Londinia Opportunities Analyses - 09/26/2022 (GMT) GRIN - GRIN/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | GRINUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.061883 USDT
My targets
0.057820 USDT (-4.59%)
0.049680 USDT (-18.02%)
My analysis
The bearish trend is currently very strong for GRIN - GRIN/USDT. As long as the price remains below the resistance at 0.061883 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.057820 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.049680 USDT as an objective. Crossing it would then enable sellers to target 0.036690 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
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 GRIN - GRIN/USDT price is 0.060600 USDT. On the day, this instrument lost -3.75% and was between 0.058700 USDT and 0.063370 USDT. This implies that the price is at +3.24% from its lowest and at -4.37% from its highest.0.058700
0.063370
0.060600
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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 GRIN - GRIN/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.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.060600 | 0.061883 | 0.064080 | 0.066150 |
| Change (%) | - | +2.12% | +5.74% | +9.16% |
| Change | - | +0.001283 | +0.003480 | +0.005550 |
| Level | - | Major | 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 | 0.049757 | 0.055513 | 0.059237 | 0.064993 | 0.068717 | 0.074473 | 0.078197 |
| Camarilla | 0.060353 | 0.061222 | 0.062091 | 0.062960 | 0.063829 | 0.064698 | 0.065567 |
| Woodie | 0.048740 | 0.055005 | 0.058220 | 0.064485 | 0.067700 | 0.073965 | 0.077180 |
| Fibonacci | 0.055513 | 0.059135 | 0.061372 | 0.064993 | 0.068615 | 0.070852 | 0.074473 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.036690 | 0.049680 | 0.057820 | 0.070810 | 0.078950 | 0.091940 | 0.100080 |
| Camarilla | 0.060149 | 0.062086 | 0.064023 | 0.065960 | 0.067897 | 0.069834 | 0.071771 |
| Woodie | 0.034265 | 0.048468 | 0.055395 | 0.069598 | 0.076525 | 0.090728 | 0.097655 |
| Fibonacci | 0.049680 | 0.057752 | 0.062738 | 0.070810 | 0.078882 | 0.083868 | 0.091940 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.013460 | 0.020620 | 0.037740 | 0.071820 | 0.088940 | 0.123020 | 0.140140 |
| Camarilla | 0.040780 | 0.045473 | 0.050167 | 0.054860 | 0.059553 | 0.064247 | 0.068940 |
| Woodie | -0.021940 | 0.016380 | 0.029260 | 0.067580 | 0.080460 | 0.118780 | 0.131660 |
| Fibonacci | 0.020620 | 0.040178 | 0.052262 | 0.071820 | 0.091378 | 0.103462 | 0.123020 |
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): | 43.07 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -0.180195 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.061011 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.063268 | |
| Elder Ray (13): | -0.001158 | |
| Super Trend (3,10): | 0.066290 | |
| Zig ZAG (10): | 0.060440 | |
| VORTEX (21): | 0.9755 | |
| Stochastique (14,3,5): | 37.57 | |
| TEMA (21): | 0.060739 | |
| Williams %R (14): | -69.74 | |
| Chande Momentum Oscillator (20): | -0.002110 | |
| Repulse (5,40,3): | -3.1394 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1712 | |
| Courbe Coppock: | 5.21 |
| MA7: | 0.065470 | |
| MA20: | 0.066917 | |
| MA50: | 0.064731 | |
| MA100: | 0.068753 | |
| MAexp7: | 0.061215 | |
| MAexp20: | 0.062056 | |
| MAexp50: | 0.063309 | |
| MAexp100: | 0.064546 | |
| Price / MA7: | -7.44% | |
| Price / MA20: | -9.44% | |
| Price / MA50: | -6.38% | |
| Price / MA100: | -11.86% | |
| Price / MAexp7: | -1.00% | |
| Price / MAexp20: | -2.35% | |
| Price / MAexp50: | -4.28% | |
| Price / MAexp100: | -6.11% |
Quotes :
-
Real time data
-
Cryptocompare