Londinia Opportunities Analyses - 05/04/2024 (GMT) PROPY (X100) - PRO/BTC - 1H
| Type: | Cryptocurrencies |
| Ticker: | PROBTC |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.004982 BTC
My targets
0.005599 BTC (+8.53%)
0.006002 BTC (+16.35%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PROPY (X100) - PRO/BTC as long as the price remains well above 0.004982 BTC. The buyers' bullish objective is set at 0.005599 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.006002 BTC. If there is any crossing, the next objective would be the resistance located at 0.006183 BTC. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.6
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Additional analysis
Quotes
The PROPY (X100) - PRO/BTC rating is 0.005159 BTC. The price registered an increase of +10.24% on the session and was traded between 0.004676 BTC and 0.005159 BTC over the period. The price is currently at +10.33% from its lowest and 0% from its highest.0.004676
0.005159
0.005159
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
A technical analysis in 1H of this PROPY (X100) - PRO/BTC chart shows a strongly 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.004411 | 0.004617 | 0.004721 | 0.005159 | 0.005599 | 0.006183 | 0.009854 |
| Change (%) | -14.50% | -10.51% | -8.49% | - | +8.53% | +19.85% | +91.01% |
| Change | -0.000748 | -0.000542 | -0.000438 | - | +0.000440 | +0.001024 | +0.004695 |
| Level | Major | Minor | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004069 | 0.004217 | 0.004448 | 0.004596 | 0.004827 | 0.004975 | 0.005206 |
| Camarilla | 0.004576 | 0.004611 | 0.004645 | 0.004680 | 0.004715 | 0.004750 | 0.004784 |
| Woodie | 0.004112 | 0.004238 | 0.004491 | 0.004617 | 0.004870 | 0.004996 | 0.005249 |
| Fibonacci | 0.004217 | 0.004361 | 0.004451 | 0.004596 | 0.004740 | 0.004830 | 0.004975 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002942 | 0.003578 | 0.003962 | 0.004598 | 0.004982 | 0.005618 | 0.006002 |
| Camarilla | 0.004067 | 0.004160 | 0.004254 | 0.004347 | 0.004441 | 0.004534 | 0.004628 |
| Woodie | 0.002817 | 0.003515 | 0.003837 | 0.004535 | 0.004857 | 0.005555 | 0.005877 |
| Fibonacci | 0.003578 | 0.003967 | 0.004208 | 0.004598 | 0.004987 | 0.005228 | 0.005618 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000360 | 0.001225 | 0.002689 | 0.004274 | 0.005738 | 0.007323 | 0.008787 |
| Camarilla | 0.003314 | 0.003593 | 0.003873 | 0.004152 | 0.004432 | 0.004711 | 0.004991 |
| Woodie | -0.000422 | 0.001195 | 0.002628 | 0.004244 | 0.005677 | 0.007293 | 0.008726 |
| Fibonacci | 0.001225 | 0.002390 | 0.003110 | 0.004274 | 0.005439 | 0.006159 | 0.007323 |
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): | 61.39 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 13.438299 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.005055 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.004854 | |
| Elder Ray (13): | 0.000058 | |
| Super Trend (3,10): | 0.004852 | |
| Zig ZAG (10): | 0.005046 | |
| VORTEX (21): | 1.1090 | |
| Stochastique (14,3,5): | 87.73 | |
| TEMA (21): | 0.005054 | |
| Williams %R (14): | -6.91 | |
| Chande Momentum Oscillator (20): | 0.000192 | |
| Repulse (5,40,3): | 0.5315 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2395 | |
| Courbe Coppock: | 4.29 |
| MA7: | 0.004418 | |
| MA20: | 0.004613 | |
| MA50: | 0.003647 | |
| MA100: | 0.002325 | |
| MAexp7: | 0.005017 | |
| MAexp20: | 0.004939 | |
| MAexp50: | 0.004785 | |
| MAexp100: | 0.004627 | |
| Price / MA7: | +16.77% | |
| Price / MA20: | +11.84% | |
| Price / MA50: | +41.46% | |
| Price / MA100: | +121.89% | |
| Price / MAexp7: | +2.83% | |
| Price / MAexp20: | +4.45% | |
| Price / MAexp50: | +7.82% | |
| Price / MAexp100: | +11.50% |
Quotes :
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Real time data
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Cryptocompare