SWFTCOIN - SWFTC/USD - 1H - Technical analysis published on 01/18/2024 (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:
Strongly bearish
Technical indicators
17%
39%
44%
My opinion
Bearish under 0.001900 USD
My targets
0.001837 USD (-1.24%)
0.001734 USD (-6.77%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SWFTCOIN - SWFTC/USD as long as the price remains well below 0.001900 USD. The sellers' bearish objective is set at 0.001837 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.001734 USD. In case of crossing, the next objective would be the support located at 0.001573 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SWFTCOIN - SWFTC/USD price is 0.001860 USD. The price registered a decrease of -0.85% on the session and was traded between 0.001837 USD and 0.001948 USD over the period. The price is currently at +1.25% from its lowest and -4.52% from its highest.0.001837
0.001948
0.001860
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SWFTCOIN - SWFTC/USD:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this SWFTCOIN - SWFTC/USD chart shows a sharp 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.001573 | 0.001734 | 0.001837 | 0.001860 | 0.001900 | 0.002057 | 0.002165 |
| Change (%) | -15.43% | -6.77% | -1.24% | - | +2.15% | +10.59% | +16.40% |
| Change | -0.000287 | -0.000126 | -0.000023 | - | +0.000040 | +0.000197 | +0.000305 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001702 | 0.001780 | 0.001828 | 0.001906 | 0.001954 | 0.002032 | 0.002080 |
| Camarilla | 0.001841 | 0.001853 | 0.001865 | 0.001876 | 0.001888 | 0.001899 | 0.001911 |
| Woodie | 0.001687 | 0.001773 | 0.001813 | 0.001899 | 0.001939 | 0.002025 | 0.002065 |
| Fibonacci | 0.001780 | 0.001828 | 0.001858 | 0.001906 | 0.001954 | 0.001984 | 0.002032 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001256 | 0.001539 | 0.001757 | 0.002040 | 0.002258 | 0.002541 | 0.002759 |
| Camarilla | 0.001836 | 0.001882 | 0.001928 | 0.001974 | 0.002020 | 0.002066 | 0.002112 |
| Woodie | 0.001223 | 0.001523 | 0.001724 | 0.002024 | 0.002225 | 0.002525 | 0.002726 |
| Fibonacci | 0.001539 | 0.001731 | 0.001849 | 0.002040 | 0.002232 | 0.002350 | 0.002541 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000020 | 0.000604 | 0.001205 | 0.001829 | 0.002430 | 0.003054 | 0.003655 |
| Camarilla | 0.001468 | 0.001580 | 0.001693 | 0.001805 | 0.001917 | 0.002030 | 0.002142 |
| Woodie | -0.000033 | 0.000598 | 0.001193 | 0.001823 | 0.002418 | 0.003048 | 0.003643 |
| Fibonacci | 0.000604 | 0.001072 | 0.001361 | 0.001829 | 0.002297 | 0.002586 | 0.003054 |
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): | 37.21 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -8.820062 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.001859 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.001915 | |
| Elder Ray (13): | -0.000016 | |
| Super Trend (3,10): | 0.001942 | |
| Zig ZAG (10): | 0.001856 | |
| VORTEX (21): | 0.9617 | |
| Stochastique (14,3,5): | 15.41 | |
| TEMA (21): | 0.001854 | |
| Williams %R (14): | -79.79 | |
| Chande Momentum Oscillator (20): | -0.000043 | |
| Repulse (5,40,3): | -1.4918 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0996 | |
| Courbe Coppock: | 5.69 |
| MA7: | 0.001944 | |
| MA20: | 0.001962 | |
| MA50: | 0.001727 | |
| MA100: | 0.001434 | |
| MAexp7: | 0.001858 | |
| MAexp20: | 0.001883 | |
| MAexp50: | 0.001911 | |
| MAexp100: | 0.001936 | |
| Price / MA7: | -4.32% | |
| Price / MA20: | -5.20% | |
| Price / MA50: | +7.70% | |
| Price / MA100: | +29.71% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | -1.22% | |
| Price / MAexp50: | -2.67% | |
| Price / MAexp100: | -3.93% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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