Londinia Opportunities Analyses - 05/08/2024 (GMT) SPERAX - SPA/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | SPAUSDT |
| 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
22%
67%
11%
My opinion
Bearish under 0.013950 USDT
My targets
0.013432 USDT (-1.91%)
0.013020 USDT (-4.92%)
My analysis
The bearish trend is currently very strong for SPERAX - SPA/USDT. As long as the price remains below the resistance at 0.013950 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.013432 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.013020 USDT as an objective. Crossing it would then enable sellers to target 0.012696 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 not called into question, despite technical indicators being neutral.
Force
0
10
7.5
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Additional analysis
Quotes
SPERAX - SPA/USDT rating 0.013694 USDT. The price registered a decrease of -1.62% on the session with the lowest point at 0.013668 USDT and the highest point at 0.014017 USDT. The deviation from the price is +0.19% for the low point and -2.30% for the high point.0.013668
0.014017
0.013694
Here is a more detailed summary of the historical variations registered by SPERAX - SPA/USDT:
Technical
A technical analysis in 1H of this SPERAX - SPA/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or 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
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.013020 | 0.013432 | 0.013693 | 0.013694 | 0.013950 | 0.014544 | 0.015007 |
| Change (%) | -4.92% | -1.91% | -0.01% | - | +1.87% | +6.21% | +9.59% |
| Change | -0.000674 | -0.000262 | -0.000001 | - | +0.000256 | +0.000850 | +0.001313 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013015 | 0.013452 | 0.013686 | 0.014123 | 0.014357 | 0.014794 | 0.015028 |
| Camarilla | 0.013736 | 0.013797 | 0.013859 | 0.013920 | 0.013982 | 0.014043 | 0.014105 |
| Woodie | 0.012914 | 0.013401 | 0.013585 | 0.014072 | 0.014256 | 0.014743 | 0.014927 |
| Fibonacci | 0.013452 | 0.013708 | 0.013867 | 0.014123 | 0.014379 | 0.014538 | 0.014794 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010324 | 0.011510 | 0.013109 | 0.014295 | 0.015894 | 0.017080 | 0.018679 |
| Camarilla | 0.013942 | 0.014197 | 0.014453 | 0.014708 | 0.014963 | 0.015219 | 0.015474 |
| Woodie | 0.010531 | 0.011613 | 0.013316 | 0.014398 | 0.016101 | 0.017183 | 0.018886 |
| Fibonacci | 0.011510 | 0.012574 | 0.013231 | 0.014295 | 0.015359 | 0.016016 | 0.017080 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001882 | 0.007448 | 0.010531 | 0.016097 | 0.019180 | 0.024746 | 0.027829 |
| Camarilla | 0.011235 | 0.012027 | 0.012820 | 0.013613 | 0.014406 | 0.015199 | 0.015992 |
| Woodie | 0.000640 | 0.006827 | 0.009289 | 0.015476 | 0.017938 | 0.024125 | 0.026587 |
| Fibonacci | 0.007448 | 0.010752 | 0.012793 | 0.016097 | 0.019401 | 0.021442 | 0.024746 |
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): | 36.41 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -16.860116 | |
| AROON (14): | -100.000000 | |
| DEMA (21): | 0.013696 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.013884 | |
| Elder Ray (13): | -0.000120 | |
| Super Trend (3,10): | 0.014026 | |
| Zig ZAG (10): | 0.013695 | |
| VORTEX (21): | 0.8105 | |
| Stochastique (14,3,5): | 22.69 | |
| TEMA (21): | 0.013709 | |
| Williams %R (14): | -91.74 | |
| Chande Momentum Oscillator (20): | -0.000220 | |
| Repulse (5,40,3): | 0.2509 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1435 | |
| Courbe Coppock: | 2.04 |
| MA7: | 0.014272 | |
| MA20: | 0.015228 | |
| MA50: | 0.016513 | |
| MA100: | 0.014391 | |
| MAexp7: | 0.013771 | |
| MAexp20: | 0.013878 | |
| MAexp50: | 0.014125 | |
| MAexp100: | 0.014281 | |
| Price / MA7: | -4.05% | |
| Price / MA20: | -10.07% | |
| Price / MA50: | -17.07% | |
| Price / MA100: | -4.84% | |
| Price / MAexp7: | -0.56% | |
| Price / MAexp20: | -1.33% | |
| Price / MAexp50: | -3.05% | |
| Price / MAexp100: | -4.11% |
Quotes :
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Real time data
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