Londinia Opportunities Analyses - 01/26/2022 (GMT) MONERO CLASSIC - XMC/USDT - 1H

MONERO CLASSIC - XMC/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: XMCUSDT
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
89%
0%
11%
My opinion
Bullish above 0.211347 USDT
My targets
0.239155 USDT (+6.20%)
0.271133 USDT (+20.40%)
My analysis
The bullish trend is currently very strong on MONERO CLASSIC - XMC/USDT. As long as the price remains above the support at 0.211347 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.239155 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.271133 USDT as an objective. Crossing it would then enable buyers to target 0.279000 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

MONERO CLASSIC - XMC/USDT rating 0.225200 USDT. On the day, this instrument gained +2.64% and was between 0.216700 USDT and 0.226200 USDT. This implies that the price is at +3.92% from its lowest and at -0.44% from its highest.

0.216700
0.226200
0.225200

Here is a more detailed summary of the historical variations registered by MONERO CLASSIC - XMC/USDT:

Technical


Technical analysis of this 1H chart of MONERO CLASSIC - XMC/USDT 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.

The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.100900 0.189800 0.211347 0.225200 0.239155 0.279000 0.326700
Change (%) -55.20% -15.72% -6.15% - +6.20% +23.89% +45.07%
Change -0.124300 -0.035400 -0.013853 - +0.013955 +0.053800 +0.101500
Level Minor Intermediate Intermediate - Major Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1297670.1595330.1894670.2192330.2491670.2789330.308867
Camarilla0.2029830.2084550.2139280.2194000.2248730.2303450.235818
Woodie0.1298500.1595750.1895500.2192750.2492500.2789750.308950
Fibonacci0.1595330.1823390.1964280.2192330.2420390.2561280.278933


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0740670.0161670.0985330.1887670.2711330.3613670.443733
Camarilla0.1334350.1492570.1650780.1809000.1967220.2125430.228365
Woodie-0.0780000.0142000.0946000.1868000.2672000.3594000.439800
Fibonacci0.0161670.0821000.1228340.1887670.2547000.2954340.361367


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.132450-0.0378000.0712000.1658500.2748500.3695000.478500
Camarilla0.1241960.1428640.1615320.1802000.1988680.2175360.236204
Woodie-0.125275-0.0342130.0783750.1694380.2820250.3730880.485675
Fibonacci-0.0378000.0399940.0880560.1658500.2436440.2917060.369500

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): 69.15
MACD (12,26,9): 0.0071
Directional Movement: 22.155664
AROON (14): 7.142858
DEMA (21): 0.219518
Parabolic SAR (0,02-0,02-0,2): 0.199225
Elder Ray (13): 0.007220
Super Trend (3,10): 0.197719
Zig ZAG (10): 0.224400
VORTEX (21): 1.1414
Stochastique (14,3,5): 54.22
TEMA (21): 0.224347
Williams %R (14): -41.54
Chande Momentum Oscillator (20): 0.029500
Repulse (5,40,3): 0.6597
ROCnROLL: 1
TRIX (15,9): 0.3987
Courbe Coppock: 25.81
MA7: 0.206629
MA20: 0.177557
MA50: 0.175610
MA100: 0.206362
MAexp7: 0.219410
MAexp20: 0.211012
MAexp50: 0.203854
MAexp100: 0.202072
Price / MA7: +8.99%
Price / MA20: +26.83%
Price / MA50: +28.24%
Price / MA100: +9.13%
Price / MAexp7: +2.64%
Price / MAexp20: +6.72%
Price / MAexp50: +10.47%
Price / MAexp100: +11.45%

Quotes : - Real time data - Cryptocompare