MAKER - MKR/USDT - 15 min. - Technical analysis published on 02/16/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 748.65 USDT
My targets
772.93 USDT (+1.83%)
785.98 USDT (+3.55%)
My analysis
The basic trend is bullish on MAKER - MKR/USDT and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 748.65 USDT. Sellers would then use the next support located at 735.60 USDT as an objective. Crossing it would then enable sellers to target 711.32 USDT. If there is a return to above the resistance located at 772.93 USDT, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 785.98 USDT and 810.26 USDT by extension.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7
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This analysis was given by leron. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MAKER - MKR/USDT rating 759.05 USDT. The price is lower by -0.11% since the last closing and was between 759.02 USDT and 777.85 USDT. This implies that the price is at +0.00% from its lowest and at -2.42% from its highest.759.02
777.85
759.05
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 MAKER - MKR/USDT:
Technical
Technical analysis of MAKER - MKR/USDT in 15 min. shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
White hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Black hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 697.80 | 713.22 | 744.18 | 759.05 | 770.93 | 790.09 | 818.04 |
| Change (%) | -8.07% | -6.04% | -1.96% | - | +1.57% | +4.09% | +7.77% |
| Change | -61.25 | -45.83 | -14.87 | - | +11.88 | +31.04 | +58.99 |
| Level | Minor | Minor | Major | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 698.27 | 711.32 | 735.60 | 748.65 | 772.93 | 785.98 | 810.26 |
| Camarilla | 749.61 | 753.04 | 756.46 | 759.88 | 763.30 | 766.72 | 770.15 |
| Woodie | 703.89 | 714.13 | 741.22 | 751.46 | 778.55 | 788.79 | 815.88 |
| Fibonacci | 711.32 | 725.58 | 734.39 | 748.65 | 762.91 | 771.72 | 785.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 519.50 | 598.21 | 660.62 | 739.33 | 801.74 | 880.45 | 942.86 |
| Camarilla | 684.22 | 697.16 | 710.09 | 723.03 | 735.97 | 748.90 | 761.84 |
| Woodie | 511.35 | 594.14 | 652.47 | 735.26 | 793.59 | 876.38 | 934.71 |
| Fibonacci | 598.21 | 652.12 | 685.42 | 739.33 | 793.24 | 826.54 | 880.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 283.29 | 392.79 | 524.21 | 633.71 | 765.13 | 874.63 | 1,006.05 |
| Camarilla | 589.39 | 611.47 | 633.56 | 655.64 | 677.72 | 699.81 | 721.89 |
| Woodie | 294.26 | 398.27 | 535.18 | 639.19 | 776.10 | 880.11 | 1,017.02 |
| Fibonacci | 392.79 | 484.82 | 541.68 | 633.71 | 725.74 | 782.60 | 874.63 |
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): | 59.28 | |
| MACD (12,26,9): | 3.5300 | |
| Directional Movement: | 16.39 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 773.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 764.15 | |
| Elder Ray (13): | 2.32 | |
| Super Trend (3,10): | 763.99 | |
| Zig ZAG (10): | 770.65 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 68.79 | |
| TEMA (21): | 771.92 | |
| Williams %R (14): | -63.48 | |
| Chande Momentum Oscillator (20): | 3.74 | |
| Repulse (5,40,3): | -0.9100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 1.24 |
| MA7: | 735.96 | |
| MA20: | 708.99 | |
| MA50: | 655.86 | |
| MA100: | 640.75 | |
| MAexp7: | 770.83 | |
| MAexp20: | 768.70 | |
| MAexp50: | 760.98 | |
| MAexp100: | 753.40 | |
| Price / MA7: | +3.14% | |
| Price / MA20: | +7.06% | |
| Price / MA50: | +15.73% | |
| Price / MA100: | +18.46% | |
| Price / MAexp7: | -1.53% | |
| Price / MAexp20: | -1.26% | |
| Price / MAexp50: | -0.25% | |
| Price / MAexp100: | +0.75% |
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.
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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