Londinia Opportunities Analyses - 12/03/2021 (GMT) FIO PROTOCOL - FIO/USDT - 1H

FIO PROTOCOL - FIO/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: FIOUSDT
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
94%
0%
6%
My opinion
Bullish above 0.217900 USDT
My targets
0.227300 USDT (+2.34%)
0.240120 USDT (+8.11%)
My analysis
The bullish trend is currently very strong on FIO PROTOCOL - FIO/USDT. As long as the price remains above the support at 0.217900 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.227300 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.240120 USDT as an objective. Crossing it would then enable buyers to target 0.261000 USDT. 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.

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
9.1

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

FIO PROTOCOL - FIO/USDT rating 0.222100 USDT. The price has increased by +12.91% since the last closing with the lowest point at 0.192800 USDT and the highest point at 0.234300 USDT. The deviation from the price is +15.20% for the low point and -5.21% for the high point.

0.192800
0.234300
0.222100

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

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:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of FIO PROTOCOL - FIO/USDT indicates that the overall trend is strongly bullish. 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 17 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.195909 0.206540 0.217900 0.222100 0.227300 0.240120 0.261000
Change (%) -11.79% -7.01% -1.89% - +2.34% +8.11% +17.51%
Change -0.026191 -0.015560 -0.004200 - +0.005200 +0.018020 +0.038900
Level Major Minor 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
Standard0.1692000.1747000.1857000.1912000.2022000.2077000.218700
Camarilla0.1921630.1936750.1951880.1967000.1982130.1997250.201238
Woodie0.1719500.1760750.1884500.1925750.2049500.2090750.221450
Fibonacci0.1747000.1810030.1848970.1912000.1975030.2013970.207700


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1068670.1418330.1699670.2049330.2330670.2680330.296167
Camarilla0.1807480.1865320.1923160.1981000.2038840.2096680.215453
Woodie0.1034500.1401250.1665500.2032250.2296500.2663250.292750
Fibonacci0.1418330.1659380.1808290.2049330.2290380.2439290.268033


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0646670.1101330.1489670.1944330.2332670.2787330.317567
Camarilla0.1646180.1723450.1800730.1878000.1955280.2032550.210983
Woodie0.0613500.1084750.1456500.1927750.2299500.2770750.314250
Fibonacci0.1101330.1423360.1622310.1944330.2266360.2465310.278733

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): 68.88
MACD (12,26,9): 0.0062
Directional Movement: 38.477390
AROON (14): 78.571426
DEMA (21): 0.215101
Parabolic SAR (0,02-0,02-0,2): 0.195129
Elder Ray (13): 0.010625
Super Trend (3,10): 0.195828
Zig ZAG (10): 0.226300
VORTEX (21): 1.0920
Stochastique (14,3,5): 65.56
TEMA (21): 0.219106
Williams %R (14): -14.14
Chande Momentum Oscillator (20): 0.022400
Repulse (5,40,3): 3.0479
ROCnROLL: 1
TRIX (15,9): 0.4118
Courbe Coppock: 15.95
MA7: 0.198457
MA20: 0.188005
MA50: 0.187116
MA100: 0.192119
MAexp7: 0.214478
MAexp20: 0.205312
MAexp50: 0.198029
MAexp100: 0.194776
Price / MA7: +11.91%
Price / MA20: +18.14%
Price / MA50: +18.70%
Price / MA100: +15.61%
Price / MAexp7: +3.55%
Price / MAexp20: +8.18%
Price / MAexp50: +12.16%
Price / MAexp100: +14.03%

Quotes : - Real time data - Cryptocompare