Londinia Opportunities Analyses - 01/24/2022 (GMT) PICKLE FINANCE - PICKLE/USDT - 1H
Type: | Cryptocurrencies |
Ticker: | PICKLEUSDT |
ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 6.84 USDT
My targets
5.78 USDT (-11.98%)
5.56 USDT (-15.37%)
My analysis
The bearish trend is currently very strong for PICKLE FINANCE - PICKLE/USDT. As long as the price remains below the resistance at 6.84 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 5.78 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 5.56 USDT as an objective. 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 confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The PICKLE FINANCE - PICKLE/USDT price is 6.57 USDT. On the day, this instrument lost -7.85% and was traded between 6.57 USDT and 8.69 USDT over the period. The price is currently at 0% from its lowest and -24.40% from its highest.6.57
8.69
6.57
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of PICKLE FINANCE - PICKLE/USDT in 1H shows a overall strongly bearish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 5.56 | 6.57 | 6.84 | 8.11 | 9.26 |
Change (%) | -15.37% | - | +4.11% | +23.44% | +40.94% |
Change | -1.01 | - | +0.27 | +1.54 | +2.69 |
Level | Minor | - | Minor | 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 |
---|---|---|---|---|---|---|---|
Standard | 4.57 | 5.76 | 6.45 | 7.64 | 8.33 | 9.52 | 10.21 |
Camarilla | 6.61 | 6.79 | 6.96 | 7.13 | 7.30 | 7.48 | 7.65 |
Woodie | 4.31 | 5.64 | 6.19 | 7.52 | 8.07 | 9.40 | 9.95 |
Fibonacci | 5.76 | 6.48 | 6.93 | 7.64 | 8.36 | 8.81 | 9.52 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.13 | 4.57 | 5.78 | 8.22 | 9.43 | 11.87 | 13.08 |
Camarilla | 6.00 | 6.33 | 6.67 | 7.00 | 7.34 | 7.67 | 8.00 |
Woodie | 1.53 | 4.26 | 5.18 | 7.91 | 8.83 | 11.56 | 12.48 |
Fibonacci | 4.57 | 5.96 | 6.82 | 8.22 | 9.61 | 10.47 | 11.87 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -2.27 | 1.45 | 4.15 | 7.87 | 10.57 | 14.29 | 16.99 |
Camarilla | 5.08 | 5.66 | 6.25 | 6.84 | 7.43 | 8.02 | 8.61 |
Woodie | -2.79 | 1.20 | 3.63 | 7.62 | 10.05 | 14.04 | 16.47 |
Fibonacci | 1.45 | 3.91 | 5.42 | 7.87 | 10.33 | 11.84 | 14.29 |
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): | 34.04 | |
MACD (12,26,9): | -0.1300 | |
Directional Movement: | 47.73 | |
AROON (14): | -42.86 | |
DEMA (21): | 6.78 | |
Parabolic SAR (0,02-0,02-0,2): | 8.27 | |
Elder Ray (13): | -0.23 | |
Super Trend (3,10): | 7.41 | |
Zig ZAG (10): | 6.64 | |
VORTEX (21): | 0.9100 | |
Stochastique (14,3,5): | 0.72 | |
TEMA (21): | 6.75 | |
Williams %R (14): | -98.56 | |
Chande Momentum Oscillator (20): | -0.54 | |
Repulse (5,40,3): | -5.6200 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1900 | |
Courbe Coppock: | 7.39 |
MA7: | 7.85 | |
MA20: | 8.36 | |
MA50: | 8.49 | |
MA100: | 9.25 | |
MAexp7: | 6.79 | |
MAexp20: | 6.94 | |
MAexp50: | 7.20 | |
MAexp100: | 7.60 | |
Price / MA7: | -16.31% | |
Price / MA20: | -21.41% | |
Price / MA50: | -22.61% | |
Price / MA100: | -28.97% | |
Price / MAexp7: | -3.24% | |
Price / MAexp20: | -5.33% | |
Price / MAexp50: | -8.75% | |
Price / MAexp100: | -13.55% |
Quotes :
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Real time data
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