Londinia Opportunities Analyses - 09/24/2022 (GMT) SUSHI - SUSHI/USDT - 1H

SUSHI - SUSHI/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: SUSHIUSDT
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: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 1.09 USDT
My targets
1.11 USDT (+0.91%)
1.15 USDT (+4.55%)
My analysis
SUSHI - SUSHI/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 1.09 USDT. The next resistance located at 1.11 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 1.15 USDT. After this resistance, buyers could then target 1.18 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

SUSHI - SUSHI/USDT rating 1.10 USDT. The price has increased by +1.85% since the last closing with the lowest point at 1.08 USDT and the highest point at 1.12 USDT. The deviation from the price is +1.85% for the low point and -1.79% for the high point.

1.08
1.12
1.10

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:

Technical


Technical analysis of SUSHI - SUSHI/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. 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 this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.03 1.07 1.09 1.10 1.11 1.15 1.18
Change (%) -6.36% -2.73% -0.91% - +0.91% +4.55% +7.27%
Change -0.07 -0.03 -0.01 - +0.01 +0.05 +0.08
Level Intermediate Intermediate Minor - Intermediate 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
Standard0.960.991.041.071.121.151.20
Camarilla1.061.071.071.081.091.101.10
Woodie0.961.001.041.081.121.161.20
Fibonacci0.991.021.041.071.101.121.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.790.951.061.221.331.491.60
Camarilla1.111.131.161.181.211.231.25
Woodie0.780.941.051.211.321.481.59
Fibonacci0.951.051.111.221.321.381.49


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.190.600.811.221.431.842.05
Camarilla0.860.920.971.031.091.141.20
Woodie0.100.550.721.171.341.791.96
Fibonacci0.600.830.981.221.451.601.84

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): 58.43
MACD (12,26,9): 0.0100
Directional Movement: 11.64
AROON (14): 35.71
DEMA (21): 1.10
Parabolic SAR (0,02-0,02-0,2): 1.11
Elder Ray (13): 0.01
Super Trend (3,10): 1.07
Zig ZAG (10): 1.10
VORTEX (21): 1.2700
Stochastique (14,3,5): 45.81
TEMA (21): 1.10
Williams %R (14): -55.26
Chande Momentum Oscillator (20): 0.01
Repulse (5,40,3): 0.0200
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 3.16
MA7: 1.06
MA20: 1.17
MA50: 1.23
MA100: 1.25
MAexp7: 1.09
MAexp20: 1.09
MAexp50: 1.08
MAexp100: 1.07
Price / MA7: +3.77%
Price / MA20: -5.98%
Price / MA50: -10.57%
Price / MA100: -12.00%
Price / MAexp7: +0.92%
Price / MAexp20: +0.92%
Price / MAexp50: +1.85%
Price / MAexp100: +2.80%

Quotes : - Real time data - Cryptocompare