Londinia Opportunities Analyses - 05/07/2024 (GMT) DEFIPULSE INDEX - DPI/ETH - 1H

DEFIPULSE INDEX - DPI/ETH
- ETH (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: DPIETH
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
89%
0%
11%
My opinion
Bullish above 0.033845 ETH
My targets
0.034880 ETH (+2.23%)
0.035940 ETH (+5.33%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DEFIPULSE INDEX - DPI/ETH as long as the price remains well above 0.033845 ETH. The buyers' bullish objective is set at 0.034880 ETH. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.035940 ETH. If there is any crossing, the next objective would be the resistance located at 0.040901 ETH. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The DEFIPULSE INDEX - DPI/ETH price is 0.034120 ETH. On the day, this instrument gained +0.86% and was between 0.030300 ETH and 0.034170 ETH. This implies that the price is at +12.61% from its lowest and at -0.15% from its highest.

0.030300
0.034170
0.034120

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

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


A technical analysis in 1H of this DEFIPULSE INDEX - DPI/ETH chart shows a strongly 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 detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.029730 0.030360 0.033845 0.034120 0.034307 0.034880 0.035940
Change (%) -12.87% -11.02% -0.81% - +0.55% +2.23% +5.33%
Change -0.004390 -0.003760 -0.000275 - +0.000187 +0.000760 +0.001820
Level Major Minor Intermediate - Intermediate Minor 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
Standard0.0271900.0287100.0312700.0327900.0353500.0368700.039430
Camarilla0.0327080.0330820.0334560.0338300.0342040.0345780.034952
Woodie0.0277100.0289700.0317900.0330500.0358700.0371300.039950
Fibonacci0.0287100.0302690.0312310.0327900.0343490.0353110.036870


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0222070.0255630.0281670.0315230.0341270.0374830.040087
Camarilla0.0291310.0296770.0302240.0307700.0313160.0318630.032409
Woodie0.0218300.0253750.0277900.0313350.0337500.0372950.039710
Fibonacci0.0255630.0278400.0292470.0315230.0338000.0352070.037483


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0064070.0170430.0230670.0337030.0397270.0503630.056387
Camarilla0.0245090.0260360.0275630.0290900.0306170.0321440.033672
Woodie0.0041000.0158900.0207600.0325500.0374200.0492100.054080
Fibonacci0.0170430.0234080.0273390.0337030.0400680.0439990.050363

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): 55.63
MACD (12,26,9): 0.0003
Directional Movement: 11.828795
AROON (14): 92.857143
DEMA (21): 0.032868
Parabolic SAR (0,02-0,02-0,2): 0.030527
Elder Ray (13): 0.001454
Super Trend (3,10): 0.034478
Zig ZAG (10): 0.034120
VORTEX (21): 0.9038
Stochastique (14,3,5): 97.52
TEMA (21): 0.033131
Williams %R (14): -1.29
Chande Momentum Oscillator (20): 0.000620
Repulse (5,40,3): 3.7205
ROCnROLL: 1
TRIX (15,9): 0.0812
Courbe Coppock: 6.73
MA7: 0.031929
MA20: 0.031765
MA50: 0.035579
MA100: 0.037378
MAexp7: 0.033019
MAexp20: 0.032491
MAexp50: 0.032184
MAexp100: 0.032027
Price / MA7: +6.86%
Price / MA20: +7.41%
Price / MA50: -4.10%
Price / MA100: -8.72%
Price / MAexp7: +3.33%
Price / MAexp20: +5.01%
Price / MAexp50: +6.02%
Price / MAexp100: +6.54%

Quotes : - Real time data - Cryptocompare