JOE - JOE/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	JOEUSDT
ISIN:

JOE - JOE/USDT - Daily - Technical analysis published on 05/22/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

44%

17%

39%

My opinion

Bearish under 0.384000 USDT

My targets

0.319440 USDT (-12.79%)

0.295800 USDT (-19.25%)

My analysis

There is a bearish trend on JOE - JOE/USDT both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.384000 USDT. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.319440 USDT. Then the price could move towards 0.295800 USDT. Then 0.194650 USDT by extension. Be careful, a return to above the resistance 0.384000 USDT would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

2.3

Comment on the analysis

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 price is 0.366300 USDT. The price has increased by +5.44% since the last closing and was between 0.341100 USDT and 0.368400 USDT. This implies that the price is at +7.39% from its lowest and at -0.57% from its highest.

0.341100

0.368400

0.366300

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by JOE - JOE/USDT:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of JOE - JOE/USDT in Daily shows an overall bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, only 8 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.137207	0.194650	0.319440	0.366300	0.373400	0.511100	0.566800
Change (%)	-62.54%	-46.86%	-12.79%	-	+1.94%	+39.53%	+54.74%
Change	-0.229093	-0.171650	-0.046860	-	+0.007100	+0.144800	+0.200500
Level	Minor	Intermediate	Major	-	Intermediate	Minor	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):	44.08
MACD (12,26,9):	-0.0280
Directional Movement:	-4.766056
AROON (14):	64.285714
DEMA (21):	0.338572
Parabolic SAR (0,02-0,02-0,2):	0.425900
Elder Ray (13):	-0.012070
Super Trend (3,10):	0.429138
Zig ZAG (10):	0.367400
VORTEX (21):	0.8639
Stochastique (14,3,5):	41.70
TEMA (21):	0.335578
Williams %R (14):	-51.81
Chande Momentum Oscillator (20):	0.022400
Repulse (5,40,3):	2.5237
ROCnROLL:	-1
TRIX (15,9):	-1.3176
Courbe Coppock:	1.97

MA7:	0.369086
MA20:	0.359420
MA50:	0.482194
MA100:	0.399133
MAexp7:	0.362474
MAexp20:	0.380620
MAexp50:	0.416307
MAexp100:	0.391400
Price / MA7:	-0.75%
Price / MA20:	+1.91%
Price / MA50:	-24.03%
Price / MA100:	-8.23%
Price / MAexp7:	+1.06%
Price / MAexp20:	-3.76%
Price / MAexp50:	-12.01%
Price / MAexp100:	-6.41%

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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