SEI - SEI/USDT - 1H - Technical analysis published on 01/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 0.759765 USDT
My targets
0.815113 USDT (+4.30%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SEI - SEI/USDT. As long as you are above the support located at 0.759765 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.815113 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 0.759765 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.6
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This analysis was given by Andrii. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SEI - SEI/USDT price is 0.781542 USDT. The price registered a decrease of -2.65% on the session and was between 0.760495 USDT and 0.865056 USDT. This implies that the price is at +2.77% from its lowest and at -9.65% from its highest.0.760495
0.865056
0.781542
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SEI - SEI/USDT:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this SEI - SEI/USDT chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.583250 | 0.650769 | 0.759765 | 0.781542 | 0.783084 | 0.815113 |
| Change (%) | -25.37% | -16.73% | -2.79% | - | +0.20% | +4.30% |
| Change | -0.198292 | -0.130773 | -0.021777 | - | +0.001542 | +0.033571 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate |
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 | 0.610583 | 0.651789 | 0.727317 | 0.768523 | 0.844051 | 0.885257 | 0.960785 |
| Camarilla | 0.770743 | 0.781444 | 0.792144 | 0.802845 | 0.813546 | 0.824246 | 0.834947 |
| Woodie | 0.627744 | 0.660370 | 0.744478 | 0.777104 | 0.861212 | 0.893838 | 0.977946 |
| Fibonacci | 0.651789 | 0.696381 | 0.723931 | 0.768523 | 0.813115 | 0.840665 | 0.885257 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.366412 | 0.474831 | 0.599210 | 0.707629 | 0.832008 | 0.940427 | 1.064806 |
| Camarilla | 0.659570 | 0.680909 | 0.702249 | 0.723589 | 0.744929 | 0.766269 | 0.787609 |
| Woodie | 0.374392 | 0.478821 | 0.607190 | 0.711619 | 0.839988 | 0.944417 | 1.072786 |
| Fibonacci | 0.474831 | 0.563760 | 0.618700 | 0.707629 | 0.796558 | 0.851498 | 0.940427 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.107599 | 0.056010 | 0.308050 | 0.471659 | 0.723699 | 0.887308 | 1.139348 |
| Camarilla | 0.445788 | 0.483889 | 0.521990 | 0.560091 | 0.598192 | 0.636293 | 0.674395 |
| Woodie | -0.063383 | 0.078118 | 0.352267 | 0.493767 | 0.767916 | 0.909416 | 1.183565 |
| Fibonacci | 0.056010 | 0.214788 | 0.312881 | 0.471659 | 0.630437 | 0.728530 | 0.887308 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.28 | |
| MACD (12,26,9): | 0.0018 | |
| Directional Movement: | -2.130262 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.791128 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.794400 | |
| Elder Ray (13): | -0.006823 | |
| Super Trend (3,10): | 0.837501 | |
| Zig ZAG (10): | 0.781709 | |
| VORTEX (21): | 0.9693 | |
| Stochastique (14,3,5): | 44.87 | |
| TEMA (21): | 0.781747 | |
| Williams %R (14): | -63.23 | |
| Chande Momentum Oscillator (20): | -0.001478 | |
| Repulse (5,40,3): | -0.4385 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1191 | |
| Courbe Coppock: | 6.07 |
| MA7: | 0.737788 | |
| MA20: | 0.688107 | |
| MA50: | 0.456221 | |
| MA100: | 0.293673 | |
| MAexp7: | 0.783768 | |
| MAexp20: | 0.785741 | |
| MAexp50: | 0.770417 | |
| MAexp100: | 0.750260 | |
| Price / MA7: | +5.93% | |
| Price / MA20: | +13.58% | |
| Price / MA50: | +71.31% | |
| Price / MA100: | +166.13% | |
| Price / MAexp7: | -0.28% | |
| Price / MAexp20: | -0.53% | |
| Price / MAexp50: | +1.44% | |
| Price / MAexp100: | +4.17% |
Quotes :
-
Real time data
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