QTUM - QTUM/USD - 1H - Technical analysis published on 02/24/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 5.54 USD
My targets
4.90 USD (-8.70%)
4.61 USD (-14.15%)
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 QTUM - QTUM/USD. As long as you are under the resistance located at 5.54 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 4.90 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 4.61 USD as an objective. Crossing it would then enable sellers to target 4.16 USD. If the resistance 5.54 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The QTUM - QTUM/USD rating is 5.37 USD. The price has increased by +4.68% since the last closing and was between 4.89 USD and 5.65 USD. This implies that the price is at +9.82% from its lowest and at -4.96% from its highest.4.89
5.65
5.37
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of QTUM - QTUM/USD indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
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.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.03 | 4.16 | 4.61 | 5.37 | 5.54 | 6.00 | 6.42 |
| Change (%) | -43.58% | -22.53% | -14.15% | - | +3.17% | +11.73% | +19.55% |
| Change | -2.34 | -1.21 | -0.76 | - | +0.17 | +0.63 | +1.05 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | 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 | 1.97 | 3.12 | 4.13 | 5.28 | 6.29 | 7.44 | 8.45 |
| Camarilla | 4.54 | 4.73 | 4.93 | 5.13 | 5.33 | 5.53 | 5.72 |
| Woodie | 1.89 | 3.09 | 4.05 | 5.25 | 6.21 | 7.41 | 8.37 |
| Fibonacci | 3.12 | 3.95 | 4.46 | 5.28 | 6.11 | 6.62 | 7.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.93 | 4.90 | 5.81 | 6.78 | 7.69 | 8.66 | 9.57 |
| Camarilla | 6.19 | 6.37 | 6.54 | 6.71 | 6.88 | 7.06 | 7.23 |
| Woodie | 3.89 | 4.89 | 5.77 | 6.77 | 7.65 | 8.65 | 9.53 |
| Fibonacci | 4.90 | 5.62 | 6.07 | 6.78 | 7.50 | 7.95 | 8.66 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.23 | 1.20 | 2.24 | 3.21 | 4.25 | 5.22 | 6.26 |
| Camarilla | 2.73 | 2.91 | 3.10 | 3.28 | 3.46 | 3.65 | 3.83 |
| Woodie | 0.27 | 1.22 | 2.28 | 3.23 | 4.29 | 5.24 | 6.30 |
| Fibonacci | 1.20 | 1.97 | 2.44 | 3.21 | 3.98 | 4.45 | 5.22 |
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): | 48.13 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -10.85 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 5.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.59 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 5.77 | |
| Zig ZAG (10): | 5.35 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 41.07 | |
| TEMA (21): | 5.46 | |
| Williams %R (14): | -46.43 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 0.8800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 5.01 |
| MA7: | 6.44 | |
| MA20: | 6.19 | |
| MA50: | 4.40 | |
| MA100: | 3.47 | |
| MAexp7: | 5.35 | |
| MAexp20: | 5.34 | |
| MAexp50: | 5.55 | |
| MAexp100: | 5.95 | |
| Price / MA7: | -16.61% | |
| Price / MA20: | -13.25% | |
| Price / MA50: | +22.05% | |
| Price / MA100: | +54.76% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +0.56% | |
| Price / MAexp50: | -3.24% | |
| Price / MAexp100: | -9.75% |
Quotes :
2021-02-24 16:52:23
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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