XYO - XYO/USD - 1H - Technical analysis published on 10/05/2024 (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 bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.005989 USD
My targets
0.006477 USD (+3.30%)
0.007000 USD (+11.64%)
My analysis
The bullish trend is currently very strong on XY ORACLE - XYO/USD. As long as the price remains above the support at 0.005989 USD, you could try to benefit from the boom. The first bullish objective is located at 0.006477 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.007000 USD as an objective. Crossing it would then enable buyers to target 0.007347 USD. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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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 0.006270 USD. The price registered an increase of +6.09% on the session and was traded between 0.005771 USD and 0.006487 USD over the period. The price is currently at +8.65% from its lowest and -3.35% from its highest.0.005771
0.006487
0.006270
Here is a more detailed summary of the historical variations registered by XY ORACLE - XYO/USD:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of XY ORACLE - XYO/USD in 1H shows a strongly overall bullish trend. 85.71% 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.005400 | 0.005621 | 0.005989 | 0.006270 | 0.006477 | 0.007000 | 0.007347 |
Change (%) | -13.88% | -10.35% | -4.48% | - | +3.30% | +11.64% | +17.18% |
Change | -0.000870 | -0.000649 | -0.000281 | - | +0.000207 | +0.000730 | +0.001077 |
Level | Intermediate | Major | Intermediate | - | Major | Major | 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 | 0.005079 | 0.005345 | 0.005628 | 0.005894 | 0.006177 | 0.006443 | 0.006726 |
Camarilla | 0.005759 | 0.005809 | 0.005860 | 0.005910 | 0.005960 | 0.006011 | 0.006061 |
Woodie | 0.005087 | 0.005349 | 0.005636 | 0.005898 | 0.006185 | 0.006447 | 0.006734 |
Fibonacci | 0.005345 | 0.005555 | 0.005685 | 0.005894 | 0.006104 | 0.006234 | 0.006443 |
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): | 63.37 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | 23.966010 | |
AROON (14): | 64.285714 | |
DEMA (21): | 0.006130 | |
Parabolic SAR (0,02-0,02-0,2): | 0.005840 | |
Elder Ray (13): | 0.000150 | |
Super Trend (3,10): | 0.005897 | |
Zig ZAG (10): | 0.006212 | |
VORTEX (21): | 1.1325 | |
Stochastique (14,3,5): | 59.76 | |
TEMA (21): | 0.006184 | |
Williams %R (14): | -41.09 | |
Chande Momentum Oscillator (20): | 0.000381 | |
Repulse (5,40,3): | 0.3835 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1374 | |
Courbe Coppock: | 10.48 |
MA7: | 0.005856 | |
MA20: | 0.005208 | |
MA50: | 0.004858 | |
MA100: | 0.005261 | |
MAexp7: | 0.006156 | |
MAexp20: | 0.006022 | |
MAexp50: | 0.005916 | |
MAexp100: | 0.005833 | |
Price / MA7: | +7.07% | |
Price / MA20: | +20.39% | |
Price / MA50: | +29.07% | |
Price / MA100: | +19.18% | |
Price / MAexp7: | +1.85% | |
Price / MAexp20: | +4.12% | |
Price / MAexp50: | +5.98% | |
Price / MAexp100: | +7.49% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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