Londinia Opportunities Analyses - 09/16/2021 (GMT) MIRROR PROTOCOL - MIR/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | MIRUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 3.72 USDT
My targets
3.85 USDT (+2.12%)
4.12 USDT (+9.28%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MIRROR PROTOCOL - MIR/USDT as long as the price remains well above 3.72 USDT. The buyers' bullish objective is set at 3.85 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.12 USDT. If there is any crossing, the next objective would be the resistance located at 4.24 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
7.3
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The MIRROR PROTOCOL - MIR/USDT price is 3.77 USDT. The price has increased by +0.80% since the last closing and was between 3.70 USDT and 3.79 USDT. This implies that the price is at +1.89% from its lowest and at -0.53% from its highest.3.70
3.79
3.77
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MIRROR PROTOCOL - MIR/USDT:
Technical
A technical analysis in 1H of this MIRROR PROTOCOL - MIR/USDT chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.42 | 3.55 | 3.72 | 3.77 | 3.85 | 4.12 | 4.24 |
| Change (%) | -9.28% | -5.84% | -1.33% | - | +2.12% | +9.28% | +12.47% |
| Change | -0.35 | -0.22 | -0.05 | - | +0.08 | +0.35 | +0.47 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.41 | 3.52 | 3.63 | 3.74 | 3.85 | 3.96 | 4.07 |
| Camarilla | 3.68 | 3.70 | 3.72 | 3.74 | 3.76 | 3.78 | 3.80 |
| Woodie | 3.41 | 3.52 | 3.63 | 3.74 | 3.85 | 3.96 | 4.07 |
| Fibonacci | 3.52 | 3.60 | 3.66 | 3.74 | 3.82 | 3.88 | 3.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.27 | 2.83 | 3.24 | 3.80 | 4.21 | 4.77 | 5.18 |
| Camarilla | 3.38 | 3.47 | 3.56 | 3.65 | 3.74 | 3.83 | 3.92 |
| Woodie | 2.20 | 2.79 | 3.17 | 3.76 | 4.14 | 4.73 | 5.11 |
| Fibonacci | 2.83 | 3.20 | 3.43 | 3.80 | 4.17 | 4.40 | 4.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.87 | 1.87 | 2.91 | 3.91 | 4.95 | 5.95 | 6.99 |
| Camarilla | 3.39 | 3.58 | 3.76 | 3.95 | 4.14 | 4.32 | 4.51 |
| Woodie | 0.89 | 1.88 | 2.93 | 3.92 | 4.97 | 5.96 | 7.01 |
| Fibonacci | 1.87 | 2.65 | 3.13 | 3.91 | 4.69 | 5.17 | 5.95 |
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): | 55.64 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | -2.40 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 3.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.79 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 3.66 | |
| Zig ZAG (10): | 3.77 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 53.12 | |
| TEMA (21): | 3.75 | |
| Williams %R (14): | -22.92 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 0.8800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.83 |
| MA7: | 3.70 | |
| MA20: | 3.87 | |
| MA50: | 3.74 | |
| MA100: | 3.73 | |
| MAexp7: | 3.75 | |
| MAexp20: | 3.74 | |
| MAexp50: | 3.69 | |
| MAexp100: | 3.67 | |
| Price / MA7: | +1.89% | |
| Price / MA20: | -2.58% | |
| Price / MA50: | +0.80% | |
| Price / MA100: | +1.07% | |
| Price / MAexp7: | +0.53% | |
| Price / MAexp20: | +0.80% | |
| Price / MAexp50: | +2.17% | |
| Price / MAexp100: | +2.72% |
Quotes :
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Real time data
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