STRATIS - STRAX/USD
STRATIS - STRAX/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: STRAXUSD
ISIN:

STRATIS - STRAX/USD - 1H - Technical analysis published on 01/14/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.02 USD
My targets
1.09 USD (+1.87%)
1.16 USD (+8.41%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on STRATIS - STRAX/USD. This is a positive signal for buyers. As long as the price remains above 1.02 USD, a purchase could be considered. The first bullish objective is located at 1.09 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.16 USD as an objective. Crossing it would then enable buyers to target 1.21 USD. In the event of a return below 1.02 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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
8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily

Additional analysis

Quotes

The STRATIS - STRAX/USD price is 1.07 USD. On the day, this instrument gained +7.00% and was between 0.99 USD and 1.09 USD. This implies that the price is at +8.08% from its lowest and at -1.83% from its highest.

0.99
1.09
1.07

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of STRATIS - STRAX/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.88 0.97 1.02 1.07 1.09 1.21 1.33
Change (%) -17.76% -9.35% -4.67% - +1.87% +13.08% +24.30%
Change -0.19 -0.10 -0.05 - +0.02 +0.14 +0.26
Level Minor Major Intermediate - Major Intermediate Major



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
Standard0.910.930.970.991.031.051.09
Camarilla0.980.991.001.001.011.011.02
Woodie0.910.940.971.001.031.061.09
Fibonacci0.930.960.970.991.021.031.05


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.600.760.881.041.161.321.44
Camarilla0.920.950.971.001.031.051.08
Woodie0.580.750.861.031.141.311.42
Fibonacci0.760.870.931.041.151.211.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.410.680.831.101.251.521.67
Camarilla0.860.890.930.971.011.051.09
Woodie0.340.650.761.071.181.491.60
Fibonacci0.680.840.941.101.261.361.52

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): 76.66
MACD (12,26,9): 0.0200
Directional Movement: 27.03
AROON (14): 78.57
DEMA (21): 1.05
Parabolic SAR (0,02-0,02-0,2): 1.03
Elder Ray (13): 0.05
Super Trend (3,10): 1.03
Zig ZAG (10): 1.09
VORTEX (21): 1.2500
Stochastique (14,3,5): 94.15
TEMA (21): 1.07
Williams %R (14): -1.86
Chande Momentum Oscillator (20): 0.09
Repulse (5,40,3): 4.0100
ROCnROLL: 1
TRIX (15,9): 0.1100
Courbe Coppock: 10.00
MA7: 1.04
MA20: 1.09
MA50: 1.11
MA100: 0.99
MAexp7: 1.06
MAexp20: 1.03
MAexp50: 1.02
MAexp100: 1.03
Price / MA7: +2.88%
Price / MA20: -1.83%
Price / MA50: -3.60%
Price / MA100: +8.08%
Price / MAexp7: +0.94%
Price / MAexp20: +3.88%
Price / MAexp50: +4.90%
Price / MAexp100: +3.88%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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