Londinia Opportunities Analyses - 04/27/2024 (GMT) LOOM NETWORK - LOOM/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | LOOMUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 0.094539 USDT
My targets
0.103883 USDT (+5.99%)
0.114077 USDT (+16.39%)
My analysis
LOOM NETWORK - LOOM/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 0.094539 USDT. The next resistance located at 0.103883 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 0.114077 USDT. After this resistance, buyers could then target 0.142900 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, 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
7.9
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Additional analysis
Quotes
LOOM NETWORK - LOOM/USDT rating 0.098009 USDT. The price has increased by +10.17% since the last closing and was between 0.086555 USDT and 0.104823 USDT. This implies that the price is at +13.23% from its lowest and at -6.50% from its highest.0.086555
0.104823
0.098009
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this LOOM NETWORK - LOOM/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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 strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
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 | 0.086170 | 0.088616 | 0.091795 | 0.098009 | 0.114077 | 0.142900 | 0.166200 |
| Change (%) | -12.08% | -9.58% | -6.34% | - | +16.39% | +45.80% | +69.58% |
| Change | -0.011839 | -0.009393 | -0.006214 | - | +0.016068 | +0.044891 | +0.068191 |
| Level | Intermediate | Intermediate | Major | - | Major | Intermediate | 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 | 0.077930 | 0.080547 | 0.084753 | 0.087370 | 0.091576 | 0.094193 | 0.098399 |
| Camarilla | 0.087084 | 0.087709 | 0.088335 | 0.088960 | 0.089585 | 0.090211 | 0.090836 |
| Woodie | 0.078726 | 0.080944 | 0.085549 | 0.087767 | 0.092372 | 0.094590 | 0.099195 |
| Fibonacci | 0.080547 | 0.083153 | 0.084763 | 0.087370 | 0.089976 | 0.091586 | 0.094193 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.061244 | 0.066113 | 0.075457 | 0.080326 | 0.089670 | 0.094539 | 0.103883 |
| Camarilla | 0.080891 | 0.082194 | 0.083497 | 0.084800 | 0.086103 | 0.087406 | 0.088709 |
| Woodie | 0.063481 | 0.067232 | 0.077694 | 0.081445 | 0.091907 | 0.095658 | 0.106120 |
| Fibonacci | 0.066113 | 0.071543 | 0.074897 | 0.080326 | 0.085756 | 0.089110 | 0.094539 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029414 | 0.059400 | 0.088925 | 0.118911 | 0.148436 | 0.178422 | 0.207947 |
| Camarilla | 0.102086 | 0.107541 | 0.112996 | 0.118451 | 0.123906 | 0.129361 | 0.134817 |
| Woodie | 0.029185 | 0.059285 | 0.088696 | 0.118796 | 0.148207 | 0.178307 | 0.207718 |
| Fibonacci | 0.059400 | 0.082133 | 0.096178 | 0.118911 | 0.141644 | 0.155689 | 0.178422 |
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): | 64.32 | |
| MACD (12,26,9): | 0.0029 | |
| Directional Movement: | 29.499380 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.095678 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.094887 | |
| Elder Ray (13): | 0.001538 | |
| Super Trend (3,10): | 0.089636 | |
| Zig ZAG (10): | 0.095517 | |
| VORTEX (21): | 1.1707 | |
| Stochastique (14,3,5): | 51.94 | |
| TEMA (21): | 0.097402 | |
| Williams %R (14): | -50.46 | |
| Chande Momentum Oscillator (20): | 0.006606 | |
| Repulse (5,40,3): | -2.5405 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4003 | |
| Courbe Coppock: | 20.77 |
| MA7: | 0.087134 | |
| MA20: | 0.087170 | |
| MA50: | 0.102471 | |
| MA100: | 0.099264 | |
| MAexp7: | 0.095528 | |
| MAexp20: | 0.091805 | |
| MAexp50: | 0.088745 | |
| MAexp100: | 0.086707 | |
| Price / MA7: | +12.48% | |
| Price / MA20: | +12.43% | |
| Price / MA50: | -4.35% | |
| Price / MA100: | -1.26% | |
| Price / MAexp7: | +2.60% | |
| Price / MAexp20: | +6.76% | |
| Price / MAexp50: | +10.44% | |
| Price / MAexp100: | +13.03% |
Quotes :
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Real time data
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Cryptocompare