SWFTCOIN - SWFTC/USD - 1H - Technical analysis published on 04/28/2024 (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 bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.004958 USD
My targets
0.005207 USD (+1.94%)
0.005395 USD (+5.62%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on SWFTCOIN - SWFTC/USD as long as the price remains well above 0.004958 USD. The buyers' bullish objective is set at 0.005207 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.005395 USD. If there is any crossing, the next objective would be the resistance located at 0.005856 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SWFTCOIN - SWFTC/USD rating 0.005108 USD. The price has increased by +3.99% since the last closing with the lowest point at 0.004894 USD and the highest point at 0.005116 USD. The deviation from the price is +4.37% for the low point and -0.16% for the high point.0.004894
0.005116
0.005108
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of SWFTCOIN - SWFTC/USD indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
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 | 0.004401 | 0.004741 | 0.004958 | 0.005108 | 0.005207 | 0.005395 | 0.005856 |
| Change (%) | -13.84% | -7.18% | -2.94% | - | +1.94% | +5.62% | +14.64% |
| Change | -0.000707 | -0.000367 | -0.000150 | - | +0.000099 | +0.000287 | +0.000748 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004539 | 0.004649 | 0.004780 | 0.004890 | 0.005021 | 0.005131 | 0.005262 |
| Camarilla | 0.004846 | 0.004868 | 0.004890 | 0.004912 | 0.004934 | 0.004956 | 0.004978 |
| Woodie | 0.004551 | 0.004654 | 0.004792 | 0.004895 | 0.005033 | 0.005136 | 0.005274 |
| Fibonacci | 0.004649 | 0.004741 | 0.004798 | 0.004890 | 0.004982 | 0.005039 | 0.005131 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003397 | 0.004077 | 0.004495 | 0.005175 | 0.005593 | 0.006273 | 0.006691 |
| Camarilla | 0.004610 | 0.004711 | 0.004811 | 0.004912 | 0.005013 | 0.005113 | 0.005214 |
| Woodie | 0.003265 | 0.004012 | 0.004363 | 0.005110 | 0.005461 | 0.006208 | 0.006559 |
| Fibonacci | 0.004077 | 0.004497 | 0.004756 | 0.005175 | 0.005595 | 0.005854 | 0.006273 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001912 | 0.003356 | 0.005112 | 0.006556 | 0.008312 | 0.009756 | 0.011512 |
| Camarilla | 0.005988 | 0.006281 | 0.006575 | 0.006868 | 0.007161 | 0.007455 | 0.007748 |
| Woodie | 0.002068 | 0.003434 | 0.005268 | 0.006634 | 0.008468 | 0.009834 | 0.011668 |
| Fibonacci | 0.003356 | 0.004578 | 0.005334 | 0.006556 | 0.007778 | 0.008534 | 0.009756 |
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): | 65.19 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 9.857047 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.004996 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.004874 | |
| Elder Ray (13): | 0.000120 | |
| Super Trend (3,10): | 0.004924 | |
| Zig ZAG (10): | 0.005111 | |
| VORTEX (21): | 1.1570 | |
| Stochastique (14,3,5): | 96.26 | |
| TEMA (21): | 0.005054 | |
| Williams %R (14): | -0.32 | |
| Chande Momentum Oscillator (20): | 0.000205 | |
| Repulse (5,40,3): | 1.9672 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0109 | |
| Courbe Coppock: | 7.59 |
| MA7: | 0.005161 | |
| MA20: | 0.005204 | |
| MA50: | 0.005674 | |
| MA100: | 0.004190 | |
| MAexp7: | 0.005040 | |
| MAexp20: | 0.004958 | |
| MAexp50: | 0.004986 | |
| MAexp100: | 0.005051 | |
| Price / MA7: | -1.03% | |
| Price / MA20: | -1.84% | |
| Price / MA50: | -9.98% | |
| Price / MA100: | +21.91% | |
| Price / MAexp7: | +1.35% | |
| Price / MAexp20: | +3.03% | |
| Price / MAexp50: | +2.45% | |
| Price / MAexp100: | +1.13% |
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.
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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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