CASPER - CSPR/USDT - 1H - Technical analysis published on 03/15/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 0.058340 USDT
My targets
0.055300 USDT (-2.98%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.058340 USDT remains possible. It is advisable to trade CASPER NETWORK - CSPR/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.058340 USDT. The next bearish objective for sellers is set at 0.055300 USDT. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 0.058340 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.1
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Additional analysis
Quotes
The CASPER NETWORK - CSPR/USDT rating is 0.057000 USDT. On the day, this instrument lost -2.35% and was between 0.054780 USDT and 0.058740 USDT. This implies that the price is at +4.05% from its lowest and at -2.96% from its highest.0.054780
0.058740
0.057000
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this CASPER NETWORK - CSPR/USDT chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.055300 | 0.057000 | 0.057030 | 0.058340 | 0.061620 |
| Change (%) | -2.98% | - | +0.05% | +2.35% | +8.11% |
| Change | -0.001700 | - | +0.000030 | +0.001340 | +0.004620 |
| Level | Intermediate | - | Minor | Intermediate | Minor |
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 | 0.051280 | 0.053290 | 0.055830 | 0.057840 | 0.060380 | 0.062390 | 0.064930 |
| Camarilla | 0.057119 | 0.057536 | 0.057953 | 0.058370 | 0.058787 | 0.059204 | 0.059621 |
| Woodie | 0.051545 | 0.053423 | 0.056095 | 0.057973 | 0.060645 | 0.062523 | 0.065195 |
| Fibonacci | 0.053290 | 0.055028 | 0.056102 | 0.057840 | 0.059578 | 0.060652 | 0.062390 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.041563 | 0.049947 | 0.054423 | 0.062807 | 0.067283 | 0.075667 | 0.080143 |
| Camarilla | 0.055364 | 0.056542 | 0.057721 | 0.058900 | 0.060079 | 0.061258 | 0.062437 |
| Woodie | 0.039610 | 0.048970 | 0.052470 | 0.061830 | 0.065330 | 0.074690 | 0.078190 |
| Fibonacci | 0.049947 | 0.054859 | 0.057894 | 0.062807 | 0.067719 | 0.070754 | 0.075667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.028887 | 0.047243 | 0.061347 | 0.079703 | 0.093807 | 0.112163 | 0.126267 |
| Camarilla | 0.066524 | 0.069499 | 0.072475 | 0.075450 | 0.078426 | 0.081401 | 0.084377 |
| Woodie | 0.026760 | 0.046180 | 0.059220 | 0.078640 | 0.091680 | 0.111100 | 0.124140 |
| Fibonacci | 0.047243 | 0.059643 | 0.067304 | 0.079703 | 0.092103 | 0.099764 | 0.112163 |
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): | 52.70 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -3.059748 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.056241 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.054780 | |
| Elder Ray (13): | 0.000462 | |
| Super Trend (3,10): | 0.058073 | |
| Zig ZAG (10): | 0.057240 | |
| VORTEX (21): | 0.9841 | |
| Stochastique (14,3,5): | 69.11 | |
| TEMA (21): | 0.056261 | |
| Williams %R (14): | -10.87 | |
| Chande Momentum Oscillator (20): | -0.000230 | |
| Repulse (5,40,3): | 1.7975 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1128 | |
| Courbe Coppock: | 3.92 |
| MA7: | 0.059763 | |
| MA20: | 0.066861 | |
| MA50: | 0.078500 | |
| MA100: | - | |
| MAexp7: | 0.056563 | |
| MAexp20: | 0.056731 | |
| MAexp50: | 0.057474 | |
| MAexp100: | 0.058669 | |
| Price / MA7: | -4.62% | |
| Price / MA20: | -14.75% | |
| Price / MA50: | -27.39% | |
| Price / MA100: | - | |
| Price / MAexp7: | +0.77% | |
| Price / MAexp20: | +0.47% | |
| Price / MAexp50: | -0.82% | |
| Price / MAexp100: | -2.84% |
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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