Londinia Opportunities Analyses - 06/18/2021 (GMT) AUTO (X1000) - AUTO/BTC - 1H

AUTO (X1000) - AUTO/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: AUTOBTC
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 bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 34.59 BTC
My targets
39.58 BTC (+9.32%)
43.00 BTC (+18.74%)
My analysis
The bullish trend is currently very strong on AUTO (X1000) - AUTO/BTC. As long as the price remains above the support at 34.59 BTC, you could try to benefit from the boom. The first bullish objective is located at 39.58 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 43.00 BTC as an objective. 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
8.6

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

The AUTO (X1000) - AUTO/BTC price is 36.21 BTC. On the day, this instrument gained +6.16% and was between 33.66 BTC and 37.41 BTC. This implies that the price is at +7.58% from its lowest and at -3.21% from its highest.

33.66
37.41
36.21

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

Technical


Technical analysis of this 1H chart of AUTO (X1000) - AUTO/BTC indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

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 presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Three white soldiers

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 30.71 33.29 34.59 36.21
Change (%) -15.19% -8.06% -4.47% -
Change -5.50 -2.92 -1.62 -
Level Intermediate Minor 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
Standard30.1631.1032.6033.5435.0435.9837.48
Camarilla33.4433.6633.8934.1134.3334.5634.78
Woodie30.4531.2432.8933.6835.3336.1237.77
Fibonacci31.1032.0332.6133.5434.4735.0535.98


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.7422.7426.1631.1634.5839.5843.00
Camarilla27.2628.0328.8029.5730.3431.1131.89
Woodie16.9422.3525.3630.7733.7839.1942.20
Fibonacci22.7425.9627.9531.1634.3836.3739.58


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-30.57-15.2811.4926.7853.5568.8495.61
Camarilla26.7030.5634.4238.2742.1345.9849.84
Woodie-24.82-12.4117.2429.6559.3071.71101.36
Fibonacci-15.280.7810.7126.7842.8452.7768.84

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): 65.09
MACD (12,26,9): 0.4600
Directional Movement: 20.52
AROON (14): 35.72
DEMA (21): 35.97
Parabolic SAR (0,02-0,02-0,2): 34.60
Elder Ray (13): 0.45
Super Trend (3,10): 34.38
Zig ZAG (10): 36.02
VORTEX (21): 1.1100
Stochastique (14,3,5): 81.27
TEMA (21): 36.01
Williams %R (14): -9.34
Chande Momentum Oscillator (20): 1.01
Repulse (5,40,3): 2.2100
ROCnROLL: 1
TRIX (15,9): 0.1900
Courbe Coppock: 2.29
MA7: 31.56
MA20: 33.60
MA50: 17.29
MA100: 8.65
MAexp7: 35.82
MAexp20: 35.33
MAexp50: 34.35
MAexp100: 33.10
Price / MA7: +14.73%
Price / MA20: +7.77%
Price / MA50: +109.43%
Price / MA100: +318.61%
Price / MAexp7: +1.09%
Price / MAexp20: +2.49%
Price / MAexp50: +5.41%
Price / MAexp100: +9.40%

Quotes : - Real time data - Cryptocompare