Londinia Opportunities Analyses - 06/19/2021 (GMT) SUN TOKEN - SUN/USDT - 1H

SUN TOKEN - SUN/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: SUNUSDT
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
89%
6%
6%
My opinion
Bullish above 0.032133 USDT
My targets
0.034916 USDT (+5.81%)
0.038050 USDT (+15.30%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUN TOKEN - SUN/USDT as long as the price remains well above 0.032133 USDT. The buyers' bullish objective is set at 0.034916 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.038050 USDT. If there is any crossing, the next objective would be the resistance located at 0.040390 USDT. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The SUN TOKEN - SUN/USDT price is 0.033000 USDT. The price has increased by +0.12% since the last closing and was traded between 0.032530 USDT and 0.033140 USDT over the period. The price is currently at +1.44% from its lowest and -0.42% from its highest.

0.032530
0.033140
0.033000

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of SUN TOKEN - SUN/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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

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


Parabolic SAR indicator bullish reversal

Type : Bullish

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:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of channel

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
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.028226 0.030956 0.032133 0.033000 0.034916 0.038050 0.040390
Change (%) -14.47% -6.19% -2.63% - +5.81% +15.30% +22.39%
Change -0.004774 -0.002044 -0.000867 - +0.001916 +0.005050 +0.007390
Level Intermediate Minor Minor - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0246570.0267330.0298470.0319230.0350370.0371130.040227
Camarilla0.0315330.0320090.0324840.0329600.0334360.0339120.034387
Woodie0.0251750.0269930.0303650.0321830.0355550.0373730.040745
Fibonacci0.0267330.0287160.0299410.0319230.0339060.0351310.037113


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.025520-0.0002100.0133800.0386900.0522800.0775900.091180
Camarilla0.0162730.0198380.0234040.0269700.0305360.0341020.037668
Woodie-0.031380-0.0031400.0075200.0357600.0464200.0746600.085320
Fibonacci-0.0002100.0146500.0238300.0386900.0535500.0627300.077590


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-10.1933312.24333515.04666727.48333340.28666552.72333165.526663
Camarilla20.90900123.22266725.53633427.85000030.16366732.47733334.791000
Woodie-10.0099972.33500215.23000127.57500040.46999952.81499865.709997
Fibonacci2.24333511.88501417.84165327.48333337.12501243.08165152.723331

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): 60.21
MACD (12,26,9): 0.0003
Directional Movement: 13.612693
AROON (14): 64.285712
DEMA (21): 0.031672
Parabolic SAR (0,02-0,02-0,2): 0.029090
Elder Ray (13): 0.001260
Super Trend (3,10): 0.029280
Zig ZAG (10): 0.032610
VORTEX (21): 1.0317
Stochastique (14,3,5): 78.63
TEMA (21): 0.031794
Williams %R (14): -25.86
Chande Momentum Oscillator (20): 0.001500
Repulse (5,40,3): 2.7677
ROCnROLL: 1
TRIX (15,9): 0.0058
Courbe Coppock: 2.29
MA7: 0.030466
MA20: 8.210289
MA50: 20.223917
MA100: 26.709858
MAexp7: 0.031608
MAexp20: 0.031436
MAexp50: 0.031151
MAexp100: 0.030927
Price / MA7: +8.32%
Price / MA20: -99.60%
Price / MA50: -99.84%
Price / MA100: -99.88%
Price / MAexp7: +4.40%
Price / MAexp20: +4.98%
Price / MAexp50: +5.94%
Price / MAexp100: +6.70%

Quotes : - Real time data - Cryptocompare