Londinia Opportunities Analyses - 01/26/2023 (GMT) STP NETWORK (X10000) - STPT/BTC - 1H

STP NETWORK (X10000) - STPT/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: STPTBTC
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
78%
0%
22%
My opinion
Bullish above 0.017800 BTC
My targets
0.018300 BTC (+1.67%)
0.018800 BTC (+4.44%)
My analysis
The bullish trend is currently very strong on STP NETWORK (X10000) - STPT/BTC. As long as the price remains above the support at 0.017800 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.018300 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.018800 BTC as an objective. Crossing it would then enable buyers to target 0.019900 BTC. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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
8.6

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

STP NETWORK (X10000) - STPT/BTC rating 0.018000 BTC. The price has increased by +5.88% since the last closing with the lowest point at 0.016700 BTC and the highest point at 0.018300 BTC. The deviation from the price is +7.78% for the low point and -1.64% for the high point.

0.016700
0.018300
0.018000

A study of price movements over other periods shows the following variations:

Technical


Technical analysis of STP NETWORK (X10000) - STPT/BTC 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.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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 0.017100 0.017400 0.017800 0.018000 0.018300 0.018800 0.019900
Change (%) -5.00% -3.33% -1.11% - +1.67% +4.44% +10.56%
Change -0.000900 -0.000600 -0.000200 - +0.000300 +0.000800 +0.001900
Level Minor Minor 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
Standard0.0127670.0143330.0156670.0172330.0185670.0201330.021467
Camarilla0.0162030.0164680.0167340.0170000.0172660.0175320.017798
Woodie0.0126500.0142750.0155500.0171750.0184500.0200750.021350
Fibonacci0.0143330.0154410.0161260.0172330.0183410.0190260.020133


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0116670.0137330.0151670.0172330.0186670.0207330.022167
Camarilla0.0156380.0159580.0162790.0166000.0169210.0172420.017563
Woodie0.0113500.0135750.0148500.0170750.0183500.0205750.021850
Fibonacci0.0137330.0150700.0158960.0172330.0185700.0193960.020733


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0057330.0102670.0129330.0174670.0201330.0246670.027333
Camarilla0.0136200.0142800.0149400.0156000.0162600.0169200.017580
Woodie0.0048000.0098000.0120000.0170000.0192000.0242000.026400
Fibonacci0.0102670.0130170.0147160.0174670.0202170.0219160.024667

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 62.05
MACD (12,26,9): 0.0002
Directional Movement: 32.179288
AROON (14): 14.285714
DEMA (21): 0.017796
Parabolic SAR (0,02-0,02-0,2): 0.017230
Elder Ray (13): 0.000163
Super Trend (3,10): 0.017006
Zig ZAG (10): 0.017800
VORTEX (21): 1.1429
Stochastique (14,3,5): 58.33
TEMA (21): 0.017901
Williams %R (14): -41.67
Chande Momentum Oscillator (20): 0.000600
Repulse (5,40,3): 0.7003
ROCnROLL: 1
TRIX (15,9): 0.1679
Courbe Coppock: 6.42
MA7: 0.016729
MA20: 0.016640
MA50: 0.016678
MA100: 0.017926
MAexp7: 0.017752
MAexp20: 0.017517
MAexp50: 0.017225
MAexp100: 0.017008
Price / MA7: +7.60%
Price / MA20: +8.17%
Price / MA50: +7.93%
Price / MA100: +0.41%
Price / MAexp7: +1.40%
Price / MAexp20: +2.76%
Price / MAexp50: +4.50%
Price / MAexp100: +5.83%

Quotes : - Real time data - Cryptocompare