MAKER - MKR/USD - 1H - Technical analysis published on 05/03/2023 (GMT)
- 178
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
39%
11%
50%
My opinion
Neutral between 679.82 USD and 707.64 USD
My targets
-
My analysis
There is no basic trend on MAKER - MKR/USD and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 707.64 USD. The nearest support is located at 679.82 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MAKER - MKR/USD rating is 699.30 USD. The price is lower by -0.05% since the last closing and was between 670.19 USD and 700.47 USD. This implies that the price is at +4.34% from its lowest and at -0.17% from its highest.670.19
700.47
699.30
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MAKER - MKR/USD in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 668.82 | 679.82 | 698.57 | 699.30 | 707.64 | 715.78 | 721.86 |
| Change (%) | -4.36% | -2.79% | -0.10% | - | +1.19% | +2.36% | +3.23% |
| Change | -30.48 | -19.48 | -0.73 | - | +8.34 | +16.48 | +22.56 |
| Level | Major | Intermediate | Minor | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 647.30 | 664.15 | 681.91 | 698.76 | 716.52 | 733.37 | 751.13 |
| Camarilla | 690.16 | 693.34 | 696.51 | 699.68 | 702.85 | 706.03 | 709.20 |
| Woodie | 647.77 | 664.38 | 682.38 | 698.99 | 716.99 | 733.60 | 751.60 |
| Fibonacci | 664.15 | 677.37 | 685.54 | 698.76 | 711.98 | 720.15 | 733.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 577.92 | 613.55 | 654.71 | 690.34 | 731.50 | 767.13 | 808.29 |
| Camarilla | 674.74 | 681.78 | 688.82 | 695.86 | 702.90 | 709.94 | 716.98 |
| Woodie | 580.68 | 614.93 | 657.47 | 691.72 | 734.26 | 768.51 | 811.05 |
| Fibonacci | 613.55 | 642.89 | 661.01 | 690.34 | 719.68 | 737.80 | 767.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 452.08 | 550.64 | 621.25 | 719.81 | 790.42 | 888.98 | 959.59 |
| Camarilla | 645.35 | 660.86 | 676.36 | 691.87 | 707.38 | 722.89 | 738.39 |
| Woodie | 438.12 | 543.65 | 607.29 | 712.82 | 776.46 | 881.99 | 945.63 |
| Fibonacci | 550.64 | 615.26 | 655.18 | 719.81 | 784.43 | 824.35 | 888.98 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 52.92 | |
| MACD (12,26,9): | -2.0800 | |
| Directional Movement: | -6.21 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 686.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 671.52 | |
| Elder Ray (13): | -1.08 | |
| Super Trend (3,10): | 704.84 | |
| Zig ZAG (10): | 697.95 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 81.16 | |
| TEMA (21): | 685.99 | |
| Williams %R (14): | -0.73 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | 4.8200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 1.20 |
| MA7: | 695.43 | |
| MA20: | 716.32 | |
| MA50: | 704.01 | |
| MA100: | 732.29 | |
| MAexp7: | 688.87 | |
| MAexp20: | 689.97 | |
| MAexp50: | 694.02 | |
| MAexp100: | 695.35 | |
| Price / MA7: | +0.56% | |
| Price / MA20: | -2.38% | |
| Price / MA50: | -0.67% | |
| Price / MA100: | -4.51% | |
| Price / MAexp7: | +1.51% | |
| Price / MAexp20: | +1.35% | |
| Price / MAexp50: | +0.76% | |
| Price / MAexp100: | +0.57% |
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.
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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