Londinia Opportunities Analyses - 07/11/2023 (GMT) BISWAP - BSW/USDT - 1H

BISWAP - BSW/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: BSWUSDT
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.097217 USDT
My targets
0.100900 USDT (+2.17%)
0.102300 USDT (+3.58%)
My analysis
BISWAP - BSW/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 0.097217 USDT. The next resistance located at 0.100900 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 0.102300 USDT. After this resistance, buyers could then target 0.104900 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
0
10
7.5

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The BISWAP - BSW/USDT rating is 0.098760 USDT. On the day, this instrument gained +0.79% and was traded between 0.097810 USDT and 0.098860 USDT over the period. The price is currently at +0.97% from its lowest and -0.10% from its highest.

0.097810
0.098860
0.098760

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BISWAP - BSW/USDT:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of BISWAP - BSW/USDT in 1H shows a strongly overall bullish trend. 89.29% 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 currently does not detect any result that concerns moving averages.

The probability of a further increase are moderate given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.096451 0.097217 0.098190 0.098760 0.099010 0.100900 0.102300
Change (%) -2.34% -1.56% -0.58% - +0.25% +2.17% +3.58%
Change -0.002309 -0.001543 -0.000570 - +0.000250 +0.002140 +0.003540
Level Major Major Minor - Intermediate Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0923370.0937830.0958870.0973330.0994370.1008830.102987
Camarilla0.0970140.0973390.0976650.0979900.0983150.0986410.098966
Woodie0.0926650.0939480.0962150.0974980.0997650.1010480.103315
Fibonacci0.0937830.0951390.0959770.0973330.0986890.0995270.100883


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0859800.0912100.0944400.0996700.1029000.1081300.111360
Camarilla0.0953440.0961190.0968950.0976700.0984460.0992210.099997
Woodie0.0849800.0907100.0934400.0991700.1019000.1076300.110360
Fibonacci0.0912100.0944420.0964380.0996700.1029020.1048980.108130


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0257330.0537070.0770530.1050270.1283730.1563470.179693
Camarilla0.0862870.0909910.0956960.1004000.1051040.1098090.114513
Woodie0.0234200.0525500.0747400.1038700.1260600.1551900.177380
Fibonacci0.0537070.0733110.0854220.1050270.1246310.1367420.156347

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): 62.62
MACD (12,26,9): 0.0004
Directional Movement: 8.874497
AROON (14): 42.857143
DEMA (21): 0.098528
Parabolic SAR (0,02-0,02-0,2): 0.097594
Elder Ray (13): 0.000312
Super Trend (3,10): 0.097155
Zig ZAG (10): 0.098600
VORTEX (21): 1.1403
Stochastique (14,3,5): 79.25
TEMA (21): 0.098734
Williams %R (14): -18.18
Chande Momentum Oscillator (20): 0.000020
Repulse (5,40,3): -0.1627
ROCnROLL: 1
TRIX (15,9): 0.0486
Courbe Coppock: 1.10
MA7: 0.097669
MA20: 0.099072
MA50: 0.102248
MA100: 0.132029
MAexp7: 0.098414
MAexp20: 0.098100
MAexp50: 0.097731
MAexp100: 0.097885
Price / MA7: +1.12%
Price / MA20: -0.31%
Price / MA50: -3.41%
Price / MA100: -25.20%
Price / MAexp7: +0.35%
Price / MAexp20: +0.67%
Price / MAexp50: +1.05%
Price / MAexp100: +0.89%

Quotes : - Real time data - Cryptocompare