Londinia Opportunities Analyses - 04/27/2024 (GMT) MAGIC CUBE COIN (X100) - MCC/USDT - 1H

MAGIC CUBE COIN (X100) - MCC/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: MCCUSDT
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%
6%
17%
My opinion
Bullish above 0.012231 USDT
My targets
0.012833 USDT (+2.80%)
0.013729 USDT (+9.97%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MAGIC CUBE COIN (X100) - MCC/USDT as long as the price remains well above 0.012231 USDT. The buyers' bullish objective is set at 0.012833 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.013729 USDT. If there is any crossing, the next objective would be the resistance located at 0.014455 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, 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
8.4

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Additional analysis

Quotes

The MAGIC CUBE COIN (X100) - MCC/USDT price is 0.012484 USDT. The price has increased by +5.70% since the last closing with the lowest point at 0.011836 USDT and the highest point at 0.012484 USDT. The deviation from the price is +5.47% for the low point and 0% for the high point.

0.011836
0.012484
0.012484

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

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 MAGIC CUBE COIN (X100) - MCC/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being 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, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.010079 0.010730 0.012231 0.012484 0.012833 0.014455 0.014940
Change (%) -19.26% -14.05% -2.03% - +2.80% +15.79% +19.67%
Change -0.002405 -0.001754 -0.000253 - +0.000349 +0.001971 +0.002456
Level Major Major Intermediate - Minor Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0089980.0097280.0107700.0115000.0125420.0132720.014314
Camarilla0.0113240.0114860.0116490.0118110.0119730.0121360.012298
Woodie0.0091530.0098060.0109250.0115780.0126970.0133500.014469
Fibonacci0.0097280.0104050.0108230.0115000.0121770.0125950.013272


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0013770.0057010.0081590.0124830.0149410.0192650.021723
Camarilla0.0087520.0093740.0099950.0106170.0112390.0118600.012482
Woodie0.0004440.0052350.0072260.0120170.0140080.0187990.020790
Fibonacci0.0057010.0082920.0098920.0124830.0150740.0166740.019265


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0043950.0072090.0090620.0118760.0137290.0165430.018396
Camarilla0.0096320.0100590.0104870.0109150.0113430.0117710.012198
Woodie0.0039150.0069690.0085820.0116360.0132490.0163030.017916
Fibonacci0.0072090.0089920.0100930.0118760.0136590.0147600.016543

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): 61.21
MACD (12,26,9): 0.0004
Directional Movement: 24.975994
AROON (14): 35.714286
DEMA (21): 0.011873
Parabolic SAR (0,02-0,02-0,2): 0.011032
Elder Ray (13): 0.000233
Super Trend (3,10): 0.010978
Zig ZAG (10): 0.011850
VORTEX (21): 1.1942
Stochastique (14,3,5): 77.30
TEMA (21): 0.012083
Williams %R (14): -22.68
Chande Momentum Oscillator (20): 0.001274
Repulse (5,40,3): -1.1218
ROCnROLL: 1
TRIX (15,9): 0.4269
Courbe Coppock: 24.63
MA7: 0.010816
MA20: 0.011568
MA50: 0.011599
MA100: 0.010737
MAexp7: 0.011820
MAexp20: 0.011364
MAexp50: 0.010922
MAexp100: 0.010736
Price / MA7: +15.42%
Price / MA20: +7.92%
Price / MA50: +7.63%
Price / MA100: +16.27%
Price / MAexp7: +5.62%
Price / MAexp20: +9.86%
Price / MAexp50: +14.30%
Price / MAexp100: +16.28%

Quotes : - Real time data - Cryptocompare