SWFTCOIN - SWFTC/USD - 1H - Technical analysis published on 11/22/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.003407 USD
My targets
0.003305 USD (-2.19%)
0.003157 USD (-6.57%)
My analysis
The bearish basic trend is very strong on SWFTCOIN - SWFTC/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.003407 USD. Crossing the first support at 0.003305 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.003157 USD as an objective. Crossing it would then enable sellers to target 0.003023 USD. Caution, a return to above the resistance located at 0.003407 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6
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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 0.003379 USD. The price is lower by -0.38% since the last closing and was between 0.003300 USD and 0.003453 USD. This implies that the price is at +2.39% from its lowest and at -2.14% from its highest.0.003300
0.003453
0.003379
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this SWFTCOIN - SWFTC/USD chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami
Type : Bullish
Timeframe : 1 hour
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 | 0.003023 | 0.003157 | 0.003305 | 0.003379 | 0.003407 | 0.003743 | 0.003937 |
| Change (%) | -10.54% | -6.57% | -2.19% | - | +0.83% | +10.77% | +16.51% |
| Change | -0.000356 | -0.000222 | -0.000074 | - | +0.000028 | +0.000364 | +0.000558 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | Minor |
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 | 0.002819 | 0.003081 | 0.003236 | 0.003498 | 0.003653 | 0.003915 | 0.004070 |
| Camarilla | 0.003277 | 0.003316 | 0.003354 | 0.003392 | 0.003430 | 0.003469 | 0.003507 |
| Woodie | 0.002767 | 0.003054 | 0.003184 | 0.003471 | 0.003601 | 0.003888 | 0.004018 |
| Fibonacci | 0.003081 | 0.003240 | 0.003338 | 0.003498 | 0.003657 | 0.003755 | 0.003915 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001627 | 0.002244 | 0.002827 | 0.003444 | 0.004027 | 0.004644 | 0.005227 |
| Camarilla | 0.003081 | 0.003191 | 0.003301 | 0.003411 | 0.003521 | 0.003631 | 0.003741 |
| Woodie | 0.001611 | 0.002236 | 0.002811 | 0.003436 | 0.004011 | 0.004636 | 0.005211 |
| Fibonacci | 0.002244 | 0.002702 | 0.002985 | 0.003444 | 0.003902 | 0.004185 | 0.004644 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001432 | 0.002094 | 0.002977 | 0.003639 | 0.004522 | 0.005184 | 0.006067 |
| Camarilla | 0.003436 | 0.003578 | 0.003719 | 0.003861 | 0.004003 | 0.004144 | 0.004286 |
| Woodie | 0.001544 | 0.002149 | 0.003089 | 0.003694 | 0.004634 | 0.005239 | 0.006179 |
| Fibonacci | 0.002094 | 0.002684 | 0.003049 | 0.003639 | 0.004229 | 0.004594 | 0.005184 |
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): | 39.57 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -5.714224 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.003355 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.003441 | |
| Elder Ray (13): | -0.000018 | |
| Super Trend (3,10): | 0.003449 | |
| Zig ZAG (10): | 0.003357 | |
| VORTEX (21): | 1.0479 | |
| Stochastique (14,3,5): | 33.33 | |
| TEMA (21): | 0.003348 | |
| Williams %R (14): | -64.00 | |
| Chande Momentum Oscillator (20): | -0.000068 | |
| Repulse (5,40,3): | -0.1964 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0967 | |
| Courbe Coppock: | 2.88 |
| MA7: | 0.003363 | |
| MA20: | 0.003353 | |
| MA50: | 0.003167 | |
| MA100: | 0.003162 | |
| MAexp7: | 0.003361 | |
| MAexp20: | 0.003391 | |
| MAexp50: | 0.003422 | |
| MAexp100: | 0.003417 | |
| Price / MA7: | +0.48% | |
| Price / MA20: | +0.78% | |
| Price / MA50: | +6.69% | |
| Price / MA100: | +6.86% | |
| Price / MAexp7: | +0.54% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | -1.26% | |
| Price / MAexp100: | -1.11% |
Quotes :
-
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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