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

SUSHI - SUSHI/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: SUSHIUSDT
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
72%
0%
28%
My opinion
Bullish above 1.34 USDT
My targets
1.38 USDT (+2.22%)
1.41 USDT (+4.44%)
My analysis
SUSHI - SUSHI/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.34 USDT. The next resistance located at 1.38 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.41 USDT. After this resistance, buyers could then target 1.58 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The SUSHI - SUSHI/USDT rating is 1.35 USDT. The price registered an increase of +0.00% on the session and was between 1.34 USDT and 1.37 USDT. This implies that the price is at +0.75% from its lowest and at -1.46% from its highest.

1.34
1.37
1.35

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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


Technical analysis of this 1H chart of SUSHI - SUSHI/USDT indicates that the overall trend is strongly bullish. 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 market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.22 1.28 1.34 1.35 1.38 1.41 1.58
Change (%) -9.63% -5.19% -0.74% - +2.22% +4.44% +17.04%
Change -0.13 -0.07 -0.01 - +0.03 +0.06 +0.23
Level Minor Major Major - Intermediate Minor Major



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
Standard1.201.241.291.331.381.421.47
Camarilla1.331.331.341.351.361.371.38
Woodie1.221.241.311.331.401.421.49
Fibonacci1.241.271.291.331.361.381.42


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.951.051.171.271.391.491.61
Camarilla1.241.261.281.301.321.341.36
Woodie0.971.061.191.281.411.501.63
Fibonacci1.051.131.181.271.351.401.49


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.510.710.811.011.111.311.41
Camarilla0.840.870.890.920.950.981.00
Woodie0.470.690.770.991.071.291.37
Fibonacci0.710.820.891.011.121.191.31

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): 60.28
MACD (12,26,9): 0.0100
Directional Movement: 9.68
AROON (14): 78.57
DEMA (21): 1.35
Parabolic SAR (0,02-0,02-0,2): 1.32
Elder Ray (13): 0.01
Super Trend (3,10): 1.30
Zig ZAG (10): 1.35
VORTEX (21): 1.1100
Stochastique (14,3,5): 79.96
TEMA (21): 1.35
Williams %R (14): -16.44
Chande Momentum Oscillator (20): 0.03
Repulse (5,40,3): 0.0100
ROCnROLL: 1
TRIX (15,9): 0.1100
Courbe Coppock: 6.01
MA7: 1.32
MA20: 1.24
MA50: 1.10
MA100: 1.25
MAexp7: 1.35
MAexp20: 1.33
MAexp50: 1.32
MAexp100: 1.31
Price / MA7: +2.27%
Price / MA20: +8.87%
Price / MA50: +22.73%
Price / MA100: +8.00%
Price / MAexp7: -0%
Price / MAexp20: +1.50%
Price / MAexp50: +2.27%
Price / MAexp100: +3.05%

Quotes : - Real time data - Cryptocompare