Londinia Opportunities Analyses - 06/14/2021 (GMT) OPEN PLATFORM - OPEN/USDT - 1H

OPEN PLATFORM - OPEN/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: OPENUSDT
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
72%
11%
17%
My opinion
Bullish above 0.004833 USDT
My targets
0.004999 USDT (+2.38%)
0.005121 USDT (+4.87%)
My analysis
The bullish trend is currently very strong on OPEN PLATFORM - OPEN/USDT. As long as the price remains above the support at 0.004833 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.004999 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.005121 USDT as an objective. Crossing it would then enable buyers to target 0.005485 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

OPEN PLATFORM - OPEN/USDT rating 0.004883 USDT. On the day, this instrument gained +1.16% and was between 0.004558 USDT and 0.005051 USDT. This implies that the price is at +7.13% from its lowest and at -3.33% from its highest.

0.004558
0.005051
0.004883

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of OPEN PLATFORM - OPEN/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.004418 0.004619 0.004833 0.004883 0.004999 0.005121 0.005485
Change (%) -9.52% -5.41% -1.02% - +2.38% +4.87% +12.33%
Change -0.000465 -0.000264 -0.000050 - +0.000116 +0.000238 +0.000602
Level Major Intermediate Minor - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0037160.0039680.0043970.0046490.0050780.0053300.005759
Camarilla0.0046400.0047020.0047650.0048270.0048890.0049520.005014
Woodie0.0038060.0040120.0044870.0046930.0051680.0053740.005849
Fibonacci0.0039680.0042280.0043890.0046490.0049090.0050700.005330


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0022720.0031050.0038180.0046510.0053640.0061970.006910
Camarilla0.0041050.0042470.0043880.0045300.0046720.0048130.004955
Woodie0.0022110.0030750.0037570.0046210.0053030.0061670.006849
Fibonacci0.0031050.0036960.0040610.0046510.0052420.0056070.006197


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.188437-0.091870-0.0431340.0534330.1021690.1987360.247472
Camarilla-0.034356-0.021037-0.0077170.0056020.0189210.0322410.045560
Woodie-0.212353-0.103828-0.0670500.0414750.0782540.1867780.223557
Fibonacci-0.091870-0.036364-0.0020730.0534330.1089390.1432300.198736

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): 69.86
MACD (12,26,9): 0.0001
Directional Movement: 26.472099
AROON (14): 35.714283
DEMA (21): 0.004779
Parabolic SAR (0,02-0,02-0,2): 0.004578
Elder Ray (13): 0.000149
Super Trend (3,10): 0.004663
Zig ZAG (10): 0.004882
VORTEX (21): 1.1389
Stochastique (14,3,5): 63.35
TEMA (21): 0.004791
Williams %R (14): -34.08
Chande Momentum Oscillator (20): 0.000208
Repulse (5,40,3): -0.8320
ROCnROLL: 1
TRIX (15,9): 0.1496
Courbe Coppock: 0.12
MA7: 0.004608
MA20: 0.004999
MA50: 0.007450
MA100: 0.007086
MAexp7: 0.004774
MAexp20: 0.004707
MAexp50: 0.004627
MAexp100: 0.004590
Price / MA7: +5.97%
Price / MA20: -2.32%
Price / MA50: -34.46%
Price / MA100: -31.09%
Price / MAexp7: +2.28%
Price / MAexp20: +3.74%
Price / MAexp50: +5.53%
Price / MAexp100: +6.38%

Quotes : - Real time data - Cryptocompare