Londinia Opportunities Analyses - 06/15/2021 (GMT) GMB (X10000) - GMB/ETH - 1H
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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.010767 ETH
My targets
0.011533 ETH (+4.85%)
0.011800 ETH (+7.27%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GMB (X10000) - GMB/ETH as long as the price remains well above 0.010767 ETH. The buyers' bullish objective is set at 0.011533 ETH. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.011800 ETH. If there is any crossing, the next objective would be the resistance located at 0.017200 ETH. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.9
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Additional analysis
Quotes
GMB (X10000) - GMB/ETH rating 0.011000 ETH. On the day, this instrument gained +15.79% and was traded between 0.009300 ETH and 0.011100 ETH over the period. The price is currently at +18.28% from its lowest and -0.90% from its highest.0.009300
0.011100
0.011000
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this GMB (X10000) - GMB/ETH chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel 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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.009600 | 0.009800 | 0.010100 | 0.011000 | 0.011800 | 0.017200 | 0.024900 |
| Change (%) | -12.73% | -10.91% | -8.18% | - | +7.27% | +56.36% | +126.36% |
| Change | -0.001400 | -0.001200 | -0.000900 | - | +0.000800 | +0.006200 | +0.013900 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008000 | 0.008500 | 0.009000 | 0.009500 | 0.010000 | 0.010500 | 0.011000 |
| Camarilla | 0.009225 | 0.009317 | 0.009408 | 0.009500 | 0.009592 | 0.009683 | 0.009775 |
| Woodie | 0.008000 | 0.008500 | 0.009000 | 0.009500 | 0.010000 | 0.010500 | 0.011000 |
| Fibonacci | 0.008500 | 0.008882 | 0.009118 | 0.009500 | 0.009882 | 0.010118 | 0.010500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005833 | 0.006967 | 0.007733 | 0.008867 | 0.009633 | 0.010767 | 0.011533 |
| Camarilla | 0.007978 | 0.008152 | 0.008326 | 0.008500 | 0.008674 | 0.008848 | 0.009023 |
| Woodie | 0.005650 | 0.006875 | 0.007550 | 0.008775 | 0.009450 | 0.010675 | 0.011350 |
| Fibonacci | 0.006967 | 0.007693 | 0.008141 | 0.008867 | 0.009593 | 0.010041 | 0.010767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.017500 | -0.004700 | 0.003100 | 0.015900 | 0.023700 | 0.036500 | 0.044300 |
| Camarilla | 0.005235 | 0.007123 | 0.009012 | 0.010900 | 0.012788 | 0.014677 | 0.016565 |
| Woodie | -0.020000 | -0.005950 | 0.000600 | 0.014650 | 0.021200 | 0.035250 | 0.041800 |
| Fibonacci | -0.004700 | 0.003169 | 0.008031 | 0.015900 | 0.023769 | 0.028631 | 0.036500 |
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): | 65.60 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 20.762358 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.010501 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.009902 | |
| Elder Ray (13): | 0.000081 | |
| Super Trend (3,10): | 0.010131 | |
| Zig ZAG (10): | 0.010500 | |
| VORTEX (21): | 1.2143 | |
| Stochastique (14,3,5): | 91.67 | |
| TEMA (21): | 0.010532 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.000200 | |
| Repulse (5,40,3): | 1.7426 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3334 | |
| Courbe Coppock: | 7.83 |
| MA7: | 0.009157 | |
| MA20: | 0.009855 | |
| MA50: | 0.012522 | |
| MA100: | 0.012948 | |
| MAexp7: | 0.010421 | |
| MAexp20: | 0.010210 | |
| MAexp50: | 0.009832 | |
| MAexp100: | 0.009510 | |
| Price / MA7: | +20.13% | |
| Price / MA20: | +11.62% | |
| Price / MA50: | -12.15% | |
| Price / MA100: | -15.04% | |
| Price / MAexp7: | +5.56% | |
| Price / MAexp20: | +7.74% | |
| Price / MAexp50: | +11.88% | |
| Price / MAexp100: | +15.67% |
Quotes :
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Real time data
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