Londinia Opportunities Analyses - 01/21/2022 (GMT) CALLISTO NETWORK - CLO/USDT - Daily

CALLISTO NETWORK - CLO/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: CLOUSDT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.005466 USDT
My targets
0.004531 USDT (-12.37%)
0.004256 USDT (-17.69%)
My analysis
The bearish trend is currently very strong for CALLISTO NETWORK - CLO/USDT. As long as the price remains below the resistance at 0.005466 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.004531 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.004256 USDT as an objective. Crossing it would then enable sellers to target 0.001439 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4

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Additional analysis

Quotes

The CALLISTO NETWORK - CLO/USDT rating is 0.005171 USDT. On the day, this instrument gained +0.00% and was traded between 0.004105 USDT and 0.005500 USDT over the period. The price is currently at +25.97% from its lowest and -5.98% from its highest.

0.004105
0.005500
0.005171

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



Here is a more detailed summary of the historical variations registered by CALLISTO NETWORK - CLO/USDT:

Technical


Technical analysis of CALLISTO NETWORK - CLO/USDT in Journalier shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.001439 0.004256 0.005171 0.006565 0.008439 0.010530
Change (%) -72.17% -17.69% - +26.96% +63.20% +103.64%
Change -0.003732 -0.000915 - +0.001394 +0.003268 +0.005359
Level Minor Major - Major Minor Intermediate



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
Standard0.0040720.0046220.0048960.0054460.0057200.0062700.006544
Camarilla0.0049440.0050200.0050960.0051710.0052470.0053220.005398
Woodie0.0039350.0045530.0047590.0053770.0055830.0062010.006407
Fibonacci0.0046220.0049360.0051310.0054460.0057600.0059550.006270


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0019780.0029130.0045310.0054660.0070840.0080190.009637
Camarilla0.0054480.0056820.0059160.0061500.0063840.0066180.006852
Woodie0.0023210.0030840.0048740.0056370.0074270.0081900.009980
Fibonacci0.0029130.0038880.0044900.0054660.0064410.0070430.008019


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0003940.0023040.0042560.0069540.0089060.0116040.013556
Camarilla0.0049290.0053560.0057820.0062080.0066340.0070610.007487
Woodie-0.0007670.0021180.0038830.0067680.0085330.0114180.013183
Fibonacci0.0023040.0040800.0051780.0069540.0087300.0098280.011604

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 42.67
MACD (12,26,9): -0.0003
Directional Movement: -5.513093
AROON (14): 57.142857
DEMA (21): 0.005224
Parabolic SAR (0,02-0,02-0,2): 0.006064
Elder Ray (13): -0.000681
Super Trend (3,10): 0.008603
Zig ZAG (10): 0.005171
VORTEX (21): 0.9346
Stochastique (14,3,5): 52.54
TEMA (21): 0.005355
Williams %R (14): -48.14
Chande Momentum Oscillator (20): -0.000016
Repulse (5,40,3): 4.7351
ROCnROLL: 2
TRIX (15,9): -0.6152
Courbe Coppock: 9.43
MA7: 0.005473
MA20: 0.005582
MA50: 0.006101
MA100: 0.008414
MAexp7: 0.005364
MAexp20: 0.005595
MAexp50: 0.006365
MAexp100: 0.007364
Price / MA7: -5.52%
Price / MA20: -7.36%
Price / MA50: -15.24%
Price / MA100: -38.54%
Price / MAexp7: -3.60%
Price / MAexp20: -7.58%
Price / MAexp50: -18.76%
Price / MAexp100: -29.78%

Quotes : - Real time data - Cryptocompare