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METIS - METIS/USDT
METIS - METIS/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: METISUSDT
ISIN:

METIS - METIS/USDT - Daily - Technical analysis published on 01/11/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 96.95 USDT
My targets
139.23 USDT (+22.11%)
164.69 USDT (+44.44%)
My analysis
METIS TOKEN - METIS/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 96.95 USDT. The next resistance located at 139.23 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 164.69 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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.

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

Additional analysis

Quotes

The METIS TOKEN - METIS/USDT price is 114.02 USDT. The price has increased by +17.23% since the last closing and was traded between 91.70 USDT and 114.30 USDT over the period. The price is currently at +24.34% from its lowest and -0.24% from its highest.

91.70
114.30
114.02

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.

Central Gaps

Bullish opening

Type : Bullish

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 results:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on METIS TOKEN - METIS/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this Daily chart of METIS TOKEN - METIS/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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 42.90 74.29 96.95 114.02 164.69
Change (%) -62.38% -34.84% -14.97% - +44.44%
Change -71.12 -39.73 -17.07 - +50.67
Level Intermediate Minor Major - Intermediate



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
Standard58.8268.7583.0092.93107.18117.11131.36
Camarilla90.6192.8395.0497.2699.48101.69103.91
Woodie60.9969.8385.1794.01109.35118.19133.53
Fibonacci68.7577.9883.6992.93102.16107.87117.11


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.6055.7267.9483.0695.28110.40122.62
Camarilla72.6575.1677.6680.1782.6885.1887.69
Woodie39.1655.0066.5082.3493.84109.68121.18
Fibonacci55.7266.1672.6183.0693.5099.95110.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-45.28-12.8130.7463.21106.76139.23182.78
Camarilla53.3960.3567.3274.2981.2688.2395.20
Woodie-39.74-10.0436.2865.98112.30142.00188.32
Fibonacci-12.8116.2334.1763.2192.25110.19139.23

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): 70.26
MACD (12,26,9): 14.5400
Directional Movement: 22.28
AROON (14): 71.43
DEMA (21): 98.38
Parabolic SAR (0,02-0,02-0,2): 71.93
Elder Ray (13): 15.18
Super Trend (3,10): 59.93
Zig ZAG (10): 111.45
VORTEX (21): 1.2000
Stochastique (14,3,5): 78.39
TEMA (21): 102.48
Williams %R (14): -0.55
Chande Momentum Oscillator (20): 29.72
Repulse (5,40,3): 35.6100
ROCnROLL: 1
TRIX (15,9): 4.2000
Courbe Coppock: 86.90
MA7: 89.22
MA20: 81.66
MA50: 46.89
MA100: 30.79
MAexp7: 93.65
MAexp20: 78.84
MAexp50: 56.27
MAexp100: 40.32
Price / MA7: +27.80%
Price / MA20: +39.63%
Price / MA50: +143.16%
Price / MA100: +270.32%
Price / MAexp7: +21.75%
Price / MAexp20: +44.62%
Price / MAexp50: +102.63%
Price / MAexp100: +182.79%

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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