Londinia Opportunities Analyses - 06/08/2023 (GMT) PHANTASMA (X100000) - SOUL/BTC - 1H

PHANTASMA (X100000) - SOUL/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: SOULBTC
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 bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.433000 BTC
My targets
0.422000 BTC (-1.63%)
0.404000 BTC (-5.83%)
My analysis
The bearish trend is currently very strong for PHANTASMA (X100000) - SOUL/BTC. As long as the price remains below the resistance at 0.433000 BTC, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.422000 BTC. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.404000 BTC as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The PHANTASMA (X100000) - SOUL/BTC rating is 0.429000 BTC. The price registered a decrease of -5.71% on the session with the lowest point at 0.429000 BTC and the highest point at 0.459000 BTC. The deviation from the price is 0% for the low point and -6.54% for the high point.

0.429000
0.459000
0.429000

Here is a more detailed summary of the historical variations registered by PHANTASMA (X100000) - SOUL/BTC:

Technical


Technical analysis of PHANTASMA (X100000) - SOUL/BTC in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.404000 0.422000 0.429000 0.433000 0.445857 0.459133
Change (%) -5.83% -1.63% - +0.93% +3.93% +7.02%
Change -0.025000 -0.007000 - +0.004000 +0.016857 +0.030133
Level Minor Minor - Minor Major Major



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
Standard0.4306670.4383330.4466670.4543330.4626670.4703330.478667
Camarilla0.4506000.4520670.4535330.4550000.4564670.4579330.459400
Woodie0.4310000.4385000.4470000.4545000.4630000.4705000.479000
Fibonacci0.4383330.4444450.4482210.4543330.4604450.4642210.470333


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3433330.3736670.4163330.4466670.4893330.5196670.562333
Camarilla0.4389250.4456170.4523080.4590000.4656920.4723830.479075
Woodie0.3495000.3767500.4225000.4497500.4955000.5227500.568500
Fibonacci0.3736670.4015530.4187810.4466670.4745530.4917810.519667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2416670.3273330.3816670.4673330.5216670.6073330.661667
Camarilla0.3975000.4103330.4231670.4360000.4488330.4616670.474500
Woodie0.2260000.3195000.3660000.4595000.5060000.5995000.646000
Fibonacci0.3273330.3808130.4138530.4673330.5208130.5538530.607333

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): 36.58
MACD (12,26,9): -0.0047
Directional Movement: -11.029864
AROON (14): -14.285714
DEMA (21): 0.435057
Parabolic SAR (0,02-0,02-0,2): 0.448240
Elder Ray (13): -0.006729
Super Trend (3,10): 0.448163
Zig ZAG (10): 0.432000
VORTEX (21): 0.7692
Stochastique (14,3,5): 18.84
TEMA (21): 0.433860
Williams %R (14): -91.30
Chande Momentum Oscillator (20): -0.004000
Repulse (5,40,3): -1.2978
ROCnROLL: 2
TRIX (15,9): -0.1404
Courbe Coppock: 5.82
MA7: 0.454286
MA20: 0.462550
MA50: 0.492360
MA100: 0.609640
MAexp7: 0.436390
MAexp20: 0.441204
MAexp50: 0.448859
MAexp100: 0.453098
Price / MA7: -5.57%
Price / MA20: -7.25%
Price / MA50: -12.87%
Price / MA100: -29.63%
Price / MAexp7: -1.69%
Price / MAexp20: -2.77%
Price / MAexp50: -4.42%
Price / MAexp100: -5.32%

Quotes : - Real time data - Cryptocompare