SWFTCOIN - SWFTC/USD - 1H - Technical analysis published on 04/15/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.004974 USD
My targets
0.005812 USD (+12.85%)
0.006143 USD (+19.28%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for SWFTCOIN - SWFTC/USD as long as the price remains well above 0.004974 USD. The buyers' bullish objective is set at 0.005812 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.006143 USD. If there is any crossing, the next objective would be the resistance located at 0.006415 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.005812 USD. On this resistance, against the trend traders who would like to go short on SWFTCOIN - SWFTC/USD with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.3
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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 rating is 0.005150 USD. On the day, this instrument lost -1.10% and was traded between 0.004918 USD and 0.005243 USD over the period. The price is currently at +4.72% from its lowest and -1.77% from its highest.0.004918
0.005243
0.005150
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of SWFTCOIN - SWFTC/USD in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.003113 | 0.004188 | 0.004974 | 0.005150 | 0.005812 | 0.006143 | 0.006415 |
| Change (%) | -39.55% | -18.68% | -3.42% | - | +12.85% | +19.28% | +24.56% |
| Change | -0.002037 | -0.000962 | -0.000176 | - | +0.000662 | +0.000993 | +0.001265 |
| Level | Intermediate | Major | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003735 | 0.004044 | 0.004626 | 0.004935 | 0.005517 | 0.005826 | 0.006408 |
| Camarilla | 0.004962 | 0.005044 | 0.005125 | 0.005207 | 0.005289 | 0.005370 | 0.005452 |
| Woodie | 0.003871 | 0.004112 | 0.004762 | 0.005003 | 0.005653 | 0.005894 | 0.006544 |
| Fibonacci | 0.004044 | 0.004385 | 0.004595 | 0.004935 | 0.005276 | 0.005486 | 0.005826 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001202 | 0.002659 | 0.003629 | 0.005086 | 0.006056 | 0.007513 | 0.008483 |
| Camarilla | 0.003932 | 0.004154 | 0.004377 | 0.004599 | 0.004822 | 0.005044 | 0.005266 |
| Woodie | 0.000959 | 0.002537 | 0.003386 | 0.004964 | 0.005813 | 0.007391 | 0.008240 |
| Fibonacci | 0.002659 | 0.003586 | 0.004159 | 0.005086 | 0.006013 | 0.006586 | 0.007513 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.002688 | 0.000056 | 0.003462 | 0.006206 | 0.009612 | 0.012356 | 0.015762 |
| Camarilla | 0.005177 | 0.005741 | 0.006304 | 0.006868 | 0.007432 | 0.007996 | 0.008559 |
| Woodie | -0.002357 | 0.000222 | 0.003793 | 0.006372 | 0.009943 | 0.012522 | 0.016093 |
| Fibonacci | 0.000056 | 0.002405 | 0.003857 | 0.006206 | 0.008555 | 0.010007 | 0.012356 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 54.44 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 3.053153 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.005125 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005047 | |
| Elder Ray (13): | 0.000045 | |
| Super Trend (3,10): | 0.004788 | |
| Zig ZAG (10): | 0.005122 | |
| VORTEX (21): | 1.1227 | |
| Stochastique (14,3,5): | 80.82 | |
| TEMA (21): | 0.005201 | |
| Williams %R (14): | -30.79 | |
| Chande Momentum Oscillator (20): | 0.000091 | |
| Repulse (5,40,3): | -0.9668 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1983 | |
| Courbe Coppock: | 4.97 |
| MA7: | 0.005447 | |
| MA20: | 0.006026 | |
| MA50: | 0.005402 | |
| MA100: | 0.003786 | |
| MAexp7: | 0.005124 | |
| MAexp20: | 0.005046 | |
| MAexp50: | 0.005050 | |
| MAexp100: | 0.005267 | |
| Price / MA7: | -5.45% | |
| Price / MA20: | -14.54% | |
| Price / MA50: | -4.66% | |
| Price / MA100: | +36.03% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | +2.06% | |
| Price / MAexp50: | +1.98% | |
| Price / MAexp100: | -2.22% |
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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