Londinia Opportunities Analyses - 05/22/2022 (GMT) STP NETWORK (X10000) - STPT/BTC - 1H
| Type: | Cryptocurrencies |
| Ticker: | STPTBTC |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 0.016700 BTC
My targets
0.017300 BTC (+2.37%)
0.018533 BTC (+9.66%)
My analysis
The basic bullish trend is very strong on STP NETWORK (X10000) - STPT/BTC but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.016700 BTC. Crossing the first resistance at 0.017300 BTC would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.018533 BTC as an objective. Crossing it would then enable buyers to target 0.021090 BTC. Caution, a return to below 0.016700 BTC would be a sign of a consolidation phase in the short-term basic trend. 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
7.5
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Additional analysis
Quotes
The STP NETWORK (X10000) - STPT/BTC price is 0.016900 BTC. The price registered an increase of +3.68% on the session with the lowest point at 0.016200 BTC and the highest point at 0.017600 BTC. The deviation from the price is +4.32% for the low point and -3.98% for the high point.0.016200
0.017600
0.016900
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of STP NETWORK (X10000) - STPT/BTC indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.015900 | 0.016300 | 0.016700 | 0.016900 | 0.017300 | 0.021090 | 0.024005 |
| Change (%) | -5.92% | -3.55% | -1.18% | - | +2.37% | +24.79% | +42.04% |
| Change | -0.001000 | -0.000600 | -0.000200 | - | +0.000400 | +0.004190 | +0.007105 |
| Level | Intermediate | Minor | Minor | - | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011867 | 0.013633 | 0.014967 | 0.016733 | 0.018067 | 0.019833 | 0.021167 |
| Camarilla | 0.015448 | 0.015732 | 0.016016 | 0.016300 | 0.016584 | 0.016868 | 0.017153 |
| Woodie | 0.011650 | 0.013525 | 0.014750 | 0.016625 | 0.017850 | 0.019725 | 0.020950 |
| Fibonacci | 0.013633 | 0.014818 | 0.015549 | 0.016733 | 0.017918 | 0.018649 | 0.019833 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.009533 | 0.011767 | 0.014033 | 0.016267 | 0.018533 | 0.020767 | 0.023033 |
| Camarilla | 0.015063 | 0.015475 | 0.015888 | 0.016300 | 0.016713 | 0.017125 | 0.017538 |
| Woodie | 0.009550 | 0.011775 | 0.014050 | 0.016275 | 0.018550 | 0.020775 | 0.023050 |
| Fibonacci | 0.011767 | 0.013486 | 0.014548 | 0.016267 | 0.017986 | 0.019048 | 0.020767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011967 | 0.015933 | 0.018067 | 0.022033 | 0.024167 | 0.028133 | 0.030267 |
| Camarilla | 0.018523 | 0.019082 | 0.019641 | 0.020200 | 0.020759 | 0.021318 | 0.021878 |
| Woodie | 0.011050 | 0.015475 | 0.017150 | 0.021575 | 0.023250 | 0.027675 | 0.029350 |
| Fibonacci | 0.015933 | 0.018264 | 0.019703 | 0.022033 | 0.024364 | 0.025803 | 0.028133 |
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): | 57.57 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 26.020377 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.016753 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.016128 | |
| Elder Ray (13): | 0.000608 | |
| Super Trend (3,10): | 0.016032 | |
| Zig ZAG (10): | 0.016900 | |
| VORTEX (21): | 0.9104 | |
| Stochastique (14,3,5): | 74.92 | |
| TEMA (21): | 0.016741 | |
| Williams %R (14): | -46.67 | |
| Chande Momentum Oscillator (20): | 0.000700 | |
| Repulse (5,40,3): | 1.2645 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1410 | |
| Courbe Coppock: | 0.96 |
| MA7: | 0.015871 | |
| MA20: | 0.017365 | |
| MA50: | 0.020206 | |
| MA100: | 0.021285 | |
| MAexp7: | 0.016767 | |
| MAexp20: | 0.016498 | |
| MAexp50: | 0.016149 | |
| MAexp100: | 0.015907 | |
| Price / MA7: | +6.48% | |
| Price / MA20: | -2.68% | |
| Price / MA50: | -16.36% | |
| Price / MA100: | -20.60% | |
| Price / MAexp7: | +0.79% | |
| Price / MAexp20: | +2.44% | |
| Price / MAexp50: | +4.65% | |
| Price / MAexp100: | +6.24% |
Quotes :
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Real time data
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Cryptocompare