Londinia Opportunities Analyses - 05/21/2022 (GMT) ZYRO - ZYRO/USDT - 1H

ZYRO - ZYRO/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: ZYROUSDT
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
72%
11%
17%
My opinion
Bullish above 0.005110 USDT
My targets
0.005600 USDT (+6.26%)
0.005900 USDT (+11.95%)
My analysis
ZYRO - ZYRO/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.005110 USDT. The next resistance located at 0.005600 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.005900 USDT. After this resistance, buyers could then target 0.008351 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

ZYRO - ZYRO/USDT rating 0.005270 USDT. On the day, this instrument gained +6.04% and was between 0.004830 USDT and 0.005380 USDT. This implies that the price is at +9.11% from its lowest and at -2.04% from its highest.

0.004830
0.005380
0.005270

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



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

Technical


A technical analysis in 1H of this ZYRO - ZYRO/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

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.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.004180 0.004530 0.005110 0.005270 0.005600 0.005900 0.008351
Change (%) -20.68% -14.04% -3.04% - +6.26% +11.95% +58.46%
Change -0.001090 -0.000740 -0.000160 - +0.000330 +0.000630 +0.003081
Level Minor Intermediate Minor - Intermediate Intermediate Minor



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
Standard0.0039230.0042370.0046030.0049170.0052830.0055970.005963
Camarilla0.0047830.0048450.0049080.0049700.0050320.0050950.005157
Woodie0.0039500.0042500.0046300.0049300.0053100.0056100.005990
Fibonacci0.0042370.0044960.0046570.0049170.0051760.0053370.005597


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.003530-0.0005000.0015200.0045500.0065700.0096000.011620
Camarilla0.0021510.0026140.0030770.0035400.0040030.0044660.004929
Woodie-0.004035-0.0007530.0010150.0042980.0060650.0093480.011115
Fibonacci-0.0005000.0014290.0026210.0045500.0064790.0076710.009600


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.007840-0.0006000.0030200.0102600.0138800.0211200.024740
Camarilla0.0036540.0046490.0056450.0066400.0076360.0086310.009627
Woodie-0.009650-0.0015050.0012100.0093550.0120700.0202150.022930
Fibonacci-0.0006000.0035490.0061120.0102600.0144090.0169720.021120

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): 64.13
MACD (12,26,9): 0.0001
Directional Movement: 8.778157
AROON (14): 78.571429
DEMA (21): 0.005211
Parabolic SAR (0,02-0,02-0,2): 0.004915
Elder Ray (13): 0.000124
Super Trend (3,10): 0.004965
Zig ZAG (10): 0.005250
VORTEX (21): 1.0727
Stochastique (14,3,5): 79.84
TEMA (21): 0.005252
Williams %R (14): -30.23
Chande Momentum Oscillator (20): 0.000250
Repulse (5,40,3): -0.5358
ROCnROLL: 1
TRIX (15,9): 0.1597
Courbe Coppock: 9.42
MA7: 0.004561
MA20: 0.005389
MA50: 0.006928
MA100: 0.007025
MAexp7: 0.005221
MAexp20: 0.005109
MAexp50: 0.004973
MAexp100: 0.004760
Price / MA7: +15.54%
Price / MA20: -2.21%
Price / MA50: -23.93%
Price / MA100: -24.98%
Price / MAexp7: +0.94%
Price / MAexp20: +3.15%
Price / MAexp50: +5.97%
Price / MAexp100: +10.71%

Quotes : - Real time data - Cryptocompare