Londinia Opportunities Analyses - 06/15/2021 (GMT) TITANSWAP - TITAN/USDT - 1H

TITANSWAP - TITAN/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: TITANUSDT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 4.35 USDT
My targets
4.62 USDT (+3.13%)
4.91 USDT (+9.60%)
My analysis
The basic bullish trend is very strong on TITANSWAP - TITAN/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 4.35 USDT. Crossing the first resistance at 4.62 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 4.91 USDT as an objective. Crossing it would then enable buyers to target 5.74 USDT. Caution, a return to below 4.35 USDT would be a sign of a consolidation phase in the short-term basic trend. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5

Analysis too old. There are no more charts available.

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.

Additional analysis

Quotes

TITANSWAP - TITAN/USDT rating 4.48 USDT. The price has increased by +3.70% since the last closing with the lowest point at 4.21 USDT and the highest point at 4.48 USDT. The deviation from the price is +6.41% for the low point and 0% for the high point.

4.21
4.48
4.48

Here is a more detailed summary of the historical variations registered by TITANSWAP - TITAN/USDT:

Technical


A technical analysis in 1H of this TITANSWAP - TITAN/USDT chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3.43 4.10 4.35 4.48 4.62 4.91 5.74
Change (%) -23.44% -8.48% -2.90% - +3.13% +9.60% +28.13%
Change -1.05 -0.38 -0.13 - +0.14 +0.43 +1.26
Level Intermediate Intermediate Minor - Minor 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
Standard3.153.623.974.444.795.265.61
Camarilla4.104.174.254.324.404.474.55
Woodie3.093.593.914.414.735.235.55
Fibonacci3.623.934.134.444.754.955.26


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.671.412.834.916.338.419.83
Camarilla3.303.623.944.264.584.905.22
Woodie-0.991.252.514.756.018.259.51
Fibonacci1.412.743.574.916.247.078.41


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-5.21-1.580.904.537.0110.6413.12
Camarilla1.702.262.823.383.944.505.06
Woodie-5.79-1.870.334.246.4410.3512.55
Fibonacci-1.580.752.204.536.868.3110.64

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): 55.87
MACD (12,26,9): 0.0100
Directional Movement: 17.30
AROON (14): 71.43
DEMA (21): 4.33
Parabolic SAR (0,02-0,02-0,2): 4.47
Elder Ray (13): 0.06
Super Trend (3,10): 4.22
Zig ZAG (10): 4.38
VORTEX (21): 0.9900
Stochastique (14,3,5): 45.81
TEMA (21): 4.31
Williams %R (14): -35.34
Chande Momentum Oscillator (20): 0.04
Repulse (5,40,3): 0.7300
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 3.48
MA7: 4.19
MA20: 4.05
MA50: 3.66
MA100: 2.65
MAexp7: 4.31
MAexp20: 4.31
MAexp50: 4.27
MAexp100: 4.23
Price / MA7: +6.92%
Price / MA20: +10.62%
Price / MA50: +22.40%
Price / MA100: +69.06%
Price / MAexp7: +3.94%
Price / MAexp20: +3.94%
Price / MAexp50: +4.92%
Price / MAexp100: +5.91%

Quotes : - Real time data - Cryptocompare