Londinia Opportunities Analyses - 04/26/2024 (GMT) SUPERRARE - RARE/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | RAREUSDT |
| 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%
72%
17%
My opinion
Bearish under 0.119688 USDT
My targets
0.115907 USDT (-1.77%)
0.099931 USDT (-15.31%)
My analysis
The bearish trend is currently very strong for SUPERRARE - RARE/USDT. As long as the price remains below the resistance at 0.119688 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.115907 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.099931 USDT as an objective. Crossing it would then enable sellers to target 0.092958 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 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
8
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Additional analysis
Quotes
The SUPERRARE - RARE/USDT price is 0.117999 USDT. The price is lower by -5.29% since the last closing with the lowest point at 0.116914 USDT and the highest point at 0.124787 USDT. The deviation from the price is +0.93% for the low point and -5.44% for the high point.0.116914
0.124787
0.117999
Here is a more detailed summary of the historical variations registered by SUPERRARE - RARE/USDT:
Technical
Technical analysis of SUPERRARE - RARE/USDT in 1H shows a overall strongly bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently positioned bearish. 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
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.064854 | 0.092958 | 0.115907 | 0.117999 | 0.119688 | 0.123835 | 0.131773 |
| Change (%) | -45.04% | -21.22% | -1.77% | - | +1.43% | +4.95% | +11.67% |
| Change | -0.053145 | -0.025041 | -0.002092 | - | +0.001689 | +0.005836 | +0.013774 |
| Level | Minor | Major | Major | - | Major | 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 | 0.114585 | 0.117148 | 0.120871 | 0.123434 | 0.127157 | 0.129720 | 0.133443 |
| Camarilla | 0.122866 | 0.123443 | 0.124019 | 0.124595 | 0.125171 | 0.125747 | 0.126324 |
| Woodie | 0.115166 | 0.117438 | 0.121452 | 0.123724 | 0.127738 | 0.130010 | 0.134024 |
| Fibonacci | 0.117148 | 0.119549 | 0.121032 | 0.123434 | 0.125835 | 0.127318 | 0.129720 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.089343 | 0.099931 | 0.119411 | 0.129999 | 0.149479 | 0.160067 | 0.179547 |
| Camarilla | 0.130621 | 0.133378 | 0.136134 | 0.138890 | 0.141646 | 0.144403 | 0.147159 |
| Woodie | 0.093788 | 0.102154 | 0.123856 | 0.132222 | 0.153924 | 0.162290 | 0.183992 |
| Fibonacci | 0.099931 | 0.111417 | 0.118513 | 0.129999 | 0.141485 | 0.148581 | 0.160067 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.051507 | 0.098706 | 0.144966 | 0.192165 | 0.238425 | 0.285624 | 0.331884 |
| Camarilla | 0.165525 | 0.174092 | 0.182659 | 0.191226 | 0.199793 | 0.208360 | 0.216927 |
| Woodie | 0.051038 | 0.098471 | 0.144497 | 0.191930 | 0.237956 | 0.285389 | 0.331415 |
| Fibonacci | 0.098706 | 0.134407 | 0.156464 | 0.192165 | 0.227866 | 0.249923 | 0.285624 |
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): | 32.63 | |
| MACD (12,26,9): | -0.0016 | |
| Directional Movement: | -22.087455 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.118556 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.119920 | |
| Elder Ray (13): | -0.001715 | |
| Super Trend (3,10): | 0.122443 | |
| Zig ZAG (10): | 0.118197 | |
| VORTEX (21): | 0.7744 | |
| Stochastique (14,3,5): | 16.86 | |
| TEMA (21): | 0.118073 | |
| Williams %R (14): | -80.55 | |
| Chande Momentum Oscillator (20): | -0.005202 | |
| Repulse (5,40,3): | -0.2240 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1433 | |
| Courbe Coppock: | 7.90 |
| MA7: | 0.129603 | |
| MA20: | 0.137463 | |
| MA50: | 0.162035 | |
| MA100: | 0.141259 | |
| MAexp7: | 0.118758 | |
| MAexp20: | 0.120488 | |
| MAexp50: | 0.123207 | |
| MAexp100: | 0.125883 | |
| Price / MA7: | -8.95% | |
| Price / MA20: | -14.16% | |
| Price / MA50: | -27.18% | |
| Price / MA100: | -16.47% | |
| Price / MAexp7: | -0.64% | |
| Price / MAexp20: | -2.07% | |
| Price / MAexp50: | -4.23% | |
| Price / MAexp100: | -6.26% |
Quotes :
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Real time data
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Cryptocompare