MEMECOIN - MEME/USDT - 15 min. - Technical analysis published on 03/04/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.052209 USDT
My targets
0.056887 USDT (+4.42%)
0.060356 USDT (+10.79%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MEMECOIN - MEME/USDT as long as the price remains well above 0.052209 USDT. The buyers' bullish objective is set at 0.056887 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.060356 USDT. If there is any crossing, the next objective would be the resistance located at 0.067570 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 MEMECOIN - MEME/USDT rating is 0.054479 USDT. The price registered an increase of +2.52% on the session and was between 0.049251 USDT and 0.055801 USDT. This implies that the price is at +10.62% from its lowest and at -2.37% from its highest.0.049251
0.055801
0.054479
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on MEMECOIN - MEME/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of MEMECOIN - MEME/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.030666 | 0.038414 | 0.041389 | 0.054479 |
| Change (%) | -43.71% | -29.49% | -24.03% | - |
| Change | -0.023813 | -0.016065 | -0.013090 | - |
| Level | Major | Intermediate | Intermediate | - |
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 | 0.021544 | 0.028758 | 0.040950 | 0.048164 | 0.060356 | 0.067570 | 0.079762 |
| Camarilla | 0.047804 | 0.049583 | 0.051362 | 0.053141 | 0.054920 | 0.056699 | 0.058478 |
| Woodie | 0.024032 | 0.030003 | 0.043438 | 0.049409 | 0.062844 | 0.068815 | 0.082250 |
| Fibonacci | 0.028758 | 0.036171 | 0.040751 | 0.048164 | 0.055577 | 0.060157 | 0.067570 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008373 | 0.017535 | 0.030291 | 0.039453 | 0.052209 | 0.061371 | 0.074127 |
| Camarilla | 0.037021 | 0.039030 | 0.041039 | 0.043048 | 0.045057 | 0.047066 | 0.049076 |
| Woodie | 0.010171 | 0.018434 | 0.032089 | 0.040352 | 0.054007 | 0.062270 | 0.075925 |
| Fibonacci | 0.017535 | 0.025907 | 0.031080 | 0.039453 | 0.047825 | 0.052998 | 0.061371 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005104 | 0.013128 | 0.022365 | 0.030389 | 0.039626 | 0.047650 | 0.056887 |
| Camarilla | 0.026854 | 0.028437 | 0.030019 | 0.031601 | 0.033183 | 0.034766 | 0.036348 |
| Woodie | 0.005710 | 0.013431 | 0.022971 | 0.030692 | 0.040232 | 0.047953 | 0.057493 |
| Fibonacci | 0.013128 | 0.019722 | 0.023796 | 0.030389 | 0.036983 | 0.041057 | 0.047650 |
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): | 57.88 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 6.789182 | |
| AROON (14): | 21.428571 | |
| DEMA (21): | 0.053476 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.049375 | |
| Elder Ray (13): | 0.002006 | |
| Super Trend (3,10): | 0.050140 | |
| Zig ZAG (10): | 0.054287 | |
| VORTEX (21): | 1.0974 | |
| Stochastique (14,3,5): | 84.32 | |
| TEMA (21): | 0.053313 | |
| Williams %R (14): | -22.23 | |
| Chande Momentum Oscillator (20): | 0.002383 | |
| Repulse (5,40,3): | 2.4945 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1109 | |
| Courbe Coppock: | 3.84 |
| MA7: | 0.041357 | |
| MA20: | 0.031990 | |
| MA50: | 0.026960 | |
| MA100: | 0.028471 | |
| MAexp7: | 0.053301 | |
| MAexp20: | 0.052798 | |
| MAexp50: | 0.051186 | |
| MAexp100: | 0.048614 | |
| Price / MA7: | +31.73% | |
| Price / MA20: | +70.30% | |
| Price / MA50: | +102.07% | |
| Price / MA100: | +91.35% | |
| Price / MAexp7: | +2.21% | |
| Price / MAexp20: | +3.18% | |
| Price / MAexp50: | +6.43% | |
| Price / MAexp100: | +12.06% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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