Londinia Opportunities Analyses - 12/03/2021 (GMT) TOMOCHAIN (X100) - TOMO/BTC - 1H

TOMOCHAIN (X100) - TOMO/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: TOMOBTC
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
78%
11%
11%
My opinion
Bullish above 0.005676 BTC
My targets
0.005902 BTC (+2.92%)
0.006060 BTC (+5.67%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TOMOCHAIN (X100) - TOMO/BTC as long as the price remains well above 0.005676 BTC. The buyers' bullish objective is set at 0.005902 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.006060 BTC. If there is any crossing, the next objective would be the resistance located at 0.006239 BTC. 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
8.2

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 TOMOCHAIN (X100) - TOMO/BTC price is 0.005735 BTC. The price registered an increase of +7.18% on the session with the lowest point at 0.005310 BTC and the highest point at 0.005805 BTC. The deviation from the price is +8.00% for the low point and -1.21% for the high point.

0.005310
0.005805
0.005735

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



Here is a more detailed summary of the historical variations registered by TOMOCHAIN (X100) - TOMO/BTC:

Technical


Technical analysis of TOMOCHAIN (X100) - TOMO/BTC 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. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.005309 0.005413 0.005676 0.005735 0.006060 0.006239 0.007288
Change (%) -7.43% -5.61% -1.03% - +5.67% +8.79% +27.08%
Change -0.000426 -0.000322 -0.000059 - +0.000325 +0.000504 +0.001553
Level Minor Intermediate Minor - 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
Standard0.0046560.0048060.0050790.0052290.0055020.0056520.005925
Camarilla0.0052350.0052740.0053120.0053510.0053900.0054290.005467
Woodie0.0047170.0048370.0051400.0052600.0055630.0056830.005986
Fibonacci0.0048060.0049680.0050680.0052290.0053910.0054910.005652


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0034470.0042890.0050600.0059020.0066730.0075150.008286
Camarilla0.0053860.0055340.0056820.0058300.0059780.0061260.006274
Woodie0.0034110.0042710.0050240.0058840.0066370.0074970.008250
Fibonacci0.0042890.0049060.0052860.0059020.0065190.0068990.007515


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0006310.0021880.0036310.0051880.0066310.0081880.009631
Camarilla0.0042490.0045240.0047990.0050740.0053490.0056240.005899
Woodie0.0005740.0021600.0035740.0051600.0065740.0081600.009574
Fibonacci0.0021880.0033340.0040420.0051880.0063340.0070420.008188

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): 63.13
MACD (12,26,9): 0.0001
Directional Movement: 18.433574
AROON (14): -78.571426
DEMA (21): 0.005516
Parabolic SAR (0,02-0,02-0,2): 0.005322
Elder Ray (13): 0.000093
Super Trend (3,10): 0.005346
Zig ZAG (10): 0.005596
VORTEX (21): 1.1602
Stochastique (14,3,5): 51.62
TEMA (21): 0.005535
Williams %R (14): -11.90
Chande Momentum Oscillator (20): 0.000041
Repulse (5,40,3): 5.5478
ROCnROLL: 1
TRIX (15,9): 0.2028
Courbe Coppock: 1.34
MA7: 0.005353
MA20: 0.005395
MA50: 0.004604
MA100: 0.004935
MAexp7: 0.005517
MAexp20: 0.005423
MAexp50: 0.005319
MAexp100: 0.005291
Price / MA7: +7.14%
Price / MA20: +6.30%
Price / MA50: +24.57%
Price / MA100: +16.21%
Price / MAexp7: +3.95%
Price / MAexp20: +5.75%
Price / MAexp50: +7.82%
Price / MAexp100: +8.39%

Quotes : - Real time data - Cryptocompare