Londinia Opportunities Analyses - 05/23/2022 (GMT) SUN TOKEN - SUN/USDT - 1H

SUN TOKEN - SUN/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: SUNUSDT
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: Bullish
Underlying: Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 0.009041 USDT
My targets
0.009682 USDT (+4.13%)
0.009988 USDT (+7.42%)
My analysis
The basic bullish trend is very strong on SUN TOKEN - SUN/USDT 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 0.009041 USDT. Crossing the first resistance at 0.009682 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.009988 USDT as an objective. Crossing it would then enable buyers to target 0.011088 USDT. Caution, a return to below 0.009041 USDT 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

SUN TOKEN - SUN/USDT rating 0.009298 USDT. The price registered an increase of +0.56% on the session and was traded between 0.008827 USDT and 0.009392 USDT over the period. The price is currently at +5.34% from its lowest and -1.00% from its highest.

0.008827
0.009392
0.009298

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Abnormal volumes on SUN TOKEN - SUN/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of SUN TOKEN - SUN/USDT in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

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


S3S2S1PriceR1R2R3
ProTrendLines 0.007839 0.008552 0.009041 0.009298 0.009310 0.009988 0.011088
Change (%) -15.69% -8.02% -2.76% - +0.13% +7.42% +19.25%
Change -0.001459 -0.000746 -0.000257 - +0.000012 +0.000690 +0.001790
Level Major Major Intermediate - Minor Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0082480.0084830.0088650.0091000.0094820.0097170.010099
Camarilla0.0090760.0091330.0091890.0092460.0093030.0093590.009416
Woodie0.0083210.0085200.0089380.0091370.0095550.0097540.010172
Fibonacci0.0084830.0087190.0088650.0091000.0093360.0094820.009717


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0068040.0076150.0082430.0090540.0096820.0104930.011121
Camarilla0.0084750.0086070.0087390.0088710.0090030.0091350.009267
Woodie0.0067130.0075690.0081520.0090080.0095910.0104470.011030
Fibonacci0.0076150.0081650.0085040.0090540.0096040.0099430.010493


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0058970.0093530.0111070.0145630.0163170.0197730.021527
Camarilla0.0114270.0119050.0123820.0128600.0133380.0138150.014293
Woodie0.0050450.0089280.0102550.0141380.0154650.0193480.020675
Fibonacci0.0093530.0113440.0125730.0145630.0165540.0177830.019773

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): 56.89
MACD (12,26,9): 0.0001
Directional Movement: -2.234689
AROON (14): -57.142857
DEMA (21): 0.009251
Parabolic SAR (0,02-0,02-0,2): 0.009370
Elder Ray (13): 0.000061
Super Trend (3,10): 0.008798
Zig ZAG (10): 0.009263
VORTEX (21): 1.0287
Stochastique (14,3,5): 59.68
TEMA (21): 0.009232
Williams %R (14): -32.66
Chande Momentum Oscillator (20): 0.000019
Repulse (5,40,3): 1.8606
ROCnROLL: 1
TRIX (15,9): 0.1073
Courbe Coppock: 0.94
MA7: 0.008943
MA20: 0.010054
MA50: 0.012691
MA100: 0.012999
MAexp7: 0.009209
MAexp20: 0.009168
MAexp50: 0.009056
MAexp100: 0.008973
Price / MA7: +3.97%
Price / MA20: -7.52%
Price / MA50: -26.74%
Price / MA100: -28.47%
Price / MAexp7: +0.97%
Price / MAexp20: +1.42%
Price / MAexp50: +2.67%
Price / MAexp100: +3.62%

Quotes : - Real time data - Cryptocompare