Londinia Opportunities Analyses - 01/28/2023 (GMT) PHANTASMA (X10000) - SOUL/ETH - 1H

PHANTASMA (X10000) - SOUL/ETH
- ETH (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: SOULETH
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
78%
11%
11%
My opinion
Bullish above 1.22 ETH
My targets
1.24 ETH (+0.81%)
1.30 ETH (+5.69%)
My analysis
PHANTASMA (X10000) - SOUL/ETH 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 1.22 ETH. The next resistance located at 1.24 ETH 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 1.30 ETH. After this resistance, buyers could then target 1.50 ETH. 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, 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
8.2

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Additional analysis

Quotes

PHANTASMA (X10000) - SOUL/ETH rating 1.23 ETH. The price has increased by +2.50% since the last closing and was between 1.13 ETH and 1.24 ETH. This implies that the price is at +8.85% from its lowest and at -0.81% from its highest.

1.13
1.24
1.23

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

Technical


Technical analysis of PHANTASMA (X10000) - SOUL/ETH in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.14 1.18 1.22 1.23 1.24 1.30 1.50
Change (%) -7.32% -4.07% -0.81% - +0.81% +5.69% +21.95%
Change -0.09 -0.05 -0.01 - +0.01 +0.07 +0.27
Level Minor Intermediate Intermediate - Minor Minor 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
Standard1.011.061.131.181.251.301.37
Camarilla1.171.181.191.201.211.221.23
Woodie1.021.071.141.191.261.311.38
Fibonacci1.061.111.131.181.231.251.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.670.800.951.081.231.361.51
Camarilla1.021.051.071.101.131.151.18
Woodie0.680.810.961.091.241.371.52
Fibonacci0.800.910.971.081.191.251.36


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.220.470.821.071.421.672.02
Camarilla1.011.061.121.171.231.281.34
Woodie0.270.500.871.101.471.702.07
Fibonacci0.470.700.841.071.301.441.67

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): 57.46
MACD (12,26,9): 0.0100
Directional Movement: -21.24
AROON (14): 92.86
DEMA (21): 1.22
Parabolic SAR (0,02-0,02-0,2): 1.17
Elder Ray (13): 0.02
Super Trend (3,10): 1.12
Zig ZAG (10): 1.23
VORTEX (21): 1.0600
Stochastique (14,3,5): 96.06
TEMA (21): 1.23
Williams %R (14): -7.27
Chande Momentum Oscillator (20): 0.02
Repulse (5,40,3): 1.6000
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 5.13
MA7: 1.15
MA20: 1.11
MA50: 1.15
MA100: 1.23
MAexp7: 1.22
MAexp20: 1.21
MAexp50: 1.20
MAexp100: 1.17
Price / MA7: +6.96%
Price / MA20: +10.81%
Price / MA50: +6.96%
Price / MA100: -0%
Price / MAexp7: +0.82%
Price / MAexp20: +1.65%
Price / MAexp50: +2.50%
Price / MAexp100: +5.13%

Quotes : - Real time data - Cryptocompare