Londinia Opportunities Analyses - 05/03/2024 (GMT) PHANTASMA (X10000) - SOUL/ETH - 1H

PHANTASMA (X10000) - SOUL/ETH
- ETH (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: SOULETH
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
72%
6%
22%
My opinion
Bullish above 0.395974 ETH
My targets
0.414920 ETH (+2.96%)
0.443904 ETH (+10.15%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PHANTASMA (X10000) - SOUL/ETH as long as the price remains well above 0.395974 ETH. The buyers' bullish objective is set at 0.414920 ETH. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.443904 ETH. If there is any crossing, the next objective would be the resistance located at 0.468460 ETH. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
7.9

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

The PHANTASMA (X10000) - SOUL/ETH rating is 0.403000 ETH. The price is lower by -0.61% since the last closing and was between 0.382202 ETH and 0.409800 ETH. This implies that the price is at +5.44% from its lowest and at -1.66% from its highest.

0.382202
0.409800
0.403000

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



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this PHANTASMA (X10000) - SOUL/ETH chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent 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 support of triangle

Type : Bullish

Timeframe : 1 hour



The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.355780 0.374643 0.395974 0.403000 0.414920 0.443904 0.468460
Change (%) -11.72% -7.04% -1.74% - +2.96% +10.15% +16.24%
Change -0.047220 -0.028357 -0.007026 - +0.011920 +0.040904 +0.065460
Level Major Intermediate Intermediate - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3055620.3266110.3660400.3870890.4265180.4475670.486996
Camarilla0.3888390.3943820.3999260.4054700.4110140.4165580.422102
Woodie0.3147530.3312060.3752310.3916840.4357090.4521620.496187
Fibonacci0.3266110.3497130.3639860.3870890.4101910.4244640.447567


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2371860.3111600.3527440.4267180.4683020.5422760.583860
Camarilla0.3625510.3731430.3837360.3943290.4049220.4155150.426108
Woodie0.2209920.3030630.3365500.4186210.4521080.5341790.567666
Fibonacci0.3111600.3553030.3825750.4267180.4708610.4981330.542276


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1015690.2172060.3039700.4196070.5063710.6220080.708772
Camarilla0.3350740.3536270.3721810.3907340.4092870.4278410.446394
Woodie0.0871330.2099880.2895340.4123890.4919350.6147900.694336
Fibonacci0.2172060.2945230.3422900.4196070.4969240.5446910.622008

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): 56.36
MACD (12,26,9): 0.0015
Directional Movement: 0.130789
AROON (14): -28.571429
DEMA (21): 0.398305
Parabolic SAR (0,02-0,02-0,2): 0.369957
Elder Ray (13): 0.005017
Super Trend (3,10): 0.382908
Zig ZAG (10): 0.401999
VORTEX (21): 1.0250
Stochastique (14,3,5): 72.12
TEMA (21): 0.398103
Williams %R (14): -17.14
Chande Momentum Oscillator (20): 0.001177
Repulse (5,40,3): 1.0087
ROCnROLL: 1
TRIX (15,9): 0.0467
Courbe Coppock: 0.66
MA7: 0.393173
MA20: 0.425478
MA50: 0.492967
MA100: 0.488717
MAexp7: 0.398123
MAexp20: 0.395624
MAexp50: 0.393277
MAexp100: 0.393381
Price / MA7: +2.50%
Price / MA20: -5.28%
Price / MA50: -18.25%
Price / MA100: -17.54%
Price / MAexp7: +1.22%
Price / MAexp20: +1.86%
Price / MAexp50: +2.47%
Price / MAexp100: +2.45%

Quotes : - Real time data - Cryptocompare