Londinia Opportunities Analyses - 01/26/2023 (GMT) CHIA - XCH/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | XCHUSDT |
| 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:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 44.96 USDT
My targets
51.30 USDT (+9.28%)
56.19 USDT (+19.71%)
My analysis
The basic bullish trend is very strong on CHIA - XCH/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 44.96 USDT. Crossing the first resistance at 51.30 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 56.19 USDT as an objective. Crossing it would then enable buyers to target 65.04 USDT. Caution, a return to below 44.96 USDT would be a sign of a consolidation phase in the short-term basic trend. 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.
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
7.5
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
CHIA - XCH/USDT rating 46.94 USDT. The price registered an increase of +0.15% on the session and was traded between 45.40 USDT and 48.03 USDT over the period. The price is currently at +3.39% from its lowest and -2.27% from its highest.45.40
48.03
46.94
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHIA - XCH/USDT chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 39.17 | 41.43 | 44.96 | 46.94 |
| Change (%) | -16.55% | -11.74% | -4.22% | - |
| Change | -7.77 | -5.51 | -1.98 | - |
| Level | Minor | Minor | Major | - |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 41.93 | 43.17 | 45.02 | 46.26 | 48.11 | 49.35 | 51.20 |
| Camarilla | 46.02 | 46.30 | 46.59 | 46.87 | 47.15 | 47.44 | 47.72 |
| Woodie | 42.24 | 43.32 | 45.33 | 46.41 | 48.42 | 49.50 | 51.51 |
| Fibonacci | 43.17 | 44.35 | 45.08 | 46.26 | 47.44 | 48.17 | 49.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.82 | 28.71 | 37.56 | 42.45 | 51.30 | 56.19 | 65.04 |
| Camarilla | 42.62 | 43.88 | 45.14 | 46.40 | 47.66 | 48.92 | 50.18 |
| Woodie | 25.79 | 29.70 | 39.53 | 43.44 | 53.27 | 57.18 | 67.01 |
| Fibonacci | 28.71 | 33.96 | 37.21 | 42.45 | 47.70 | 50.95 | 56.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.34 | 24.41 | 26.57 | 29.64 | 31.80 | 34.87 | 37.03 |
| Camarilla | 27.30 | 27.78 | 28.26 | 28.74 | 29.22 | 29.70 | 30.18 |
| Woodie | 20.90 | 24.18 | 26.13 | 29.41 | 31.36 | 34.64 | 36.59 |
| Fibonacci | 24.41 | 26.41 | 27.64 | 29.64 | 31.64 | 32.87 | 34.87 |
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): | 57.43 | |
| MACD (12,26,9): | 0.1400 | |
| Directional Movement: | 8.95 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 46.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 45.52 | |
| Elder Ray (13): | 0.40 | |
| Super Trend (3,10): | 47.29 | |
| Zig ZAG (10): | 46.77 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 83.63 | |
| TEMA (21): | 46.47 | |
| Williams %R (14): | -11.11 | |
| Chande Momentum Oscillator (20): | 0.69 | |
| Repulse (5,40,3): | 0.9300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.58 |
| MA7: | 45.78 | |
| MA20: | 37.98 | |
| MA50: | 33.32 | |
| MA100: | 32.33 | |
| MAexp7: | 46.45 | |
| MAexp20: | 46.33 | |
| MAexp50: | 45.98 | |
| MAexp100: | 45.20 | |
| Price / MA7: | +2.53% | |
| Price / MA20: | +23.59% | |
| Price / MA50: | +40.88% | |
| Price / MA100: | +45.19% | |
| Price / MAexp7: | +1.05% | |
| Price / MAexp20: | +1.32% | |
| Price / MAexp50: | +2.09% | |
| Price / MAexp100: | +3.85% |
Quotes :
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Real time data
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