XYO - XYO/USD - 1H - Technical analysis published on 10/03/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.006467 USD
My targets
0.007000 USD (+5.23%)
0.007347 USD (+10.45%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on XY ORACLE - XYO/USD as long as the price remains well above 0.006467 USD. The buyers' bullish objective is set at 0.007000 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.007347 USD. If there is any crossing, the next objective would be the resistance located at 0.011770 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.7
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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 0.006652 USD. The price registered an increase of +22.51% on the session and was between 0.005420 USD and 0.006778 USD. This implies that the price is at +22.73% from its lowest and at -1.86% from its highest.0.005420
0.006778
0.006652
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of XY ORACLE - XYO/USD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : 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:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.005624 | 0.005989 | 0.006467 | 0.006652 | 0.007000 | 0.007347 | 0.011770 |
| Change (%) | -15.45% | -9.97% | -2.78% | - | +5.23% | +10.45% | +76.94% |
| Change | -0.001028 | -0.000663 | -0.000185 | - | +0.000348 | +0.000695 | +0.005118 |
| Level | Major | Minor | Intermediate | - | Intermediate | 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 | 0.005061 | 0.005211 | 0.005320 | 0.005470 | 0.005579 | 0.005729 | 0.005838 |
| Camarilla | 0.005359 | 0.005383 | 0.005406 | 0.005430 | 0.005454 | 0.005478 | 0.005501 |
| Woodie | 0.005042 | 0.005201 | 0.005301 | 0.005460 | 0.005560 | 0.005719 | 0.005819 |
| Fibonacci | 0.005211 | 0.005310 | 0.005371 | 0.005470 | 0.005569 | 0.005630 | 0.005729 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002590 | 0.003570 | 0.005040 | 0.006020 | 0.007490 | 0.008470 | 0.009940 |
| Camarilla | 0.005836 | 0.006061 | 0.006285 | 0.006510 | 0.006735 | 0.006959 | 0.007184 |
| Woodie | 0.002835 | 0.003693 | 0.005285 | 0.006143 | 0.007735 | 0.008593 | 0.010185 |
| Fibonacci | 0.003570 | 0.004506 | 0.005084 | 0.006020 | 0.006956 | 0.007534 | 0.008470 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000023 | 0.001665 | 0.003717 | 0.005359 | 0.007411 | 0.009053 | 0.011105 |
| Camarilla | 0.004754 | 0.005093 | 0.005431 | 0.005770 | 0.006109 | 0.006447 | 0.006786 |
| Woodie | 0.000229 | 0.001768 | 0.003923 | 0.005462 | 0.007617 | 0.009156 | 0.011311 |
| Fibonacci | 0.001665 | 0.003076 | 0.003948 | 0.005359 | 0.006770 | 0.007642 | 0.009053 |
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): | 82.14 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 44.374711 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.005822 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005460 | |
| Elder Ray (13): | 0.000594 | |
| Super Trend (3,10): | 0.005894 | |
| Zig ZAG (10): | 0.006281 | |
| VORTEX (21): | 1.3075 | |
| Stochastique (14,3,5): | 95.92 | |
| TEMA (21): | 0.005957 | |
| Williams %R (14): | -13.21 | |
| Chande Momentum Oscillator (20): | 0.000680 | |
| Repulse (5,40,3): | 9.6576 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0946 | |
| Courbe Coppock: | 11.30 |
| MA7: | 0.005919 | |
| MA20: | 0.005064 | |
| MA50: | 0.004805 | |
| MA100: | 0.005280 | |
| MAexp7: | 0.005918 | |
| MAexp20: | 0.005719 | |
| MAexp50: | 0.005658 | |
| MAexp100: | 0.005677 | |
| Price / MA7: | +12.38% | |
| Price / MA20: | +31.36% | |
| Price / MA50: | +38.44% | |
| Price / MA100: | +25.98% | |
| Price / MAexp7: | +12.40% | |
| Price / MAexp20: | +16.31% | |
| Price / MAexp50: | +17.57% | |
| Price / MAexp100: | +17.17% |
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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