GMT - GMT/USDT - 1H - Technical analysis published on 05/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 0.214093 USDT
My targets
0.219122 USDT (+1.59%)
0.221801 USDT (+2.83%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.214093 USDT remains possible. It is advisable to trade STEPN - GMT/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.214093 USDT. The next bullish objective for buyers is set at 0.219122 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.221801 USDT. If there is any crossing, the next objective would be the resistance located at 0.224793 USDT. PS: if there is a bearish break in the support located at 0.214093 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.6
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Additional analysis
Quotes
STEPN - GMT/USDT rating 0.215688 USDT. The price registered a decrease of -0.05% on the session and was traded between 0.215459 USDT and 0.215887 USDT over the period. The price is currently at +0.11% from its lowest and -0.09% from its highest.0.215459
0.215887
0.215688
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of STEPN - GMT/USDT in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is low given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.202186 | 0.210971 | 0.214093 | 0.215688 | 0.219122 | 0.221801 | 0.224793 |
| Change (%) | -6.26% | -2.19% | -0.74% | - | +1.59% | +2.83% | +4.22% |
| Change | -0.013502 | -0.004717 | -0.001595 | - | +0.003434 | +0.006113 | +0.009105 |
| Level | Minor | Intermediate | Intermediate | - | 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 | 0.202090 | 0.207503 | 0.211646 | 0.217059 | 0.221202 | 0.226615 | 0.230758 |
| Camarilla | 0.213161 | 0.214037 | 0.214913 | 0.215789 | 0.216665 | 0.217541 | 0.218417 |
| Woodie | 0.201455 | 0.207186 | 0.211011 | 0.216742 | 0.220567 | 0.226298 | 0.230123 |
| Fibonacci | 0.207503 | 0.211153 | 0.213409 | 0.217059 | 0.220709 | 0.222965 | 0.226615 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.176760 | 0.193783 | 0.202785 | 0.219808 | 0.228810 | 0.245833 | 0.254835 |
| Camarilla | 0.204631 | 0.207017 | 0.209402 | 0.211788 | 0.214174 | 0.216559 | 0.218945 |
| Woodie | 0.172751 | 0.191778 | 0.198776 | 0.217803 | 0.224801 | 0.243828 | 0.250826 |
| Fibonacci | 0.193783 | 0.203724 | 0.209866 | 0.219808 | 0.229749 | 0.235891 | 0.245833 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.021658 | 0.093033 | 0.153563 | 0.268254 | 0.328784 | 0.443475 | 0.504005 |
| Camarilla | 0.165907 | 0.181969 | 0.198031 | 0.214093 | 0.230155 | 0.246217 | 0.262279 |
| Woodie | -0.048739 | 0.079493 | 0.126483 | 0.254714 | 0.301704 | 0.429935 | 0.476925 |
| Fibonacci | 0.093033 | 0.159967 | 0.201320 | 0.268254 | 0.335188 | 0.376541 | 0.443475 |
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): | 48.94 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -6.608757 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.217089 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.216186 | |
| Elder Ray (13): | -0.000668 | |
| Super Trend (3,10): | 0.221202 | |
| Zig ZAG (10): | 0.215459 | |
| VORTEX (21): | 0.9370 | |
| Stochastique (14,3,5): | 38.48 | |
| TEMA (21): | 0.215676 | |
| Williams %R (14): | -59.97 | |
| Chande Momentum Oscillator (20): | -0.002184 | |
| Repulse (5,40,3): | 0.2483 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0520 | |
| Courbe Coppock: | 3.42 |
| MA7: | 0.211331 | |
| MA20: | 0.219463 | |
| MA50: | 0.260520 | |
| MA100: | 0.279187 | |
| MAexp7: | 0.216031 | |
| MAexp20: | 0.216570 | |
| MAexp50: | 0.214567 | |
| MAexp100: | 0.213043 | |
| Price / MA7: | +2.06% | |
| Price / MA20: | -1.72% | |
| Price / MA50: | -17.21% | |
| Price / MA100: | -22.74% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.41% | |
| Price / MAexp50: | +0.52% | |
| Price / MAexp100: | +1.24% |
Quotes :
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Real time data
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