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

- USDT (-)

- Real time data - Cryptocompare

Type:	Cryptocurrencies
Ticker:	DEGOUSDT
ISIN:

Londinia

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

83%

11%

My opinion

Bullish above 1.98 USDT

My targets

2.10 USDT (+4.48%)

2.33 USDT (+15.77%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DEGO FINANCE - DEGO/USDT as long as the price remains well above 1.98 USDT. The buyers' bullish objective is set at 2.10 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.33 USDT. If there is any crossing, the next objective would be the resistance located at 2.68 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

8.6

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

DEGO FINANCE - DEGO/USDT rating 2.01 USDT. On the day, this instrument gained +1.01% with the lowest point at 1.98 USDT and the highest point at 2.02 USDT. The deviation from the price is +1.52% for the low point and -0.50% for the high point.

1.98

2.02

2.01

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of DEGO FINANCE - DEGO/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.78	1.93	1.98	2.01	2.10	2.68	2.82
Change (%)	-11.44%	-3.98%	-1.49%	-	+4.48%	+33.33%	+40.30%
Change	-0.23	-0.08	-0.03	-	+0.09	+0.67	+0.81
Level	Intermediate	Major	Intermediate	-	Intermediate	Intermediate	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
Standard	1.73	1.81	1.90	1.98	2.07	2.15	2.24
Camarilla	1.94	1.96	1.97	1.99	2.01	2.02	2.04
Woodie	1.74	1.81	1.91	1.98	2.08	2.15	2.25
Fibonacci	1.81	1.88	1.92	1.98	2.05	2.09	2.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.34	1.49	1.67	1.82	2.00	2.15	2.33
Camarilla	1.75	1.78	1.81	1.84	1.87	1.90	1.93
Woodie	1.35	1.50	1.68	1.83	2.01	2.16	2.34
Fibonacci	1.49	1.62	1.70	1.82	1.95	2.03	2.15

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.61	1.04	1.29	1.72	1.97	2.40	2.65
Camarilla	1.35	1.42	1.48	1.54	1.60	1.67	1.73
Woodie	0.52	1.00	1.20	1.68	1.88	2.36	2.56
Fibonacci	1.04	1.30	1.46	1.72	1.98	2.14	2.40

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):	57.00
MACD (12,26,9):	0.0200
Directional Movement:	16.34
AROON (14):	21.43
DEMA (21):	2.01
Parabolic SAR (0,02-0,02-0,2):	1.96
Elder Ray (13):	0.02
Super Trend (3,10):	1.94
Zig ZAG (10):	2.02
VORTEX (21):	1.1300
Stochastique (14,3,5):	51.08
TEMA (21):	2.01
Williams %R (14):	-41.05
Chande Momentum Oscillator (20):	0.05
Repulse (5,40,3):	0.9700
ROCnROLL:	1
TRIX (15,9):	0.1200
Courbe Coppock:	3.69

MA7:	1.93
MA20:	1.81
MA50:	1.70
MA100:	1.70
MAexp7:	2.00
MAexp20:	1.99
MAexp50:	1.96
MAexp100:	1.93
Price / MA7:	+4.15%
Price / MA20:	+11.05%
Price / MA50:	+18.24%
Price / MA100:	+18.24%
Price / MAexp7:	+0.50%
Price / MAexp20:	+1.01%
Price / MAexp50:	+2.55%
Price / MAexp100:	+4.15%

Quotes : - Real time data - Cryptocompare