THE GRAPH - GRT/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	GRTUSDT
ISIN:

THE GRAPH - GRT/USDT - Daily - Technical analysis published on 01/03/2024 (GMT)

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 0.198342 USDT

My targets

0.238886 USDT (+13.29%)

0.273499 USDT (+29.71%)

My analysis

The bullish trend is currently very strong on THE GRAPH - GRT/USDT. As long as the price remains above the support at 0.198342 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.238886 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.273499 USDT as an objective. Crossing it would then enable buyers to target 0.492200 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

8.9

Comment on the analysis

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 Blackoin. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The THE GRAPH - GRT/USDT rating is 0.210854 USDT. The price registered an increase of +1.70% on the session and was between 0.206640 USDT and 0.215173 USDT. This implies that the price is at +2.04% from its lowest and at -2.01% from its highest.

0.206640

0.215173

0.210854

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

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, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of THE GRAPH - GRT/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.114357	0.155272	0.198342	0.210854	0.492200	1.208000	2.098000
Change (%)	-45.76%	-26.36%	-5.93%	-	+133.43%	+472.91%	+895.00%
Change	-0.096497	-0.055582	-0.012512	-	+0.281346	+0.997146	+1.887146
Level	Minor	Intermediate	Intermediate	-	Minor	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	0.181414	0.193676	0.200503	0.212765	0.219592	0.231854	0.238681
Camarilla	0.202082	0.203831	0.205581	0.207331	0.209081	0.210831	0.212581
Woodie	0.178698	0.192317	0.197787	0.211406	0.216876	0.230495	0.235965
Fibonacci	0.193676	0.200968	0.205473	0.212765	0.220057	0.224562	0.231854

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.136034	0.154935	0.166473	0.185374	0.196912	0.215813	0.227351
Camarilla	0.169641	0.172432	0.175222	0.178012	0.180802	0.183593	0.186383
Woodie	0.132354	0.153094	0.162793	0.183533	0.193232	0.213972	0.223671
Fibonacci	0.154935	0.166562	0.173746	0.185374	0.197001	0.204185	0.215813

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.087355	0.114790	0.149403	0.176838	0.211451	0.238886	0.273499
Camarilla	0.166952	0.172640	0.178327	0.184015	0.189703	0.195391	0.201078
Woodie	0.090943	0.116585	0.152991	0.178633	0.215039	0.240681	0.277087
Fibonacci	0.114790	0.138493	0.153136	0.176838	0.200541	0.215184	0.238886

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):	65.17
MACD (12,26,9):	0.0125
Directional Movement:	26.688431
AROON (14):	92.857143
DEMA (21):	0.201569
Parabolic SAR (0,02-0,02-0,2):	0.176774
Elder Ray (13):	0.018591
Super Trend (3,10):	0.165784
Zig ZAG (10):	0.210585
VORTEX (21):	1.1439
Stochastique (14,3,5):	83.07
TEMA (21):	0.204861
Williams %R (14):	-21.43
Chande Momentum Oscillator (20):	0.019693
Repulse (5,40,3):	3.8055
ROCnROLL:	1
TRIX (15,9):	0.8989
Courbe Coppock:	39.88

MA7:	0.195330
MA20:	0.181957
MA50:	0.162730
MA100:	0.131104
MAexp7:	0.199734
MAexp20:	0.185801
MAexp50:	0.165049
MAexp100:	0.144379
Price / MA7:	+7.95%
Price / MA20:	+15.88%
Price / MA50:	+29.57%
Price / MA100:	+60.83%
Price / MAexp7:	+5.57%
Price / MAexp20:	+13.48%
Price / MAexp50:	+27.75%
Price / MAexp100:	+46.04%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

15828

Number of analyses :

94829

Followers :

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…