Londinia Opportunities Analyses - 09/16/2021 (GMT) PHALA NETWORK (X100) - PHA/BTC - 1H
Type: | Cryptocurrencies |
Ticker: | PHABTC |
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 0.002200 BTC
My targets
0.002336 BTC (+3.64%)
0.002466 BTC (+9.41%)
My analysis
PHALA NETWORK (X100) - PHA/BTC 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 0.002200 BTC. The next resistance located at 0.002336 BTC 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 0.002466 BTC. After this resistance, buyers could then target 0.002706 BTC. 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.
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
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 PHALA NETWORK (X100) - PHA/BTC price is 0.002254 BTC. The price has increased by +0.90% since the last closing and was traded between 0.002140 BTC and 0.002283 BTC over the period. The price is currently at +5.33% from its lowest and -1.27% from its highest.0.002140
0.002283
0.002254
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PHALA NETWORK (X100) - PHA/BTC:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this PHALA NETWORK (X100) - PHA/BTC chart shows a strongly 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.001946 | 0.002012 | 0.002200 | 0.002254 | 0.002336 | 0.002706 | 0.002882 |
Change (%) | -13.66% | -10.74% | -2.40% | - | +3.64% | +20.05% | +27.86% |
Change | -0.000308 | -0.000242 | -0.000054 | - | +0.000082 | +0.000452 | +0.000628 |
Level | Major | Minor | Intermediate | - | Minor | Minor | Major |
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 |
---|---|---|---|---|---|---|---|
Standard | 0.001406 | 0.001623 | 0.001928 | 0.002145 | 0.002450 | 0.002667 | 0.002972 |
Camarilla | 0.002091 | 0.002138 | 0.002186 | 0.002234 | 0.002282 | 0.002330 | 0.002378 |
Woodie | 0.001451 | 0.001645 | 0.001973 | 0.002167 | 0.002495 | 0.002689 | 0.003017 |
Fibonacci | 0.001623 | 0.001822 | 0.001945 | 0.002145 | 0.002344 | 0.002467 | 0.002667 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.000994 | 0.001286 | 0.001584 | 0.001876 | 0.002174 | 0.002466 | 0.002764 |
Camarilla | 0.001720 | 0.001774 | 0.001828 | 0.001882 | 0.001936 | 0.001990 | 0.002044 |
Woodie | 0.000997 | 0.001288 | 0.001587 | 0.001878 | 0.002177 | 0.002468 | 0.002767 |
Fibonacci | 0.001286 | 0.001511 | 0.001651 | 0.001876 | 0.002101 | 0.002241 | 0.002466 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.001126 | 0.001363 | 0.001587 | 0.001824 | 0.002048 | 0.002285 | 0.002509 |
Camarilla | 0.001684 | 0.001727 | 0.001769 | 0.001811 | 0.001853 | 0.001896 | 0.001938 |
Woodie | 0.001120 | 0.001360 | 0.001581 | 0.001821 | 0.002042 | 0.002282 | 0.002503 |
Fibonacci | 0.001363 | 0.001539 | 0.001648 | 0.001824 | 0.002000 | 0.002109 | 0.002285 |
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): | 60.87 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | 31.102909 | |
AROON (14): | 49.999999 | |
DEMA (21): | 0.002188 | |
Parabolic SAR (0,02-0,02-0,2): | 0.002156 | |
Elder Ray (13): | 0.000065 | |
Super Trend (3,10): | 0.002046 | |
Zig ZAG (10): | 0.002188 | |
VORTEX (21): | 1.1365 | |
Stochastique (14,3,5): | 64.74 | |
TEMA (21): | 0.002238 | |
Williams %R (14): | -30.72 | |
Chande Momentum Oscillator (20): | 0.000253 | |
Repulse (5,40,3): | 2.0137 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.4862 | |
Courbe Coppock: | 22.76 |
MA7: | 0.001983 | |
MA20: | 0.001836 | |
MA50: | 0.001821 | |
MA100: | 0.002048 | |
MAexp7: | 0.002197 | |
MAexp20: | 0.002092 | |
MAexp50: | 0.002000 | |
MAexp100: | 0.001947 | |
Price / MA7: | +13.67% | |
Price / MA20: | +22.77% | |
Price / MA50: | +23.78% | |
Price / MA100: | +10.06% | |
Price / MAexp7: | +2.59% | |
Price / MAexp20: | +7.74% | |
Price / MAexp50: | +12.70% | |
Price / MAexp100: | +15.77% |
Quotes :
-
Real time data
-
Cryptocompare