Londinia Opportunities Analyses - 01/27/2023 (GMT) JOE - JOE/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | JOEUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 0.199360 USDT
My targets
0.202400 USDT (+0.80%)
0.205700 USDT (+2.44%)
My analysis
The basic bullish trend is very strong on JOE - JOE/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 0.199360 USDT. Crossing the first resistance at 0.202400 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.205700 USDT as an objective. Crossing it would then enable buyers to target 0.210635 USDT. Caution, a return to below 0.199360 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.
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
7.5
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The JOE - JOE/USDT price is 0.200800 USDT. The price has increased by +0.15% since the last closing and was between 0.195500 USDT and 0.201700 USDT. This implies that the price is at +2.71% from its lowest and at -0.45% from its highest.0.195500
0.201700
0.200800
Here is a more detailed summary of the historical variations registered by JOE - JOE/USDT:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of JOE - JOE/USDT indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.189600 | 0.196133 | 0.199360 | 0.200800 | 0.202400 | 0.205700 | 0.210635 |
| Change (%) | -5.58% | -2.32% | -0.72% | - | +0.80% | +2.44% | +4.90% |
| Change | -0.011200 | -0.004667 | -0.001440 | - | +0.001600 | +0.004900 | +0.009835 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 0.187567 | 0.191833 | 0.196167 | 0.200433 | 0.204767 | 0.209033 | 0.213367 |
| Camarilla | 0.198135 | 0.198923 | 0.199712 | 0.200500 | 0.201288 | 0.202077 | 0.202865 |
| Woodie | 0.187600 | 0.191850 | 0.196200 | 0.200450 | 0.204800 | 0.209050 | 0.213400 |
| Fibonacci | 0.191833 | 0.195119 | 0.197148 | 0.200433 | 0.203719 | 0.205748 | 0.209033 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.146033 | 0.157167 | 0.171633 | 0.182767 | 0.197233 | 0.208367 | 0.222833 |
| Camarilla | 0.179060 | 0.181407 | 0.183753 | 0.186100 | 0.188447 | 0.190793 | 0.193140 |
| Woodie | 0.147700 | 0.158000 | 0.173300 | 0.183600 | 0.198900 | 0.209200 | 0.224500 |
| Fibonacci | 0.157167 | 0.166946 | 0.172988 | 0.182767 | 0.192546 | 0.198588 | 0.208367 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.036400 | 0.084200 | 0.109300 | 0.157100 | 0.182200 | 0.230000 | 0.255100 |
| Camarilla | 0.114353 | 0.121035 | 0.127718 | 0.134400 | 0.141083 | 0.147765 | 0.154448 |
| Woodie | 0.025050 | 0.078525 | 0.097950 | 0.151425 | 0.170850 | 0.224325 | 0.243750 |
| Fibonacci | 0.084200 | 0.112048 | 0.129252 | 0.157100 | 0.184948 | 0.202152 | 0.230000 |
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): | 56.90 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 10.169246 | |
| AROON (14): | -7.142857 | |
| DEMA (21): | 0.199669 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.195608 | |
| Elder Ray (13): | 0.001208 | |
| Super Trend (3,10): | 0.195389 | |
| Zig ZAG (10): | 0.200400 | |
| VORTEX (21): | 1.0419 | |
| Stochastique (14,3,5): | 77.42 | |
| TEMA (21): | 0.199325 | |
| Williams %R (14): | -25.81 | |
| Chande Momentum Oscillator (20): | -0.000700 | |
| Repulse (5,40,3): | 0.5742 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0297 | |
| Courbe Coppock: | 1.23 |
| MA7: | 0.194200 | |
| MA20: | 0.179610 | |
| MA50: | 0.161378 | |
| MA100: | 0.173163 | |
| MAexp7: | 0.199472 | |
| MAexp20: | 0.198969 | |
| MAexp50: | 0.197731 | |
| MAexp100: | 0.195624 | |
| Price / MA7: | +3.40% | |
| Price / MA20: | +11.80% | |
| Price / MA50: | +24.43% | |
| Price / MA100: | +15.96% | |
| Price / MAexp7: | +0.67% | |
| Price / MAexp20: | +0.92% | |
| Price / MAexp50: | +1.55% | |
| Price / MAexp100: | +2.65% |
Quotes :
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Real time data
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Cryptocompare