Londinia Opportunities Analyses - 05/03/2024 (GMT) ABEY - ABEY/USDT - 1H

ABEY - ABEY/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: ABEYUSDT
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
50%
22%
28%
My opinion
Bullish above 0.256370 USDT
My targets
0.263986 USDT (+1.77%)
0.267475 USDT (+3.11%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ABEY - ABEY/USDT as long as the price remains well above 0.256370 USDT. The buyers' bullish objective is set at 0.263986 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.267475 USDT. If there is any crossing, the next objective would be the resistance located at 0.273467 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.6

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.

Additional analysis

Quotes

ABEY - ABEY/USDT rating 0.259400 USDT. The price is lower by -0.88% since the last closing and was traded between 0.254600 USDT and 0.266500 USDT over the period. The price is currently at +1.89% from its lowest and -2.66% from its highest.

0.254600
0.266500
0.259400

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 ABEY - ABEY/USDT:
Abnormal volumes on ABEY - ABEY/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 1H of this ABEY - ABEY/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

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
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.250494 0.256370 0.259400 0.263986 0.267475 0.273467
Change (%) -3.43% -1.17% - +1.77% +3.11% +5.42%
Change -0.008906 -0.003030 - +0.004586 +0.008075 +0.014067
Level Major Major - Minor Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2394330.2449670.2533330.2588670.2672330.2727670.281133
Camarilla0.2578780.2591520.2604260.2617000.2629740.2642480.265523
Woodie0.2408500.2456750.2547500.2595750.2686500.2734750.282550
Fibonacci0.2449670.2502770.2535570.2588670.2641770.2674570.272767


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2201670.2383330.2595670.2777330.2989670.3171330.338367
Camarilla0.2699650.2735770.2771880.2808000.2844120.2880230.291635
Woodie0.2217000.2391000.2611000.2785000.3005000.3179000.339900
Fibonacci0.2383330.2533840.2626830.2777330.2927840.3020830.317133


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1756670.2083330.2305670.2632330.2854670.3181330.340367
Camarilla0.2377030.2427350.2477680.2528000.2578330.2628650.267898
Woodie0.1704500.2057250.2253500.2606250.2802500.3155250.335150
Fibonacci0.2083330.2293050.2422620.2632330.2842050.2971620.318133

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): 58.16
MACD (12,26,9): 0.0008
Directional Movement: 3.978094
AROON (14): -57.142857
DEMA (21): 0.259190
Parabolic SAR (0,02-0,02-0,2): 0.263068
Elder Ray (13): 0.000661
Super Trend (3,10): 0.250341
Zig ZAG (10): 0.259800
VORTEX (21): 1.0086
Stochastique (14,3,5): 37.25
TEMA (21): 0.259099
Williams %R (14): -62.18
Chande Momentum Oscillator (20): -0.002700
Repulse (5,40,3): 0.6217
ROCnROLL: 1
TRIX (15,9): 0.0506
Courbe Coppock: 0.86
MA7: 0.259171
MA20: 0.261970
MA50: 0.258784
MA100: 0.291304
MAexp7: 0.258170
MAexp20: 0.258270
MAexp50: 0.257256
MAexp100: 0.258098
Price / MA7: +0.09%
Price / MA20: -0.98%
Price / MA50: +0.24%
Price / MA100: -10.95%
Price / MAexp7: +0.48%
Price / MAexp20: +0.44%
Price / MAexp50: +0.83%
Price / MAexp100: +0.50%

Quotes : - Real time data - Cryptocompare