Londinia Opportunities Analyses - 04/24/2024 (GMT) SENATE - SENATE/USDT - 1H

SENATE - SENATE/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: SENATEUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 0.100493 USDT
My targets
0.104958 USDT (+2.75%)
0.112802 USDT (+10.43%)
My analysis
The basic bullish trend is very strong on SENATE - SENATE/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.100493 USDT. Crossing the first resistance at 0.104958 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.112802 USDT as an objective. Crossing it would then enable buyers to target 0.119870 USDT. Caution, a return to below 0.100493 USDT would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5

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

SENATE - SENATE/USDT rating 0.102150 USDT. On the day, this instrument gained +2.22% with the lowest point at 0.097520 USDT and the highest point at 0.102170 USDT. The deviation from the price is +4.75% for the low point and -0.02% for the high point.

0.097520
0.102170
0.102150

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SENATE - SENATE/USDT:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of SENATE - SENATE/USDT indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. 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, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.094043 0.097973 0.100493 0.102150 0.104958 0.112802 0.119870
Change (%) -7.94% -4.09% -1.62% - +2.75% +10.43% +17.35%
Change -0.008107 -0.004177 -0.001657 - +0.002808 +0.010652 +0.017720
Level Intermediate Intermediate 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
Standard0.0925330.0955970.0977630.1008270.1029930.1060570.108223
Camarilla0.0984920.0989710.0994510.0999300.1004090.1008890.101368
Woodie0.0920850.0953730.0973150.1006030.1025450.1058330.107775
Fibonacci0.0955970.0975950.0988290.1008270.1028250.1040590.106057


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0541730.0727470.0878330.1064070.1214930.1400670.155153
Camarilla0.0936640.0967490.0998350.1029200.1060060.1090910.112177
Woodie0.0524300.0718750.0860900.1055350.1197500.1391950.153410
Fibonacci0.0727470.0856050.0935490.1064070.1192650.1272090.140067


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0139230.0342230.0848970.1330430.1837170.2318630.282537
Camarilla0.1083950.1174530.1265120.1355700.1446290.1536870.162746
Woodie-0.0126600.0348550.0861600.1336750.1849800.2324950.283800
Fibonacci0.0342230.0719730.0952940.1330430.1707930.1941140.231863

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): 57.55
MACD (12,26,9): 0.0002
Directional Movement: 16.149569
AROON (14): -64.285714
DEMA (21): 0.100914
Parabolic SAR (0,02-0,02-0,2): 0.097786
Elder Ray (13): 0.001342
Super Trend (3,10): 0.098441
Zig ZAG (10): 0.102150
VORTEX (21): 1.0579
Stochastique (14,3,5): 78.59
TEMA (21): 0.100974
Williams %R (14): -10.10
Chande Momentum Oscillator (20): 0.001080
Repulse (5,40,3): 1.4867
ROCnROLL: 1
TRIX (15,9): 0.0055
Courbe Coppock: 2.75
MA7: 0.099393
MA20: 0.108683
MA50: 0.116290
MA100: 0.134841
MAexp7: 0.101107
MAexp20: 0.100701
MAexp50: 0.100400
MAexp100: 0.100221
Price / MA7: +2.77%
Price / MA20: -6.01%
Price / MA50: -12.16%
Price / MA100: -24.24%
Price / MAexp7: +1.03%
Price / MAexp20: +1.44%
Price / MAexp50: +1.74%
Price / MAexp100: +1.92%

Quotes : - Real time data - Cryptocompare