GMT - GMT/USDT - 1H - Technical analysis published on 05/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 0.222421 USDT
My targets
0.211057 USDT (-1.65%)
0.200779 USDT (-6.44%)
My analysis
STEPN - GMT/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.222421 USDT. The next support located at 0.211057 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.200779 USDT. Below this support, sellers could then target 0.181772 USDT.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.9
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
STEPN - GMT/USDT rating 0.214598 USDT. The price registered a decrease of -3.64% on the session with the lowest point at 0.213239 USDT and the highest point at 0.224510 USDT. The deviation from the price is +0.64% for the low point and -4.41% for the high point.0.213239
0.224510
0.214598
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of STEPN - GMT/USDT indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.200779 | 0.211057 | 0.214093 | 0.214598 | 0.222421 | 0.225965 | 0.229715 |
| Change (%) | -6.44% | -1.65% | -0.24% | - | +3.65% | +5.30% | +7.04% |
| Change | -0.013819 | -0.003541 | -0.000505 | - | +0.007823 | +0.011367 | +0.015117 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.212544 | 0.215754 | 0.219233 | 0.222443 | 0.225922 | 0.229132 | 0.232611 |
| Camarilla | 0.220873 | 0.221486 | 0.222099 | 0.222712 | 0.223325 | 0.223938 | 0.224552 |
| Woodie | 0.212679 | 0.215821 | 0.219368 | 0.222510 | 0.226057 | 0.229199 | 0.232746 |
| Fibonacci | 0.215754 | 0.218309 | 0.219888 | 0.222443 | 0.224998 | 0.226577 | 0.229132 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.178383 | 0.188550 | 0.205631 | 0.215798 | 0.232879 | 0.243046 | 0.260127 |
| Camarilla | 0.215219 | 0.217717 | 0.220214 | 0.222712 | 0.225210 | 0.227708 | 0.230205 |
| Woodie | 0.181840 | 0.190279 | 0.209088 | 0.217527 | 0.236336 | 0.244775 | 0.263584 |
| Fibonacci | 0.188550 | 0.198959 | 0.205389 | 0.215798 | 0.226207 | 0.232637 | 0.243046 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 24.82 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -22.851620 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.217767 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.221386 | |
| Elder Ray (13): | -0.003744 | |
| Super Trend (3,10): | 0.220021 | |
| Zig ZAG (10): | 0.214418 | |
| VORTEX (21): | 0.7646 | |
| Stochastique (14,3,5): | 7.65 | |
| TEMA (21): | 0.215987 | |
| Williams %R (14): | -99.28 | |
| Chande Momentum Oscillator (20): | -0.009138 | |
| Repulse (5,40,3): | -1.4831 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0576 | |
| Courbe Coppock: | 4.97 |
| MA7: | 0.214642 | |
| MA20: | 0.216860 | |
| MA50: | 0.250306 | |
| MA100: | 0.278403 | |
| MAexp7: | 0.216945 | |
| MAexp20: | 0.220115 | |
| MAexp50: | 0.220420 | |
| MAexp100: | 0.218964 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | -1.04% | |
| Price / MA50: | -14.27% | |
| Price / MA100: | -22.92% | |
| Price / MAexp7: | -1.08% | |
| Price / MAexp20: | -2.51% | |
| Price / MAexp50: | -2.64% | |
| Price / MAexp100: | -1.99% |
Quotes :
-
Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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