SMOOTH LOVE POTION - SLP/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	SLPUSDT
ISIN:

SMOOTH LOVE POTION - SLP/USDT - 1H - Technical analysis published on 10/19/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 0.002649 USDT

My targets

0.002845 USDT (+2.19%)

0.003061 USDT (+9.96%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SMOOTH LOVE POTION - SLP/USDT as long as the price remains well above 0.002649 USDT. The buyers' bullish objective is set at 0.002845 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.003061 USDT. If there is any crossing, the next objective would be the resistance located at 0.003520 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

Comment on the analysis

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.

This analysis was given by donger. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SMOOTH LOVE POTION - SLP/USDT price is 0.002784 USDT. On the day, this instrument gained +11.63% and was between 0.002489 USDT and 0.002912 USDT. This implies that the price is at +11.85% from its lowest and at -4.40% from its highest.

0.002489

0.002912

0.002784

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this SMOOTH LOVE POTION - SLP/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

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

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.002457	0.002490	0.002562	0.002784	0.002845	0.003520	0.004821
Change (%)	-11.75%	-10.56%	-7.97%	-	+2.19%	+26.44%	+73.17%
Change	-0.000327	-0.000294	-0.000222	-	+0.000061	+0.000736	+0.002037
Level	Intermediate	Intermediate	Intermediate	-	Intermediate	Minor	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	0.002306	0.002343	0.002419	0.002456	0.002532	0.002569	0.002645
Camarilla	0.002463	0.002473	0.002484	0.002494	0.002504	0.002515	0.002525
Woodie	0.002325	0.002353	0.002438	0.002466	0.002551	0.002579	0.002664
Fibonacci	0.002343	0.002387	0.002413	0.002456	0.002500	0.002526	0.002569

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001953	0.002075	0.002240	0.002362	0.002527	0.002649	0.002814
Camarilla	0.002327	0.002353	0.002380	0.002406	0.002432	0.002459	0.002485
Woodie	0.001976	0.002086	0.002263	0.002373	0.002550	0.002660	0.002837
Fibonacci	0.002075	0.002184	0.002252	0.002362	0.002471	0.002539	0.002649

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001267	0.001711	0.002164	0.002608	0.003061	0.003505	0.003958
Camarilla	0.002371	0.002454	0.002536	0.002618	0.002700	0.002783	0.002865
Woodie	0.001273	0.001713	0.002170	0.002610	0.003067	0.003507	0.003964
Fibonacci	0.001711	0.002053	0.002265	0.002608	0.002950	0.003162	0.003505

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):	74.10
MACD (12,26,9):	0.0001
Directional Movement:	28.697031
AROON (14):	78.571429
DEMA (21):	0.002806
Parabolic SAR (0,02-0,02-0,2):	0.002770
Elder Ray (13):	0.000051
Super Trend (3,10):	0.002597
Zig ZAG (10):	0.002784
VORTEX (21):	1.2101
Stochastique (14,3,5):	70.15
TEMA (21):	0.002852
Williams %R (14):	-37.01
Chande Momentum Oscillator (20):	0.000171
Repulse (5,40,3):	-1.6370
ROCnROLL:	1
TRIX (15,9):	0.5020
Courbe Coppock:	21.72

MA7:	0.002503
MA20:	0.002418
MA50:	0.002459
MA100:	0.002547
MAexp7:	0.002782
MAexp20:	0.002685
MAexp50:	0.002568
MAexp100:	0.002505
Price / MA7:	+11.23%
Price / MA20:	+15.14%
Price / MA50:	+13.22%
Price / MA100:	+9.31%
Price / MAexp7:	+0.07%
Price / MAexp20:	+3.69%
Price / MAexp50:	+8.41%
Price / MAexp100:	+11.14%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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