SPELL TOKEN - SPELL/USDT
SPELL TOKEN - SPELL/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: SPELLUSDT
ISIN:

SPELL TOKEN - SPELL/USDT - Daily - Technical analysis published on 04/18/2024 (GMT)

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  • Timeframe : Daily
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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

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

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:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

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


S2S1PriceR1R2R3
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
Standard0.0007290.0007590.0007930.0008230.0008570.0008870.000921
Camarilla0.0008100.0008160.0008220.0008280.0008340.0008400.000846
Woodie0.0007320.0007600.0007960.0008240.0008600.0008880.000924
Fibonacci0.0007590.0007830.0007980.0008230.0008470.0008620.000887


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0000090.0003330.0005640.0009060.0011370.0014790.001710
Camarilla0.0006380.0006910.0007440.0007960.0008490.0009010.000954
Woodie-0.0000640.0003050.0005100.0008780.0010830.0014510.001656
Fibonacci0.0003330.0005520.0006870.0009060.0011250.0012600.001479


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0000150.0004930.0008880.0013960.0017910.0022990.002694
Camarilla0.0010360.0011190.0012010.0012840.0013670.0014500.001532
Woodie-0.0000710.0004650.0008330.0013680.0017360.0022710.002639
Fibonacci0.0004930.0008380.0010510.0013960.0017410.0019540.002299

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 - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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