Londinia Opportunities Analyses - 06/09/2023 (GMT) QTUM - QTUM/USDT - 1H
Type: | Cryptocurrencies |
Ticker: | QTUMUSDT |
ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
83%
11%
My opinion
Bearish under 2.36 USDT
My targets
2.26 USDT (-3.13%)
2.12 USDT (-9.01%)
My analysis
QTUM - QTUM/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 2.36 USDT. The next support located at 2.26 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 2.12 USDT. Below this support, sellers could then target 1.86 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
8.6
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The QTUM - QTUM/USDT price is 2.33 USDT. The price is lower by -1.27% since the last closing and was between 2.33 USDT and 2.36 USDT. This implies that the price is at 0% from its lowest and at -1.27% from its highest.2.33
2.36
2.33
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of QTUM - QTUM/USDT 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.
In fact, 15 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
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 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.86 | 2.12 | 2.32 | 2.33 | 2.36 | 2.40 | 2.52 |
Change (%) | -20.17% | -9.01% | -0.43% | - | +1.29% | +3.00% | +8.15% |
Change | -0.47 | -0.21 | -0.01 | - | +0.03 | +0.07 | +0.19 |
Level | Major | Minor | Intermediate | - | Major | Intermediate | Minor |
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 |
---|---|---|---|---|---|---|---|
Standard | 2.24 | 2.28 | 2.32 | 2.36 | 2.40 | 2.44 | 2.48 |
Camarilla | 2.34 | 2.35 | 2.35 | 2.36 | 2.37 | 2.38 | 2.38 |
Woodie | 2.24 | 2.28 | 2.32 | 2.36 | 2.40 | 2.44 | 2.48 |
Fibonacci | 2.28 | 2.31 | 2.33 | 2.36 | 2.39 | 2.41 | 2.44 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.26 | 2.40 | 2.54 | 2.68 | 2.82 | 2.96 | 3.10 |
Camarilla | 2.59 | 2.62 | 2.64 | 2.67 | 2.70 | 2.72 | 2.75 |
Woodie | 2.25 | 2.40 | 2.53 | 2.68 | 2.81 | 2.96 | 3.09 |
Fibonacci | 2.40 | 2.51 | 2.58 | 2.68 | 2.79 | 2.86 | 2.96 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.01 | 2.24 | 2.43 | 2.66 | 2.85 | 3.08 | 3.27 |
Camarilla | 2.51 | 2.54 | 2.58 | 2.62 | 2.66 | 2.70 | 2.74 |
Woodie | 1.99 | 2.23 | 2.41 | 2.65 | 2.83 | 3.07 | 3.25 |
Fibonacci | 2.24 | 2.40 | 2.50 | 2.66 | 2.82 | 2.92 | 3.08 |
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): | 37.57 | |
MACD (12,26,9): | -0.0100 | |
Directional Movement: | -12.39 | |
AROON (14): | -78.57 | |
DEMA (21): | 2.34 | |
Parabolic SAR (0,02-0,02-0,2): | 2.38 | |
Elder Ray (13): | -0.02 | |
Super Trend (3,10): | 2.38 | |
Zig ZAG (10): | 2.33 | |
VORTEX (21): | 0.9100 | |
Stochastique (14,3,5): | 18.38 | |
TEMA (21): | 2.34 | |
Williams %R (14): | -98.08 | |
Chande Momentum Oscillator (20): | -0.04 | |
Repulse (5,40,3): | -0.8500 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0600 | |
Courbe Coppock: | 2.59 |
MA7: | 2.48 | |
MA20: | 2.60 | |
MA50: | 2.69 | |
MA100: | 2.88 | |
MAexp7: | 2.34 | |
MAexp20: | 2.35 | |
MAexp50: | 2.38 | |
MAexp100: | 2.44 | |
Price / MA7: | -6.05% | |
Price / MA20: | -10.38% | |
Price / MA50: | -13.38% | |
Price / MA100: | -19.10% | |
Price / MAexp7: | -0.43% | |
Price / MAexp20: | -0.85% | |
Price / MAexp50: | -2.10% | |
Price / MAexp100: | -4.51% |
Quotes :
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Real time data
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