XYO - XYO/USD - 1H - Technical analysis published on 01/23/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.005614 USD
My targets
0.005217 USD (-2.79%)
0.004805 USD (-10.47%)
My analysis
XY ORACLE - XYO/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.005614 USD. The next support located at 0.005217 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.004805 USD. Below this support, sellers could then target 0.003713 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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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 0.005367 USD. The price is lower by -0.02% since the last closing and was between 0.005349 USD and 0.005419 USD. This implies that the price is at +0.34% from its lowest and at -0.96% from its highest.0.005349
0.005419
0.005367
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by XY ORACLE - XYO/USD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of XY ORACLE - XYO/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly 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.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.002978 | 0.003713 | 0.005349 | 0.005367 | 0.005614 | 0.005755 | 0.005970 |
| Change (%) | -44.51% | -30.82% | -0.34% | - | +4.60% | +7.23% | +11.24% |
| Change | -0.002389 | -0.001654 | -0.000018 | - | +0.000247 | +0.000388 | +0.000603 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004963 | 0.005156 | 0.005262 | 0.005455 | 0.005561 | 0.005754 | 0.005860 |
| Camarilla | 0.005286 | 0.005313 | 0.005341 | 0.005368 | 0.005395 | 0.005423 | 0.005450 |
| Woodie | 0.004920 | 0.005134 | 0.005219 | 0.005433 | 0.005518 | 0.005732 | 0.005817 |
| Fibonacci | 0.005156 | 0.005270 | 0.005341 | 0.005455 | 0.005569 | 0.005640 | 0.005754 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004130 | 0.004805 | 0.005217 | 0.005892 | 0.006304 | 0.006979 | 0.007391 |
| Camarilla | 0.005330 | 0.005430 | 0.005529 | 0.005629 | 0.005729 | 0.005828 | 0.005928 |
| Woodie | 0.003999 | 0.004739 | 0.005086 | 0.005826 | 0.006173 | 0.006913 | 0.007260 |
| Fibonacci | 0.004805 | 0.005220 | 0.005477 | 0.005892 | 0.006307 | 0.006564 | 0.006979 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001743 | 0.003473 | 0.004935 | 0.006665 | 0.008127 | 0.009857 | 0.011319 |
| Camarilla | 0.005520 | 0.005813 | 0.006105 | 0.006398 | 0.006691 | 0.006983 | 0.007276 |
| Woodie | 0.001610 | 0.003406 | 0.004802 | 0.006598 | 0.007994 | 0.009790 | 0.011186 |
| Fibonacci | 0.003473 | 0.004692 | 0.005445 | 0.006665 | 0.007884 | 0.008637 | 0.009857 |
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): | 28.46 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -14.989252 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.005360 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005419 | |
| Elder Ray (13): | -0.000038 | |
| Super Trend (3,10): | 0.005456 | |
| Zig ZAG (10): | 0.005349 | |
| VORTEX (21): | 0.7972 | |
| Stochastique (14,3,5): | 18.00 | |
| TEMA (21): | 0.005357 | |
| Williams %R (14): | -72.00 | |
| Chande Momentum Oscillator (20): | -0.000021 | |
| Repulse (5,40,3): | 0.1078 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1249 | |
| Courbe Coppock: | 2.46 |
| MA7: | 0.005593 | |
| MA20: | 0.005755 | |
| MA50: | 0.006007 | |
| MA100: | 0.004945 | |
| MAexp7: | 0.005386 | |
| MAexp20: | 0.005420 | |
| MAexp50: | 0.005492 | |
| MAexp100: | 0.005566 | |
| Price / MA7: | -4.04% | |
| Price / MA20: | -6.74% | |
| Price / MA50: | -10.65% | |
| Price / MA100: | +8.53% | |
| Price / MAexp7: | -0.35% | |
| Price / MAexp20: | -0.98% | |
| Price / MAexp50: | -2.28% | |
| Price / MAexp100: | -3.58% |
Quotes :
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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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