Londinia Opportunities Analyses - 05/03/2024 (GMT) DEGO FINANCE - DEGO/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | DEGOUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 2.21 USDT
My targets
2.26 USDT (+1.35%)
2.31 USDT (+3.59%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DEGO FINANCE - DEGO/USDT as long as the price remains well above 2.21 USDT. The buyers' bullish objective is set at 2.26 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.31 USDT. If there is any crossing, the next objective would be the resistance located at 2.88 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
8.6
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Additional analysis
Quotes
The DEGO FINANCE - DEGO/USDT rating is 2.23 USDT. The price registered an increase of +1.83% on the session with the lowest point at 2.14 USDT and the highest point at 2.30 USDT. The deviation from the price is +4.21% for the low point and -3.04% for the high point.2.14
2.30
2.23
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of DEGO FINANCE - DEGO/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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.00 | 2.09 | 2.21 | 2.23 | 2.26 | 2.31 | 2.88 |
| Change (%) | -10.31% | -6.28% | -0.90% | - | +1.35% | +3.59% | +29.15% |
| Change | -0.23 | -0.14 | -0.02 | - | +0.03 | +0.08 | +0.65 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.78 | 1.89 | 2.04 | 2.15 | 2.30 | 2.41 | 2.56 |
| Camarilla | 2.12 | 2.14 | 2.17 | 2.19 | 2.21 | 2.24 | 2.26 |
| Woodie | 1.80 | 1.90 | 2.06 | 2.16 | 2.32 | 2.42 | 2.58 |
| Fibonacci | 1.89 | 1.99 | 2.05 | 2.15 | 2.25 | 2.31 | 2.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.70 | 1.89 | 2.07 | 2.26 | 2.44 | 2.63 | 2.81 |
| Camarilla | 2.14 | 2.17 | 2.21 | 2.24 | 2.27 | 2.31 | 2.34 |
| Woodie | 1.69 | 1.89 | 2.06 | 2.26 | 2.43 | 2.63 | 2.80 |
| Fibonacci | 1.89 | 2.04 | 2.12 | 2.26 | 2.41 | 2.49 | 2.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.49 | 0.71 | 1.37 | 2.57 | 3.23 | 4.43 | 5.09 |
| Camarilla | 1.53 | 1.70 | 1.87 | 2.04 | 2.21 | 2.38 | 2.55 |
| Woodie | -0.75 | 0.58 | 1.11 | 2.44 | 2.97 | 4.30 | 4.83 |
| Fibonacci | 0.71 | 1.42 | 1.86 | 2.57 | 3.28 | 3.72 | 4.43 |
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): | 64.41 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 27.90 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 2.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.24 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 2.13 | |
| Zig ZAG (10): | 2.23 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 57.70 | |
| TEMA (21): | 2.23 | |
| Williams %R (14): | -41.09 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.7900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1900 | |
| Courbe Coppock: | 1.82 |
| MA7: | 2.17 | |
| MA20: | 2.23 | |
| MA50: | 2.90 | |
| MA100: | 2.70 | |
| MAexp7: | 2.22 | |
| MAexp20: | 2.19 | |
| MAexp50: | 2.15 | |
| MAexp100: | 2.14 | |
| Price / MA7: | +2.76% | |
| Price / MA20: | -0% | |
| Price / MA50: | -23.10% | |
| Price / MA100: | -17.41% | |
| Price / MAexp7: | +0.45% | |
| Price / MAexp20: | +1.83% | |
| Price / MAexp50: | +3.72% | |
| Price / MAexp100: | +4.21% |
Quotes :
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Real time data
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