Londinia Opportunities Analyses - 05/07/2024 (GMT) SINGULARITYDAO - SDAO/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | SDAOUSDT |
| ISIN: |
- 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 0.668794 USDT
My targets
0.691940 USDT (+1.88%)
0.704549 USDT (+3.74%)
My analysis
The bullish trend is currently very strong on SINGULARITYDAO - SDAO/USDT. As long as the price remains above the support at 0.668794 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.691940 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.704549 USDT as an objective. Crossing it would then enable buyers to target 0.733143 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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 SINGULARITYDAO - SDAO/USDT rating is 0.679160 USDT. On the day, this instrument gained +2.24% and was between 0.664219 USDT and 0.692017 USDT. This implies that the price is at +2.25% from its lowest and at -1.86% from its highest.0.664219
0.692017
0.679160
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of SINGULARITYDAO - SDAO/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 market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
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 | 0.618014 | 0.648293 | 0.668794 | 0.679160 | 0.691940 | 0.704549 | 0.733143 |
| Change (%) | -9.00% | -4.54% | -1.53% | - | +1.88% | +3.74% | +7.95% |
| Change | -0.061146 | -0.030867 | -0.010366 | - | +0.012780 | +0.025389 | +0.053983 |
| Level | Major | Intermediate | Minor | - | Minor | Major | 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 | 0.570974 | 0.605748 | 0.635001 | 0.669775 | 0.699028 | 0.733802 | 0.763055 |
| Camarilla | 0.646647 | 0.652516 | 0.658385 | 0.664254 | 0.670123 | 0.675992 | 0.681861 |
| Woodie | 0.568214 | 0.604368 | 0.632241 | 0.668395 | 0.696268 | 0.732422 | 0.760295 |
| Fibonacci | 0.605748 | 0.630206 | 0.645317 | 0.669775 | 0.694233 | 0.709344 | 0.733802 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.397061 | 0.486546 | 0.563435 | 0.652920 | 0.729809 | 0.819294 | 0.896183 |
| Camarilla | 0.594570 | 0.609821 | 0.625072 | 0.640323 | 0.655574 | 0.670825 | 0.686076 |
| Woodie | 0.390762 | 0.483397 | 0.557136 | 0.649771 | 0.723510 | 0.816145 | 0.889884 |
| Fibonacci | 0.486546 | 0.550101 | 0.589366 | 0.652920 | 0.716475 | 0.755740 | 0.819294 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008338 | 0.292310 | 0.456351 | 0.740323 | 0.904364 | 1.188336 | 1.352377 |
| Camarilla | 0.497189 | 0.538257 | 0.579325 | 0.620393 | 0.661461 | 0.702529 | 0.743597 |
| Woodie | -0.051627 | 0.262327 | 0.396387 | 0.710340 | 0.844400 | 1.158353 | 1.292413 |
| Fibonacci | 0.292310 | 0.463451 | 0.569182 | 0.740323 | 0.911464 | 1.017195 | 1.188336 |
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): | 58.22 | |
| MACD (12,26,9): | 0.0052 | |
| Directional Movement: | 17.325612 | |
| AROON (14): | 71.428572 | |
| DEMA (21): | 0.677921 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.655098 | |
| Elder Ray (13): | 0.007551 | |
| Super Trend (3,10): | 0.662310 | |
| Zig ZAG (10): | 0.680736 | |
| VORTEX (21): | 1.0970 | |
| Stochastique (14,3,5): | 82.15 | |
| TEMA (21): | 0.678282 | |
| Williams %R (14): | -28.76 | |
| Chande Momentum Oscillator (20): | 0.023319 | |
| Repulse (5,40,3): | 0.3417 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0838 | |
| Courbe Coppock: | 0.15 |
| MA7: | 0.647455 | |
| MA20: | 0.672494 | |
| MA50: | 0.794780 | |
| MA100: | 0.706300 | |
| MAexp7: | 0.677455 | |
| MAexp20: | 0.671323 | |
| MAexp50: | 0.661810 | |
| MAexp100: | 0.652659 | |
| Price / MA7: | +4.90% | |
| Price / MA20: | +0.99% | |
| Price / MA50: | -14.55% | |
| Price / MA100: | -3.84% | |
| Price / MAexp7: | +0.25% | |
| Price / MAexp20: | +1.17% | |
| Price / MAexp50: | +2.62% | |
| Price / MAexp100: | +4.06% |
Quotes :
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Real time data
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Cryptocompare