Londinia Opportunities Analyses - 06/19/2021 (GMT) WORLDWIDE ASSET EXCHAN (X100) - WAXP/ETH - 1H

WORLDWIDE ASSET EXCHAN (X100) - WAXP/ETH
- ETH (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: WAXPETH
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
83%
0%
17%
My opinion
Bullish above 0.006376 ETH
My targets
0.006520 ETH (+1.35%)
0.007087 ETH (+10.17%)
My analysis
WORLDWIDE ASSET EXCHAN (X100) - WAXP/ETH is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.006376 ETH. The next resistance located at 0.006520 ETH is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.007087 ETH. After this resistance, buyers could then target 0.009668 ETH. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

WORLDWIDE ASSET EXCHAN (X100) - WAXP/ETH rating 0.006433 ETH. On the day, this instrument gained +3.93% and was traded between 0.006118 ETH and 0.006433 ETH over the period. The price is currently at +5.15% from its lowest and 0% from its highest.

0.006118
0.006433
0.006433

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by WORLDWIDE ASSET EXCHAN (X100) - WAXP/ETH:

Technical


Technical analysis of WORLDWIDE ASSET EXCHAN (X100) - WAXP/ETH 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently positioned bullish. 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 scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

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 engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.006125 0.006243 0.006376 0.006433 0.006520 0.007087 0.009668
Change (%) -4.79% -2.95% -0.89% - +1.35% +10.17% +50.29%
Change -0.000308 -0.000190 -0.000057 - +0.000087 +0.000654 +0.003235
Level Intermediate Major Minor - Intermediate Intermediate Minor



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
Standard0.0055140.0056890.0059400.0061150.0063660.0065410.006792
Camarilla0.0060730.0061120.0061510.0061900.0062290.0062680.006307
Woodie0.0055510.0057080.0059770.0061340.0064030.0065600.006829
Fibonacci0.0056890.0058520.0059530.0061150.0062780.0063790.006541


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0044570.0049650.0055040.0060120.0065510.0070590.007598
Camarilla0.0057550.0058510.0059470.0060430.0061390.0062350.006331
Woodie0.0044730.0049730.0055200.0060200.0065670.0070670.007614
Fibonacci0.0049650.0053650.0056120.0060120.0064120.0066590.007059


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0014540.0016350.0037310.0068200.0089160.0120050.014101
Camarilla0.0044000.0048750.0053510.0058260.0063010.0067770.007252
Woodie-0.0019520.0013870.0032340.0065720.0084190.0117570.013604
Fibonacci0.0016350.0036160.0048400.0068200.0088010.0100250.012005

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): 63.40
MACD (12,26,9): 0.0001
Directional Movement: 7.174324
AROON (14): 92.857140
DEMA (21): 0.006357
Parabolic SAR (0,02-0,02-0,2): 0.006242
Elder Ray (13): 0.000071
Super Trend (3,10): 0.006119
Zig ZAG (10): 0.006397
VORTEX (21): 1.1066
Stochastique (14,3,5): 87.31
TEMA (21): 0.006379
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.000196
Repulse (5,40,3): 2.4737
ROCnROLL: 1
TRIX (15,9): 0.1468
Courbe Coppock: 4.79
MA7: 0.006053
MA20: 0.005959
MA50: 0.006152
MA100: 0.009020
MAexp7: 0.006308
MAexp20: 0.006264
MAexp50: 0.006170
MAexp100: 0.006102
Price / MA7: +6.28%
Price / MA20: +7.95%
Price / MA50: +4.57%
Price / MA100: -28.68%
Price / MAexp7: +1.98%
Price / MAexp20: +2.70%
Price / MAexp50: +4.26%
Price / MAexp100: +5.42%

Quotes : - Real time data - Cryptocompare