Londinia Opportunities Analyses - 09/16/2021 (GMT) ELECTRONEUM (X10000) - ETN/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | ETNETH |
| 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%
6%
28%
My opinion
Bullish above 0.069850 ETH
My targets
0.073900 ETH (+2.92%)
0.080400 ETH (+11.98%)
My analysis
The bullish trend is currently very strong on ELECTRONEUM (X10000) - ETN/ETH. As long as the price remains above the support at 0.069850 ETH, you could try to benefit from the boom. The first bullish objective is located at 0.073900 ETH. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.080400 ETH as an objective. Crossing it would then enable buyers to target 0.102100 ETH. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The ELECTRONEUM (X10000) - ETN/ETH price is 0.071800 ETH. The price has increased by +3.91% since the last closing and was between 0.068300 ETH and 0.073400 ETH. This implies that the price is at +5.12% from its lowest and at -2.18% from its highest.0.068300
0.073400
0.071800
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ELECTRONEUM (X10000) - ETN/ETH in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.056678 | 0.066000 | 0.069850 | 0.071800 | 0.073900 | 0.102100 | 0.131300 |
| Change (%) | -21.06% | -8.08% | -2.72% | - | +2.92% | +42.20% | +82.87% |
| Change | -0.015122 | -0.005800 | -0.001950 | - | +0.002100 | +0.030300 | +0.059500 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.057533 | 0.061767 | 0.065433 | 0.069667 | 0.073333 | 0.077567 | 0.081233 |
| Camarilla | 0.066928 | 0.067652 | 0.068376 | 0.069100 | 0.069824 | 0.070548 | 0.071273 |
| Woodie | 0.057250 | 0.061625 | 0.065150 | 0.069525 | 0.073050 | 0.077425 | 0.080950 |
| Fibonacci | 0.061767 | 0.064785 | 0.066649 | 0.069667 | 0.072685 | 0.074549 | 0.077567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.020100 | 0.028000 | 0.040200 | 0.048100 | 0.060300 | 0.068200 | 0.080400 |
| Camarilla | 0.046873 | 0.048715 | 0.050558 | 0.052400 | 0.054243 | 0.056085 | 0.057928 |
| Woodie | 0.022250 | 0.029075 | 0.042350 | 0.049175 | 0.062450 | 0.069275 | 0.082550 |
| Fibonacci | 0.028000 | 0.035678 | 0.040422 | 0.048100 | 0.055778 | 0.060522 | 0.068200 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.003233 | 0.013833 | 0.026367 | 0.043433 | 0.055967 | 0.073033 | 0.085567 |
| Camarilla | 0.030760 | 0.033473 | 0.036187 | 0.038900 | 0.041613 | 0.044327 | 0.047040 |
| Woodie | -0.005500 | 0.012700 | 0.024100 | 0.042300 | 0.053700 | 0.071900 | 0.083300 |
| Fibonacci | 0.013833 | 0.025141 | 0.032126 | 0.043433 | 0.054741 | 0.061726 | 0.073033 |
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): | 56.97 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 8.790588 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.071063 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.067150 | |
| Elder Ray (13): | 0.001229 | |
| Super Trend (3,10): | 0.067402 | |
| Zig ZAG (10): | 0.072500 | |
| VORTEX (21): | 0.9667 | |
| Stochastique (14,3,5): | 81.22 | |
| TEMA (21): | 0.071409 | |
| Williams %R (14): | -11.27 | |
| Chande Momentum Oscillator (20): | 0.004200 | |
| Repulse (5,40,3): | 3.9254 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1224 | |
| Courbe Coppock: | 0.33 |
| MA7: | 0.059400 | |
| MA20: | 0.045540 | |
| MA50: | 0.045890 | |
| MA100: | 0.039747 | |
| MAexp7: | 0.071307 | |
| MAexp20: | 0.070028 | |
| MAexp50: | 0.067802 | |
| MAexp100: | 0.063021 | |
| Price / MA7: | +20.88% | |
| Price / MA20: | +57.66% | |
| Price / MA50: | +56.46% | |
| Price / MA100: | +80.64% | |
| Price / MAexp7: | +0.69% | |
| Price / MAexp20: | +2.53% | |
| Price / MAexp50: | +5.90% | |
| Price / MAexp100: | +13.93% |
Quotes :
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Real time data
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Cryptocompare