Londinia Opportunities Analyses - 09/16/2021 (GMT) DIGIBYTE - DGB/USDT - 1H

DIGIBYTE - DGB/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: DGBUSDT
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
78%
6%
17%
My opinion
Bullish above 0.059795 USDT
My targets
0.060910 USDT (+1.21%)
0.062240 USDT (+3.42%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DIGIBYTE - DGB/USDT as long as the price remains well above 0.059795 USDT. The buyers' bullish objective is set at 0.060910 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.062240 USDT. If there is any crossing, the next objective would be the resistance located at 0.063380 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The DIGIBYTE - DGB/USDT rating is 0.060180 USDT. On the day, this instrument gained +1.83% and was traded between 0.057800 USDT and 0.061190 USDT over the period. The price is currently at +4.12% from its lowest and -1.65% from its highest.

0.057800
0.061190
0.060180

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this DIGIBYTE - DGB/USDT 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, 14 technical indicators out of 18 analysed are currently 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 detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Support of triangle is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.056580 0.058651 0.059795 0.060180 0.060910 0.062240 0.063380
Change (%) -5.98% -2.54% -0.64% - +1.21% +3.42% +5.32%
Change -0.003600 -0.001529 -0.000385 - +0.000730 +0.002060 +0.003200
Level Minor Intermediate Minor - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0547930.0557270.0574130.0583470.0600330.0609670.062653
Camarilla0.0583800.0586200.0588600.0591000.0593400.0595800.059821
Woodie0.0551700.0559150.0577900.0585350.0604100.0611550.063030
Fibonacci0.0557270.0567280.0573460.0583470.0593480.0599660.060967


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0216770.0374130.0477370.0634730.0737970.0895330.099857
Camarilla0.0508940.0532820.0556710.0580600.0604490.0628380.065227
Woodie0.0189700.0360600.0450300.0621200.0710900.0881800.097150
Fibonacci0.0374130.0473680.0535180.0634730.0734280.0795780.089533


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0161970.0309530.0481770.0629330.0801570.0949130.112137
Camarilla0.0566060.0595370.0624690.0654000.0683320.0712630.074195
Woodie0.0174300.0315700.0494100.0635500.0813900.0955300.113370
Fibonacci0.0309530.0431700.0507170.0629330.0751500.0826970.094913

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): 65.49
MACD (12,26,9): 0.0006
Directional Movement: 11.703621
AROON (14): 28.571427
DEMA (21): 0.059902
Parabolic SAR (0,02-0,02-0,2): 0.058022
Elder Ray (13): 0.001321
Super Trend (3,10): 0.057986
Zig ZAG (10): 0.060380
VORTEX (21): 1.1262
Stochastique (14,3,5): 83.11
TEMA (21): 0.060020
Williams %R (14): -28.02
Chande Momentum Oscillator (20): 0.001950
Repulse (5,40,3): 0.7465
ROCnROLL: 1
TRIX (15,9): 0.1241
Courbe Coppock: 3.49
MA7: 0.057999
MA20: 0.063289
MA50: 0.061700
MA100: 0.053282
MAexp7: 0.059746
MAexp20: 0.059124
MAexp50: 0.058244
MAexp100: 0.058099
Price / MA7: +3.76%
Price / MA20: -4.91%
Price / MA50: -2.46%
Price / MA100: +12.95%
Price / MAexp7: +0.73%
Price / MAexp20: +1.79%
Price / MAexp50: +3.32%
Price / MAexp100: +3.58%

Quotes : - Real time data - Cryptocompare