Londinia Opportunities Analyses - 05/21/2022 (GMT) INSURACE (X10) - INSUR/USDT - 1H

INSURACE (X10) - INSUR/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: INSURUSDT
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
17%
56%
28%
My opinion
Bearish under 3.19 USDT
My targets
3.00 USDT (-4.15%)
2.63 USDT (-15.97%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INSURACE (X10) - INSUR/USDT as long as the price remains well below 3.19 USDT. The sellers' bearish objective is set at 3.00 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.63 USDT. In case of crossing, the next objective would be the support located at 2.41 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
6.6

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

INSURACE (X10) - INSUR/USDT rating 3.13 USDT. On the day, this instrument lost -0.95% and was between 3.01 USDT and 3.40 USDT. This implies that the price is at +3.99% from its lowest and at -7.94% from its highest.

3.01
3.40
3.13

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 1H chart of INSURACE (X10) - INSUR/USDT indicates that the overall trend is strongly bearish. 85.71% 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 detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour



In fact, 10 technical indicators on 18 studied are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.41 2.63 3.00 3.13 3.19 3.63 4.05
Change (%) -23.00% -15.97% -4.15% - +1.92% +15.97% +29.39%
Change -0.72 -0.50 -0.13 - +0.06 +0.50 +0.92
Level Minor Minor Major - Minor Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.502.752.963.213.423.673.88
Camarilla3.033.083.123.163.203.243.29
Woodie2.472.742.933.203.393.663.85
Fibonacci2.752.933.043.213.393.503.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-3.00-0.610.623.014.246.637.86
Camarilla0.851.181.511.842.172.502.84
Woodie-3.59-0.900.032.723.656.347.27
Fibonacci-0.610.781.633.014.405.256.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-1.881.233.336.448.5411.6513.75
Camarilla3.994.474.945.425.906.386.85
Woodie-2.400.982.826.198.0311.4013.24
Fibonacci1.233.224.456.448.439.6611.65

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): 42.03
MACD (12,26,9): -0.0100
Directional Movement: 3.01
AROON (14): 64.29
DEMA (21): 3.18
Parabolic SAR (0,02-0,02-0,2): 3.39
Elder Ray (13): -0.07
Super Trend (3,10): 3.39
Zig ZAG (10): 3.12
VORTEX (21): 1.0000
Stochastique (14,3,5): 27.59
TEMA (21): 3.18
Williams %R (14): -77.44
Chande Momentum Oscillator (20): -0.08
Repulse (5,40,3): -2.2400
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 3.74
MA7: 3.09
MA20: 3.88
MA50: 5.19
MA100: 5.09
MAexp7: 3.17
MAexp20: 3.19
MAexp50: 3.21
MAexp100: 3.16
Price / MA7: +1.29%
Price / MA20: -19.33%
Price / MA50: -39.69%
Price / MA100: -38.51%
Price / MAexp7: -1.58%
Price / MAexp20: -2.19%
Price / MAexp50: -2.80%
Price / MAexp100: -1.27%

Quotes : - Real time data - Cryptocompare