Londinia Opportunities Analyses - 05/21/2022 (GMT) SUSHI (X100) - SUSHI/BTC - 1H

SUSHI (X100) - SUSHI/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: SUSHIBTC
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%
6%
22%
My opinion
Bullish above 0.004848 BTC
My targets
0.005125 BTC (+3.79%)
0.005454 BTC (+10.45%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUSHI (X100) - SUSHI/BTC as long as the price remains well above 0.004848 BTC. The buyers' bullish objective is set at 0.005125 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.005454 BTC. If there is any crossing, the next objective would be the resistance located at 0.007924 BTC. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The SUSHI (X100) - SUSHI/BTC price is 0.004938 BTC. On the day, this instrument gained +11.44% and was traded between 0.004385 BTC and 0.004942 BTC over the period. The price is currently at +12.61% from its lowest and -0.08% from its highest.

0.004385
0.004942
0.004938

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


Technical analysis of SUSHI (X100) - SUSHI/BTC in 1H shows a strongly overall 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



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

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : 1 hour


Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.004362 0.004484 0.004848 0.004938 0.005125 0.005454 0.007924
Change (%) -11.66% -9.19% -1.82% - +3.79% +10.45% +60.47%
Change -0.000576 -0.000454 -0.000090 - +0.000187 +0.000516 +0.002986
Level Minor Major Intermediate - Minor Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0041350.0042480.0043400.0044530.0045450.0046580.004750
Camarilla0.0043760.0043940.0044130.0044320.0044510.0044700.004488
Woodie0.0041250.0042430.0043300.0044480.0045350.0046530.004740
Fibonacci0.0042480.0043260.0043750.0044530.0045310.0045800.004658


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0009230.0023880.0033770.0048420.0058310.0072960.008285
Camarilla0.0036900.0039150.0041400.0043650.0045900.0048150.005040
Woodie0.0006840.0022690.0031380.0047230.0055920.0071770.008046
Fibonacci0.0023880.0033260.0039050.0048420.0057800.0063590.007296


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0003380.0031600.0046350.0074570.0089320.0117540.013229
Camarilla0.0049280.0053220.0057160.0061100.0065040.0068980.007292
Woodie-0.0003360.0028230.0039620.0071200.0082590.0114170.012556
Fibonacci0.0031600.0048020.0058160.0074570.0090990.0101130.011754

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): 66.91
MACD (12,26,9): 0.0001
Directional Movement: 27.141656
AROON (14): 50.000000
DEMA (21): 0.004803
Parabolic SAR (0,02-0,02-0,2): 0.004881
Elder Ray (13): 0.000063
Super Trend (3,10): 0.004655
Zig ZAG (10): 0.004807
VORTEX (21): 1.3384
Stochastique (14,3,5): 70.51
TEMA (21): 0.004847
Williams %R (14): -24.63
Chande Momentum Oscillator (20): 0.000235
Repulse (5,40,3): 0.7716
ROCnROLL: 1
TRIX (15,9): 0.2640
Courbe Coppock: 11.55
MA7: 0.004498
MA20: 0.005208
MA50: 0.006965
MA100: 0.007693
MAexp7: 0.004781
MAexp20: 0.004690
MAexp50: 0.004580
MAexp100: 0.004522
Price / MA7: +9.78%
Price / MA20: -5.18%
Price / MA50: -29.10%
Price / MA100: -35.81%
Price / MAexp7: +3.28%
Price / MAexp20: +5.29%
Price / MAexp50: +7.82%
Price / MAexp100: +9.20%

Quotes : - Real time data - Cryptocompare