Londinia Opportunities Analyses - 05/04/2024 (GMT) TOMINET - TOMI/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | TOMIUSDT |
| 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:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.549825 USDT
My targets
0.600696 USDT (+6.47%)
0.637810 USDT (+13.05%)
My analysis
The basic bullish trend is very strong on TOMINET - TOMI/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.549825 USDT. Crossing the first resistance at 0.600696 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.637810 USDT as an objective. Crossing it would then enable buyers to target 0.981756 USDT. Caution, a return to below 0.549825 USDT would be a sign of a consolidation phase in the short-term basic trend. 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.
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
7.7
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Additional analysis
Quotes
TOMINET - TOMI/USDT rating 0.564172 USDT. The price has increased by +2.69% since the last closing and was traded between 0.534789 USDT and 0.569840 USDT over the period. The price is currently at +5.49% from its lowest and -0.99% from its highest.0.534789
0.569840
0.564172
A study of price movements over other periods shows the following variations:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this TOMINET - TOMI/USDT chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
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 | 0.505086 | 0.533135 | 0.549825 | 0.564172 | 0.600696 | 0.637810 | 0.981756 |
| Change (%) | -10.47% | -5.50% | -2.54% | - | +6.47% | +13.05% | +74.02% |
| Change | -0.059086 | -0.031037 | -0.014347 | - | +0.036524 | +0.073638 | +0.417584 |
| Level | Intermediate | Minor | Minor | - | Minor | Intermediate | Minor |
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 | 0.288820 | 0.376297 | 0.462857 | 0.550334 | 0.636894 | 0.724371 | 0.810931 |
| Camarilla | 0.501558 | 0.517511 | 0.533465 | 0.549418 | 0.565371 | 0.581325 | 0.597278 |
| Woodie | 0.288363 | 0.376068 | 0.462400 | 0.550105 | 0.636437 | 0.724142 | 0.810474 |
| Fibonacci | 0.376297 | 0.442779 | 0.483852 | 0.550334 | 0.616816 | 0.657889 | 0.724371 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.353854 | 0.429170 | 0.483603 | 0.558919 | 0.613352 | 0.688668 | 0.743101 |
| Camarilla | 0.502354 | 0.514248 | 0.526141 | 0.538035 | 0.549929 | 0.561822 | 0.573716 |
| Woodie | 0.343412 | 0.423949 | 0.473161 | 0.553698 | 0.602910 | 0.683447 | 0.732659 |
| Fibonacci | 0.429170 | 0.478735 | 0.509355 | 0.558919 | 0.608484 | 0.639104 | 0.688668 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.183541 | 0.130350 | 0.298429 | 0.612320 | 0.780399 | 1.094290 | 1.262369 |
| Camarilla | 0.333965 | 0.378146 | 0.422326 | 0.466507 | 0.510688 | 0.554868 | 0.599049 |
| Woodie | -0.256448 | 0.093897 | 0.225522 | 0.575867 | 0.707492 | 1.057837 | 1.189462 |
| Fibonacci | 0.130350 | 0.314463 | 0.428208 | 0.612320 | 0.796433 | 0.910178 | 1.094290 |
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): | 57.77 | |
| MACD (12,26,9): | 0.0072 | |
| Directional Movement: | 1.023484 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.563092 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.465894 | |
| Elder Ray (13): | 0.010615 | |
| Super Trend (3,10): | 0.584474 | |
| Zig ZAG (10): | 0.566969 | |
| VORTEX (21): | 0.9884 | |
| Stochastique (14,3,5): | 93.28 | |
| TEMA (21): | 0.562117 | |
| Williams %R (14): | -9.77 | |
| Chande Momentum Oscillator (20): | 0.016998 | |
| Repulse (5,40,3): | 2.1988 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1517 | |
| Courbe Coppock: | 7.31 |
| MA7: | 0.514533 | |
| MA20: | 0.539430 | |
| MA50: | 0.671531 | |
| MA100: | 0.890872 | |
| MAexp7: | 0.561107 | |
| MAexp20: | 0.552392 | |
| MAexp50: | 0.537215 | |
| MAexp100: | 0.522995 | |
| Price / MA7: | +9.65% | |
| Price / MA20: | +4.59% | |
| Price / MA50: | -15.99% | |
| Price / MA100: | -36.67% | |
| Price / MAexp7: | +0.55% | |
| Price / MAexp20: | +2.13% | |
| Price / MAexp50: | +5.02% | |
| Price / MAexp100: | +7.87% |
Quotes :
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Real time data
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