Londinia Opportunities Analyses - 05/03/2024 (GMT) GOLDFINCH - GFI/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | GFIUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 3.47 USDT
My targets
3.67 USDT (+2.80%)
3.86 USDT (+8.04%)
My analysis
The bullish trend is currently very strong on GOLDFINCH - GFI/USDT. As long as the price remains above the support at 3.47 USDT, you could try to benefit from the boom. The first bullish objective is located at 3.67 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.86 USDT as an objective. Crossing it would then enable buyers to target 4.19 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.2
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Additional analysis
Quotes
The GOLDFINCH - GFI/USDT price is 3.57 USDT. On the day, this instrument lost -0.56% and was between 3.41 USDT and 3.59 USDT. This implies that the price is at +4.69% from its lowest and at -0.56% from its highest.3.41
3.59
3.57
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of GOLDFINCH - GFI/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by 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 is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 3.09 | 3.35 | 3.57 | 3.57 | 3.67 | 4.19 | 5.32 |
| Change (%) | -13.45% | -6.16% | 0% | - | +2.80% | +17.37% | +49.02% |
| Change | -0.48 | -0.22 | 0 | - | +0.10 | +0.62 | +1.75 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.83 | 3.02 | 3.31 | 3.50 | 3.79 | 3.98 | 4.27 |
| Camarilla | 3.46 | 3.50 | 3.55 | 3.59 | 3.63 | 3.68 | 3.72 |
| Woodie | 2.87 | 3.05 | 3.35 | 3.53 | 3.83 | 4.01 | 4.31 |
| Fibonacci | 3.02 | 3.21 | 3.32 | 3.50 | 3.69 | 3.80 | 3.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.84 | 2.46 | 2.85 | 3.47 | 3.86 | 4.48 | 4.87 |
| Camarilla | 2.95 | 3.05 | 3.14 | 3.23 | 3.32 | 3.42 | 3.51 |
| Woodie | 1.72 | 2.40 | 2.73 | 3.41 | 3.74 | 4.42 | 4.75 |
| Fibonacci | 2.46 | 2.85 | 3.09 | 3.47 | 3.86 | 4.10 | 4.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.83 | 0.40 | 1.69 | 3.92 | 5.21 | 7.44 | 8.73 |
| Camarilla | 2.02 | 2.35 | 2.67 | 2.99 | 3.31 | 3.64 | 3.96 |
| Woodie | -2.29 | 0.17 | 1.23 | 3.69 | 4.75 | 7.21 | 8.27 |
| Fibonacci | 0.40 | 1.74 | 2.57 | 3.92 | 5.26 | 6.09 | 7.44 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.16 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 10.59 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 3.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.41 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 3.36 | |
| Zig ZAG (10): | 3.56 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 62.08 | |
| TEMA (21): | 3.50 | |
| Williams %R (14): | -12.57 | |
| Chande Momentum Oscillator (20): | 0.14 | |
| Repulse (5,40,3): | 3.2100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 1.07 |
| MA7: | 3.27 | |
| MA20: | 3.57 | |
| MA50: | 3.49 | |
| MA100: | 2.40 | |
| MAexp7: | 3.51 | |
| MAexp20: | 3.50 | |
| MAexp50: | 3.42 | |
| MAexp100: | 3.33 | |
| Price / MA7: | +9.17% | |
| Price / MA20: | -0% | |
| Price / MA50: | +2.29% | |
| Price / MA100: | +48.75% | |
| Price / MAexp7: | +1.71% | |
| Price / MAexp20: | +2.00% | |
| Price / MAexp50: | +4.39% | |
| Price / MAexp100: | +7.21% |
Quotes :
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Real time data
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Cryptocompare