SPELL TOKEN - SPELL/USDT - Daily - Technical analysis published on 04/18/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.000888 USDT
My targets
0.000696 USDT (-17.92%)
0.000567 USDT (-33.14%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SPELL TOKEN - SPELL/USDT as long as the price remains well below 0.000888 USDT. The sellers' bearish objective is set at 0.000696 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.000567 USDT.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SPELL TOKEN - SPELL/USDT rating 0.000848 USDT. The price registered an increase of +2.42% on the session and was between 0.000805 USDT and 0.000856 USDT. This implies that the price is at +5.34% from its lowest and at -0.93% from its highest.0.000805
0.000856
0.000848
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this SPELL TOKEN - SPELL/USDT chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.000567 | 0.000696 | 0.000848 | 0.001087 | 0.001202 | 0.001467 |
| Change (%) | -33.14% | -17.92% | - | +28.18% | +41.75% | +73.00% |
| Change | -0.000281 | -0.000152 | - | +0.000239 | +0.000354 | +0.000619 |
| Level | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000729 | 0.000759 | 0.000793 | 0.000823 | 0.000857 | 0.000887 | 0.000921 |
| Camarilla | 0.000810 | 0.000816 | 0.000822 | 0.000828 | 0.000834 | 0.000840 | 0.000846 |
| Woodie | 0.000732 | 0.000760 | 0.000796 | 0.000824 | 0.000860 | 0.000888 | 0.000924 |
| Fibonacci | 0.000759 | 0.000783 | 0.000798 | 0.000823 | 0.000847 | 0.000862 | 0.000887 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000009 | 0.000333 | 0.000564 | 0.000906 | 0.001137 | 0.001479 | 0.001710 |
| Camarilla | 0.000638 | 0.000691 | 0.000744 | 0.000796 | 0.000849 | 0.000901 | 0.000954 |
| Woodie | -0.000064 | 0.000305 | 0.000510 | 0.000878 | 0.001083 | 0.001451 | 0.001656 |
| Fibonacci | 0.000333 | 0.000552 | 0.000687 | 0.000906 | 0.001125 | 0.001260 | 0.001479 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000015 | 0.000493 | 0.000888 | 0.001396 | 0.001791 | 0.002299 | 0.002694 |
| Camarilla | 0.001036 | 0.001119 | 0.001201 | 0.001284 | 0.001367 | 0.001450 | 0.001532 |
| Woodie | -0.000071 | 0.000465 | 0.000833 | 0.001368 | 0.001736 | 0.002271 | 0.002639 |
| Fibonacci | 0.000493 | 0.000838 | 0.001051 | 0.001396 | 0.001741 | 0.001954 | 0.002299 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 37.74 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -13.276013 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.000905 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.001258 | |
| Elder Ray (13): | -0.000128 | |
| Super Trend (3,10): | 0.001193 | |
| Zig ZAG (10): | 0.000850 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 28.80 | |
| TEMA (21): | 0.000809 | |
| Williams %R (14): | -69.63 | |
| Chande Momentum Oscillator (20): | -0.000294 | |
| Repulse (5,40,3): | 3.0871 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8399 | |
| Courbe Coppock: | 49.97 |
| MA7: | 0.000851 | |
| MA20: | 0.001056 | |
| MA50: | 0.001213 | |
| MA100: | 0.000905 | |
| MAexp7: | 0.000886 | |
| MAexp20: | 0.001015 | |
| MAexp50: | 0.001059 | |
| MAexp100: | 0.000959 | |
| Price / MA7: | -0.35% | |
| Price / MA20: | -19.70% | |
| Price / MA50: | -30.09% | |
| Price / MA100: | -6.30% | |
| Price / MAexp7: | -4.29% | |
| Price / MAexp20: | -16.45% | |
| Price / MAexp50: | -19.92% | |
| Price / MAexp100: | -11.57% |
Quotes :
-
Real time data
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Cryptocompare
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