Londinia Opportunities Analyses - 05/08/2024 (GMT) PROPEL TOKEN - PEL/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | PELUSDT |
| 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 bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.007394 USDT
My targets
0.007599 USDT (+1.60%)
0.008435 USDT (+12.78%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PROPEL TOKEN - PEL/USDT as long as the price remains well above 0.007394 USDT. The buyers' bullish objective is set at 0.007599 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.008435 USDT. If there is any crossing, the next objective would be the resistance located at 0.008994 USDT. 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, 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
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Additional analysis
Quotes
The PROPEL TOKEN - PEL/USDT price is 0.007479 USDT. On the day, this instrument gained +9.58% and was traded between 0.006541 USDT and 0.007893 USDT over the period. The price is currently at +14.34% from its lowest and -5.25% from its highest.0.006541
0.007893
0.007479
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 PROPEL TOKEN - PEL/USDT chart shows a strongly bullish trend. 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 does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
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 | 0.006884 | 0.007087 | 0.007394 | 0.007479 | 0.007599 | 0.008994 | 0.011167 |
| Change (%) | -7.96% | -5.24% | -1.14% | - | +1.60% | +20.26% | +49.31% |
| Change | -0.000595 | -0.000392 | -0.000085 | - | +0.000120 | +0.001515 | +0.003688 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005867 | 0.006097 | 0.006461 | 0.006691 | 0.007055 | 0.007285 | 0.007649 |
| Camarilla | 0.006662 | 0.006716 | 0.006771 | 0.006825 | 0.006880 | 0.006934 | 0.006988 |
| Woodie | 0.005934 | 0.006131 | 0.006528 | 0.006725 | 0.007122 | 0.007319 | 0.007716 |
| Fibonacci | 0.006097 | 0.006324 | 0.006464 | 0.006691 | 0.006918 | 0.007058 | 0.007285 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004459 | 0.005285 | 0.006034 | 0.006860 | 0.007609 | 0.008435 | 0.009184 |
| Camarilla | 0.006350 | 0.006494 | 0.006639 | 0.006783 | 0.006927 | 0.007072 | 0.007216 |
| Woodie | 0.004421 | 0.005266 | 0.005996 | 0.006841 | 0.007571 | 0.008416 | 0.009146 |
| Fibonacci | 0.005285 | 0.005887 | 0.006258 | 0.006860 | 0.007462 | 0.007833 | 0.008435 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000410 | 0.003045 | 0.004789 | 0.008244 | 0.009988 | 0.013443 | 0.015187 |
| Camarilla | 0.005103 | 0.005580 | 0.006056 | 0.006533 | 0.007010 | 0.007486 | 0.007963 |
| Woodie | -0.001266 | 0.002617 | 0.003934 | 0.007816 | 0.009133 | 0.013015 | 0.014332 |
| Fibonacci | 0.003045 | 0.005031 | 0.006258 | 0.008244 | 0.010230 | 0.011457 | 0.013443 |
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): | 63.81 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 34.242956 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.007281 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006710 | |
| Elder Ray (13): | 0.000269 | |
| Super Trend (3,10): | 0.007014 | |
| Zig ZAG (10): | 0.007293 | |
| VORTEX (21): | 1.2280 | |
| Stochastique (14,3,5): | 65.04 | |
| TEMA (21): | 0.007421 | |
| Williams %R (14): | -44.38 | |
| Chande Momentum Oscillator (20): | 0.000592 | |
| Repulse (5,40,3): | -1.8500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3656 | |
| Courbe Coppock: | 15.51 |
| MA7: | 0.006665 | |
| MA20: | 0.007261 | |
| MA50: | 0.008258 | |
| MA100: | 0.008263 | |
| MAexp7: | 0.007268 | |
| MAexp20: | 0.007005 | |
| MAexp50: | 0.006749 | |
| MAexp100: | 0.006656 | |
| Price / MA7: | +12.21% | |
| Price / MA20: | +3.00% | |
| Price / MA50: | -9.43% | |
| Price / MA100: | -9.49% | |
| Price / MAexp7: | +2.90% | |
| Price / MAexp20: | +6.77% | |
| Price / MAexp50: | +10.82% | |
| Price / MAexp100: | +12.36% |
Quotes :
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Real time data
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