PENDLE - PENDLE/USDT

- USDT (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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Type:	Cryptocurrencies
Ticker:	PENDLEUSDT
ISIN:

PENDLE - PENDLE/USDT - Daily - Technical analysis published on 01/19/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 2.04 USDT

My targets

My analysis

PENDLE - PENDLE/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 2.04 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 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

9.1

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

Additional analysis

Quotes

The PENDLE - PENDLE/USDT price is 2.24 USDT. On the day, this instrument gained +16.06% and was traded between 1.90 USDT and 2.24 USDT over the period. The price is currently at +17.89% from its lowest and 0% from its highest.

1.90

2.24

Here is a more detailed summary of the historical variations registered by PENDLE - PENDLE/USDT:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on PENDLE - PENDLE/USDT were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this PENDLE - PENDLE/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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

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
ProTrendLines	1.03	1.35	1.89	2.24
Change (%)	-54.02%	-39.73%	-15.63%	-
Change	-1.21	-0.89	-0.35	-
Level	Intermediate	Major	Major	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.64	1.76	1.85	1.97	2.06	2.18	2.27
Camarilla	1.87	1.89	1.91	1.93	1.95	1.97	1.99
Woodie	1.62	1.75	1.83	1.96	2.04	2.17	2.25
Fibonacci	1.76	1.84	1.89	1.97	2.05	2.10	2.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.46	0.80	1.25	1.59	2.04	2.38	2.83
Camarilla	1.48	1.56	1.63	1.70	1.77	1.85	1.92
Woodie	0.52	0.83	1.31	1.62	2.10	2.41	2.89
Fibonacci	0.80	1.10	1.29	1.59	1.89	2.08	2.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.59	0.80	0.99	1.20	1.39	1.60	1.79
Camarilla	1.08	1.12	1.15	1.19	1.23	1.26	1.30
Woodie	0.59	0.80	0.99	1.20	1.39	1.60	1.79
Fibonacci	0.80	0.95	1.04	1.20	1.35	1.44	1.60

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	71.67
MACD (12,26,9):	0.2200
Directional Movement:	25.20
AROON (14):	78.57
DEMA (21):	1.92
Parabolic SAR (0,02-0,02-0,2):	1.47
Elder Ray (13):	0.28
Super Trend (3,10):	1.43
Zig ZAG (10):	2.22
VORTEX (21):	1.1700
Stochastique (14,3,5):	88.34
TEMA (21):	2.05
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.97
Repulse (5,40,3):	17.9800
ROCnROLL:	1
TRIX (15,9):	1.7500
Courbe Coppock:	96.60

MA7:	1.89
MA20:	1.58
MA50:	1.33
MA100:	1.13
MAexp7:	1.93
MAexp20:	1.66
MAexp50:	1.40
MAexp100:	1.20
Price / MA7:	+18.52%
Price / MA20:	+41.77%
Price / MA50:	+68.42%
Price / MA100:	+98.23%
Price / MAexp7:	+16.06%
Price / MAexp20:	+34.94%
Price / MAexp50:	+60.00%
Price / MAexp100:	+86.67%

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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