WOO - WOO/USDT - 15 min. - Technical analysis published on 08/27/2023 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 0.174967 USDT
My targets
0.160300 USDT (-4.30%)
0.148800 USDT (-11.16%)
My analysis
The bearish trend is currently very strong for WOO NETWORK - WOO/USDT. As long as the price remains below the resistance at 0.174967 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.160300 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.148800 USDT as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
5
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This analysis was given by Blackord. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WOO NETWORK - WOO/USDT price is 0.167500 USDT. On the day, this instrument lost -7.66% with the lowest point at 0.164900 USDT and the highest point at 0.182400 USDT. The deviation from the price is +1.58% for the low point and -8.17% for the high point.0.164900
0.182400
0.167500
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of WOO NETWORK - WOO/USDT in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
Aroon indicator bearish trend
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.148800 | 0.160300 | 0.167500 | 0.173243 | 0.177341 | 0.182100 |
| Change (%) | -11.16% | -4.30% | - | +3.43% | +5.88% | +8.72% |
| Change | -0.018700 | -0.007200 | - | +0.005743 | +0.009841 | +0.014600 |
| Level | Minor | Major | - | 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 | 0.174967 | 0.177933 | 0.179667 | 0.182633 | 0.184367 | 0.187333 | 0.189067 |
| Camarilla | 0.180108 | 0.180538 | 0.180969 | 0.181400 | 0.181831 | 0.182262 | 0.182693 |
| Woodie | 0.174350 | 0.177625 | 0.179050 | 0.182325 | 0.183750 | 0.187025 | 0.188450 |
| Fibonacci | 0.177933 | 0.179729 | 0.180838 | 0.182633 | 0.184429 | 0.185538 | 0.187333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.144233 | 0.153667 | 0.167533 | 0.176967 | 0.190833 | 0.200267 | 0.214133 |
| Camarilla | 0.174993 | 0.177128 | 0.179264 | 0.181400 | 0.183536 | 0.185672 | 0.187808 |
| Woodie | 0.146450 | 0.154775 | 0.169750 | 0.178075 | 0.193050 | 0.201375 | 0.216350 |
| Fibonacci | 0.153667 | 0.162567 | 0.168066 | 0.176967 | 0.185867 | 0.191366 | 0.200267 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.122567 | 0.158533 | 0.179367 | 0.215333 | 0.236167 | 0.272133 | 0.292967 |
| Camarilla | 0.184580 | 0.189787 | 0.194993 | 0.200200 | 0.205407 | 0.210613 | 0.215820 |
| Woodie | 0.115000 | 0.154750 | 0.171800 | 0.211550 | 0.228600 | 0.268350 | 0.285400 |
| Fibonacci | 0.158533 | 0.180231 | 0.193636 | 0.215333 | 0.237031 | 0.250436 | 0.272133 |
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): | 41.74 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | -12.984457 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.165860 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.164954 | |
| Elder Ray (13): | 0.000155 | |
| Super Trend (3,10): | 0.168604 | |
| Zig ZAG (10): | 0.167200 | |
| VORTEX (21): | 0.8382 | |
| Stochastique (14,3,5): | 45.39 | |
| TEMA (21): | 0.166344 | |
| Williams %R (14): | -52.00 | |
| Chande Momentum Oscillator (20): | -0.000200 | |
| Repulse (5,40,3): | 0.6462 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1298 | |
| Courbe Coppock: | 3.44 |
| MA7: | 0.177643 | |
| MA20: | 0.179135 | |
| MA50: | 0.196788 | |
| MA100: | 0.205213 | |
| MAexp7: | 0.166933 | |
| MAexp20: | 0.167756 | |
| MAexp50: | 0.170923 | |
| MAexp100: | 0.174633 | |
| Price / MA7: | -5.71% | |
| Price / MA20: | -6.50% | |
| Price / MA50: | -14.88% | |
| Price / MA100: | -18.38% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -2.00% | |
| Price / MAexp100: | -4.08% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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