Londinia Opportunities Analyses - 05/07/2024 (GMT) SAMOYEDCOIN - SAMO/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | SAMOUSDT |
| 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 0.007924 USDT
My targets
0.007494 USDT (-4.12%)
0.007244 USDT (-7.32%)
My analysis
The bearish trend is currently very strong for SAMOYEDCOIN - SAMO/USDT. As long as the price remains below the resistance at 0.007924 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.007494 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.007244 USDT as an objective. Crossing it would then enable sellers to target 0.006789 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 SAMOYEDCOIN - SAMO/USDT price is 0.007816 USDT. The price registered a decrease of -1.82% on the session with the lowest point at 0.007738 USDT and the highest point at 0.008172 USDT. The deviation from the price is +1.01% for the low point and -4.36% for the high point.0.007738
0.008172
0.007816
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of SAMOYEDCOIN - SAMO/USDT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently 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
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.006789 | 0.007244 | 0.007494 | 0.007816 | 0.007924 | 0.008217 | 0.008408 |
| Change (%) | -13.14% | -7.32% | -4.12% | - | +1.38% | +5.13% | +7.57% |
| Change | -0.001027 | -0.000572 | -0.000322 | - | +0.000108 | +0.000401 | +0.000592 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006822 | 0.007291 | 0.007628 | 0.008097 | 0.008434 | 0.008903 | 0.009240 |
| Camarilla | 0.007742 | 0.007816 | 0.007890 | 0.007964 | 0.008038 | 0.008112 | 0.008186 |
| Woodie | 0.006755 | 0.007258 | 0.007561 | 0.008064 | 0.008367 | 0.008870 | 0.009173 |
| Fibonacci | 0.007291 | 0.007599 | 0.007789 | 0.008097 | 0.008405 | 0.008595 | 0.008903 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004718 | 0.005754 | 0.007031 | 0.008067 | 0.009344 | 0.010380 | 0.011657 |
| Camarilla | 0.007673 | 0.007885 | 0.008097 | 0.008309 | 0.008521 | 0.008733 | 0.008945 |
| Woodie | 0.004840 | 0.005814 | 0.007153 | 0.008127 | 0.009466 | 0.010440 | 0.011779 |
| Fibonacci | 0.005754 | 0.006637 | 0.007183 | 0.008067 | 0.008950 | 0.009496 | 0.010380 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004527 | 0.000762 | 0.004118 | 0.009407 | 0.012763 | 0.018052 | 0.021408 |
| Camarilla | 0.005097 | 0.005889 | 0.006682 | 0.007474 | 0.008267 | 0.009059 | 0.009851 |
| Woodie | -0.005494 | 0.000279 | 0.003152 | 0.008924 | 0.011797 | 0.017569 | 0.020442 |
| Fibonacci | 0.000762 | 0.004064 | 0.006105 | 0.009407 | 0.012709 | 0.014750 | 0.018052 |
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): | 36.24 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -17.014252 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.007850 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.008084 | |
| Elder Ray (13): | -0.000101 | |
| Super Trend (3,10): | 0.008054 | |
| Zig ZAG (10): | 0.007803 | |
| VORTEX (21): | 0.9058 | |
| Stochastique (14,3,5): | 10.70 | |
| TEMA (21): | 0.007820 | |
| Williams %R (14): | -85.59 | |
| Chande Momentum Oscillator (20): | -0.000323 | |
| Repulse (5,40,3): | -0.4614 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0915 | |
| Courbe Coppock: | 4.02 |
| MA7: | 0.008000 | |
| MA20: | 0.007633 | |
| MA50: | 0.010256 | |
| MA100: | 0.011650 | |
| MAexp7: | 0.007853 | |
| MAexp20: | 0.007935 | |
| MAexp50: | 0.008023 | |
| MAexp100: | 0.008055 | |
| Price / MA7: | -2.30% | |
| Price / MA20: | +2.40% | |
| Price / MA50: | -23.79% | |
| Price / MA100: | -32.91% | |
| Price / MAexp7: | -0.47% | |
| Price / MAexp20: | -1.50% | |
| Price / MAexp50: | -2.58% | |
| Price / MAexp100: | -2.97% |
Quotes :
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Real time data
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Cryptocompare