Londinia Opportunities Analyses - 05/07/2024 (GMT) WADZPAY TOKEN - WTK/USDT - 1H

WADZPAY TOKEN - WTK/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: WTKUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.086556 USDT
My targets
0.096167 USDT (+8.05%)
0.112333 USDT (+26.22%)
My analysis
The bullish trend is currently very strong on WADZPAY TOKEN - WTK/USDT. As long as the price remains above the support at 0.086556 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.096167 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.112333 USDT as an objective. Crossing it would then enable buyers to target 0.144667 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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 WADZPAY TOKEN - WTK/USDT rating is 0.089000 USDT. On the day, this instrument gained +14.10% and was between 0.071100 USDT and 0.094900 USDT. This implies that the price is at +25.18% from its lowest and at -6.22% from its highest.

0.071100
0.094900
0.089000

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of this 1H chart of WADZPAY TOKEN - WTK/USDT indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 0.070000 0.079400 0.086556 0.089000
Change (%) -21.35% -10.79% -2.75% -
Change -0.019000 -0.009600 -0.002444 -
Level Major Minor 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
Standard0.0457000.0556000.0668000.0767000.0879000.0978000.109000
Camarilla0.0721980.0741320.0760660.0780000.0799340.0818680.083803
Woodie0.0463500.0559250.0674500.0770250.0885500.0981250.109650
Fibonacci0.0556000.0636600.0686400.0767000.0847600.0897400.097800


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0008330.0153330.0476670.0638330.0961670.1123330.144667
Camarilla0.0666630.0711080.0755540.0800000.0844460.0888920.093338
Woodie0.0072500.0193750.0557500.0678750.1042500.1163750.152750
Fibonacci0.0153330.0338600.0453060.0638330.0823600.0938060.112333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0062000.0164000.0283000.0385000.0504000.0606000.072500
Camarilla0.0341230.0361480.0381740.0402000.0422260.0442520.046278
Woodie0.0070500.0168250.0291500.0389250.0512500.0610250.073350
Fibonacci0.0164000.0248420.0300580.0385000.0469420.0521580.060600

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): 58.35
MACD (12,26,9): 0.0029
Directional Movement: 13.257091
AROON (14): 71.428572
DEMA (21): 0.087156
Parabolic SAR (0,02-0,02-0,2): 0.080361
Elder Ray (13): 0.002130
Super Trend (3,10): 0.071735
Zig ZAG (10): 0.089000
VORTEX (21): 1.0574
Stochastique (14,3,5): 65.06
TEMA (21): 0.088871
Williams %R (14): -30.10
Chande Momentum Oscillator (20): 0.007100
Repulse (5,40,3): 4.1895
ROCnROLL: 1
TRIX (15,9): 0.4231
Courbe Coppock: 22.29
MA7: 0.069729
MA20: 0.047275
MA50: 0.037050
MA100: 0.033149
MAexp7: 0.087011
MAexp20: 0.083670
MAexp50: 0.079865
MAexp100: 0.074315
Price / MA7: +27.64%
Price / MA20: +88.26%
Price / MA50: +140.22%
Price / MA100: +168.48%
Price / MAexp7: +2.29%
Price / MAexp20: +6.37%
Price / MAexp50: +11.44%
Price / MAexp100: +19.76%

Quotes : - Real time data - Cryptocompare