Londinia Opportunities Analyses - 09/25/2022 (GMT) INJECTIVE - INJ/USDT - 1H

INJECTIVE - INJ/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: INJUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
22%
17%
My opinion
Bullish above 1.65 USDT
My targets
1.68 USDT (+1.20%)
1.71 USDT (+3.01%)
My analysis
The bullish trend is currently very strong on INJECTIVE PROTOCOL - INJ/USDT. As long as the price remains above the support at 1.65 USDT, you could try to benefit from the boom. The first bullish objective is located at 1.68 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.71 USDT as an objective. Crossing it would then enable buyers to target 1.89 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
7.3

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The INJECTIVE PROTOCOL - INJ/USDT price is 1.66 USDT. The price has increased by +1.22% since the last closing and was between 1.61 USDT and 1.66 USDT. This implies that the price is at +3.11% from its lowest and at 0% from its highest.

1.61
1.66
1.66

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of INJECTIVE PROTOCOL - INJ/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

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.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.54 1.59 1.65 1.66 1.68 1.71 1.89
Change (%) -7.23% -4.22% -0.60% - +1.20% +3.01% +13.86%
Change -0.12 -0.07 -0.01 - +0.02 +0.05 +0.23
Level Minor Intermediate Major - Minor Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.411.471.561.621.711.771.86
Camarilla1.601.611.631.641.651.671.68
Woodie1.421.481.571.631.721.781.87
Fibonacci1.471.531.571.621.681.721.77


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.221.331.481.591.741.852.00
Camarilla1.571.591.621.641.661.691.71
Woodie1.251.341.511.601.771.862.03
Fibonacci1.331.431.491.591.691.751.85


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.160.811.191.842.222.873.25
Camarilla1.281.371.471.561.651.751.84
Woodie0.020.741.051.772.082.803.11
Fibonacci0.811.211.451.842.242.482.87

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): 59.63
MACD (12,26,9): 0.0200
Directional Movement: 16.75
AROON (14): -42.86
DEMA (21): 1.65
Parabolic SAR (0,02-0,02-0,2): 1.62
Elder Ray (13): 0.01
Super Trend (3,10): 1.58
Zig ZAG (10): 1.65
VORTEX (21): 1.1400
Stochastique (14,3,5): 42.39
TEMA (21): 1.65
Williams %R (14): -55.56
Chande Momentum Oscillator (20): -0.03
Repulse (5,40,3): 0.4400
ROCnROLL: 1
TRIX (15,9): 0.2200
Courbe Coppock: 2.23
MA7: 1.57
MA20: 1.61
MA50: 1.67
MA100: 1.50
MAexp7: 1.64
MAexp20: 1.62
MAexp50: 1.59
MAexp100: 1.57
Price / MA7: +5.73%
Price / MA20: +3.11%
Price / MA50: -0.60%
Price / MA100: +10.67%
Price / MAexp7: +1.22%
Price / MAexp20: +2.47%
Price / MAexp50: +4.40%
Price / MAexp100: +5.73%

Quotes : - Real time data - Cryptocompare