Londinia Opportunities Analyses - 06/19/2021 (GMT) BEAM (X1000) - BEAM/BTC - 1H

BEAM (X1000) - BEAM/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: BEAMBTC
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
67%
0%
33%
My opinion
Bullish above 0.016836 BTC
My targets
0.017720 BTC (+3.69%)
0.018080 BTC (+5.79%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BEAM (X1000) - BEAM/BTC as long as the price remains well above 0.016836 BTC. The buyers' bullish objective is set at 0.017720 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.018080 BTC. If there is any crossing, the next objective would be the resistance located at 0.018630 BTC. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

BEAM (X1000) - BEAM/BTC rating 0.017090 BTC. On the day, this instrument lost -1.44% and was between 0.016710 BTC and 0.017330 BTC. This implies that the price is at +2.27% from its lowest and at -1.38% from its highest.

0.016710
0.017330
0.017090

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Technical


Technical analysis of this 1H chart of BEAM (X1000) - BEAM/BTC indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% 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.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.013218 0.016220 0.016836 0.017090 0.017120 0.017720 0.018080
Change (%) -22.66% -5.09% -1.49% - +0.18% +3.69% +5.79%
Change -0.003872 -0.000870 -0.000254 - +0.000030 +0.000630 +0.000990
Level Minor Major 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
Standard0.0144330.0150670.0162030.0168370.0179730.0186070.019743
Camarilla0.0168530.0170160.0171780.0173400.0175020.0176650.017827
Woodie0.0146850.0151930.0164550.0169630.0182250.0187330.019995
Fibonacci0.0150670.0157430.0161610.0168370.0175130.0179310.018607


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0095830.0127870.0153330.0185370.0210830.0242870.026833
Camarilla0.0162990.0168260.0173530.0178800.0184070.0189340.019461
Woodie0.0092550.0126230.0150050.0183730.0207550.0241230.026505
Fibonacci0.0127870.0149830.0163400.0185370.0207330.0220900.024287


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0054570.0045770.0125930.0226270.0306430.0406770.048693
Camarilla0.0156460.0173010.0189550.0206100.0222650.0239190.025574
Woodie-0.0064650.0040730.0115850.0221230.0296350.0401730.047685
Fibonacci0.0045770.0114720.0157320.0226270.0295220.0337820.040677

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): 60.63
MACD (12,26,9): 0.0002
Directional Movement: 15.245009
AROON (14): 50.000000
DEMA (21): 0.016983
Parabolic SAR (0,02-0,02-0,2): 0.017440
Elder Ray (13): 0.000206
Super Trend (3,10): 0.016327
Zig ZAG (10): 0.017110
VORTEX (21): 1.1605
Stochastique (14,3,5): 65.07
TEMA (21): 0.017088
Williams %R (14): -32.48
Chande Momentum Oscillator (20): 0.000650
Repulse (5,40,3): 0.7797
ROCnROLL: 1
TRIX (15,9): 0.1109
Courbe Coppock: 9.61
MA7: 0.016813
MA20: 0.018665
MA50: 0.022032
MA100: 0.022059
MAexp7: 0.016930
MAexp20: 0.016781
MAexp50: 0.016612
MAexp100: 0.016629
Price / MA7: +1.65%
Price / MA20: -8.44%
Price / MA50: -22.43%
Price / MA100: -22.53%
Price / MAexp7: +0.95%
Price / MAexp20: +1.84%
Price / MAexp50: +2.88%
Price / MAexp100: +2.77%

Quotes : - Real time data - Cryptocompare