Londinia Opportunities Analyses - 09/24/2022 (GMT) WORLDWIDE ASSET EXCHANGE - WAXP/USDT - 1H

WORLDWIDE ASSET EXCHANGE - WAXP/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: WAXPUSDT
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.087016 USDT
My targets
0.089290 USDT (+1.70%)
0.091248 USDT (+3.93%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WORLDWIDE ASSET EXCHANGE - WAXP/USDT as long as the price remains well above 0.087016 USDT. The buyers' bullish objective is set at 0.089290 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.091248 USDT. If there is any crossing, the next objective would be the resistance located at 0.092633 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The WORLDWIDE ASSET EXCHANGE - WAXP/USDT rating is 0.087800 USDT. The price is lower by -0.08% since the last closing and was traded between 0.086600 USDT and 0.088130 USDT over the period. The price is currently at +1.39% from its lowest and -0.37% from its highest.

0.086600
0.088130
0.087800

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by WORLDWIDE ASSET EXCHANGE - WAXP/USDT:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of WORLDWIDE ASSET EXCHANGE - WAXP/USDT in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by 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



An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.084257 0.086000 0.087016 0.087800 0.088310 0.089290 0.091248
Change (%) -4.04% -2.05% -0.89% - +0.58% +1.70% +3.93%
Change -0.003543 -0.001800 -0.000784 - +0.000510 +0.001490 +0.003448
Level Major Minor 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
Standard0.0810430.0829570.0854130.0873270.0897830.0916970.094153
Camarilla0.0866680.0870690.0874690.0878700.0882710.0886710.089072
Woodie0.0813150.0830930.0856850.0874630.0900550.0918330.094425
Fibonacci0.0829570.0846260.0856570.0873270.0889960.0900270.091697


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0720930.0804370.0865130.0948570.1009330.1092770.115353
Camarilla0.0886250.0899460.0912680.0925900.0939120.0952340.096556
Woodie0.0709600.0798700.0853800.0942900.0998000.1087100.114220
Fibonacci0.0804370.0859450.0893480.0948570.1003650.1037680.109277


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0506330.0723370.0849930.1066970.1193530.1410570.153713
Camarilla0.0882010.0913510.0945000.0976500.1008000.1039490.107099
Woodie0.0461100.0700750.0804700.1044350.1148300.1387950.149190
Fibonacci0.0723370.0854620.0935710.1066970.1198220.1279310.141057

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): 57.81
MACD (12,26,9): 0.0002
Directional Movement: 10.307356
AROON (14): 42.857143
DEMA (21): 0.087499
Parabolic SAR (0,02-0,02-0,2): 0.086847
Elder Ray (13): 0.000415
Super Trend (3,10): 0.088053
Zig ZAG (10): 0.087710
VORTEX (21): 1.1590
Stochastique (14,3,5): 80.66
TEMA (21): 0.087592
Williams %R (14): -24.84
Chande Momentum Oscillator (20): 0.000380
Repulse (5,40,3): 0.2894
ROCnROLL: 1
TRIX (15,9): 0.0202
Courbe Coppock: 0.79
MA7: 0.086844
MA20: 0.091890
MA50: 0.101576
MA100: 0.100406
MAexp7: 0.087541
MAexp20: 0.087203
MAexp50: 0.086945
MAexp100: 0.086962
Price / MA7: +1.10%
Price / MA20: -4.45%
Price / MA50: -13.56%
Price / MA100: -12.56%
Price / MAexp7: +0.30%
Price / MAexp20: +0.68%
Price / MAexp50: +0.98%
Price / MAexp100: +0.96%

Quotes : - Real time data - Cryptocompare