Londinia Opportunities Analyses - 06/10/2023 (GMT) TRUSTSWAP - SWAP/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | SWAPUSDT |
| 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 0.183000 USDT
My targets
0.172100 USDT (-3.69%)
0.151933 USDT (-14.98%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TRUSTSWAP - SWAP/USDT as long as the price remains well below 0.183000 USDT. The sellers' bearish objective is set at 0.172100 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.151933 USDT. In case of crossing, the next objective would be the support located at 0.110767 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
8.4
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
TRUSTSWAP - SWAP/USDT rating 0.178700 USDT. The price is lower by -2.99% since the last closing with the lowest point at 0.177800 USDT and the highest point at 0.187000 USDT. The deviation from the price is +0.51% for the low point and -4.44% for the high point.0.177800
0.187000
0.178700
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on TRUSTSWAP - SWAP/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of TRUSTSWAP - SWAP/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
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
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.178700 | 0.183000 | 0.192986 | 0.199160 |
| Change (%) | - | +2.41% | +7.99% | +11.45% |
| Change | - | +0.004300 | +0.014286 | +0.020460 |
| Level | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.173267 | 0.177333 | 0.180767 | 0.184833 | 0.188267 | 0.192333 | 0.195767 |
| Camarilla | 0.182138 | 0.182825 | 0.183513 | 0.184200 | 0.184888 | 0.185575 | 0.186263 |
| Woodie | 0.172950 | 0.177175 | 0.180450 | 0.184675 | 0.187950 | 0.192175 | 0.195450 |
| Fibonacci | 0.177333 | 0.180198 | 0.181968 | 0.184833 | 0.187698 | 0.189468 | 0.192333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.110767 | 0.151933 | 0.180067 | 0.221233 | 0.249367 | 0.290533 | 0.318667 |
| Camarilla | 0.189143 | 0.195495 | 0.201848 | 0.208200 | 0.214553 | 0.220905 | 0.227258 |
| Woodie | 0.104250 | 0.148675 | 0.173550 | 0.217975 | 0.242850 | 0.287275 | 0.312150 |
| Fibonacci | 0.151933 | 0.178406 | 0.194761 | 0.221233 | 0.247706 | 0.264061 | 0.290533 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.058000 | 0.132700 | 0.172100 | 0.246800 | 0.286200 | 0.360900 | 0.400300 |
| Camarilla | 0.180123 | 0.190582 | 0.201041 | 0.211500 | 0.221959 | 0.232418 | 0.242878 |
| Woodie | 0.040350 | 0.123875 | 0.154450 | 0.237975 | 0.268550 | 0.352075 | 0.382650 |
| Fibonacci | 0.132700 | 0.176286 | 0.203214 | 0.246800 | 0.290386 | 0.317314 | 0.360900 |
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): | 22.35 | |
| MACD (12,26,9): | -0.0014 | |
| Directional Movement: | -3.364521 | |
| AROON (14): | -42.857142 | |
| DEMA (21): | 0.181486 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.186150 | |
| Elder Ray (13): | -0.002777 | |
| Super Trend (3,10): | 0.187225 | |
| Zig ZAG (10): | 0.179600 | |
| VORTEX (21): | 0.9125 | |
| Stochastique (14,3,5): | 10.72 | |
| TEMA (21): | 0.181044 | |
| Williams %R (14): | -93.55 | |
| Chande Momentum Oscillator (20): | -0.005500 | |
| Repulse (5,40,3): | -1.4531 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0605 | |
| Courbe Coppock: | 4.27 |
| MA7: | 0.191086 | |
| MA20: | 0.209290 | |
| MA50: | 0.237698 | |
| MA100: | 0.285442 | |
| MAexp7: | 0.181354 | |
| MAexp20: | 0.183129 | |
| MAexp50: | 0.185688 | |
| MAexp100: | 0.189798 | |
| Price / MA7: | -6.48% | |
| Price / MA20: | -14.62% | |
| Price / MA50: | -24.82% | |
| Price / MA100: | -37.40% | |
| Price / MAexp7: | -1.46% | |
| Price / MAexp20: | -2.42% | |
| Price / MAexp50: | -3.76% | |
| Price / MAexp100: | -5.85% |
Quotes :
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Real time data
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