Londinia Opportunities Analyses - 09/24/2023 (GMT) MOONRIVER - MOVR/USDT - 1H

MOONRIVER - MOVR/USDT
- USDT (-)
- Real time data - CoinMarketCap
Type: Cryptocurrencies
Ticker: MOVRUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 3.96 USDT
My targets
4.06 USDT (+1.25%)
4.14 USDT (+3.24%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MOONRIVER - MOVR/USDT as long as the price remains well above 3.96 USDT. The buyers' bullish objective is set at 4.06 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.14 USDT. If there is any crossing, the next objective would be the resistance located at 4.73 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, 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
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The MOONRIVER - MOVR/USDT price is 4.01 USDT. The price registered an increase of +1.01% on the session and was between 3.89 USDT and 4.08 USDT. This implies that the price is at +3.08% from its lowest and at -1.72% from its highest.

3.89
4.08
4.01

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MOONRIVER - MOVR/USDT:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of MOONRIVER - MOVR/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 scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

MACD indicator is back over 0

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


S3S2S1PriceR1R2R3
ProTrendLines 3.87 3.92 3.96 4.01 4.06 4.14 4.73
Change (%) -3.49% -2.24% -1.25% - +1.25% +3.24% +17.96%
Change -0.14 -0.09 -0.05 - +0.05 +0.13 +0.72
Level Intermediate Minor Intermediate - Intermediate Intermediate Minor



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
Standard3.613.733.853.974.094.214.33
Camarilla3.903.933.953.973.994.014.04
Woodie3.613.733.853.974.094.214.33
Fibonacci3.733.823.883.974.064.124.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.533.663.823.954.114.244.40
Camarilla3.893.923.943.974.004.024.05
Woodie3.543.673.833.964.124.254.41
Fibonacci3.663.773.843.954.064.134.24


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.222.653.404.835.587.017.76
Camarilla3.563.763.964.164.364.564.76
Woodie0.892.483.074.665.256.847.43
Fibonacci2.653.483.994.835.666.177.01

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): 55.86
MACD (12,26,9): 0.0200
Directional Movement: 20.54
AROON (14): 21.42
DEMA (21): 3.99
Parabolic SAR (0,02-0,02-0,2): 3.91
Elder Ray (13): 0.03
Super Trend (3,10): 3.87
Zig ZAG (10): 4.00
VORTEX (21): 1.0100
Stochastique (14,3,5): 69.57
TEMA (21): 3.99
Williams %R (14): -40.76
Chande Momentum Oscillator (20): 0.04
Repulse (5,40,3): -0.0900
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 0.37
MA7: 3.94
MA20: 4.00
MA50: 4.40
MA100: 4.84
MAexp7: 3.99
MAexp20: 3.96
MAexp50: 3.93
MAexp100: 3.92
Price / MA7: +1.78%
Price / MA20: +0.25%
Price / MA50: -8.86%
Price / MA100: -17.15%
Price / MAexp7: +0.50%
Price / MAexp20: +1.26%
Price / MAexp50: +2.04%
Price / MAexp100: +2.30%

Quotes : - Real time data - Cryptocompare