SYSCOIN - SYS/USDT - Daily - Technical analysis published on 02/28/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 0.713767 USDT
My targets
0.569867 USDT (-9.01%)
0.471300 USDT (-24.75%)
My analysis
In the short term, we can see an acceleration in the bearish trend on SYSCOIN - SYS/USDT, which is a positive signal for sellers. As long as the price remains above 0.713767 USDT, a sale could be considered. The first bearish objective is located at 0.569867 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.471300 USDT as an objective. Crossing it would then enable sellers to target 0.278100 USDT. If the price were to return above 0.713767 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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Additional analysis
Quotes
The SYSCOIN - SYS/USDT price is 0.626300 USDT. The price has increased by +11.03% since the last closing and was traded between 0.556100 USDT and 0.640000 USDT over the period. The price is currently at +12.62% from its lowest and -2.14% from its highest.0.556100
0.640000
0.626300
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SYSCOIN - SYS/USDT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of SYSCOIN - SYS/USDT indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.124744 | 0.278100 | 0.471300 | 0.626300 | 0.772700 | 0.853229 | 1.211000 |
| Change (%) | -80.08% | -55.60% | -24.75% | - | +23.38% | +36.23% | +93.36% |
| Change | -0.501556 | -0.348200 | -0.155000 | - | +0.146400 | +0.226929 | +0.584700 |
| Level | Major | Intermediate | Major | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.411167 | 0.472033 | 0.518067 | 0.578933 | 0.624967 | 0.685833 | 0.731867 |
| Camarilla | 0.534703 | 0.544502 | 0.554301 | 0.564100 | 0.573899 | 0.583698 | 0.593498 |
| Woodie | 0.403750 | 0.468325 | 0.510650 | 0.575225 | 0.617550 | 0.682125 | 0.724450 |
| Fibonacci | 0.472033 | 0.512869 | 0.538098 | 0.578933 | 0.619769 | 0.644998 | 0.685833 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.168167 | 0.282833 | 0.440967 | 0.555633 | 0.713767 | 0.828433 | 0.986567 |
| Camarilla | 0.524080 | 0.549087 | 0.574093 | 0.599100 | 0.624107 | 0.649113 | 0.674120 |
| Woodie | 0.189900 | 0.293700 | 0.462700 | 0.566500 | 0.735500 | 0.839300 | 1.008300 |
| Fibonacci | 0.282833 | 0.387043 | 0.451424 | 0.555633 | 0.659843 | 0.724224 | 0.828433 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.026067 | 0.369633 | 0.569867 | 0.913433 | 1.113667 | 1.457233 | 1.657467 |
| Camarilla | 0.620555 | 0.670403 | 0.720252 | 0.770100 | 0.819948 | 0.869797 | 0.919645 |
| Woodie | -0.045600 | 0.333800 | 0.498200 | 0.877600 | 1.042000 | 1.421400 | 1.585800 |
| Fibonacci | 0.369633 | 0.577365 | 0.705702 | 0.913433 | 1.121165 | 1.249502 | 1.457233 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.03 | |
| MACD (12,26,9): | -0.0792 | |
| Directional Movement: | -7.140278 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.544119 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.646700 | |
| Elder Ray (13): | -0.007910 | |
| Super Trend (3,10): | 0.702984 | |
| Zig ZAG (10): | 0.620600 | |
| VORTEX (21): | 0.8442 | |
| Stochastique (14,3,5): | 40.58 | |
| TEMA (21): | 0.511612 | |
| Williams %R (14): | -53.78 | |
| Chande Momentum Oscillator (20): | -0.197100 | |
| Repulse (5,40,3): | 12.4266 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -1.4346 | |
| Courbe Coppock: | 65.50 |
| MA7: | 0.537400 | |
| MA20: | 0.681140 | |
| MA50: | 0.828926 | |
| MA100: | 0.802630 | |
| MAexp7: | 0.574910 | |
| MAexp20: | 0.649635 | |
| MAexp50: | 0.744615 | |
| MAexp100: | 0.725264 | |
| Price / MA7: | +16.54% | |
| Price / MA20: | -8.05% | |
| Price / MA50: | -24.44% | |
| Price / MA100: | -21.97% | |
| Price / MAexp7: | +8.94% | |
| Price / MAexp20: | -3.59% | |
| Price / MAexp50: | -15.89% | |
| Price / MAexp100: | -13.65% |
Quotes :
-
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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