Londinia Opportunities Analyses - 03/30/2023 (GMT) DECENTRALIZED SOCIAL - DESO/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | DESOUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 10.17 USDT
My targets
10.43 USDT (+1.26%)
10.56 USDT (+2.52%)
My analysis
DECENTRALIZED SOCIAL - DESO/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 10.17 USDT. The next resistance located at 10.43 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 10.56 USDT. After this resistance, buyers could then target 15.07 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
DECENTRALIZED SOCIAL - DESO/USDT rating 10.30 USDT. The price has increased by +3.62% since the last closing and was traded between 9.89 USDT and 10.42 USDT over the period. The price is currently at +4.15% from its lowest and -1.15% from its highest.9.89
10.42
10.30
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of DECENTRALIZED SOCIAL - DESO/USDT in 1H shows a strongly overall 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.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.52 | 9.87 | 10.17 | 10.30 | 10.43 | 10.56 | 15.07 |
| Change (%) | -7.57% | -4.17% | -1.26% | - | +1.26% | +2.52% | +46.31% |
| Change | -0.78 | -0.43 | -0.13 | - | +0.13 | +0.26 | +4.77 |
| Level | Minor | Minor | Minor | - | Intermediate | Major | 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 | 8.93 | 9.23 | 9.58 | 9.88 | 10.23 | 10.53 | 10.88 |
| Camarilla | 9.76 | 9.82 | 9.88 | 9.94 | 10.00 | 10.06 | 10.12 |
| Woodie | 8.97 | 9.24 | 9.62 | 9.89 | 10.27 | 10.54 | 10.92 |
| Fibonacci | 9.23 | 9.48 | 9.63 | 9.88 | 10.13 | 10.28 | 10.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.38 | 8.15 | 8.88 | 9.65 | 10.38 | 11.15 | 11.88 |
| Camarilla | 9.19 | 9.33 | 9.46 | 9.60 | 9.74 | 9.88 | 10.01 |
| Woodie | 7.35 | 8.14 | 8.85 | 9.64 | 10.35 | 11.14 | 11.85 |
| Fibonacci | 8.15 | 8.73 | 9.08 | 9.65 | 10.23 | 10.58 | 11.15 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.75 | 7.02 | 8.12 | 9.39 | 10.49 | 11.76 | 12.86 |
| Camarilla | 8.57 | 8.79 | 9.00 | 9.22 | 9.44 | 9.66 | 9.87 |
| Woodie | 5.67 | 6.98 | 8.04 | 9.35 | 10.41 | 11.72 | 12.78 |
| Fibonacci | 7.02 | 7.93 | 8.49 | 9.39 | 10.30 | 10.86 | 11.76 |
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): | 55.66 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 13.85 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 10.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.09 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 9.90 | |
| Zig ZAG (10): | 10.22 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 69.37 | |
| TEMA (21): | 10.29 | |
| Williams %R (14): | -44.64 | |
| Chande Momentum Oscillator (20): | -0.05 | |
| Repulse (5,40,3): | -0.8200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 4.55 |
| MA7: | 9.86 | |
| MA20: | 9.46 | |
| MA50: | 9.32 | |
| MA100: | 8.83 | |
| MAexp7: | 10.24 | |
| MAexp20: | 10.16 | |
| MAexp50: | 10.07 | |
| MAexp100: | 9.97 | |
| Price / MA7: | +4.46% | |
| Price / MA20: | +8.88% | |
| Price / MA50: | +10.52% | |
| Price / MA100: | +16.65% | |
| Price / MAexp7: | +0.59% | |
| Price / MAexp20: | +1.38% | |
| Price / MAexp50: | +2.28% | |
| Price / MAexp100: | +3.31% |
Quotes :
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Real time data
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