Londinia Opportunities Analyses - 05/08/2024 (GMT) QTUM - QTUM/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | QTUMUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
78%
17%
My opinion
Bearish under 3.62 USDT
My targets
3.49 USDT (-2.24%)
3.42 USDT (-4.20%)
My analysis
The bearish trend is currently very strong for QTUM - QTUM/USDT. As long as the price remains below the resistance at 3.62 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.49 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.42 USDT as an objective. Crossing it would then enable sellers to target 3.35 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.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.4
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Additional analysis
Quotes
The QTUM - QTUM/USDT price is 3.57 USDT. The price registered a decrease of -0.83% on the session and was between 3.57 USDT and 3.64 USDT. This implies that the price is at 0% from its lowest and at -1.92% from its highest.3.57
3.64
3.57
Here is a more detailed summary of the historical variations registered by QTUM - QTUM/USDT:
Technical
Technical analysis of this 1H chart of QTUM - QTUM/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
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 | 3.35 | 3.42 | 3.49 | 3.57 | 3.62 | 3.74 | 3.81 |
| Change (%) | -6.16% | -4.20% | -2.24% | - | +1.40% | +4.76% | +6.72% |
| Change | -0.22 | -0.15 | -0.08 | - | +0.05 | +0.17 | +0.24 |
| Level | Major | Minor | Major | - | Minor | Intermediate | 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 | 3.36 | 3.47 | 3.54 | 3.65 | 3.72 | 3.83 | 3.90 |
| Camarilla | 3.55 | 3.57 | 3.58 | 3.60 | 3.62 | 3.63 | 3.65 |
| Woodie | 3.33 | 3.46 | 3.51 | 3.64 | 3.69 | 3.82 | 3.87 |
| Fibonacci | 3.47 | 3.54 | 3.59 | 3.65 | 3.72 | 3.77 | 3.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.47 | 2.91 | 3.32 | 3.76 | 4.17 | 4.61 | 5.02 |
| Camarilla | 3.50 | 3.57 | 3.65 | 3.73 | 3.81 | 3.89 | 3.96 |
| Woodie | 2.46 | 2.90 | 3.31 | 3.75 | 4.16 | 4.60 | 5.01 |
| Fibonacci | 2.91 | 3.24 | 3.44 | 3.76 | 4.09 | 4.29 | 4.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.43 | 1.90 | 2.79 | 4.26 | 5.15 | 6.62 | 7.51 |
| Camarilla | 3.03 | 3.25 | 3.46 | 3.68 | 3.90 | 4.11 | 4.33 |
| Woodie | 0.14 | 1.76 | 2.50 | 4.12 | 4.86 | 6.48 | 7.22 |
| Fibonacci | 1.90 | 2.80 | 3.36 | 4.26 | 5.16 | 5.72 | 6.62 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.47 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -19.08 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 3.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.69 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 3.71 | |
| Zig ZAG (10): | 3.58 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 16.26 | |
| TEMA (21): | 3.59 | |
| Williams %R (14): | -95.22 | |
| Chande Momentum Oscillator (20): | -0.11 | |
| Repulse (5,40,3): | -1.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 5.95 |
| MA7: | 3.67 | |
| MA20: | 3.89 | |
| MA50: | 4.22 | |
| MA100: | 4.00 | |
| MAexp7: | 3.61 | |
| MAexp20: | 3.65 | |
| MAexp50: | 3.68 | |
| MAexp100: | 3.70 | |
| Price / MA7: | -2.72% | |
| Price / MA20: | -8.23% | |
| Price / MA50: | -15.40% | |
| Price / MA100: | -10.75% | |
| Price / MAexp7: | -1.11% | |
| Price / MAexp20: | -2.19% | |
| Price / MAexp50: | -2.99% | |
| Price / MAexp100: | -3.51% |
Quotes :
-
Real time data
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