Londinia Opportunities Analyses - 06/08/2023 (GMT) CHRONO.TECH - TIME/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | TIMEETH |
| ISIN: |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.011790 ETH
My targets
0.011187 ETH (-2.81%)
0.010383 ETH (-9.79%)
My analysis
CHRONO.TECH - TIME/ETH is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.011790 ETH. The next support located at 0.011187 ETH is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.010383 ETH. Below this support, sellers could then target 0.006548 ETH. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The CHRONO.TECH - TIME/ETH rating is 0.011510 ETH. On the day, this instrument lost -0.35% and was traded between 0.011300 ETH and 0.012070 ETH over the period. The price is currently at +1.86% from its lowest and -4.64% from its highest.0.011300
0.012070
0.011510
Here is a more detailed summary of the historical variations registered by CHRONO.TECH - TIME/ETH:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHRONO.TECH - TIME/ETH indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
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:
Near support of channel
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.006548 | 0.011510 | 0.011790 | 0.012641 | 0.012940 |
| Change (%) | -43.11% | - | +2.43% | +9.83% | +12.42% |
| Change | -0.004962 | - | +0.000280 | +0.001131 | +0.001430 |
| Level | Intermediate | - | Major | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010030 | 0.010770 | 0.011160 | 0.011900 | 0.012290 | 0.013030 | 0.013420 |
| Camarilla | 0.011239 | 0.011343 | 0.011446 | 0.011550 | 0.011654 | 0.011757 | 0.011861 |
| Woodie | 0.009855 | 0.010683 | 0.010985 | 0.011813 | 0.012115 | 0.012943 | 0.013245 |
| Fibonacci | 0.010770 | 0.011202 | 0.011468 | 0.011900 | 0.012332 | 0.012598 | 0.013030 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.009057 | 0.010383 | 0.011187 | 0.012513 | 0.013317 | 0.014643 | 0.015447 |
| Camarilla | 0.011404 | 0.011600 | 0.011795 | 0.011990 | 0.012185 | 0.012381 | 0.012576 |
| Woodie | 0.008795 | 0.010253 | 0.010925 | 0.012383 | 0.013055 | 0.014513 | 0.015185 |
| Fibonacci | 0.010383 | 0.011197 | 0.011700 | 0.012513 | 0.013327 | 0.013830 | 0.014643 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.025777 | -0.007033 | 0.002613 | 0.021357 | 0.031003 | 0.049747 | 0.059393 |
| Camarilla | 0.004453 | 0.007055 | 0.009658 | 0.012260 | 0.014862 | 0.017465 | 0.020067 |
| Woodie | -0.030325 | -0.009308 | -0.001935 | 0.019083 | 0.026455 | 0.047473 | 0.054845 |
| Fibonacci | -0.007033 | 0.003812 | 0.010512 | 0.021357 | 0.032202 | 0.038902 | 0.049747 |
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): | 44.81 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 13.914590 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.011515 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.011822 | |
| Elder Ray (13): | -0.000078 | |
| Super Trend (3,10): | 0.012088 | |
| Zig ZAG (10): | 0.011510 | |
| VORTEX (21): | 0.8676 | |
| Stochastique (14,3,5): | 26.84 | |
| TEMA (21): | 0.011513 | |
| Williams %R (14): | -72.73 | |
| Chande Momentum Oscillator (20): | -0.000160 | |
| Repulse (5,40,3): | 0.3742 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0970 | |
| Courbe Coppock: | 1.60 |
| MA7: | 0.011993 | |
| MA20: | 0.012605 | |
| MA50: | 0.015751 | |
| MA100: | 0.020006 | |
| MAexp7: | 0.011541 | |
| MAexp20: | 0.011633 | |
| MAexp50: | 0.011807 | |
| MAexp100: | 0.011974 | |
| Price / MA7: | -4.03% | |
| Price / MA20: | -8.69% | |
| Price / MA50: | -26.93% | |
| Price / MA100: | -42.47% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -1.06% | |
| Price / MAexp50: | -2.52% | |
| Price / MAexp100: | -3.88% |
Quotes :
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Real time data
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