
Camarilla66.7467.3367.9168.5069.0969.6770.26
Woodie58.9062.7565.3069.1571.7075.5578.10
Fibonacci62.9765.4166.9269.3771.8173.3275.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard34.5050.3469.7285.56104.94120.78140.16
Camarilla79.4282.6485.8789.1092.3395.5698.79
Woodie36.2751.2371.4986.45106.71121.67141.93
Fibonacci50.3463.7972.1185.5699.01107.33120.78

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): 78.12
MACD (12,26,9): 0.3800
Directional Movement: 47.59
AROON (14): 57.14
DEMA (21): 69.76
Parabolic SAR (0,02-0,02-0,2): 67.38
Elder Ray (13): 3.64
Super Trend (3,10): 69.71
Zig ZAG (10): 76.70
VORTEX (21): 0.9900
Stochastique (14,3,5): 70.44
TEMA (21): 70.71
Williams %R (14): -1.51
Chande Momentum Oscillator (20): 8.24
Repulse (5,40,3): 13.9400
ROCnROLL: 1
TRIX (15,9): -0.0400
Courbe Coppock: 4.67
MA7: 69.80
MA20: 73.88
MA50: 76.18
MA100: 64.93
MAexp7: 70.97
MAexp20: 69.44
MAexp50: 69.59
MAexp100: 71.22
Price / MA7: +12.71%
Price / MA20: +6.48%
Price / MA50: +3.27%
Price / MA100: +21.16%
Price / MAexp7: +10.85%
Price / MAexp20: +13.29%
Price / MAexp50: +13.05%
Price / MAexp100: +10.46%

Quotes : - 15 min delayed data - Germany Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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