Londinia Opportunities Analyses - 08/17/2022 (GMT) CONNECTOME - CNTM/USDT - 1H

CONNECTOME - CNTM/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: CNTMUSDT
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 bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.179633 USDT
My targets
0.190500 USDT (+3.36%)
0.204333 USDT (+10.87%)
My analysis
CONNECTOME - CNTM/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.179633 USDT. The next resistance located at 0.190500 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.204333 USDT. After this resistance, buyers could then target 0.240200 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

CONNECTOME - CNTM/USDT rating 0.184300 USDT. On the day, this instrument gained +1.94% with the lowest point at 0.179200 USDT and the highest point at 0.186900 USDT. The deviation from the price is +2.85% for the low point and -1.39% for the high point.

0.179200
0.186900
0.184300

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of CONNECTOME - CNTM/USDT indicates that the overall trend is strongly bullish. 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish doji star

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.175870 0.179633 0.183700 0.184300 0.190500 0.240200 0.317100
Change (%) -4.57% -2.53% -0.33% - +3.36% +30.33% +72.06%
Change -0.008430 -0.004667 -0.000600 - +0.006200 +0.055900 +0.132800
Level Intermediate Major Minor - Intermediate Minor Minor



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
Standard0.1702330.1730670.1769330.1797670.1836330.1864670.190333
Camarilla0.1789580.1795720.1801860.1808000.1814140.1820280.182643
Woodie0.1707500.1733250.1774500.1800250.1841500.1867250.190850
Fibonacci0.1730670.1756260.1772070.1797670.1823260.1839070.186467


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1310670.1455330.1604670.1749330.1898670.2043330.219267
Camarilla0.1673150.1700100.1727050.1754000.1780950.1807900.183485
Woodie0.1313000.1456500.1607000.1750500.1901000.2044500.219500
Fibonacci0.1455330.1567640.1637030.1749330.1861640.1931030.204333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0714330.0972670.1322330.1580670.1930330.2188670.253833
Camarilla0.1504800.1560530.1616270.1672000.1727730.1783470.183920
Woodie0.0760000.0995500.1368000.1603500.1976000.2211500.258400
Fibonacci0.0972670.1204920.1348410.1580670.1812920.1956410.218867

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): 60.00
MACD (12,26,9): 0.0011
Directional Movement: 31.076777
AROON (14): 57.142857
DEMA (21): 0.183147
Parabolic SAR (0,02-0,02-0,2): 0.181761
Elder Ray (13): 0.000887
Super Trend (3,10): 0.181619
Zig ZAG (10): 0.183600
VORTEX (21): 1.2069
Stochastique (14,3,5): 71.00
TEMA (21): 0.184046
Williams %R (14): -42.86
Chande Momentum Oscillator (20): 0.003600
Repulse (5,40,3): -0.1723
ROCnROLL: 1
TRIX (15,9): 0.0522
Courbe Coppock: 3.61
MA7: 0.179614
MA20: 0.171575
MA50: 0.158024
MA100: 0.190409
MAexp7: 0.183407
MAexp20: 0.181926
MAexp50: 0.180801
MAexp100: 0.179496
Price / MA7: +2.61%
Price / MA20: +7.42%
Price / MA50: +16.63%
Price / MA100: -3.21%
Price / MAexp7: +0.49%
Price / MAexp20: +1.30%
Price / MAexp50: +1.94%
Price / MAexp100: +2.68%

Quotes : - Real time data - Cryptocompare