Londinia Opportunities Analyses - 05/24/2022 (GMT) SXP - SXP/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | SXPUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.502320 USDT
My targets
0.525800 USDT (+3.14%)
0.568200 USDT (+11.46%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SWIPE - SXP/USDT as long as the price remains well above 0.502320 USDT. The buyers' bullish objective is set at 0.525800 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.568200 USDT. If there is any crossing, the next objective would be the resistance located at 1.168330 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The SWIPE - SXP/USDT price is 0.509800 USDT. On the day, this instrument gained +5.37% and was traded between 0.483100 USDT and 0.515700 USDT over the period. The price is currently at +5.53% from its lowest and -1.14% from its highest.0.483100
0.515700
0.509800
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of SWIPE - SXP/USDT 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. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.447800 | 0.469470 | 0.502320 | 0.509800 | 0.525800 | 1.168330 | 1.396710 |
| Change (%) | -12.16% | -7.91% | -1.47% | - | +3.14% | +129.17% | +173.97% |
| Change | -0.062000 | -0.040330 | -0.007480 | - | +0.016000 | +0.658530 | +0.886910 |
| Level | Major | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.411633 | 0.442867 | 0.463333 | 0.494567 | 0.515033 | 0.546267 | 0.566733 |
| Camarilla | 0.469583 | 0.474322 | 0.479061 | 0.483800 | 0.488539 | 0.493278 | 0.498018 |
| Woodie | 0.406250 | 0.440175 | 0.457950 | 0.491875 | 0.509650 | 0.543575 | 0.561350 |
| Fibonacci | 0.442867 | 0.462616 | 0.474817 | 0.494567 | 0.514316 | 0.526517 | 0.546267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.293800 | 0.346200 | 0.404800 | 0.457200 | 0.515800 | 0.568200 | 0.626800 |
| Camarilla | 0.432875 | 0.443050 | 0.453225 | 0.463400 | 0.473575 | 0.483750 | 0.493925 |
| Woodie | 0.296900 | 0.347750 | 0.407900 | 0.458750 | 0.518900 | 0.569750 | 0.629900 |
| Fibonacci | 0.346200 | 0.388602 | 0.414798 | 0.457200 | 0.499602 | 0.525798 | 0.568200 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.041233 | 0.478867 | 0.712733 | 1.150367 | 1.384233 | 1.821867 | 2.055733 |
| Camarilla | 0.761938 | 0.823492 | 0.885046 | 0.946600 | 1.008154 | 1.069708 | 1.131263 |
| Woodie | -0.060650 | 0.427925 | 0.610850 | 1.099425 | 1.282350 | 1.770925 | 1.953850 |
| Fibonacci | 0.478867 | 0.735380 | 0.893854 | 1.150367 | 1.406880 | 1.565354 | 1.821867 |
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): | 59.17 | |
| MACD (12,26,9): | 0.0014 | |
| Directional Movement: | 9.026939 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.501640 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.478208 | |
| Elder Ray (13): | 0.009515 | |
| Super Trend (3,10): | 0.512110 | |
| Zig ZAG (10): | 0.513700 | |
| VORTEX (21): | 0.9811 | |
| Stochastique (14,3,5): | 74.14 | |
| TEMA (21): | 0.499682 | |
| Williams %R (14): | -16.38 | |
| Chande Momentum Oscillator (20): | 0.004100 | |
| Repulse (5,40,3): | 3.3112 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0132 | |
| Courbe Coppock: | 4.37 |
| MA7: | 0.467886 | |
| MA20: | 0.576485 | |
| MA50: | 0.958416 | |
| MA100: | 1.183297 | |
| MAexp7: | 0.502624 | |
| MAexp20: | 0.499668 | |
| MAexp50: | 0.493211 | |
| MAexp100: | 0.482164 | |
| Price / MA7: | +8.96% | |
| Price / MA20: | -11.57% | |
| Price / MA50: | -46.81% | |
| Price / MA100: | -56.92% | |
| Price / MAexp7: | +1.43% | |
| Price / MAexp20: | +2.03% | |
| Price / MAexp50: | +3.36% | |
| Price / MAexp100: | +5.73% |
Quotes :
-
Real time data
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Cryptocompare