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

DODO - DODO/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: DODOUSDT
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
72%
11%
17%
My opinion
Bullish above 1.58 USDT
My targets
1.62 USDT (+1.25%)
1.65 USDT (+3.13%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DODO - DODO/USDT as long as the price remains well above 1.58 USDT. The buyers' bullish objective is set at 1.62 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.65 USDT. If there is any crossing, the next objective would be the resistance located at 2.13 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

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 DODO - DODO/USDT rating is 1.60 USDT. On the day, this instrument gained +3.90% and was between 1.47 USDT and 1.62 USDT. This implies that the price is at +8.84% from its lowest and at -1.23% from its highest.

1.47
1.62
1.60

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this DODO - DODO/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 detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative 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. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

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 1.49 1.54 1.58 1.60 1.62 1.65 2.13
Change (%) -6.88% -3.75% -1.25% - +1.25% +3.13% +33.13%
Change -0.11 -0.06 -0.02 - +0.02 +0.05 +0.53
Level Minor Major Minor - Minor Major 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
Standard1.301.381.461.541.621.701.78
Camarilla1.501.511.531.541.561.571.58
Woodie1.301.381.461.541.621.701.78
Fibonacci1.381.441.481.541.601.641.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.240.771.121.652.002.532.88
Camarilla1.221.301.381.461.541.621.70
Woodie0.140.731.021.611.902.492.78
Fibonacci0.771.111.321.651.992.202.53


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.080.621.311.852.543.083.77
Camarilla1.671.791.902.012.122.242.35
Woodie0.170.661.401.892.633.123.86
Fibonacci0.621.091.381.852.322.613.08

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): 65.50
MACD (12,26,9): 0.0200
Directional Movement: 11.59
AROON (14): 21.42
DEMA (21): 1.57
Parabolic SAR (0,02-0,02-0,2): 1.48
Elder Ray (13): 0.05
Super Trend (3,10): 1.49
Zig ZAG (10): 1.59
VORTEX (21): 1.0800
Stochastique (14,3,5): 83.22
TEMA (21): 1.57
Williams %R (14): -28.97
Chande Momentum Oscillator (20): 0.06
Repulse (5,40,3): 0.1700
ROCnROLL: 1
TRIX (15,9): 0.1400
Courbe Coppock: 4.13
MA7: 1.49
MA20: 1.74
MA50: 1.70
MA100: 1.38
MAexp7: 1.57
MAexp20: 1.54
MAexp50: 1.51
MAexp100: 1.50
Price / MA7: +7.38%
Price / MA20: -8.05%
Price / MA50: -5.88%
Price / MA100: +15.94%
Price / MAexp7: +1.91%
Price / MAexp20: +3.90%
Price / MAexp50: +5.96%
Price / MAexp100: +6.67%

Quotes : - Real time data - Cryptocompare