Londinia Opportunities Analyses - 05/04/2024 (GMT) PUNDI X - PUNDIX/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | PUNDIXUSDT |
| 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
67%
11%
22%
My opinion
Bullish above 0.636734 USDT
My targets
0.668789 USDT (+2.69%)
0.699593 USDT (+7.42%)
My analysis
The bullish trend is currently very strong on PUNDI X - PUNDIX/USDT. As long as the price remains above the support at 0.636734 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.668789 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.699593 USDT as an objective. Crossing it would then enable buyers to target 0.731089 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
7.9
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Additional analysis
Quotes
The PUNDI X - PUNDIX/USDT rating is 0.651242 USDT. On the day, this instrument gained +3.71% with the lowest point at 0.627042 USDT and the highest point at 0.672623 USDT. The deviation from the price is +3.86% for the low point and -3.18% for the high point.0.627042
0.672623
0.651242
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of PUNDI X - PUNDIX/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.598977 | 0.620046 | 0.636734 | 0.651242 | 0.668789 | 0.699593 | 0.731089 |
| Change (%) | -8.03% | -4.79% | -2.23% | - | +2.69% | +7.42% | +12.26% |
| Change | -0.052265 | -0.031196 | -0.014508 | - | +0.017547 | +0.048351 | +0.079847 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.555913 | 0.577207 | 0.602565 | 0.623859 | 0.649217 | 0.670511 | 0.695869 |
| Camarilla | 0.615093 | 0.619369 | 0.623646 | 0.627922 | 0.632198 | 0.636475 | 0.640751 |
| Woodie | 0.557944 | 0.578223 | 0.604596 | 0.624875 | 0.651248 | 0.671527 | 0.697900 |
| Fibonacci | 0.577207 | 0.595028 | 0.606038 | 0.623859 | 0.641680 | 0.652690 | 0.670511 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.391059 | 0.516824 | 0.597624 | 0.723389 | 0.804189 | 0.929954 | 1.010754 |
| Camarilla | 0.621618 | 0.640553 | 0.659488 | 0.678423 | 0.697358 | 0.716293 | 0.735228 |
| Woodie | 0.368576 | 0.505583 | 0.575141 | 0.712148 | 0.781706 | 0.918713 | 0.988271 |
| Fibonacci | 0.516824 | 0.595732 | 0.644482 | 0.723389 | 0.802297 | 0.851047 | 0.929954 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.081182 | 0.212144 | 0.402344 | 0.695670 | 0.885870 | 1.179196 | 1.369396 |
| Camarilla | 0.459574 | 0.503898 | 0.548221 | 0.592544 | 0.636867 | 0.681190 | 0.725514 |
| Woodie | -0.132745 | 0.186363 | 0.350781 | 0.669889 | 0.834307 | 1.153415 | 1.317833 |
| Fibonacci | 0.212144 | 0.396851 | 0.510963 | 0.695670 | 0.880377 | 0.994489 | 1.179196 |
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): | 71.18 | |
| MACD (12,26,9): | 0.0102 | |
| Directional Movement: | 35.465526 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.647208 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.645258 | |
| Elder Ray (13): | 0.008740 | |
| Super Trend (3,10): | 0.623554 | |
| Zig ZAG (10): | 0.647885 | |
| VORTEX (21): | 1.2842 | |
| Stochastique (14,3,5): | 54.61 | |
| TEMA (21): | 0.651134 | |
| Williams %R (14): | -48.28 | |
| Chande Momentum Oscillator (20): | 0.023752 | |
| Repulse (5,40,3): | -0.2633 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2012 | |
| Courbe Coppock: | 8.35 |
| MA7: | 0.623052 | |
| MA20: | 0.654888 | |
| MA50: | 0.668256 | |
| MA100: | 0.583084 | |
| MAexp7: | 0.645347 | |
| MAexp20: | 0.634462 | |
| MAexp50: | 0.621183 | |
| MAexp100: | 0.619302 | |
| Price / MA7: | +4.52% | |
| Price / MA20: | -0.56% | |
| Price / MA50: | -2.55% | |
| Price / MA100: | +11.69% | |
| Price / MAexp7: | +0.91% | |
| Price / MAexp20: | +2.64% | |
| Price / MAexp50: | +4.84% | |
| Price / MAexp100: | +5.16% |
Quotes :
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Real time data
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