Londinia Opportunities Analyses - 06/08/2023 (GMT) MASK NETWORK - MASK/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | MASKUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 4.02 USDT
My targets
3.90 USDT (-2.26%)
3.68 USDT (-7.77%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MASK NETWORK - MASK/USDT as long as the price remains well below 4.02 USDT. The sellers' bearish objective is set at 3.90 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.68 USDT. In case of crossing, the next objective would be the support located at 2.82 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.2
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The MASK NETWORK - MASK/USDT price is 3.99 USDT. The price is lower by -2.21% since the last closing with the lowest point at 3.96 USDT and the highest point at 4.11 USDT. The deviation from the price is +0.76% for the low point and -2.92% for the high point.3.96
4.11
3.99
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of MASK NETWORK - MASK/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.82 | 3.68 | 3.90 | 3.99 | 4.02 | 4.18 | 4.41 |
| Change (%) | -29.32% | -7.77% | -2.26% | - | +0.75% | +4.76% | +10.53% |
| Change | -1.17 | -0.31 | -0.09 | - | +0.03 | +0.19 | +0.42 |
| Level | Minor | Minor | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.67 | 3.84 | 3.96 | 4.13 | 4.25 | 4.42 | 4.54 |
| Camarilla | 4.00 | 4.03 | 4.05 | 4.08 | 4.11 | 4.13 | 4.16 |
| Woodie | 3.65 | 3.83 | 3.94 | 4.12 | 4.23 | 4.41 | 4.52 |
| Fibonacci | 3.84 | 3.95 | 4.02 | 4.13 | 4.24 | 4.31 | 4.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.12 | 3.56 | 4.01 | 4.45 | 4.90 | 5.34 | 5.79 |
| Camarilla | 4.21 | 4.29 | 4.37 | 4.45 | 4.53 | 4.61 | 4.70 |
| Woodie | 3.12 | 3.56 | 4.01 | 4.45 | 4.90 | 5.34 | 5.79 |
| Fibonacci | 3.56 | 3.90 | 4.11 | 4.45 | 4.79 | 5.00 | 5.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.19 | 2.84 | 3.61 | 4.26 | 5.03 | 5.68 | 6.45 |
| Camarilla | 4.00 | 4.13 | 4.26 | 4.39 | 4.52 | 4.65 | 4.78 |
| Woodie | 2.26 | 2.87 | 3.68 | 4.29 | 5.10 | 5.71 | 6.52 |
| Fibonacci | 2.84 | 3.38 | 3.71 | 4.26 | 4.80 | 5.13 | 5.68 |
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): | 36.23 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -18.77 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 4.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.10 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 4.13 | |
| Zig ZAG (10): | 3.98 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 26.98 | |
| TEMA (21): | 4.01 | |
| Williams %R (14): | -83.78 | |
| Chande Momentum Oscillator (20): | -0.09 | |
| Repulse (5,40,3): | -1.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 2.64 |
| MA7: | 4.26 | |
| MA20: | 4.27 | |
| MA50: | 4.32 | |
| MA100: | 4.66 | |
| MAexp7: | 4.03 | |
| MAexp20: | 4.07 | |
| MAexp50: | 4.12 | |
| MAexp100: | 4.20 | |
| Price / MA7: | -6.34% | |
| Price / MA20: | -6.56% | |
| Price / MA50: | -7.64% | |
| Price / MA100: | -14.38% | |
| Price / MAexp7: | -0.99% | |
| Price / MAexp20: | -1.97% | |
| Price / MAexp50: | -3.16% | |
| Price / MAexp100: | -5.00% |
Quotes :
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Real time data
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Cryptocompare