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 0.034307 ETH
My targets
0.034880 ETH (+0.90%)
0.035940 ETH (+3.96%)
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 0.034307 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. 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 rating is 0.034570 ETH. On the day, this instrument gained +2.19% and was between 0.029790 ETH and 0.034570 ETH. This implies that the price is at +16.05% from its lowest and at 0% from its highest.

0.029790
0.034570
0.034570

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



Here is a more detailed summary of the historical variations registered by DEFIPULSE INDEX - DPI/ETH:

Technical


Technical analysis of this 1H chart of DEFIPULSE INDEX - DPI/ETH indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.030360 0.033845 0.034307 0.034570 0.034880 0.035940 0.040901
Change (%) -12.18% -2.10% -0.76% - +0.90% +3.96% +18.31%
Change -0.004210 -0.000725 -0.000263 - +0.000310 +0.001370 +0.006331
Level Minor Intermediate Intermediate - Minor Minor Minor



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

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 56.11
MACD (12,26,9): 0.0005
Directional Movement: 10.684490
AROON (14): 92.857143
DEMA (21): 0.033552
Parabolic SAR (0,02-0,02-0,2): 0.030546
Elder Ray (13): 0.001180
Super Trend (3,10): 0.030990
Zig ZAG (10): 0.034470
VORTEX (21): 1.1515
Stochastique (14,3,5): 98.31
TEMA (21): 0.033847
Williams %R (14): -1.68
Chande Momentum Oscillator (20): 0.000540
Repulse (5,40,3): 3.4346
ROCnROLL: 1
TRIX (15,9): 0.1274
Courbe Coppock: 11.47
MA7: 0.031979
MA20: 0.031780
MA50: 0.035586
MA100: 0.037382
MAexp7: 0.033656
MAexp20: 0.033023
MAexp50: 0.032533
MAexp100: 0.032253
Price / MA7: +8.10%
Price / MA20: +8.78%
Price / MA50: -2.86%
Price / MA100: -7.52%
Price / MAexp7: +2.72%
Price / MAexp20: +4.68%
Price / MAexp50: +6.26%
Price / MAexp100: +7.18%

Quotes : - Real time data - Cryptocompare