XYO - XYO/USD - 1H - Technical analysis published on 09/18/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.007520 USD
My targets
0.008100 USD (+4.92%)
0.008458 USD (+9.56%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for XY ORACLE - XYO/USD as long as the price remains well above 0.007520 USD. The buyers' bullish objective is set at 0.008100 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.008458 USD. If there is any crossing, the next objective would be the resistance located at 0.009149 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.008100 USD. On this resistance, against the trend traders who would like to go short on XY ORACLE - XYO/USD with a bearish signal from their trading strategy, should not hesitate to act.
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
2.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The XY ORACLE - XYO/USD price is 0.007720 USD. On the day, this instrument lost -0.13% and was traded between 0.007700 USD and 0.007750 USD over the period. The price is currently at +0.26% from its lowest and -0.39% from its highest.0.007700
0.007750
0.007720
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this XY ORACLE - XYO/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.006245 | 0.007280 | 0.007520 | 0.007720 | 0.007746 | 0.008100 | 0.008458 |
| Change (%) | -19.11% | -5.70% | -2.59% | - | +0.34% | +4.92% | +9.56% |
| Change | -0.001475 | -0.000440 | -0.000200 | - | +0.000026 | +0.000380 | +0.000738 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | 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 | 0.007360 | 0.007450 | 0.007590 | 0.007680 | 0.007820 | 0.007910 | 0.008050 |
| Camarilla | 0.007667 | 0.007688 | 0.007709 | 0.007730 | 0.007751 | 0.007772 | 0.007793 |
| Woodie | 0.007385 | 0.007463 | 0.007615 | 0.007693 | 0.007845 | 0.007923 | 0.008075 |
| Fibonacci | 0.007450 | 0.007538 | 0.007592 | 0.007680 | 0.007768 | 0.007822 | 0.007910 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004727 | 0.006003 | 0.006867 | 0.008143 | 0.009007 | 0.010283 | 0.011147 |
| Camarilla | 0.007142 | 0.007338 | 0.007534 | 0.007730 | 0.007926 | 0.008122 | 0.008319 |
| Woodie | 0.004520 | 0.005900 | 0.006660 | 0.008040 | 0.008800 | 0.010180 | 0.010940 |
| Fibonacci | 0.006003 | 0.006821 | 0.007326 | 0.008143 | 0.008961 | 0.009466 | 0.010283 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003573 | 0.005337 | 0.006663 | 0.008427 | 0.009753 | 0.011517 | 0.012843 |
| Camarilla | 0.007140 | 0.007424 | 0.007707 | 0.007990 | 0.008273 | 0.008557 | 0.008840 |
| Woodie | 0.003355 | 0.005228 | 0.006445 | 0.008318 | 0.009535 | 0.011408 | 0.012625 |
| Fibonacci | 0.005337 | 0.006517 | 0.007246 | 0.008427 | 0.009607 | 0.010336 | 0.011517 |
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): | 60.82 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 19.577058 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.007697 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007625 | |
| Elder Ray (13): | 0.000037 | |
| Super Trend (3,10): | 0.007776 | |
| Zig ZAG (10): | 0.007710 | |
| VORTEX (21): | 1.0673 | |
| Stochastique (14,3,5): | 76.19 | |
| TEMA (21): | 0.007728 | |
| Williams %R (14): | -33.33 | |
| Chande Momentum Oscillator (20): | 0.000130 | |
| Repulse (5,40,3): | -0.2140 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0235 | |
| Courbe Coppock: | 3.49 |
| MA7: | 0.007903 | |
| MA20: | 0.007895 | |
| MA50: | 0.008292 | |
| MA100: | 0.007664 | |
| MAexp7: | 0.007711 | |
| MAexp20: | 0.007669 | |
| MAexp50: | 0.007679 | |
| MAexp100: | 0.007744 | |
| Price / MA7: | -2.32% | |
| Price / MA20: | -2.22% | |
| Price / MA50: | -6.90% | |
| Price / MA100: | +0.73% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.67% | |
| Price / MAexp50: | +0.53% | |
| Price / MAexp100: | -0.31% |
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.
About author
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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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