CONSTITUTIONDAO - PEOPLE/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	PEOPLEUSDT
ISIN:

CONSTITUTIONDAO - PEOPLE/USDT - Daily - Technical analysis published on 01/03/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 0.018507 USDT

My targets

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CONSTITUTIONDAO - PEOPLE/USDT as long as the price remains well above 0.018507 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

8.4

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 CONSTITUTIONDAO - PEOPLE/USDT rating is 0.020824 USDT. On the day, this instrument gained +56.00% with the lowest point at 0.011427 USDT and the highest point at 0.021056 USDT. The deviation from the price is +82.24% for the low point and -1.10% for the high point.

0.011427

0.021056

0.020824

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

Abnormal volumes on CONSTITUTIONDAO - PEOPLE/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 Daily chart of CONSTITUTIONDAO - PEOPLE/USDT indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Support of triangle is broken

Type : Bearish

Timeframe : Daily

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

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	0.012744	0.014186	0.015204	0.020824
Change (%)	-38.80%	-31.88%	-26.99%	-
Change	-0.008080	-0.006638	-0.005620	-
Level	Intermediate	Major	Intermediate	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.012524	0.012866	0.013107	0.013449	0.013690	0.014032	0.014273
Camarilla	0.013189	0.013242	0.013296	0.013349	0.013402	0.013456	0.013509
Woodie	0.012475	0.012841	0.013058	0.013424	0.013641	0.014007	0.014224
Fibonacci	0.012866	0.013088	0.013226	0.013449	0.013671	0.013809	0.014032

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.010578	0.011875	0.012659	0.013956	0.014740	0.016037	0.016821
Camarilla	0.012871	0.013062	0.013252	0.013443	0.013634	0.013825	0.014015
Woodie	0.010322	0.011747	0.012403	0.013828	0.014484	0.015909	0.016565
Fibonacci	0.011875	0.012670	0.013161	0.013956	0.014751	0.015242	0.016037

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.006313	0.009165	0.010984	0.013836	0.015655	0.018507	0.020326
Camarilla	0.011520	0.011948	0.012376	0.012804	0.013232	0.013660	0.014089
Woodie	0.005798	0.008907	0.010469	0.013578	0.015140	0.018249	0.019811
Fibonacci	0.009165	0.010949	0.012051	0.013836	0.015620	0.016722	0.018507

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):	74.46
MACD (12,26,9):	0.0005
Directional Movement:	29.941091
AROON (14):	0
DEMA (21):	0.014760
Parabolic SAR (0,02-0,02-0,2):	0.012446
Elder Ray (13):	0.001408
Super Trend (3,10):	0.011554
Zig ZAG (10):	0.020113
VORTEX (21):	0.9648
Stochastique (14,3,5):	53.48
TEMA (21):	0.015047
Williams %R (14):	-6.54
Chande Momentum Oscillator (20):	0.005812
Repulse (5,40,3):	46.7030
ROCnROLL:	1
TRIX (15,9):	0.2398
Courbe Coppock:	20.56

MA7:	0.014356
MA20:	0.013885
MA50:	0.013332
MA100:	0.012144
MAexp7:	0.015054
MAexp20:	0.014147
MAexp50:	0.013428
MAexp100:	0.012802
Price / MA7:	+45.05%
Price / MA20:	+49.97%
Price / MA50:	+56.20%
Price / MA100:	+71.48%
Price / MAexp7:	+38.33%
Price / MAexp20:	+47.20%
Price / MAexp50:	+55.08%
Price / MAexp100:	+62.66%

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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