Londinia Opportunities Analyses - 06/08/2023 (GMT) MONERO - XMR/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | XMRETH |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 0.077955 ETH
My targets
0.080410 ETH (+1.59%)
0.081159 ETH (+2.54%)
My analysis
MONERO - XMR/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 0.077955 ETH. The next resistance located at 0.080410 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 0.081159 ETH. After this resistance, buyers could then target 0.083779 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
7.1
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The MONERO - XMR/ETH price is 0.079150 ETH. The price registered a decrease of -0.05% on the session with the lowest point at 0.078158 ETH and the highest point at 0.079250 ETH. The deviation from the price is +1.27% for the low point and -0.13% for the high point.0.078158
0.079250
0.079150
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this MONERO - XMR/ETH chart shows a strongly 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 detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.077560 | 0.077955 | 0.078963 | 0.079150 | 0.079600 | 0.080410 | 0.081159 |
| Change (%) | -2.01% | -1.51% | -0.24% | - | +0.57% | +1.59% | +2.54% |
| Change | -0.001590 | -0.001195 | -0.000187 | - | +0.000450 | +0.001260 | +0.002009 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.076103 | 0.076837 | 0.078013 | 0.078747 | 0.079923 | 0.080657 | 0.081833 |
| Camarilla | 0.078665 | 0.078840 | 0.079015 | 0.079190 | 0.079365 | 0.079540 | 0.079715 |
| Woodie | 0.076325 | 0.076948 | 0.078235 | 0.078858 | 0.080145 | 0.080768 | 0.082055 |
| Fibonacci | 0.076837 | 0.077566 | 0.078017 | 0.078747 | 0.079476 | 0.079927 | 0.080657 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.067067 | 0.071679 | 0.075119 | 0.079731 | 0.083171 | 0.087783 | 0.091223 |
| Camarilla | 0.076346 | 0.077084 | 0.077822 | 0.078560 | 0.079298 | 0.080036 | 0.080774 |
| Woodie | 0.066482 | 0.071386 | 0.074534 | 0.079438 | 0.082586 | 0.087490 | 0.090638 |
| Fibonacci | 0.071679 | 0.074755 | 0.076655 | 0.079731 | 0.082807 | 0.084707 | 0.087783 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.065584 | 0.071642 | 0.074746 | 0.080804 | 0.083908 | 0.089966 | 0.093070 |
| Camarilla | 0.075331 | 0.076170 | 0.077010 | 0.077850 | 0.078690 | 0.079530 | 0.080370 |
| Woodie | 0.064107 | 0.070904 | 0.073269 | 0.080066 | 0.082431 | 0.089228 | 0.091593 |
| Fibonacci | 0.071642 | 0.075142 | 0.077304 | 0.080804 | 0.084304 | 0.086466 | 0.089966 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.50 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 5.662329 | |
| AROON (14): | 21.428571 | |
| DEMA (21): | 0.078743 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.079377 | |
| Elder Ray (13): | 0.000133 | |
| Super Trend (3,10): | 0.078097 | |
| Zig ZAG (10): | 0.078936 | |
| VORTEX (21): | 1.0763 | |
| Stochastique (14,3,5): | 45.26 | |
| TEMA (21): | 0.078750 | |
| Williams %R (14): | -39.28 | |
| Chande Momentum Oscillator (20): | -0.000303 | |
| Repulse (5,40,3): | 0.7363 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0240 | |
| Courbe Coppock: | 0.38 |
| MA7: | 0.078256 | |
| MA20: | 0.080507 | |
| MA50: | 0.082050 | |
| MA100: | 0.084785 | |
| MAexp7: | 0.078680 | |
| MAexp20: | 0.078597 | |
| MAexp50: | 0.078421 | |
| MAexp100: | 0.078369 | |
| Price / MA7: | +1.14% | |
| Price / MA20: | -1.69% | |
| Price / MA50: | -3.53% | |
| Price / MA100: | -6.65% | |
| Price / MAexp7: | +0.60% | |
| Price / MAexp20: | +0.70% | |
| Price / MAexp50: | +0.93% | |
| Price / MAexp100: | +1.00% |
Quotes :
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Real time data
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Cryptocompare