ENZYME - MLN/USD
-
USD
(-)
- Real time data - CoinMarketCap
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Cryptocurrencies |
| Ticker: | MLNUSD |
| ISIN: |
ENZYME - MLN/USD - 1H - Technical analysis published on 04/21/2024 (GMT)
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- 04/21/2024 - 20:55
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- Timeframe : 1H
- - Analysis generated on 04/21/2024 - 20:55
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 22.59 USD
My targets
25.00 USD (+6.51%)
25.63 USD (+9.20%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 22.59 USD remains possible. It is advisable to trade ENZYME - MLN/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 22.59 USD. The next bullish objective for buyers is set at 25.00 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 25.63 USD. If there is any crossing, the next objective would be the resistance located at 26.44 USD. PS: if there is a bearish break in the support located at 22.59 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.9
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:
Additional analysis
Quotes
ENZYME - MLN/USD rating 23.47 USD. The price registered a decrease of -0.04% on the session with the lowest point at 23.26 USD and the highest point at 24.83 USD. The deviation from the price is +0.90% for the low point and -5.48% for the high point.23.26
24.83
23.47
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ENZYME - MLN/USD:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of ENZYME - MLN/USD in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
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 this signal:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21.86 | 22.59 | 23.42 | 23.47 | 25.63 | 26.44 | 27.46 |
| Change (%) | -6.86% | -3.75% | -0.21% | - | +9.20% | +12.65% | +17.00% |
| Change | -1.61 | -0.88 | -0.05 | - | +2.16 | +2.97 | +3.99 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.63 | 21.37 | 22.42 | 23.16 | 24.21 | 24.95 | 26.00 |
| Camarilla | 22.99 | 23.15 | 23.32 | 23.48 | 23.64 | 23.81 | 23.97 |
| Woodie | 20.80 | 21.45 | 22.59 | 23.24 | 24.38 | 25.03 | 26.17 |
| Fibonacci | 21.37 | 22.05 | 22.47 | 23.16 | 23.84 | 24.26 | 24.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.72 | 18.23 | 20.86 | 22.37 | 25.00 | 26.51 | 29.14 |
| Camarilla | 22.34 | 22.72 | 23.10 | 23.48 | 23.86 | 24.24 | 24.62 |
| Woodie | 17.27 | 18.51 | 21.41 | 22.65 | 25.55 | 26.79 | 29.69 |
| Fibonacci | 18.23 | 19.82 | 20.79 | 22.37 | 23.96 | 24.93 | 26.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.96 | 11.71 | 19.44 | 27.19 | 34.92 | 42.67 | 50.40 |
| Camarilla | 22.91 | 24.33 | 25.75 | 27.17 | 28.59 | 30.01 | 31.43 |
| Woodie | 3.95 | 11.71 | 19.43 | 27.19 | 34.91 | 42.67 | 50.39 |
| Fibonacci | 11.71 | 17.62 | 21.28 | 27.19 | 33.10 | 36.76 | 42.67 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.91 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 16.76 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 23.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.74 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 22.98 | |
| Zig ZAG (10): | 23.74 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 19.35 | |
| TEMA (21): | 23.64 | |
| Williams %R (14): | -68.91 | |
| Chande Momentum Oscillator (20): | -0.18 | |
| Repulse (5,40,3): | 0.5500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 1.03 |
| MA7: | 22.09 | |
| MA20: | 23.62 | |
| MA50: | 24.23 | |
| MA100: | 21.22 | |
| MAexp7: | 23.61 | |
| MAexp20: | 23.56 | |
| MAexp50: | 23.12 | |
| MAexp100: | 22.64 | |
| Price / MA7: | +6.25% | |
| Price / MA20: | -0.64% | |
| Price / MA50: | -3.14% | |
| Price / MA100: | +10.60% | |
| Price / MAexp7: | -0.59% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | +1.51% | |
| Price / MAexp100: | +3.67% |
Quotes :
04/21/2024 - 20:55
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Real time data
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Cryptocompare
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