POLYMESH - POLYX/USDT - Daily - Technical analysis published on 05/13/2024 (GMT)
- 158
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
67%
0%
33%
My opinion
Neutral between 0.340874 USDT and 0.439914 USDT
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.439914 USDT. The first support is located at 0.340874 USDT. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The POLYMESH - POLYX/USDT rating is 0.391351 USDT. On the day, this instrument gained +2.13% and was between 0.362173 USDT and 0.401781 USDT. This implies that the price is at +8.06% from its lowest and at -2.60% from its highest.0.362173
0.401781
0.391351
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this POLYMESH - POLYX/USDT chart shows a slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 12 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.286900 | 0.340874 | 0.387466 | 0.391351 | 0.484940 | 0.554785 | 0.647336 |
| Change (%) | -26.69% | -12.90% | -0.99% | - | +23.91% | +41.76% | +65.41% |
| Change | -0.104451 | -0.050477 | -0.003885 | - | +0.093589 | +0.163434 | +0.255985 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Major |
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 | 0.339116 | 0.353924 | 0.368554 | 0.383362 | 0.397992 | 0.412800 | 0.427430 |
| Camarilla | 0.375089 | 0.377787 | 0.380486 | 0.383184 | 0.385883 | 0.388581 | 0.391280 |
| Woodie | 0.339027 | 0.353880 | 0.368465 | 0.383318 | 0.397903 | 0.412756 | 0.427341 |
| Fibonacci | 0.353924 | 0.365169 | 0.372117 | 0.383362 | 0.394607 | 0.401555 | 0.412800 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.281636 | 0.318000 | 0.343985 | 0.380349 | 0.406334 | 0.442698 | 0.468683 |
| Camarilla | 0.352823 | 0.358538 | 0.364254 | 0.369969 | 0.375684 | 0.381400 | 0.387115 |
| Woodie | 0.276446 | 0.315405 | 0.338795 | 0.377754 | 0.401144 | 0.440103 | 0.463493 |
| Fibonacci | 0.318000 | 0.341818 | 0.356532 | 0.380349 | 0.404167 | 0.418881 | 0.442698 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.090333 | 0.119429 | 0.230152 | 0.439914 | 0.550637 | 0.760399 | 0.871122 |
| Camarilla | 0.252741 | 0.282118 | 0.311496 | 0.340874 | 0.370252 | 0.399630 | 0.429007 |
| Woodie | -0.139854 | 0.094669 | 0.180632 | 0.415154 | 0.501117 | 0.735639 | 0.821602 |
| Fibonacci | 0.119429 | 0.241855 | 0.317489 | 0.439914 | 0.562340 | 0.637974 | 0.760399 |
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): | 48.67 | |
| MACD (12,26,9): | -0.0156 | |
| Directional Movement: | -4.061467 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.368794 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.326510 | |
| Elder Ray (13): | -0.000848 | |
| Super Trend (3,10): | 0.467611 | |
| Zig ZAG (10): | 0.393500 | |
| VORTEX (21): | 0.8603 | |
| Stochastique (14,3,5): | 65.58 | |
| TEMA (21): | 0.360020 | |
| Williams %R (14): | -23.99 | |
| Chande Momentum Oscillator (20): | 0.047165 | |
| Repulse (5,40,3): | 4.6089 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.7584 | |
| Courbe Coppock: | 4.60 |
| MA7: | 0.377954 | |
| MA20: | 0.380944 | |
| MA50: | 0.461830 | |
| MA100: | 0.343197 | |
| MAexp7: | 0.379776 | |
| MAexp20: | 0.391098 | |
| MAexp50: | 0.399013 | |
| MAexp100: | 0.358141 | |
| Price / MA7: | +3.54% | |
| Price / MA20: | +2.73% | |
| Price / MA50: | -15.26% | |
| Price / MA100: | +14.03% | |
| Price / MAexp7: | +3.05% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | -1.92% | |
| Price / MAexp100: | +9.27% |
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.
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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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