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MAKER - MKR/USDT
MAKER - MKR/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: MKRUSDT
ISIN:

MAKER - MKR/USDT - 1H - Technical analysis published on 05/04/2023 (GMT)

  • 136
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bearish
Technical indicators
17%
39%
44%
My opinion
Neutral between 689.88 USDT and 706.83 USDT
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 689.88 USDT. The first resistance is located at 706.83 USDT. A very slight advantage is given by the slightly bearish basic trend so that the support 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 could be the case, for example, when the first support has been broken below or the first resistance has been broken above.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

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.

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

Additional analysis

Quotes

The MAKER - MKR/USDT rating is 698.01 USDT. The price registered a decrease of -0.11% on the session and was between 696.28 USDT and 704.66 USDT. This implies that the price is at +0.25% from its lowest and at -0.94% from its highest.

696.28
704.66
698.01

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this 1H chart of MAKER - MKR/USDT indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, only 7 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 683.27 689.88 697.25 698.01 706.83 715.31 723.72
Change (%) -2.11% -1.16% -0.11% - +1.26% +2.48% +3.68%
Change -14.74 -8.13 -0.76 - +8.82 +17.30 +25.71
Level Intermediate Minor Minor - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard670.30676.82687.82694.34705.34711.86722.86
Camarilla693.99695.60697.20698.81700.42702.02703.63
Woodie672.53677.94690.05695.46707.57712.98725.09
Fibonacci676.82683.52687.65694.34701.04705.17711.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard600.06627.88668.07695.89736.08763.90804.09
Camarilla689.55695.78702.02708.25714.48720.72726.95
Woodie606.24630.97674.25698.98742.26766.99810.27
Fibonacci627.88653.86669.91695.89721.87737.92763.90


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard462.57558.52625.78721.73788.99884.94952.20
Camarilla648.15663.11678.07693.03707.99722.95737.91
Woodie448.22551.35611.43714.56774.64877.77937.85
Fibonacci558.52620.87659.39721.73784.08822.60884.94

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): 49.57
MACD (12,26,9): 1.2300
Directional Movement: 2.95
AROON (14): -14.29
DEMA (21): 699.55
Parabolic SAR (0,02-0,02-0,2): 704.49
Elder Ray (13): -1.09
Super Trend (3,10): 692.76
Zig ZAG (10): 697.39
VORTEX (21): 1.1700
Stochastique (14,3,5): 25.03
TEMA (21): 701.11
Williams %R (14): -78.04
Chande Momentum Oscillator (20): -1.26
Repulse (5,40,3): -0.3100
ROCnROLL: -1
TRIX (15,9): 0.0300
Courbe Coppock: 1.11
MA7: 699.76
MA20: 715.69
MA50: 703.11
MA100: 728.59
MAexp7: 699.44
MAexp20: 698.04
MAexp50: 697.44
MAexp100: 697.77
Price / MA7: -0.25%
Price / MA20: -2.47%
Price / MA50: -0.73%
Price / MA100: -4.20%
Price / MAexp7: -0.20%
Price / MAexp20: +0.00%
Price / MAexp50: +0.08%
Price / MAexp100: +0.03%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia
Londinia AI

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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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