Londinia Opportunities Analyses - 01/24/2022 (GMT) EN-TAN-MO - ETM/USDT - 1H

EN-TAN-MO - ETM/USDT
Type: Cryptocurrencies
Ticker: ETMUSDT
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 bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.039100 USDT
My targets
0.047673 USDT (+14.21%)
0.049000 USDT (+17.39%)
My analysis
The bullish trend is currently very strong on EN-TAN-MO - ETM/USDT. As long as the price remains above the support at 0.039100 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.047673 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.049000 USDT as an objective. Crossing it would then enable buyers to target 0.058300 USDT. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6

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Additional analysis

Quotes

EN-TAN-MO - ETM/USDT rating 0.041740 USDT. The price registered an increase of +34.65% on the session with the lowest point at 0.030320 USDT and the highest point at 0.042800 USDT. The deviation from the price is +37.66% for the low point and -2.48% for the high point.

0.030320
0.042800
0.041740

A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this EN-TAN-MO - ETM/USDT chart shows a strongly bullish trend. 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 market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.029545 0.035900 0.039100 0.041740 0.049000 0.058300 0.114000
Change (%) -29.22% -13.99% -6.32% - +17.39% +39.67% +173.12%
Change -0.012195 -0.005840 -0.002640 - +0.007260 +0.016560 +0.072260
Level Minor Major Intermediate - Minor Major Major



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
Standard0.0104170.0201330.0255670.0352830.0407170.0504330.055867
Camarilla0.0268340.0282230.0296110.0310000.0323890.0337780.035166
Woodie0.0082750.0190630.0234250.0342130.0385750.0493630.053725
Fibonacci0.0201330.0259210.0294960.0352830.0410710.0446460.050433


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0071070.0066970.0202830.0340870.0476730.0614770.075063
Camarilla0.0263380.0288490.0313590.0338700.0363810.0388920.041402
Woodie-0.0072150.0066430.0201750.0340330.0475650.0614230.074955
Fibonacci0.0066970.0171600.0236240.0340870.0445500.0510140.061477


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.315160-0.147480-0.0626600.1050200.1898400.3575200.442340
Camarilla-0.047278-0.024132-0.0009860.0221600.0453060.0684520.091598
Woodie-0.356590-0.168195-0.1040900.0843050.1484100.3368050.400910
Fibonacci-0.147480-0.0510250.0085650.1050200.2014750.2610650.357520

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): 59.45
MACD (12,26,9): 0.0014
Directional Movement: 15.454058
AROON (14): 35.714286
DEMA (21): 0.039788
Parabolic SAR (0,02-0,02-0,2): 0.036420
Elder Ray (13): 0.001883
Super Trend (3,10): 0.033824
Zig ZAG (10): 0.041110
VORTEX (21): 1.1420
Stochastique (14,3,5): 80.80
TEMA (21): 0.040848
Williams %R (14): -16.92
Chande Momentum Oscillator (20): 0.003860
Repulse (5,40,3): 0.8028
ROCnROLL: 1
TRIX (15,9): 0.3394
Courbe Coppock: 40.55
MA7: 0.029431
MA20: 0.025990
MA50: 0.028266
MA100: 0.025418
MAexp7: 0.040044
MAexp20: 0.038249
MAexp50: 0.036479
MAexp100: 0.034171
Price / MA7: +41.82%
Price / MA20: +60.60%
Price / MA50: +47.67%
Price / MA100: +64.21%
Price / MAexp7: +4.24%
Price / MAexp20: +9.13%
Price / MAexp50: +14.42%
Price / MAexp100: +22.15%

Quotes : - Real time data - Cryptocompare