Londinia Opportunities Analyses - 09/16/2021 (GMT) BURGER SWAP - BURGER/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | BURGERUSDT |
| 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 4.16 USDT
My targets
4.28 USDT (+1.42%)
4.46 USDT (+5.69%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BURGER SWAP - BURGER/USDT as long as the price remains well above 4.16 USDT. The buyers' bullish objective is set at 4.28 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.46 USDT. If there is any crossing, the next objective would be the resistance located at 4.55 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
BURGER SWAP - BURGER/USDT rating 4.22 USDT. The price registered an increase of +0.48% on the session with the lowest point at 4.17 USDT and the highest point at 4.25 USDT. The deviation from the price is +1.20% for the low point and -0.71% for the high point.4.17
4.25
4.22
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BURGER SWAP - BURGER/USDT in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.95 | 4.09 | 4.16 | 4.22 | 4.28 | 4.46 | 4.55 |
| Change (%) | -6.40% | -3.08% | -1.42% | - | +1.42% | +5.69% | +7.82% |
| Change | -0.27 | -0.13 | -0.06 | - | +0.06 | +0.24 | +0.33 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.93 | 3.99 | 4.10 | 4.16 | 4.27 | 4.33 | 4.44 |
| Camarilla | 4.15 | 4.17 | 4.18 | 4.20 | 4.22 | 4.23 | 4.25 |
| Woodie | 3.95 | 4.00 | 4.12 | 4.17 | 4.29 | 4.34 | 4.46 |
| Fibonacci | 3.99 | 4.06 | 4.10 | 4.16 | 4.23 | 4.27 | 4.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.74 | 2.79 | 3.45 | 4.50 | 5.16 | 6.21 | 6.87 |
| Camarilla | 3.65 | 3.81 | 3.96 | 4.12 | 4.28 | 4.43 | 4.59 |
| Woodie | 1.56 | 2.69 | 3.27 | 4.40 | 4.98 | 6.11 | 6.69 |
| Fibonacci | 2.79 | 3.44 | 3.84 | 4.50 | 5.15 | 5.55 | 6.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.11 | 2.46 | 3.75 | 5.10 | 6.39 | 7.74 | 9.03 |
| Camarilla | 4.30 | 4.55 | 4.79 | 5.03 | 5.27 | 5.51 | 5.76 |
| Woodie | 1.07 | 2.45 | 3.71 | 5.09 | 6.35 | 7.73 | 8.99 |
| Fibonacci | 2.46 | 3.47 | 4.10 | 5.10 | 6.11 | 6.74 | 7.74 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.36 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 7.01 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 4.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.13 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 4.08 | |
| Zig ZAG (10): | 4.21 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 70.35 | |
| TEMA (21): | 4.21 | |
| Williams %R (14): | -26.55 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 1.67 |
| MA7: | 4.11 | |
| MA20: | 4.74 | |
| MA50: | 4.96 | |
| MA100: | 4.55 | |
| MAexp7: | 4.20 | |
| MAexp20: | 4.17 | |
| MAexp50: | 4.12 | |
| MAexp100: | 4.13 | |
| Price / MA7: | +2.68% | |
| Price / MA20: | -10.97% | |
| Price / MA50: | -14.92% | |
| Price / MA100: | -7.25% | |
| Price / MAexp7: | +0.48% | |
| Price / MAexp20: | +1.20% | |
| Price / MAexp50: | +2.43% | |
| Price / MAexp100: | +2.18% |
Quotes :
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Real time data
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Cryptocompare