Londinia Opportunities Analyses - 12/06/2022 (GMT) THORCHAIN - RUNE/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | RUNEUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 1.38 USDT
My targets
1.40 USDT (+0.72%)
1.44 USDT (+3.38%)
My analysis
THORCHAIN - RUNE/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 1.38 USDT. The next resistance located at 1.40 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 1.44 USDT. After this resistance, buyers could then target 1.56 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
8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
THORCHAIN - RUNE/USDT rating 1.39 USDT. On the day, this instrument gained +1.46% with the lowest point at 1.38 USDT and the highest point at 1.39 USDT. The deviation from the price is +0.72% for the low point and 0% for the high point.1.38
1.39
1.39
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
Here is a more detailed summary of the historical variations registered by THORCHAIN - RUNE/USDT:
Technical
Technical analysis of THORCHAIN - RUNE/USDT in 1H shows a strongly overall bullish trend. 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. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.26 | 1.34 | 1.38 | 1.39 | 1.40 | 1.56 | 2.03 |
| Change (%) | -9.35% | -3.60% | -0.72% | - | +0.72% | +12.23% | +46.04% |
| Change | -0.13 | -0.05 | -0.01 | - | +0.01 | +0.17 | +0.64 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.31 | 1.34 | 1.35 | 1.38 | 1.39 | 1.42 | 1.43 |
| Camarilla | 1.36 | 1.36 | 1.37 | 1.37 | 1.37 | 1.38 | 1.38 |
| Woodie | 1.31 | 1.34 | 1.35 | 1.38 | 1.39 | 1.42 | 1.43 |
| Fibonacci | 1.34 | 1.35 | 1.36 | 1.38 | 1.39 | 1.40 | 1.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.92 | 1.02 | 1.18 | 1.28 | 1.44 | 1.54 | 1.70 |
| Camarilla | 1.26 | 1.28 | 1.31 | 1.33 | 1.35 | 1.38 | 1.40 |
| Woodie | 0.94 | 1.04 | 1.20 | 1.30 | 1.46 | 1.56 | 1.72 |
| Fibonacci | 1.02 | 1.12 | 1.18 | 1.28 | 1.38 | 1.44 | 1.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.22 | 0.61 | 0.95 | 1.34 | 1.68 | 2.07 | 2.41 |
| Camarilla | 1.09 | 1.16 | 1.22 | 1.29 | 1.36 | 1.42 | 1.49 |
| Woodie | 0.20 | 0.60 | 0.93 | 1.33 | 1.66 | 2.06 | 2.39 |
| Fibonacci | 0.61 | 0.89 | 1.06 | 1.34 | 1.62 | 1.79 | 2.07 |
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): | 59.82 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 13.84 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 1.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.40 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.39 | |
| Zig ZAG (10): | 1.39 | |
| VORTEX (21): | 1.2600 | |
| Stochastique (14,3,5): | 28.69 | |
| TEMA (21): | 1.39 | |
| Williams %R (14): | -41.46 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 0.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 2.85 |
| MA7: | 1.35 | |
| MA20: | 1.24 | |
| MA50: | 1.35 | |
| MA100: | 1.52 | |
| MAexp7: | 1.38 | |
| MAexp20: | 1.38 | |
| MAexp50: | 1.36 | |
| MAexp100: | 1.34 | |
| Price / MA7: | +2.96% | |
| Price / MA20: | +12.10% | |
| Price / MA50: | +2.96% | |
| Price / MA100: | -8.55% | |
| Price / MAexp7: | +0.72% | |
| Price / MAexp20: | +0.72% | |
| Price / MAexp50: | +2.21% | |
| Price / MAexp100: | +3.73% |
Quotes :
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Real time data
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