SAFEPAL - SFP/USDT

- USDT (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	SFPUSDT
ISIN:

SAFEPAL - SFP/USDT - Daily - Technical analysis published on 04/17/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 0.732148 USDT

My targets

0.826413 USDT (+2.52%)

0.881693 USDT (+9.37%)

My analysis

SAFEPAL - SFP/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.732148 USDT. The next resistance located at 0.826413 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.881693 USDT. After this resistance, buyers could then target 1.709000 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

5.7

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 mh572. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SAFEPAL - SFP/USDT rating is 0.806122 USDT. The price has increased by +6.87% since the last closing with the lowest point at 0.752705 USDT and the highest point at 0.807027 USDT. The deviation from the price is +7.10% for the low point and -0.11% for the high point.

0.752705

0.807027

0.806122

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this SAFEPAL - SFP/USDT chart shows a strongly bullish trend. 85.71% 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 detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.695278	0.732148	0.797879	0.806122	0.826413	0.881693	1.709000
Change (%)	-13.75%	-9.18%	-1.02%	-	+2.52%	+9.37%	+112.00%
Change	-0.110844	-0.073974	-0.008243	-	+0.020291	+0.075571	+0.902878
Level	Major	Intermediate	Major	-	Major	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	0.589477	0.646913	0.700596	0.758032	0.811715	0.869151	0.922834
Camarilla	0.723722	0.733908	0.744094	0.754280	0.764466	0.774652	0.784838
Woodie	0.587602	0.645975	0.698721	0.757094	0.809840	0.868213	0.920959
Fibonacci	0.646913	0.689360	0.715584	0.758032	0.800479	0.826703	0.869151

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.317697	0.499444	0.624844	0.806591	0.931991	1.113738	1.239138
Camarilla	0.665779	0.693934	0.722089	0.750244	0.778399	0.806554	0.834709
Woodie	0.289524	0.485357	0.596671	0.792504	0.903818	1.099651	1.210965
Fibonacci	0.499444	0.616774	0.689261	0.806591	0.923921	0.996408	1.113738

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.416883	0.518997	0.648295	0.750409	0.879707	0.981821	1.111119
Camarilla	0.713955	0.735168	0.756380	0.777593	0.798806	0.820019	0.841231
Woodie	0.430475	0.525793	0.661887	0.757205	0.893299	0.988617	1.124711
Fibonacci	0.518997	0.607396	0.662010	0.750409	0.838808	0.893422	0.981821

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):	51.60
MACD (12,26,9):	0.0109
Directional Movement:	-4.091682
AROON (14):	-35.714285
DEMA (21):	0.804304
Parabolic SAR (0,02-0,02-0,2):	0.937606
Elder Ray (13):	-0.017939
Super Trend (3,10):	0.707562
Zig ZAG (10):	0.794043
VORTEX (21):	0.9999
Stochastique (14,3,5):	31.74
TEMA (21):	0.809400
Williams %R (14):	-62.50
Chande Momentum Oscillator (20):	0.075670
Repulse (5,40,3):	-0.4430
ROCnROLL:	1
TRIX (15,9):	0.2554
Courbe Coppock:	18.87

MA7:	0.806799
MA20:	0.782859
MA50:	0.774327
MA100:	0.748769
MAexp7:	0.796353
MAexp20:	0.789631
MAexp50:	0.773494
MAexp100:	0.752257
Price / MA7:	-0.08%
Price / MA20:	+2.97%
Price / MA50:	+4.11%
Price / MA100:	+7.66%
Price / MAexp7:	+1.23%
Price / MAexp20:	+2.09%
Price / MAexp50:	+4.22%
Price / MAexp100:	+7.16%

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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