SIACOIN - SC/USD - 1H - Technical analysis published on 01/21/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 0.001510 USD
My targets
0.001444 USD (-1.84%)
0.001376 USD (-6.46%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.001510 USD remains possible. It is advisable to trade SIACOIN - SC/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.001510 USD. The next bearish objective for sellers is set at 0.001444 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.001376 USD. In case of crossing, the next objective would be the support located at 0.001336 USD. PS: if there is a bullish break in the resistance located at 0.001510 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
FORCE
0
10
0.7
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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
SIACOIN - SC/USD rating 0.001471 USD. The price is lower by +6.59% since the last closing with the lowest point at 0.001380 USD and the highest point at 0.001522 USD. The deviation from the price is +6.59% for the low point and -3.35% for the high point.0.001380
0.001522
0.001471
Here is a more detailed summary of the historical variations registered by SIACOIN - SC/USD:
Technical
Technical analysis of this 1H chart of SIACOIN - SC/USD indicates that the overall trend is bearish. 64.29% 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 a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.001336 | 0.001376 | 0.001444 | 0.001471 | 0.001510 | 0.001573 | 0.001617 |
| Change (%) | -9.18% | -6.46% | -1.84% | - | +2.65% | +6.93% | +9.93% |
| Change | -0.000135 | -0.000095 | -0.000027 | - | +0.000039 | +0.000102 | +0.000146 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001122 | 0.001249 | 0.001315 | 0.001442 | 0.001508 | 0.001635 | 0.001701 |
| Camarilla | 0.001327 | 0.001345 | 0.001362 | 0.001380 | 0.001398 | 0.001415 | 0.001433 |
| Woodie | 0.001091 | 0.001234 | 0.001284 | 0.001427 | 0.001477 | 0.001620 | 0.001670 |
| Fibonacci | 0.001249 | 0.001323 | 0.001369 | 0.001442 | 0.001516 | 0.001562 | 0.001635 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000821 | 0.001018 | 0.001304 | 0.001501 | 0.001787 | 0.001984 | 0.002270 |
| Camarilla | 0.001457 | 0.001502 | 0.001546 | 0.001590 | 0.001634 | 0.001679 | 0.001723 |
| Woodie | 0.000866 | 0.001040 | 0.001349 | 0.001523 | 0.001832 | 0.002006 | 0.002315 |
| Fibonacci | 0.001018 | 0.001203 | 0.001317 | 0.001501 | 0.001686 | 0.001800 | 0.001984 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000758 | 0.000993 | 0.001141 | 0.001376 | 0.001524 | 0.001759 | 0.001907 |
| Camarilla | 0.001185 | 0.001220 | 0.001255 | 0.001290 | 0.001325 | 0.001360 | 0.001395 |
| Woodie | 0.000716 | 0.000971 | 0.001099 | 0.001354 | 0.001482 | 0.001737 | 0.001865 |
| Fibonacci | 0.000993 | 0.001139 | 0.001229 | 0.001376 | 0.001522 | 0.001612 | 0.001759 |
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): | 50.21 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.940993 | |
| AROON (14): | 71.428568 | |
| DEMA (21): | 0.001467 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.001414 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 0.001349 | |
| Zig ZAG (10): | 0.001470 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 63.46 | |
| TEMA (21): | 0.001477 | |
| Williams %R (14): | -38.52 | |
| Chande Momentum Oscillator (20): | -0.000001 | |
| Repulse (5,40,3): | -2.4142 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0211 | |
| Courbe Coppock: | 3.48 |
| MA7: | 0.001524 | |
| MA20: | 0.001421 | |
| MA50: | 0.001409 | |
| MA100: | 0.001652 | |
| MAexp7: | 0.001472 | |
| MAexp20: | 0.001469 | |
| MAexp50: | 0.001482 | |
| MAexp100: | 0.001497 | |
| Price / MA7: | -3.48% | |
| Price / MA20: | +3.52% | |
| Price / MA50: | +4.40% | |
| Price / MA100: | -10.96% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | -0.74% | |
| Price / MAexp100: | -1.74% |
This member declared not having a position on this financial instrument or a related financial instrument.
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