Londinia Opportunities Analyses - 06/09/2023 (GMT) MEDIBLOC - MED/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | MEDUSDT |
| 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 bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.012130 USDT
My targets
0.011700 USDT (-1.93%)
0.010900 USDT (-8.63%)
My analysis
MEDIBLOC - MED/USDT 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 0.012130 USDT. The next support located at 0.011700 USDT 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 0.010900 USDT. 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 confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
MEDIBLOC - MED/USDT rating 0.011930 USDT. The price is lower by -0.33% since the last closing and was between 0.011920 USDT and 0.012050 USDT. This implies that the price is at +0.08% from its lowest and at -1.00% from its highest.0.011920
0.012050
0.011930
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
Here is a more detailed summary of the historical variations registered by MEDIBLOC - MED/USDT:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of MEDIBLOC - MED/USDT indicates that the overall trend is strongly bearish. 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.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.010900 | 0.011700 | 0.011930 | 0.012130 | 0.012773 | 0.013255 |
| Change (%) | -8.63% | -1.93% | - | +1.68% | +7.07% | +11.11% |
| Change | -0.001030 | -0.000230 | - | +0.000200 | +0.000843 | +0.001325 |
| Level | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 0.010627 | 0.011163 | 0.011567 | 0.012103 | 0.012507 | 0.013043 | 0.013447 |
| Camarilla | 0.011712 | 0.011798 | 0.011884 | 0.011970 | 0.012056 | 0.012142 | 0.012229 |
| Woodie | 0.010560 | 0.011130 | 0.011500 | 0.012070 | 0.012440 | 0.013010 | 0.013380 |
| Fibonacci | 0.011163 | 0.011522 | 0.011744 | 0.012103 | 0.012462 | 0.012684 | 0.013043 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011183 | 0.011767 | 0.012383 | 0.012967 | 0.013583 | 0.014167 | 0.014783 |
| Camarilla | 0.012670 | 0.012780 | 0.012890 | 0.013000 | 0.013110 | 0.013220 | 0.013330 |
| Woodie | 0.011200 | 0.011775 | 0.012400 | 0.012975 | 0.013600 | 0.014175 | 0.014800 |
| Fibonacci | 0.011767 | 0.012225 | 0.012508 | 0.012967 | 0.013425 | 0.013708 | 0.014167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006050 | 0.009200 | 0.011070 | 0.014220 | 0.016090 | 0.019240 | 0.021110 |
| Camarilla | 0.011560 | 0.012020 | 0.012480 | 0.012940 | 0.013400 | 0.013860 | 0.014321 |
| Woodie | 0.005410 | 0.008880 | 0.010430 | 0.013900 | 0.015450 | 0.018920 | 0.020470 |
| Fibonacci | 0.009200 | 0.011118 | 0.012302 | 0.014220 | 0.016138 | 0.017322 | 0.019240 |
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): | 42.70 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -13.965048 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.011941 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.012176 | |
| Elder Ray (13): | -0.000037 | |
| Super Trend (3,10): | 0.012482 | |
| Zig ZAG (10): | 0.011970 | |
| VORTEX (21): | 0.9215 | |
| Stochastique (14,3,5): | 32.21 | |
| TEMA (21): | 0.011940 | |
| Williams %R (14): | -84.21 | |
| Chande Momentum Oscillator (20): | -0.000070 | |
| Repulse (5,40,3): | -1.0129 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1325 | |
| Courbe Coppock: | 2.30 |
| MA7: | 0.012459 | |
| MA20: | 0.012969 | |
| MA50: | 0.014429 | |
| MA100: | 0.015855 | |
| MAexp7: | 0.011988 | |
| MAexp20: | 0.012081 | |
| MAexp50: | 0.012276 | |
| MAexp100: | 0.012474 | |
| Price / MA7: | -4.25% | |
| Price / MA20: | -8.01% | |
| Price / MA50: | -17.32% | |
| Price / MA100: | -24.76% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -1.25% | |
| Price / MAexp50: | -2.82% | |
| Price / MAexp100: | -4.36% |
Quotes :
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Real time data
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