Londinia Opportunities Analyses - 01/22/2022 (GMT) CREDITS - CRDTS/USDT - Daily
| Type: | Cryptocurrencies |
| Ticker: | CRDTSUSDT |
| 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
17%
61%
22%
My opinion
Bearish under 0.019702 USDT
My targets
0.016800 USDT (-8.35%)
0.015350 USDT (-16.26%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CREDITS - CRDTS/USDT as long as the price remains well below 0.019702 USDT. The sellers' bearish objective is set at 0.016800 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.015350 USDT. In case of crossing, the next objective would be the support located at 0.008290 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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Additional analysis
Quotes
The CREDITS - CRDTS/USDT price is 0.018330 USDT. The price registered a decrease of -7.14% on the session and was traded between 0.018180 USDT and 0.020090 USDT over the period. The price is currently at +0.83% from its lowest and -8.76% from its highest.0.018180
0.020090
0.018330
Here is a more detailed summary of the historical variations registered by CREDITS - CRDTS/USDT:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on CREDITS - CRDTS/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Journalier chart of CREDITS - CRDTS/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.018330 | 0.019702 | 0.023300 | 0.026757 |
| Change (%) | - | +7.48% | +27.11% | +45.97% |
| Change | - | +0.001372 | +0.004970 | +0.008427 |
| Level | - | Major | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013737 | 0.016553 | 0.018147 | 0.020963 | 0.022557 | 0.025373 | 0.026967 |
| Camarilla | 0.018527 | 0.018932 | 0.019336 | 0.019740 | 0.020144 | 0.020549 | 0.020953 |
| Woodie | 0.013125 | 0.016248 | 0.017535 | 0.020658 | 0.021945 | 0.025068 | 0.026355 |
| Fibonacci | 0.016553 | 0.018238 | 0.019279 | 0.020963 | 0.022648 | 0.023689 | 0.025373 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013930 | 0.016800 | 0.021360 | 0.024230 | 0.028790 | 0.031660 | 0.036220 |
| Camarilla | 0.023877 | 0.024558 | 0.025239 | 0.025920 | 0.026601 | 0.027282 | 0.027963 |
| Woodie | 0.014775 | 0.017223 | 0.022205 | 0.024653 | 0.029635 | 0.032083 | 0.037065 |
| Fibonacci | 0.016800 | 0.019638 | 0.021392 | 0.024230 | 0.027068 | 0.028822 | 0.031660 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008290 | 0.015350 | 0.019460 | 0.026520 | 0.030630 | 0.037690 | 0.041800 |
| Camarilla | 0.020498 | 0.021522 | 0.022546 | 0.023570 | 0.024594 | 0.025618 | 0.026642 |
| Woodie | 0.006815 | 0.014613 | 0.017985 | 0.025783 | 0.029155 | 0.036953 | 0.040325 |
| Fibonacci | 0.015350 | 0.019617 | 0.022253 | 0.026520 | 0.030787 | 0.033423 | 0.037690 |
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): | 31.95 | |
| MACD (12,26,9): | -0.0010 | |
| Directional Movement: | -6.162573 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.021838 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.026945 | |
| Elder Ray (13): | -0.003467 | |
| Super Trend (3,10): | 0.026940 | |
| Zig ZAG (10): | 0.018530 | |
| VORTEX (21): | 0.9444 | |
| Stochastique (14,3,5): | 20.12 | |
| TEMA (21): | 0.022262 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.001920 | |
| Repulse (5,40,3): | -30.8207 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4646 | |
| Courbe Coppock: | 5.54 |
| MA7: | 0.022883 | |
| MA20: | 0.022997 | |
| MA50: | 0.026027 | |
| MA100: | 0.031624 | |
| MAexp7: | 0.021919 | |
| MAexp20: | 0.023260 | |
| MAexp50: | 0.025931 | |
| MAexp100: | 0.029387 | |
| Price / MA7: | -19.90% | |
| Price / MA20: | -20.29% | |
| Price / MA50: | -29.57% | |
| Price / MA100: | -42.04% | |
| Price / MAexp7: | -16.37% | |
| Price / MAexp20: | -21.20% | |
| Price / MAexp50: | -29.31% | |
| Price / MAexp100: | -37.63% |
Quotes :
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Real time data
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Cryptocompare