Londinia Opportunities Analyses - 06/09/2023 (GMT) GSENETWORK (X1000) - GSE/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | GSEUSDT |
| 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
6%
78%
17%
My opinion
Bearish under 0.025230 USDT
My targets
0.024383 USDT (-2.31%)
0.023267 USDT (-6.78%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GSENETWORK (X1000) - GSE/USDT as long as the price remains well below 0.025230 USDT. The sellers' bearish objective is set at 0.024383 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.023267 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
8.4
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
GSENETWORK (X1000) - GSE/USDT rating 0.024960 USDT. The price registered a decrease of -0.91% on the session and was between 0.024920 USDT and 0.025220 USDT. This implies that the price is at +0.16% from its lowest and at -1.03% from its highest.0.024920
0.025220
0.024960
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
A technical analysis in 1H of this GSENETWORK (X1000) - GSE/USDT chart shows a sharp 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.
Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:
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 market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.024960 | 0.025230 | 0.025631 | 0.026342 |
| Change (%) | - | +1.08% | +2.69% | +5.54% |
| Change | - | +0.000270 | +0.000671 | +0.001382 |
| Level | - | Minor | Intermediate | Major |
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 | 0.024200 | 0.024590 | 0.024890 | 0.025280 | 0.025580 | 0.025970 | 0.026270 |
| Camarilla | 0.025000 | 0.025064 | 0.025127 | 0.025190 | 0.025253 | 0.025317 | 0.025380 |
| Woodie | 0.024155 | 0.024568 | 0.024845 | 0.025258 | 0.025535 | 0.025948 | 0.026225 |
| Fibonacci | 0.024590 | 0.024854 | 0.025016 | 0.025280 | 0.025544 | 0.025706 | 0.025970 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.023267 | 0.024383 | 0.025527 | 0.026643 | 0.027787 | 0.028903 | 0.030047 |
| Camarilla | 0.026049 | 0.026256 | 0.026463 | 0.026670 | 0.026877 | 0.027084 | 0.027292 |
| Woodie | 0.023280 | 0.024390 | 0.025540 | 0.026650 | 0.027800 | 0.028910 | 0.030060 |
| Fibonacci | 0.024383 | 0.025247 | 0.025780 | 0.026643 | 0.027507 | 0.028040 | 0.028903 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000590 | 0.012320 | 0.019630 | 0.032540 | 0.039850 | 0.052760 | 0.060070 |
| Camarilla | 0.021380 | 0.023233 | 0.025087 | 0.026940 | 0.028794 | 0.030647 | 0.032501 |
| Woodie | -0.003390 | 0.010920 | 0.016830 | 0.031140 | 0.037050 | 0.051360 | 0.057270 |
| Fibonacci | 0.012320 | 0.020044 | 0.024816 | 0.032540 | 0.040264 | 0.045036 | 0.052760 |
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): | 35.74 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -11.798714 | |
| AROON (14): | -57.142858 | |
| DEMA (21): | 0.025007 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.025409 | |
| Elder Ray (13): | -0.000119 | |
| Super Trend (3,10): | 0.025642 | |
| Zig ZAG (10): | 0.024950 | |
| VORTEX (21): | 0.8966 | |
| Stochastique (14,3,5): | 7.56 | |
| TEMA (21): | 0.024964 | |
| Williams %R (14): | -90.67 | |
| Chande Momentum Oscillator (20): | -0.000460 | |
| Repulse (5,40,3): | -0.7102 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0660 | |
| Courbe Coppock: | 3.54 |
| MA7: | 0.025951 | |
| MA20: | 0.026594 | |
| MA50: | 0.027292 | |
| MA100: | 0.028175 | |
| MAexp7: | 0.025040 | |
| MAexp20: | 0.025202 | |
| MAexp50: | 0.025447 | |
| MAexp100: | 0.025736 | |
| Price / MA7: | -3.82% | |
| Price / MA20: | -6.14% | |
| Price / MA50: | -8.54% | |
| Price / MA100: | -11.41% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | -0.96% | |
| Price / MAexp50: | -1.91% | |
| Price / MAexp100: | -3.02% |
Quotes :
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Real time data
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Cryptocompare