Londinia Opportunities Analyses - 05/07/2024 (GMT) POLKA CITY - POLC/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | POLCUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 0.016891 USDT
My targets
0.017943 USDT (+4.34%)
0.020374 USDT (+18.47%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on POLKA CITY - POLC/USDT as long as the price remains well above 0.016891 USDT. The buyers' bullish objective is set at 0.017943 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.020374 USDT. If there is any crossing, the next objective would be the resistance located at 0.022829 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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Additional analysis
Quotes
The POLKA CITY - POLC/USDT price is 0.017197 USDT. On the day, this instrument lost -0.72% and was between 0.016508 USDT and 0.017488 USDT. This implies that the price is at +4.17% from its lowest and at -1.66% from its highest.0.016508
0.017488
0.017197
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of POLKA CITY - POLC/USDT indicates that the overall trend is strongly bullish. 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 is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.014528 | 0.016097 | 0.016891 | 0.017197 | 0.017943 | 0.022829 | 0.026622 |
| Change (%) | -15.52% | -6.40% | -1.78% | - | +4.34% | +32.75% | +54.81% |
| Change | -0.002669 | -0.001100 | -0.000306 | - | +0.000746 | +0.005632 | +0.009425 |
| Level | Major | Major | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014541 | 0.015349 | 0.016335 | 0.017143 | 0.018129 | 0.018937 | 0.019923 |
| Camarilla | 0.016829 | 0.016993 | 0.017158 | 0.017322 | 0.017487 | 0.017651 | 0.017815 |
| Woodie | 0.014631 | 0.015394 | 0.016425 | 0.017188 | 0.018219 | 0.018982 | 0.020013 |
| Fibonacci | 0.015349 | 0.016034 | 0.016457 | 0.017143 | 0.017828 | 0.018251 | 0.018937 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008837 | 0.011112 | 0.013468 | 0.015743 | 0.018099 | 0.020374 | 0.022730 |
| Camarilla | 0.014551 | 0.014975 | 0.015400 | 0.015824 | 0.016249 | 0.016673 | 0.017098 |
| Woodie | 0.008878 | 0.011132 | 0.013509 | 0.015763 | 0.018140 | 0.020394 | 0.022771 |
| Fibonacci | 0.011112 | 0.012881 | 0.013974 | 0.015743 | 0.017512 | 0.018605 | 0.020374 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.002894 | 0.005163 | 0.009868 | 0.017925 | 0.022630 | 0.030687 | 0.035392 |
| Camarilla | 0.011063 | 0.012232 | 0.013402 | 0.014572 | 0.015742 | 0.016912 | 0.018082 |
| Woodie | -0.004571 | 0.004325 | 0.008191 | 0.017087 | 0.020953 | 0.029849 | 0.033715 |
| Fibonacci | 0.005163 | 0.010038 | 0.013050 | 0.017925 | 0.022800 | 0.025812 | 0.030687 |
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): | 58.18 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 6.056875 | |
| AROON (14): | -57.142858 | |
| DEMA (21): | 0.017157 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.016528 | |
| Elder Ray (13): | 0.000092 | |
| Super Trend (3,10): | 0.016170 | |
| Zig ZAG (10): | 0.017194 | |
| VORTEX (21): | 1.0123 | |
| Stochastique (14,3,5): | 55.38 | |
| TEMA (21): | 0.017060 | |
| Williams %R (14): | -32.57 | |
| Chande Momentum Oscillator (20): | -0.000009 | |
| Repulse (5,40,3): | 1.1810 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1195 | |
| Courbe Coppock: | 1.89 |
| MA7: | 0.016017 | |
| MA20: | 0.017208 | |
| MA50: | 0.019384 | |
| MA100: | 0.018546 | |
| MAexp7: | 0.017044 | |
| MAexp20: | 0.017007 | |
| MAexp50: | 0.016706 | |
| MAexp100: | 0.016351 | |
| Price / MA7: | +7.37% | |
| Price / MA20: | -0.06% | |
| Price / MA50: | -11.28% | |
| Price / MA100: | -7.27% | |
| Price / MAexp7: | +0.90% | |
| Price / MAexp20: | +1.12% | |
| Price / MAexp50: | +2.94% | |
| Price / MAexp100: | +5.17% |
Quotes :
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Real time data
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Cryptocompare