Londinia Opportunities Analyses - 01/22/2022 (GMT) AERGO (X10000) - AERGO/BTC - 1H

AERGO (X10000) - AERGO/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: AERGOBTC
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.045510 BTC
My targets
0.041533 BTC (-5.18%)
0.040433 BTC (-7.69%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AERGO (X10000) - AERGO/BTC as long as the price remains well below 0.045510 BTC. The sellers' bearish objective is set at 0.041533 BTC. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.040433 BTC. In case of crossing, the next objective would be the support located at 0.025050 BTC. 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
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

AERGO (X10000) - AERGO/BTC rating 0.043800 BTC. On the day, this instrument lost -10.06% and was between 0.042600 BTC and 0.049400 BTC. This implies that the price is at +2.82% from its lowest and at -11.34% from its highest.

0.042600
0.049400
0.043800

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AERGO (X10000) - AERGO/BTC:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AERGO (X10000) - AERGO/BTC indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bullish harami cross

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.011800 0.025050 0.040433 0.043800 0.045510 0.048700 0.049300
Change (%) -73.06% -42.81% -7.69% - +3.90% +11.19% +12.56%
Change -0.032000 -0.018750 -0.003367 - +0.001710 +0.004900 +0.005500
Level Minor Intermediate Minor - Intermediate Major Minor



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
Standard0.0430330.0455670.0471330.0496670.0512330.0537670.055333
Camarilla0.0475730.0479480.0483240.0487000.0490760.0494520.049828
Woodie0.0425500.0453250.0466500.0494250.0507500.0535250.054850
Fibonacci0.0455670.0471330.0481010.0496670.0512330.0522010.053767


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0415330.0468670.0508330.0561670.0601330.0654670.069433
Camarilla0.0522430.0530950.0539480.0548000.0556530.0565050.057358
Woodie0.0408500.0465250.0501500.0558250.0594500.0651250.068750
Fibonacci0.0468670.0504190.0526140.0561670.0597190.0619140.065467


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0148000.0309000.0411000.0572000.0674000.0835000.093700
Camarilla0.0440680.0464780.0488890.0513000.0537110.0561220.058533
Woodie0.0118500.0294250.0381500.0557250.0644500.0820250.090750
Fibonacci0.0309000.0409470.0471530.0572000.0672470.0734530.083500

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): 16.17
MACD (12,26,9): -0.0016
Directional Movement: -46.562754
AROON (14): -92.857143
DEMA (21): 0.044976
Parabolic SAR (0,02-0,02-0,2): 0.045800
Elder Ray (13): -0.002623
Super Trend (3,10): 0.046021
Zig ZAG (10): 0.043400
VORTEX (21): 0.6036
Stochastique (14,3,5): 7.98
TEMA (21): 0.044119
Williams %R (14): -88.24
Chande Momentum Oscillator (20): -0.005200
Repulse (5,40,3): -3.8223
ROCnROLL: 2
TRIX (15,9): -0.3378
Courbe Coppock: 16.84
MA7: 0.051071
MA20: 0.053420
MA50: 0.053654
MA100: 0.054550
MAexp7: 0.044895
MAexp20: 0.047281
MAexp50: 0.049165
MAexp100: 0.050501
Price / MA7: -14.24%
Price / MA20: -18.01%
Price / MA50: -18.37%
Price / MA100: -19.71%
Price / MAexp7: -2.44%
Price / MAexp20: -7.36%
Price / MAexp50: -10.91%
Price / MAexp100: -13.27%

Quotes : - Real time data - Cryptocompare