MULTICHAIN - MULTI/USDT - 1H - Technical analysis published on 01/23/2024 (GMT)
- 122
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : WITHOUT TARGET
Analysis too old. There are no more charts available.
Summary of the analysis
Additional analysis
Quotes
MULTICHAIN - MULTI/USDT rating 3.27 USDT. The price registered an increase of +161.60% on the session with the lowest point at 1.20 USDT and the highest point at 3.58 USDT. The deviation from the price is +172.50% for the low point and -8.66% for the high point.The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on MULTICHAIN - MULTI/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this MULTICHAIN - MULTI/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 1.90 | 2.38 | 3.13 | 3.27 |
| Change (%) | -41.90% | -27.22% | -4.28% | - |
| Change | -1.37 | -0.89 | -0.14 | - |
| Level | Minor | Minor | Intermediate | - |
Attention could also be paid to pivot points to set price objectives:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.11 | 1.15 | 1.20 | 1.24 | 1.29 | 1.33 | 1.38 |
| Camarilla | 1.23 | 1.23 | 1.24 | 1.25 | 1.26 | 1.27 | 1.28 |
| Woodie | 1.12 | 1.15 | 1.21 | 1.24 | 1.30 | 1.33 | 1.39 |
| Fibonacci | 1.15 | 1.18 | 1.21 | 1.24 | 1.27 | 1.30 | 1.33 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.55 | 0.84 | 1.08 | 1.37 | 1.61 | 1.90 | 2.14 |
| Camarilla | 1.17 | 1.22 | 1.27 | 1.32 | 1.37 | 1.42 | 1.47 |
| Woodie | 0.53 | 0.83 | 1.06 | 1.36 | 1.59 | 1.89 | 2.12 |
| Fibonacci | 0.84 | 1.04 | 1.17 | 1.37 | 1.57 | 1.70 | 1.90 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.08 | 0.60 | 0.97 | 1.49 | 1.86 | 2.38 | 2.75 |
| Camarilla | 1.09 | 1.17 | 1.25 | 1.33 | 1.41 | 1.49 | 1.58 |
| Woodie | -0.01 | 0.56 | 0.89 | 1.45 | 1.78 | 2.34 | 2.67 |
| Fibonacci | 0.60 | 0.94 | 1.15 | 1.49 | 1.83 | 2.04 | 2.38 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
| RSI (14): | 84.38 | |
| MACD (12,26,9): | 0.4300 | |
| Directional Movement: | 58.09 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 2.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.71 | |
| Elder Ray (13): | 1.30 | |
| Super Trend (3,10): | 2.37 | |
| Zig ZAG (10): | 3.27 | |
| VORTEX (21): | 1.4300 | |
| Stochastique (14,3,5): | 83.96 | |
| TEMA (21): | 2.69 | |
| Williams %R (14): | -23.88 | |
| Chande Momentum Oscillator (20): | 2.03 | |
| Repulse (5,40,3): | 25.7600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.8600 | |
| Courbe Coppock: | 187.30 |
| MA7: | 1.54 | |
| MA20: | 1.34 | |
| MA50: | 1.40 | |
| MA100: | 1.61 | |
| MAexp7: | 2.56 | |
| MAexp20: | 1.87 | |
| MAexp50: | 1.53 | |
| MAexp100: | 1.40 | |
| Price / MA7: | +112.34% | |
| Price / MA20: | +144.03% | |
| Price / MA50: | +133.57% | |
| Price / MA100: | +103.11% | |
| Price / MAexp7: | +27.73% | |
| Price / MAexp20: | +74.87% | |
| Price / MAexp50: | +113.73% | |
| Price / MAexp100: | +133.57% |
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