Londinia Opportunities Analyses - 04/26/2024 (GMT) MY DEFI PET - DPET/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | DPETUSDT |
| ISIN: |
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%
67%
22%
My opinion
Bearish under 0.055745 USDT
My targets
0.053473 USDT (-2.92%)
0.052303 USDT (-5.05%)
My analysis
MY DEFI PET - DPET/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.055745 USDT. The next support located at 0.053473 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.052303 USDT. Below this support, sellers could then target 0.045644 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9
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Additional analysis
Quotes
The MY DEFI PET - DPET/USDT price is 0.055082 USDT. The price is lower by -0.96% since the last closing and was between 0.054938 USDT and 0.055861 USDT. This implies that the price is at +0.26% from its lowest and at -1.39% from its highest.0.054938
0.055861
0.055082
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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
Technical analysis of this 1H chart of MY DEFI PET - DPET/USDT indicates that the overall trend is strongly bearish. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
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 | 0.052303 | 0.053473 | 0.054879 | 0.055082 | 0.055745 | 0.056712 | 0.058042 |
| Change (%) | -5.05% | -2.92% | -0.37% | - | +1.20% | +2.96% | +5.37% |
| Change | -0.002779 | -0.001609 | -0.000203 | - | +0.000663 | +0.001630 | +0.002960 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | 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 | 0.053609 | 0.054062 | 0.054838 | 0.055291 | 0.056067 | 0.056520 | 0.057296 |
| Camarilla | 0.055275 | 0.055388 | 0.055500 | 0.055613 | 0.055726 | 0.055838 | 0.055951 |
| Woodie | 0.053770 | 0.054143 | 0.054999 | 0.055372 | 0.056228 | 0.056601 | 0.057457 |
| Fibonacci | 0.054062 | 0.054532 | 0.054822 | 0.055291 | 0.055761 | 0.056051 | 0.056520 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.044684 | 0.047295 | 0.051491 | 0.054102 | 0.058298 | 0.060909 | 0.065105 |
| Camarilla | 0.053816 | 0.054440 | 0.055064 | 0.055688 | 0.056312 | 0.056936 | 0.057560 |
| Woodie | 0.045478 | 0.047691 | 0.052285 | 0.054498 | 0.059092 | 0.061305 | 0.065899 |
| Fibonacci | 0.047295 | 0.049895 | 0.051501 | 0.054102 | 0.056702 | 0.058308 | 0.060909 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.208969 | -0.080561 | 0.006379 | 0.134787 | 0.221727 | 0.350135 | 0.437075 |
| Camarilla | 0.034098 | 0.053839 | 0.073579 | 0.093319 | 0.113059 | 0.132800 | 0.152540 |
| Woodie | -0.229703 | -0.090928 | -0.014355 | 0.124420 | 0.200993 | 0.339768 | 0.416341 |
| Fibonacci | -0.080561 | 0.001702 | 0.052524 | 0.134787 | 0.217050 | 0.267872 | 0.350135 |
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): | 43.02 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 0.132888 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.055131 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.055786 | |
| Elder Ray (13): | -0.000092 | |
| Super Trend (3,10): | 0.056232 | |
| Zig ZAG (10): | 0.055069 | |
| VORTEX (21): | 0.9613 | |
| Stochastique (14,3,5): | 23.00 | |
| TEMA (21): | 0.055211 | |
| Williams %R (14): | -86.24 | |
| Chande Momentum Oscillator (20): | -0.000061 | |
| Repulse (5,40,3): | -0.2132 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0178 | |
| Courbe Coppock: | 0.92 |
| MA7: | 0.055850 | |
| MA20: | 0.057080 | |
| MA50: | 0.060958 | |
| MA100: | 0.052817 | |
| MAexp7: | 0.055179 | |
| MAexp20: | 0.055258 | |
| MAexp50: | 0.055563 | |
| MAexp100: | 0.055841 | |
| Price / MA7: | -1.38% | |
| Price / MA20: | -3.50% | |
| Price / MA50: | -9.64% | |
| Price / MA100: | +4.29% | |
| Price / MAexp7: | -0.18% | |
| Price / MAexp20: | -0.32% | |
| Price / MAexp50: | -0.87% | |
| Price / MAexp100: | -1.36% |
Quotes :
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Real time data
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Cryptocompare