Londinia Opportunities Analyses - 01/28/2023 (GMT) DARWINIA COMMITMENT TOKEN - KTON/USDT - 1H

DARWINIA COMMITMENT TOKEN - KTON/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: KTONUSDT
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 bearish
Underlying: Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 6.76 USDT
My targets
6.39 USDT (-3.77%)
6.02 USDT (-9.34%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DARWINIA COMMITMENT TOKEN - KTON/USDT as long as the price remains well below 6.76 USDT. The sellers' bearish objective is set at 6.39 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.02 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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
7.7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The DARWINIA COMMITMENT TOKEN - KTON/USDT rating is 6.64 USDT. On the day, this instrument gained +0.15% and was between 6.62 USDT and 6.67 USDT. This implies that the price is at +0.30% from its lowest and at -0.45% from its highest.

6.62
6.67
6.64

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

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 this 1H chart of DARWINIA COMMITMENT TOKEN - KTON/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish 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.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 6.02 6.39 6.64 6.76 7.03 7.50
Change (%) -9.34% -3.77% - +1.81% +5.87% +12.95%
Change -0.62 -0.25 - +0.12 +0.39 +0.86
Level Intermediate Intermediate - Minor 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
Standard6.116.346.496.726.877.107.25
Camarilla6.536.566.606.636.676.706.74
Woodie6.066.326.446.706.827.087.20
Fibonacci6.346.496.586.726.876.967.10


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.405.886.587.067.768.248.94
Camarilla6.967.067.177.287.397.507.61
Woodie5.515.946.697.127.878.309.05
Fibonacci5.886.336.617.067.517.798.24


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.903.454.837.388.7611.3112.69
Camarilla5.125.485.846.206.566.927.28
Woodie0.313.164.247.098.1711.0212.10
Fibonacci3.454.965.887.388.899.8111.31

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): 33.40
MACD (12,26,9): -0.0600
Directional Movement: -5.68
AROON (14): -35.71
DEMA (21): 6.71
Parabolic SAR (0,02-0,02-0,2): 7.08
Elder Ray (13): -0.13
Super Trend (3,10): 6.92
Zig ZAG (10): 6.64
VORTEX (21): 0.8800
Stochastique (14,3,5): 15.97
TEMA (21): 6.67
Williams %R (14): -82.74
Chande Momentum Oscillator (20): -0.21
Repulse (5,40,3): -0.9600
ROCnROLL: 2
TRIX (15,9): -0.1300
Courbe Coppock: 3.82
MA7: 7.13
MA20: 6.80
MA50: 6.62
MA100: 6.99
MAexp7: 6.70
MAexp20: 6.84
MAexp50: 6.93
MAexp100: 7.03
Price / MA7: -6.87%
Price / MA20: -2.35%
Price / MA50: +0.30%
Price / MA100: -5.01%
Price / MAexp7: -0.90%
Price / MAexp20: -2.92%
Price / MAexp50: -4.18%
Price / MAexp100: -5.55%

Quotes : - Real time data - Cryptocompare