ENZYME - MLN/USD
ENZYME - MLN/USD
0.0018 USD (-33.33%)
03/28/2025 - 16:34 Closed Real time data - CoinMarketCap
Open: 0.0025
Change: -0.0009
Volume: 323,998,644
Low: 0.0016
High: 0.0027
High / Low range: 0.0011
Type: Cryptocurrencies
Ticker: MLNUSD
ISIN:

ENZYME - MLN/USD - Daily - Technical analysis published on 01/11/2023 (GMT)

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  • 01/11/2023 - 03:35
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  • Timeframe : Daily
  • - Analysis generated on 01/11/2023 - 03:35
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 18.19 USD
My targets
21.63 USD (+8.42%)
24.57 USD (+23.16%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on ENZYME - MLN/USD as long as the price remains well above 18.19 USD. The buyers' bullish objective is set at 21.63 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 24.57 USD. If there is any crossing, the next objective would be the resistance located at 31.43 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.8

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The ENZYME - MLN/USD price is 19.95 USD. The price registered a decrease of -0.15% on the session and was traded between 19.89 USD and 20.14 USD over the period. The price is currently at +0.30% from its lowest and -0.94% from its highest.

19.89
20.14
19.95

Here is a more detailed summary of the historical variations registered by ENZYME - MLN/USD:
Created with Raphaël 2.3.0-1750175350525January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ENZYME - MLN/USD in Daily shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily



In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 18.19 19.95 21.63 24.57 31.43
Change (%) -8.82% - +8.42% +23.16% +57.54%
Change -1.76 - +1.68 +4.62 +11.48
Level Major - Minor Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.1819.4119.6919.9220.2020.4320.71
Camarilla19.8419.8919.9319.9820.0320.0720.12
Woodie19.2219.4219.7319.9320.2420.4420.75
Fibonacci19.4119.6019.7219.9220.1120.2320.43


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.1418.4718.9019.2319.6619.9920.42
Camarilla19.1319.2019.2719.3419.4119.4819.55
Woodie18.2018.5018.9619.2619.7220.0220.48
Fibonacci18.4718.7618.9419.2319.5219.7019.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.9214.7216.8320.6322.7426.5428.65
Camarilla17.3117.8518.3918.9319.4720.0120.56
Woodie10.0714.3015.9820.2121.8926.1227.80
Fibonacci14.7216.9818.3820.6322.8924.2926.54

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Buy15
Moving averages
Created with Raphaël 2.3.0Buy15

RSI (14): 56.45
MACD (12,26,9): -0.0100
Directional Movement: 24.23
AROON (14): 71.42
DEMA (21): 19.40
Parabolic SAR (0,02-0,02-0,2): 18.98
Elder Ray (13): 0.52
Super Trend (3,10): 20.95
Zig ZAG (10): 19.95
VORTEX (21): 1.0900
Stochastique (14,3,5): 77.29
TEMA (21): 19.68
Williams %R (14): -19.38
Chande Momentum Oscillator (20): 0.99
Repulse (5,40,3): 0.3200
ROCnROLL: -1
TRIX (15,9): -0.1400
Courbe Coppock: 6.64
MA7: 19.63
MA20: 19.27
MA50: 19.94
MA100: 20.81
MAexp7: 19.69
MAexp20: 19.51
MAexp50: 19.91
MAexp100: 20.80
Price / MA7: +1.63%
Price / MA20: +3.53%
Price / MA50: +0.05%
Price / MA100: -4.13%
Price / MAexp7: +1.32%
Price / MAexp20: +2.26%
Price / MAexp50: +0.20%
Price / MAexp100: -4.09%

Quotes : 01/11/2023 - 03:32 - Real time data - Cryptocompare

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

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