Londinia Opportunities Analyses - 01/28/2023 (GMT) OXEN - OXEN/USDT - 1H

OXEN - OXEN/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: OXENUSDT
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
67%
6%
28%
My opinion
Bullish above 0.174368 USDT
My targets
0.179880 USDT (+2.32%)
0.197400 USDT (+12.29%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on OXEN - OXEN/USDT as long as the price remains well above 0.174368 USDT. The buyers' bullish objective is set at 0.179880 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.197400 USDT. If there is any crossing, the next objective would be the resistance located at 0.233660 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The OXEN - OXEN/USDT price is 0.175800 USDT. The price registered an increase of +0.52% on the session and was traded between 0.174600 USDT and 0.176300 USDT over the period. The price is currently at +0.69% from its lowest and -0.28% from its highest.

0.174600
0.176300
0.175800

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this OXEN - OXEN/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Central Patterns

Near resistance of triangle

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 0.169000 0.171533 0.174368 0.175800 0.176733 0.179880 0.197400
Change (%) -3.87% -2.43% -0.81% - +0.53% +2.32% +12.29%
Change -0.006800 -0.004267 -0.001432 - +0.000933 +0.004080 +0.021600
Level Major Minor Intermediate - Minor Minor Minor



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
Standard0.1668670.1690330.1719670.1741330.1770670.1792330.182167
Camarilla0.1734980.1739650.1744330.1749000.1753680.1758350.176303
Woodie0.1672500.1692250.1723500.1743250.1774500.1794250.182550
Fibonacci0.1690330.1709820.1721850.1741330.1760820.1772850.179233


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1484670.1555330.1645670.1716330.1806670.1877330.196767
Camarilla0.1691730.1706480.1721240.1736000.1750760.1765520.178028
Woodie0.1494500.1560250.1655500.1721250.1816500.1882250.197750
Fibonacci0.1555330.1616840.1654830.1716330.1777840.1815830.187733


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1340330.1491670.1579330.1730670.1818330.1969670.205733
Camarilla0.1601280.1623180.1645090.1667000.1688910.1710820.173273
Woodie0.1308500.1475750.1547500.1714750.1786500.1953750.202550
Fibonacci0.1491670.1582970.1639370.1730670.1821970.1878370.196967

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): 56.31
MACD (12,26,9): 0.0007
Directional Movement: 2.706684
AROON (14): 35.714286
DEMA (21): 0.175168
Parabolic SAR (0,02-0,02-0,2): 0.173169
Elder Ray (13): 0.001248
Super Trend (3,10): 0.170571
Zig ZAG (10): 0.176200
VORTEX (21): 1.0774
Stochastique (14,3,5): 78.00
TEMA (21): 0.175632
Williams %R (14): -18.00
Chande Momentum Oscillator (20): 0.002000
Repulse (5,40,3): -1.0248
ROCnROLL: -1
TRIX (15,9): 0.0420
Courbe Coppock: 2.61
MA7: 0.172729
MA20: 0.171365
MA50: 0.171202
MA100: 0.182858
MAexp7: 0.175430
MAexp20: 0.174376
MAexp50: 0.173586
MAexp100: 0.172945
Price / MA7: +1.78%
Price / MA20: +2.59%
Price / MA50: +2.69%
Price / MA100: -3.86%
Price / MAexp7: +0.21%
Price / MAexp20: +0.82%
Price / MAexp50: +1.28%
Price / MAexp100: +1.65%

Quotes : - Real time data - Cryptocompare