Londinia Opportunities Analyses - 01/22/2022 (GMT) USD COIN (X100) - USDC/BTC - 1H
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.002654 BTC
My targets
0.002920 BTC (+5.42%)
0.003352 BTC (+21.01%)
My analysis
The bullish trend is currently very strong on USD COIN (X100) - USDC/BTC. As long as the price remains above the support at 0.002654 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.002920 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.003352 BTC as an objective. Crossing it would then enable buyers to target 0.009745 BTC. 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, 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
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Additional analysis
Quotes
USD COIN (X100) - USDC/BTC rating 0.002770 BTC. The price registered an increase of +1.02% on the session with the lowest point at 0.002721 BTC and the highest point at 0.002770 BTC. The deviation from the price is +1.80% for the low point and 0% for the high point.0.002721
0.002770
0.002770
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of USD COIN (X100) - USDC/BTC indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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, 13 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.002454 | 0.002620 | 0.002654 | 0.002770 | 0.002920 | 0.003352 | 0.009745 |
| Change (%) | -11.41% | -5.42% | -4.19% | - | +5.42% | +21.01% | +251.81% |
| Change | -0.000316 | -0.000150 | -0.000116 | - | +0.000150 | +0.000582 | +0.006975 |
| Level | Major | Minor | Minor | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002135 | 0.002285 | 0.002513 | 0.002663 | 0.002891 | 0.003041 | 0.003269 |
| Camarilla | 0.002638 | 0.002673 | 0.002707 | 0.002742 | 0.002777 | 0.002811 | 0.002846 |
| Woodie | 0.002175 | 0.002305 | 0.002553 | 0.002683 | 0.002931 | 0.003061 | 0.003309 |
| Fibonacci | 0.002285 | 0.002429 | 0.002518 | 0.002663 | 0.002807 | 0.002896 | 0.003041 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001932 | 0.002090 | 0.002201 | 0.002359 | 0.002470 | 0.002628 | 0.002739 |
| Camarilla | 0.002237 | 0.002262 | 0.002286 | 0.002311 | 0.002336 | 0.002360 | 0.002385 |
| Woodie | 0.001908 | 0.002078 | 0.002177 | 0.002347 | 0.002446 | 0.002616 | 0.002715 |
| Fibonacci | 0.002090 | 0.002193 | 0.002257 | 0.002359 | 0.002462 | 0.002526 | 0.002628 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001597 | 0.001726 | 0.001947 | 0.002076 | 0.002297 | 0.002426 | 0.002647 |
| Camarilla | 0.002072 | 0.002104 | 0.002136 | 0.002168 | 0.002200 | 0.002232 | 0.002264 |
| Woodie | 0.001643 | 0.001749 | 0.001993 | 0.002099 | 0.002343 | 0.002449 | 0.002693 |
| Fibonacci | 0.001726 | 0.001860 | 0.001942 | 0.002076 | 0.002210 | 0.002292 | 0.002426 |
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): | 68.19 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 33.333624 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.002749 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.002648 | |
| Elder Ray (13): | 0.000034 | |
| Super Trend (3,10): | 0.002612 | |
| Zig ZAG (10): | 0.002732 | |
| VORTEX (21): | 1.1545 | |
| Stochastique (14,3,5): | 69.89 | |
| TEMA (21): | 0.002766 | |
| Williams %R (14): | -32.26 | |
| Chande Momentum Oscillator (20): | 0.000150 | |
| Repulse (5,40,3): | -0.0114 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3621 | |
| Courbe Coppock: | 10.94 |
| MA7: | 0.002481 | |
| MA20: | 0.002375 | |
| MA50: | 0.002188 | |
| MA100: | 0.001919 | |
| MAexp7: | 0.002726 | |
| MAexp20: | 0.002663 | |
| MAexp50: | 0.002562 | |
| MAexp100: | 0.002486 | |
| Price / MA7: | +11.65% | |
| Price / MA20: | +16.63% | |
| Price / MA50: | +26.60% | |
| Price / MA100: | +44.35% | |
| Price / MAexp7: | +1.61% | |
| Price / MAexp20: | +4.02% | |
| Price / MAexp50: | +8.12% | |
| Price / MAexp100: | +11.42% |
Quotes :
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Real time data
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