Londinia Opportunities Analyses - 04/26/2024 (GMT) ZYNECOIN - ZYN/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | ZYNUSDT |
| 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 bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.753089 USDT
My targets
0.884930 USDT (+12.25%)
1.081465 USDT (+37.18%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ZYNECOIN - ZYN/USDT as long as the price remains well above 0.753089 USDT. The buyers' bullish objective is set at 0.884930 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.081465 USDT. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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Additional analysis
Quotes
ZYNECOIN - ZYN/USDT rating 0.788346 USDT. The price has increased by +2.54% since the last closing with the lowest point at 0.632914 USDT and the highest point at 0.794584 USDT. The deviation from the price is +24.56% for the low point and -0.79% for the high point.0.632914
0.794584
0.788346
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ZYNECOIN - ZYN/USDT:
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
Technical
Technical analysis of ZYNECOIN - ZYN/USDT in 1H shows a strongly overall bullish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Black gravestone / inverted hammer
Type : Bearish
Timeframe : 1 hour
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.648771 | 0.658069 | 0.679978 | 0.788346 |
| Change (%) | -17.70% | -16.53% | -13.75% | - |
| Change | -0.139575 | -0.130277 | -0.108368 | - |
| Level | Intermediate | Intermediate | Minor | - |
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 | 0.449653 | 0.513491 | 0.641169 | 0.705007 | 0.832685 | 0.896523 | 1.024201 |
| Camarilla | 0.716179 | 0.733735 | 0.751290 | 0.768846 | 0.786402 | 0.803957 | 0.821513 |
| Woodie | 0.481572 | 0.529451 | 0.673088 | 0.720967 | 0.864604 | 0.912483 | 1.056120 |
| Fibonacci | 0.513491 | 0.586650 | 0.631848 | 0.705007 | 0.778166 | 0.823364 | 0.896523 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.096337 | 0.228178 | 0.424713 | 0.556554 | 0.753089 | 0.884930 | 1.081465 |
| Camarilla | 0.530945 | 0.561046 | 0.591147 | 0.621248 | 0.651349 | 0.681450 | 0.711551 |
| Woodie | 0.128684 | 0.244352 | 0.457060 | 0.572728 | 0.785436 | 0.901104 | 1.113812 |
| Fibonacci | 0.228178 | 0.353618 | 0.431114 | 0.556554 | 0.681994 | 0.759490 | 0.884930 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.031340 | 0.046477 | 0.059869 | 0.075006 | 0.088398 | 0.103535 | 0.116927 |
| Camarilla | 0.065417 | 0.068032 | 0.070647 | 0.073262 | 0.075877 | 0.078492 | 0.081108 |
| Woodie | 0.030469 | 0.046041 | 0.058998 | 0.074570 | 0.087527 | 0.103099 | 0.116056 |
| Fibonacci | 0.046477 | 0.057375 | 0.064108 | 0.075006 | 0.085904 | 0.092637 | 0.103535 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 62.61 | |
| MACD (12,26,9): | 0.0346 | |
| Directional Movement: | 15.770878 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.769633 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.691847 | |
| Elder Ray (13): | 0.036238 | |
| Super Trend (3,10): | 0.681130 | |
| Zig ZAG (10): | 0.775620 | |
| VORTEX (21): | 1.1936 | |
| Stochastique (14,3,5): | 86.29 | |
| TEMA (21): | 0.785148 | |
| Williams %R (14): | -7.43 | |
| Chande Momentum Oscillator (20): | 0.128530 | |
| Repulse (5,40,3): | 1.6916 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7197 | |
| Courbe Coppock: | 24.17 |
| MA7: | 0.666156 | |
| MA20: | 0.554012 | |
| MA50: | 0.276822 | |
| MA100: | 0.175393 | |
| MAexp7: | 0.760511 | |
| MAexp20: | 0.725271 | |
| MAexp50: | 0.679651 | |
| MAexp100: | 0.653366 | |
| Price / MA7: | +18.34% | |
| Price / MA20: | +42.30% | |
| Price / MA50: | +184.78% | |
| Price / MA100: | +349.47% | |
| Price / MAexp7: | +3.66% | |
| Price / MAexp20: | +8.70% | |
| Price / MAexp50: | +15.99% | |
| Price / MAexp100: | +20.66% |
Quotes :
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Real time data
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