Londinia Opportunities Analyses - 04/26/2024 (GMT) FUN TOKEN - FUN/USDT - 1H

FUN TOKEN - FUN/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: FUNUSDT
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
11%
67%
22%
My opinion
Bearish under 0.005361 USDT
My targets
0.005242 USDT (-1.15%)
0.004644 USDT (-12.43%)
My analysis
FUN TOKEN - FUN/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 0.005361 USDT. The next support located at 0.005242 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 0.004644 USDT. Below this support, sellers could then target 0.004582 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9

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

FUN TOKEN - FUN/USDT rating 0.005303 USDT. On the day, this instrument lost -5.94% with the lowest point at 0.005278 USDT and the highest point at 0.005716 USDT. The deviation from the price is +0.47% for the low point and -7.23% for the high point.

0.005278
0.005716
0.005303

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

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 FUN TOKEN - FUN/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.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.003761 0.004582 0.005242 0.005303 0.005361 0.005489 0.005580
Change (%) -29.08% -13.60% -1.15% - +1.09% +3.51% +5.22%
Change -0.001542 -0.000721 -0.000061 - +0.000058 +0.000186 +0.000277
Level Major Minor Major - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0052100.0053290.0054840.0056030.0057580.0058770.006032
Camarilla0.0055630.0055880.0056130.0056380.0056630.0056880.005713
Woodie0.0052270.0053380.0055010.0056120.0057750.0058860.006049
Fibonacci0.0053290.0054340.0054990.0056030.0057080.0057730.005877


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0042440.0046440.0052570.0056570.0062700.0066700.007283
Camarilla0.0055910.0056840.0057770.0058700.0059630.0060560.006149
Woodie0.0043510.0046970.0053640.0057100.0063770.0067230.007390
Fibonacci0.0046440.0050310.0052700.0056570.0060440.0062830.006670


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0033240.0044150.0056730.0067640.0080220.0091130.010371
Camarilla0.0062860.0065010.0067170.0069320.0071470.0073630.007578
Woodie0.0034090.0044570.0057580.0068060.0081070.0091550.010456
Fibonacci0.0044150.0053120.0058660.0067640.0076610.0082150.009113

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): 31.06
MACD (12,26,9): -0.0001
Directional Movement: -14.673896
AROON (14): -64.285714
DEMA (21): 0.005343
Parabolic SAR (0,02-0,02-0,2): 0.005387
Elder Ray (13): -0.000045
Super Trend (3,10): 0.005516
Zig ZAG (10): 0.005348
VORTEX (21): 0.8331
Stochastique (14,3,5): 21.01
TEMA (21): 0.005309
Williams %R (14): -77.85
Chande Momentum Oscillator (20): -0.000193
Repulse (5,40,3): -0.3431
ROCnROLL: 2
TRIX (15,9): -0.1755
Courbe Coppock: 9.09
MA7: 0.005700
MA20: 0.005984
MA50: 0.006294
MA100: 0.006001
MAexp7: 0.005362
MAexp20: 0.005448
MAexp50: 0.005555
MAexp100: 0.005627
Price / MA7: -6.96%
Price / MA20: -11.38%
Price / MA50: -15.75%
Price / MA100: -11.63%
Price / MAexp7: -1.10%
Price / MAexp20: -2.66%
Price / MAexp50: -4.54%
Price / MAexp100: -5.76%

Quotes : - Real time data - Cryptocompare