Londinia Opportunities Analyses - 08/17/2022 (GMT) STOX - STOX/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | STOXUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.478800 USDT
My targets
0.457000 USDT (-3.28%)
0.405933 USDT (-14.09%)
My analysis
STOX - STOX/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.478800 USDT. The next support located at 0.457000 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.405933 USDT. Below this support, sellers could then target 0.360400 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.9
Analysis too old. There are no more charts available.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
Additional analysis
Quotes
The STOX - STOX/USDT price is 0.472500 USDT. The price registered a decrease of -0.69% on the session with the lowest point at 0.470700 USDT and the highest point at 0.491400 USDT. The deviation from the price is +0.38% for the low point and -3.85% for the high point.0.470700
0.491400
0.472500
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.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of STOX - STOX/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.360400 | 0.457000 | 0.471200 | 0.472500 | 0.478800 | 0.490378 | 0.502733 |
| Change (%) | -23.72% | -3.28% | -0.28% | - | +1.33% | +3.78% | +6.40% |
| Change | -0.112100 | -0.015500 | -0.001300 | - | +0.006300 | +0.017878 | +0.030233 |
| Level | Major | Minor | Intermediate | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.450533 | 0.460867 | 0.468333 | 0.478667 | 0.486133 | 0.496467 | 0.503933 |
| Camarilla | 0.470905 | 0.472537 | 0.474168 | 0.475800 | 0.477432 | 0.479063 | 0.480695 |
| Woodie | 0.449100 | 0.460150 | 0.466900 | 0.477950 | 0.484700 | 0.495750 | 0.502500 |
| Fibonacci | 0.460867 | 0.467666 | 0.471867 | 0.478667 | 0.485466 | 0.489667 | 0.496467 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.405933 | 0.431467 | 0.470233 | 0.495767 | 0.534533 | 0.560067 | 0.598833 |
| Camarilla | 0.491318 | 0.497212 | 0.503106 | 0.509000 | 0.514894 | 0.520788 | 0.526683 |
| Woodie | 0.412550 | 0.434775 | 0.476850 | 0.499075 | 0.541150 | 0.563375 | 0.605450 |
| Fibonacci | 0.431467 | 0.456029 | 0.471204 | 0.495767 | 0.520329 | 0.535504 | 0.560067 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.227667 | 0.286733 | 0.364067 | 0.423133 | 0.500467 | 0.559533 | 0.636867 |
| Camarilla | 0.403890 | 0.416393 | 0.428897 | 0.441400 | 0.453903 | 0.466407 | 0.478910 |
| Woodie | 0.236800 | 0.291300 | 0.373200 | 0.427700 | 0.509600 | 0.564100 | 0.646000 |
| Fibonacci | 0.286733 | 0.338838 | 0.371029 | 0.423133 | 0.475238 | 0.507429 | 0.559533 |
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): | 40.96 | |
| MACD (12,26,9): | -0.0011 | |
| Directional Movement: | -12.710378 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.477205 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.489888 | |
| Elder Ray (13): | -0.005367 | |
| Super Trend (3,10): | 0.485307 | |
| Zig ZAG (10): | 0.472800 | |
| VORTEX (21): | 0.9941 | |
| Stochastique (14,3,5): | 10.30 | |
| TEMA (21): | 0.477756 | |
| Williams %R (14): | -89.86 | |
| Chande Momentum Oscillator (20): | -0.003000 | |
| Repulse (5,40,3): | -0.8383 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0061 | |
| Courbe Coppock: | 0.80 |
| MA7: | 0.492500 | |
| MA20: | 0.477470 | |
| MA50: | 0.434172 | |
| MA100: | 0.463106 | |
| MAexp7: | 0.476577 | |
| MAexp20: | 0.478558 | |
| MAexp50: | 0.481975 | |
| MAexp100: | 0.487343 | |
| Price / MA7: | -4.06% | |
| Price / MA20: | -1.04% | |
| Price / MA50: | +8.83% | |
| Price / MA100: | +2.03% | |
| Price / MAexp7: | -0.86% | |
| Price / MAexp20: | -1.27% | |
| Price / MAexp50: | -1.97% | |
| Price / MAexp100: | -3.05% |
Quotes :
-
Real time data
-
Cryptocompare