JOE - JOE/USDT - 1H - Technical analysis published on 05/22/2023 (GMT)
- 145
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.363867 USDT
My targets
0.373400 USDT (+1.91%)
0.387500 USDT (+5.76%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JOE - JOE/USDT as long as the price remains well above 0.363867 USDT. The buyers' bullish objective is set at 0.373400 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.387500 USDT. If there is any crossing, the next objective would be the resistance located at 0.401000 USDT.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.9
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 finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The JOE - JOE/USDT rating is 0.366400 USDT. The price registered an increase of +5.47% on the session with the lowest point at 0.341100 USDT and the highest point at 0.368400 USDT. The deviation from the price is +7.42% for the low point and -0.54% for the high point.0.341100
0.368400
0.366400
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by JOE - JOE/USDT:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this JOE - JOE/USDT chart shows a bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.319440 | 0.336800 | 0.363867 | 0.366400 | 0.373400 | 0.387500 | 0.401000 |
| Change (%) | -12.82% | -8.08% | -0.69% | - | +1.91% | +5.76% | +9.44% |
| Change | -0.046960 | -0.029600 | -0.002533 | - | +0.007000 | +0.021100 | +0.034600 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.315567 | 0.330133 | 0.338767 | 0.353333 | 0.361967 | 0.376533 | 0.385167 |
| Camarilla | 0.341020 | 0.343147 | 0.345273 | 0.347400 | 0.349527 | 0.351653 | 0.353780 |
| Woodie | 0.312600 | 0.328650 | 0.335800 | 0.351850 | 0.359000 | 0.375050 | 0.382200 |
| Fibonacci | 0.330133 | 0.338996 | 0.344471 | 0.353333 | 0.362196 | 0.367671 | 0.376533 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.194067 | 0.253433 | 0.307167 | 0.366533 | 0.420267 | 0.479633 | 0.533367 |
| Camarilla | 0.329798 | 0.340165 | 0.350533 | 0.360900 | 0.371268 | 0.381635 | 0.392003 |
| Woodie | 0.191250 | 0.252025 | 0.304350 | 0.365125 | 0.417450 | 0.478225 | 0.530550 |
| Fibonacci | 0.253433 | 0.296638 | 0.323329 | 0.366533 | 0.409738 | 0.436429 | 0.479633 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.128800 | 0.295800 | 0.384000 | 0.551000 | 0.639200 | 0.806200 | 0.894400 |
| Camarilla | 0.402020 | 0.425413 | 0.448807 | 0.472200 | 0.495593 | 0.518987 | 0.542380 |
| Woodie | 0.089400 | 0.276100 | 0.344600 | 0.531300 | 0.599800 | 0.786500 | 0.855000 |
| Fibonacci | 0.295800 | 0.393286 | 0.453514 | 0.551000 | 0.648486 | 0.708714 | 0.806200 |
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): | 67.68 | |
| MACD (12,26,9): | 0.0034 | |
| Directional Movement: | 12.827648 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.361878 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.357677 | |
| Elder Ray (13): | 0.006345 | |
| Super Trend (3,10): | 0.354603 | |
| Zig ZAG (10): | 0.367300 | |
| VORTEX (21): | 1.2058 | |
| Stochastique (14,3,5): | 95.28 | |
| TEMA (21): | 0.366408 | |
| Williams %R (14): | -4.89 | |
| Chande Momentum Oscillator (20): | 0.018400 | |
| Repulse (5,40,3): | 1.8723 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0537 | |
| Courbe Coppock: | 9.11 |
| MA7: | 0.369086 | |
| MA20: | 0.359420 | |
| MA50: | 0.482194 | |
| MA100: | 0.399133 | |
| MAexp7: | 0.363999 | |
| MAexp20: | 0.358648 | |
| MAexp50: | 0.358082 | |
| MAexp100: | 0.360190 | |
| Price / MA7: | -0.73% | |
| Price / MA20: | +1.94% | |
| Price / MA50: | -24.01% | |
| Price / MA100: | -8.20% | |
| Price / MAexp7: | +0.66% | |
| Price / MAexp20: | +2.16% | |
| Price / MAexp50: | +2.32% | |
| Price / MAexp100: | +1.72% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis JOE - JOE/USDT - 1H