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 12/21/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 0.636567 USDT

My targets

My analysis

JOE - JOE/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.636567 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

7.7

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 MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

JOE - JOE/USDT rating 0.705325 USDT. On the day, this instrument gained +18.47% with the lowest point at 0.586548 USDT and the highest point at 0.705325 USDT. The deviation from the price is +20.25% for the low point and 0% for the high point.

0.586548

0.705325

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of JOE - JOE/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	0.372564	0.419177	0.636567	0.705325	0.712503
Change (%)	-47.18%	-40.57%	-9.75%	-	+1.02%
Change	-0.332761	-0.286148	-0.068758	-	+0.007178
Level	Minor	Minor	Major	-	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.542233	0.561315	0.578347	0.597429	0.614461	0.633543	0.650575
Camarilla	0.585448	0.588758	0.592069	0.595379	0.598690	0.602000	0.605310
Woodie	0.541208	0.560803	0.577322	0.596917	0.613436	0.633031	0.649550
Fibonacci	0.561315	0.575111	0.583634	0.597429	0.611225	0.619748	0.633543

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.347638	0.452439	0.544287	0.649088	0.740936	0.845737	0.937585
Camarilla	0.582058	0.600084	0.618110	0.636136	0.654162	0.672188	0.690215
Woodie	0.341163	0.449201	0.537812	0.645850	0.734461	0.842499	0.931110
Fibonacci	0.452439	0.527559	0.573968	0.649088	0.724208	0.770617	0.845737

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.110597	0.188779	0.292436	0.370618	0.474275	0.552457	0.656114
Camarilla	0.346086	0.362755	0.379423	0.396092	0.412761	0.429429	0.446098
Woodie	0.123334	0.195148	0.305173	0.376987	0.487012	0.558826	0.668851
Fibonacci	0.188779	0.258242	0.301156	0.370618	0.440081	0.482995	0.552457

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):	70.19
MACD (12,26,9):	0.0584
Directional Movement:	20.434930
AROON (14):	35.714286
DEMA (21):	0.659032
Parabolic SAR (0,02-0,02-0,2):	0.727955
Elder Ray (13):	0.036607
Super Trend (3,10):	0.513566
Zig ZAG (10):	0.699238
VORTEX (21):	1.1446
Stochastique (14,3,5):	50.17
TEMA (21):	0.666149
Williams %R (14):	-23.43
Chande Momentum Oscillator (20):	0.053194
Repulse (5,40,3):	16.9502
ROCnROLL:	1
TRIX (15,9):	1.9956
Courbe Coppock:	45.35

MA7:	0.624614
MA20:	0.586073
MA50:	0.447154
MA100:	0.345735
MAexp7:	0.629049
MAexp20:	0.579094
MAexp50:	0.478048
MAexp100:	0.404589
Price / MA7:	+12.92%
Price / MA20:	+20.35%
Price / MA50:	+57.74%
Price / MA100:	+104.01%
Price / MAexp7:	+12.11%
Price / MAexp20:	+21.78%
Price / MAexp50:	+47.52%
Price / MAexp100:	+74.31%

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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