Londinia Opportunities Analyses - 04/26/2024 (GMT) LOOTEX - LOOTEX/USDT - 1H

LOOTEX - LOOTEX/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: LOOTEXUSDT
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
72%
6%
22%
My opinion
Bullish above 0.039792 USDT
My targets
0.040565 USDT (+1.23%)
0.043951 USDT (+9.68%)
My analysis
LOOTEX - LOOTEX/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.039792 USDT. The next resistance located at 0.040565 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.043951 USDT. After this resistance, buyers could then target 0.046378 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.2

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Additional analysis

Quotes

The LOOTEX - LOOTEX/USDT price is 0.040073 USDT. On the day, this instrument gained +1.48% and was between 0.039232 USDT and 0.040331 USDT. This implies that the price is at +2.14% from its lowest and at -0.64% from its highest.

0.039232
0.040331
0.040073

Here is a more detailed summary of the historical variations registered by LOOTEX - LOOTEX/USDT:
Abnormal volumes on LOOTEX - LOOTEX/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of LOOTEX - LOOTEX/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.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

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


S3S2S1PriceR1R2R3
ProTrendLines 0.037199 0.039333 0.039792 0.040073 0.040565 0.043951 0.046378
Change (%) -7.17% -1.85% -0.70% - +1.23% +9.68% +15.73%
Change -0.002874 -0.000740 -0.000281 - +0.000492 +0.003878 +0.006305
Level Minor Intermediate Minor - 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
Standard0.0382240.0387620.0391260.0396640.0400280.0405660.040930
Camarilla0.0392420.0393250.0394070.0394900.0395730.0396550.039738
Woodie0.0381370.0387190.0390390.0396210.0399410.0405230.040843
Fibonacci0.0387620.0391070.0393190.0396640.0400090.0402210.040566


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0296610.0320280.0345390.0369060.0394170.0417840.044295
Camarilla0.0357100.0361570.0366040.0370510.0374980.0379450.038393
Woodie0.0297340.0320640.0346120.0369420.0394900.0418200.044368
Fibonacci0.0320280.0338910.0350420.0369060.0387690.0399200.041784


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0025620.0178370.0297230.0449980.0568840.0721590.084045
Camarilla0.0341410.0366310.0391200.0416100.0441000.0465900.049079
Woodie0.0008690.0169900.0280300.0441510.0551910.0713120.082352
Fibonacci0.0178370.0282120.0346220.0449980.0553730.0617830.072159

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): 59.07
MACD (12,26,9): 0.0001
Directional Movement: -3.292832
AROON (14): 85.714286
DEMA (21): 0.040015
Parabolic SAR (0,02-0,02-0,2): 0.040331
Elder Ray (13): 0.000062
Super Trend (3,10): 0.039293
Zig ZAG (10): 0.040078
VORTEX (21): 1.0735
Stochastique (14,3,5): 49.79
TEMA (21): 0.040048
Williams %R (14): -39.21
Chande Momentum Oscillator (20): 0.000211
Repulse (5,40,3): 0.2943
ROCnROLL: 1
TRIX (15,9): 0.0252
Courbe Coppock: 1.37
MA7: 0.038475
MA20: 0.038485
MA50: 0.040923
MA100: 0.038078
MAexp7: 0.040006
MAexp20: 0.039912
MAexp50: 0.039713
MAexp100: 0.039177
Price / MA7: +4.15%
Price / MA20: +4.13%
Price / MA50: -2.08%
Price / MA100: +5.24%
Price / MAexp7: +0.17%
Price / MAexp20: +0.40%
Price / MAexp50: +0.91%
Price / MAexp100: +2.29%

Quotes : - Real time data - Cryptocompare