TOMOCHAIN - TOMO/USD

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	TOMOUSD
ISIN:

TOMOCHAIN - TOMO/USD - Daily - Technical analysis published on 11/10/2022 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

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TOMOCHAIN - TOMO/USD Chart

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

67%

11%

My opinion

Bearish under 0.283667 USD

My targets

My analysis

The bearish trend is currently very strong for TOMOCHAIN - TOMO/USD. As long as the price remains below the resistance at 0.283667 USD, you could try to take advantage of the bearish rally. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

7.5

Comment on the analysis

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.

This analysis was given by Londinia.

Additional analysis

Quotes

TOMOCHAIN - TOMO/USD rating 0.254400 USD. The price is lower by -5.46% since the last closing and was traded between 0.254400 USD and 0.355000 USD over the period. The price is currently at 0% from its lowest and -28.34% from its highest.

0.254400

0.355000

0.254400

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TOMOCHAIN - TOMO/USD:

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

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of TOMOCHAIN - TOMO/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 2 are neutral and 12 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Bullish harami

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.254400	0.401200	0.533117	0.680200
Change (%)	-	+57.70%	+109.56%	+167.37%
Change	-	+0.146800	+0.278717	+0.425800
Level	-	Major	Intermediate	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
Standard	0.116000	0.183700	0.226400	0.294100	0.336800	0.404500	0.447200
Camarilla	0.238740	0.248860	0.258980	0.269100	0.279220	0.289340	0.299460
Woodie	0.103500	0.177450	0.213900	0.287850	0.324300	0.398250	0.434700
Fibonacci	0.183700	0.225873	0.251927	0.294100	0.336273	0.362327	0.404500

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.342033	0.373267	0.423233	0.454467	0.504433	0.535667	0.585633
Camarilla	0.450870	0.458313	0.465757	0.473200	0.480643	0.488087	0.495530
Woodie	0.351400	0.377950	0.432600	0.459150	0.513800	0.540350	0.595000
Fibonacci	0.373267	0.404285	0.423448	0.454467	0.485485	0.504648	0.535667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.283667	0.328733	0.382067	0.427133	0.480467	0.525533	0.578867
Camarilla	0.408340	0.417360	0.426380	0.435400	0.444420	0.453440	0.462460
Woodie	0.287800	0.330800	0.386200	0.429200	0.484600	0.527600	0.583000
Fibonacci	0.328733	0.366322	0.389545	0.427133	0.464722	0.487945	0.525533

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):	32.49
MACD (12,26,9):	-0.0200
Directional Movement:	-29.555757
AROON (14):	-28.571429
DEMA (21):	0.383872
Parabolic SAR (0,02-0,02-0,2):	0.473515
Elder Ray (13):	-0.087011
Super Trend (3,10):	0.427433
Zig ZAG (10):	0.305900
VORTEX (21):	0.8109
Stochastique (14,3,5):	14.66
TEMA (21):	0.370191
Williams %R (14):	-77.98
Chande Momentum Oscillator (20):	-0.139000
Repulse (5,40,3):	-35.7962
ROCnROLL:	2
TRIX (15,9):	-0.1093
Courbe Coppock:	17.14

MA7:	0.396500
MA20:	0.415290
MA50:	0.425374
MA100:	0.480993
MAexp7:	0.366405
MAexp20:	0.403958
MAexp50:	0.428883
MAexp100:	0.480260
Price / MA7:	-35.84%
Price / MA20:	-38.74%
Price / MA50:	-40.19%
Price / MA100:	-47.11%
Price / MAexp7:	-30.57%
Price / MAexp20:	-37.02%
Price / MAexp50:	-40.68%
Price / MAexp100:	-47.03%

Quotes : - Real time data - Cryptocompare

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

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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…