Londinia Opportunities Analyses - 05/04/2024 (GMT) GALATASARAY FAN TOKEN - GALATA/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | GALATAUSDT |
| 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:
Neutral
Underlying:
Bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 2.19 USDT
My targets
2.35 USDT (+4.58%)
2.40 USDT (+6.67%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GALATASARAY FAN TOKEN - GALATA/USDT. As long as you are above the support located at 2.19 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 2.35 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 2.40 USDT as an objective. Crossing it would then enable buyers to target 2.49 USDT. If the support 2.19 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
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
5.4
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Additional analysis
Quotes
The GALATASARAY FAN TOKEN - GALATA/USDT rating is 2.25 USDT. The price registered an increase of +0.00% on the session with the lowest point at 2.22 USDT and the highest point at 2.28 USDT. The deviation from the price is +1.35% for the low point and -1.32% for the high point.2.22
2.28
2.25
Here is a more detailed summary of the historical variations registered by GALATASARAY FAN TOKEN - GALATA/USDT:
Technical
Technical analysis of this 1H chart of GALATASARAY FAN TOKEN - GALATA/USDT indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.11 | 2.19 | 2.25 | 2.25 | 2.40 | 2.49 | 2.62 |
| Change (%) | -6.22% | -2.67% | 0% | - | +6.67% | +10.67% | +16.44% |
| Change | -0.14 | -0.06 | 0 | - | +0.15 | +0.24 | +0.37 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.99 | 2.08 | 2.17 | 2.26 | 2.35 | 2.44 | 2.53 |
| Camarilla | 2.20 | 2.22 | 2.23 | 2.25 | 2.27 | 2.28 | 2.30 |
| Woodie | 1.98 | 2.08 | 2.16 | 2.26 | 2.34 | 2.44 | 2.52 |
| Fibonacci | 2.08 | 2.15 | 2.20 | 2.26 | 2.33 | 2.38 | 2.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.13 | 1.55 | 1.93 | 2.35 | 2.73 | 3.15 | 3.53 |
| Camarilla | 2.08 | 2.15 | 2.23 | 2.30 | 2.37 | 2.45 | 2.52 |
| Woodie | 1.10 | 1.54 | 1.90 | 2.34 | 2.70 | 3.14 | 3.50 |
| Fibonacci | 1.55 | 1.86 | 2.05 | 2.35 | 2.66 | 2.85 | 3.15 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.28 | 1.11 | 1.62 | 2.45 | 2.96 | 3.79 | 4.30 |
| Camarilla | 1.75 | 1.87 | 2.00 | 2.12 | 2.24 | 2.37 | 2.49 |
| Woodie | 0.11 | 1.03 | 1.45 | 2.37 | 2.79 | 3.71 | 4.13 |
| Fibonacci | 1.11 | 1.63 | 1.94 | 2.45 | 2.97 | 3.28 | 3.79 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 56.02 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 4.94 | |
| AROON (14): | -7.15 | |
| DEMA (21): | 2.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.35 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 2.22 | |
| Zig ZAG (10): | 2.27 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 36.52 | |
| TEMA (21): | 2.25 | |
| Williams %R (14): | -56.50 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | -1.3600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.08 |
| MA7: | 2.23 | |
| MA20: | 2.34 | |
| MA50: | 2.52 | |
| MA100: | 2.35 | |
| MAexp7: | 2.25 | |
| MAexp20: | 2.25 | |
| MAexp50: | 2.23 | |
| MAexp100: | 2.24 | |
| Price / MA7: | +0.90% | |
| Price / MA20: | -3.85% | |
| Price / MA50: | -10.71% | |
| Price / MA100: | -4.26% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.90% | |
| Price / MAexp100: | +0.45% |
Quotes :
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Real time data
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