Londinia Opportunities Analyses - 06/18/2021 (GMT) PLIAN - PI/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | PIUSDT |
| 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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.007754 USDT
My targets
0.007087 USDT (-6.43%)
0.003993 USDT (-47.28%)
My analysis
PCHAIN - PI/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.007754 USDT. The next support located at 0.007087 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.003993 USDT. Below this support, sellers could then target 0.002113 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The PCHAIN - PI/USDT rating is 0.007574 USDT. The price registered a decrease of -25.16% on the session with the lowest point at 0.007385 USDT and the highest point at 0.010690 USDT. The deviation from the price is +2.56% for the low point and -29.15% for the high point.0.007385
0.010690
0.007574
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in 1H of this PCHAIN - PI/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.007574 | 0.007754 | 0.009218 | 0.011504 |
| Change (%) | - | +2.38% | +21.71% | +51.89% |
| Change | - | +0.000180 | +0.001644 | +0.003930 |
| Level | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005750 | 0.007484 | 0.008802 | 0.010536 | 0.011854 | 0.013588 | 0.014906 |
| Camarilla | 0.009281 | 0.009561 | 0.009840 | 0.010120 | 0.010400 | 0.010680 | 0.010959 |
| Woodie | 0.005542 | 0.007380 | 0.008594 | 0.010432 | 0.011646 | 0.013484 | 0.014698 |
| Fibonacci | 0.007484 | 0.008650 | 0.009370 | 0.010536 | 0.011702 | 0.012422 | 0.013588 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002113 | 0.007087 | 0.011013 | 0.015987 | 0.019913 | 0.024887 | 0.028813 |
| Camarilla | 0.012493 | 0.013308 | 0.014124 | 0.014940 | 0.015756 | 0.016572 | 0.017388 |
| Woodie | 0.001590 | 0.006825 | 0.010490 | 0.015725 | 0.019390 | 0.024625 | 0.028290 |
| Fibonacci | 0.007087 | 0.010487 | 0.012587 | 0.015987 | 0.019387 | 0.021487 | 0.024887 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.044107 | -0.014533 | 0.003993 | 0.033567 | 0.052093 | 0.081667 | 0.100193 |
| Camarilla | 0.009293 | 0.013702 | 0.018111 | 0.022520 | 0.026929 | 0.031338 | 0.035748 |
| Woodie | -0.049630 | -0.017295 | -0.001530 | 0.030805 | 0.046570 | 0.078905 | 0.094670 |
| Fibonacci | -0.014533 | 0.003841 | 0.015193 | 0.033567 | 0.051941 | 0.063293 | 0.081667 |
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): | 33.48 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -19.144712 | |
| AROON (14): | -57.142859 | |
| DEMA (21): | 0.007995 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.009001 | |
| Elder Ray (13): | -0.000463 | |
| Super Trend (3,10): | 0.010061 | |
| Zig ZAG (10): | 0.007999 | |
| VORTEX (21): | 0.8960 | |
| Stochastique (14,3,5): | 20.28 | |
| TEMA (21): | 0.007654 | |
| Williams %R (14): | -80.76 | |
| Chande Momentum Oscillator (20): | -0.002399 | |
| Repulse (5,40,3): | 2.1998 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.9284 | |
| Courbe Coppock: | 43.41 |
| MA7: | 0.011729 | |
| MA20: | 0.017111 | |
| MA50: | 0.029729 | |
| MA100: | 0.036295 | |
| MAexp7: | 0.008112 | |
| MAexp20: | 0.008904 | |
| MAexp50: | 0.009937 | |
| MAexp100: | 0.011014 | |
| Price / MA7: | -35.43% | |
| Price / MA20: | -55.74% | |
| Price / MA50: | -74.52% | |
| Price / MA100: | -79.13% | |
| Price / MAexp7: | -6.63% | |
| Price / MAexp20: | -14.94% | |
| Price / MAexp50: | -23.78% | |
| Price / MAexp100: | -31.23% |
Quotes :
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Real time data
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