Londinia Opportunities Analyses - 04/30/2024 (GMT) MASK NETWORK - MASK/USDT - 1H

- USDT (-)

- Real time data - Cryptocompare

Type:	Cryptocurrencies
Ticker:	MASKUSDT
ISIN:

Londinia

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%

78%

11%

My opinion

Bearish under 3.31 USDT

My targets

3.24 USDT (-1.22%)

2.94 USDT (-10.37%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MASK NETWORK - MASK/USDT as long as the price remains well below 3.31 USDT. The sellers' bearish objective is set at 3.24 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.94 USDT. In case of crossing, the next objective would be the support located at 2.43 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

8.2

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 MASK NETWORK - MASK/USDT price is 3.28 USDT. The price registered a decrease of -2.96% on the session and was between 3.25 USDT and 3.43 USDT. This implies that the price is at +0.92% from its lowest and at -4.37% from its highest.

3.25

3.43

3.28

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of MASK NETWORK - MASK/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
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

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.43	2.94	3.24	3.28	3.31	3.37	3.56
Change (%)	-25.91%	-10.37%	-1.22%	-	+0.91%	+2.74%	+8.54%
Change	-0.85	-0.34	-0.04	-	+0.03	+0.09	+0.28
Level	Major	Minor	Major	-	Minor	Intermediate	Major

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
Standard	3.17	3.24	3.31	3.38	3.45	3.52	3.59
Camarilla	3.34	3.35	3.37	3.38	3.39	3.41	3.42
Woodie	3.17	3.24	3.31	3.38	3.45	3.52	3.59
Fibonacci	3.24	3.29	3.33	3.38	3.43	3.47	3.52

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.78	3.04	3.25	3.51	3.72	3.98	4.19
Camarilla	3.34	3.38	3.43	3.47	3.51	3.56	3.60
Woodie	2.77	3.03	3.24	3.50	3.71	3.97	4.18
Fibonacci	3.04	3.22	3.33	3.51	3.69	3.80	3.98

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.60	2.77	4.19	5.36	6.78	7.95	9.37
Camarilla	4.90	5.14	5.37	5.61	5.85	6.09	6.32
Woodie	1.73	2.83	4.32	5.42	6.91	8.01	9.50
Fibonacci	2.77	3.76	4.37	5.36	6.35	6.96	7.95

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):	38.69
MACD (12,26,9):	-0.0200
Directional Movement:	-23.48
AROON (14):	-57.15
DEMA (21):	3.33
Parabolic SAR (0,02-0,02-0,2):	3.41
Elder Ray (13):	-0.07
Super Trend (3,10):	3.41
Zig ZAG (10):	3.29
VORTEX (21):	0.9100
Stochastique (14,3,5):	21.74
TEMA (21):	3.33
Williams %R (14):	-80.40
Chande Momentum Oscillator (20):	-0.04
Repulse (5,40,3):	-1.8800
ROCnROLL:	2
TRIX (15,9):	-0.0600
Courbe Coppock:	0.93

MA7:	3.43
MA20:	3.53
MA50:	4.38
MA100:	4.18
MAexp7:	3.33
MAexp20:	3.36
MAexp50:	3.39
MAexp100:	3.42
Price / MA7:	-4.37%
Price / MA20:	-7.08%
Price / MA50:	-25.11%
Price / MA100:	-21.53%
Price / MAexp7:	-1.50%
Price / MAexp20:	-2.38%
Price / MAexp50:	-3.24%
Price / MAexp100:	-4.09%

Quotes : - Real time data - Cryptocompare