Londinia Opportunities Analyses - 04/23/2024 (GMT) AUTO - AUTO/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | AUTOUSDT |
| ISIN: |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 18.63 USDT
My targets
20.16 USDT (+4.84%)
20.96 USDT (+9.00%)
My analysis
AUTO - AUTO/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 18.63 USDT. The next resistance located at 20.16 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 20.96 USDT. After this resistance, buyers could then target 24.23 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
Additional analysis
Quotes
The AUTO - AUTO/USDT price is 19.23 USDT. The price registered an increase of +0.73% on the session and was traded between 19.05 USDT and 19.26 USDT over the period. The price is currently at +0.94% from its lowest and -0.16% from its highest.19.05
19.26
19.23
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:
Technical
Technical analysis of AUTO - AUTO/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.19 | 18.63 | 19.20 | 19.23 | 20.16 | 20.96 | 24.23 |
| Change (%) | -5.41% | -3.12% | -0.16% | - | +4.84% | +9.00% | +26.00% |
| Change | -1.04 | -0.60 | -0.03 | - | +0.93 | +1.73 | +5.00 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 | 17.47 | 17.99 | 18.54 | 19.06 | 19.61 | 20.13 | 20.68 |
| Camarilla | 18.80 | 18.89 | 18.99 | 19.09 | 19.19 | 19.29 | 19.38 |
| Woodie | 17.49 | 18.00 | 18.56 | 19.07 | 19.63 | 20.14 | 20.70 |
| Fibonacci | 17.99 | 18.40 | 18.65 | 19.06 | 19.47 | 19.72 | 20.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.77 | 15.77 | 17.21 | 18.21 | 19.65 | 20.65 | 22.09 |
| Camarilla | 17.97 | 18.19 | 18.42 | 18.64 | 18.86 | 19.09 | 19.31 |
| Woodie | 14.98 | 15.88 | 17.42 | 18.32 | 19.86 | 20.76 | 22.30 |
| Fibonacci | 15.77 | 16.71 | 17.28 | 18.21 | 19.15 | 19.72 | 20.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.05 | 14.50 | 18.36 | 23.81 | 27.67 | 33.12 | 36.98 |
| Camarilla | 19.67 | 20.52 | 21.38 | 22.23 | 23.08 | 23.94 | 24.79 |
| Woodie | 8.27 | 14.10 | 17.58 | 23.41 | 26.89 | 32.72 | 36.20 |
| Fibonacci | 14.50 | 18.05 | 20.25 | 23.81 | 27.36 | 29.56 | 33.12 |
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): | 55.38 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 2.97 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 19.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.53 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 19.62 | |
| Zig ZAG (10): | 19.16 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 59.29 | |
| TEMA (21): | 19.06 | |
| Williams %R (14): | -38.77 | |
| Chande Momentum Oscillator (20): | 0.21 | |
| Repulse (5,40,3): | 1.2200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 2.53 |
| MA7: | 18.36 | |
| MA20: | 18.84 | |
| MA50: | 21.54 | |
| MA100: | 21.74 | |
| MAexp7: | 19.10 | |
| MAexp20: | 19.03 | |
| MAexp50: | 18.86 | |
| MAexp100: | 18.60 | |
| Price / MA7: | +4.74% | |
| Price / MA20: | +2.07% | |
| Price / MA50: | -10.72% | |
| Price / MA100: | -11.55% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | +1.05% | |
| Price / MAexp50: | +1.96% | |
| Price / MAexp100: | +3.39% |
Quotes :
-
Real time data
-
Cryptocompare