Londinia Opportunities Analyses - 05/04/2024 (GMT) BITCOIN DIAMOND - BCD/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | BCDUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.110161 USDT
My targets
0.114780 USDT (+2.64%)
0.123617 USDT (+10.54%)
My analysis
BITCOIN DIAMOND - BCD/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.110161 USDT. The next resistance located at 0.114780 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.123617 USDT. After this resistance, buyers could then target 0.126280 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
8.6
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Additional analysis
Quotes
BITCOIN DIAMOND - BCD/USDT rating 0.111830 USDT. On the day, this instrument gained +2.19% with the lowest point at 0.108680 USDT and the highest point at 0.111990 USDT. The deviation from the price is +2.90% for the low point and -0.14% for the high point.0.108680
0.111990
0.111830
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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 BITCOIN DIAMOND - BCD/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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Downside gap
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.103720 | 0.106587 | 0.110161 | 0.111830 | 0.112006 | 0.114780 | 0.126280 |
| Change (%) | -7.25% | -4.69% | -1.49% | - | +0.16% | +2.64% | +12.92% |
| Change | -0.008110 | -0.005243 | -0.001669 | - | +0.000176 | +0.002950 | +0.014450 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Minor |
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 | 0.096470 | 0.100090 | 0.104760 | 0.108380 | 0.113050 | 0.116670 | 0.121340 |
| Camarilla | 0.107150 | 0.107910 | 0.108670 | 0.109430 | 0.110190 | 0.110950 | 0.111710 |
| Woodie | 0.096995 | 0.100353 | 0.105285 | 0.108643 | 0.113575 | 0.116933 | 0.121865 |
| Fibonacci | 0.100090 | 0.103257 | 0.105213 | 0.108380 | 0.111547 | 0.113503 | 0.116670 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.082383 | 0.089717 | 0.099333 | 0.106667 | 0.116283 | 0.123617 | 0.133233 |
| Camarilla | 0.104289 | 0.105843 | 0.107396 | 0.108950 | 0.110504 | 0.112058 | 0.113611 |
| Woodie | 0.083525 | 0.090288 | 0.100475 | 0.107238 | 0.117425 | 0.124188 | 0.134375 |
| Fibonacci | 0.089717 | 0.096192 | 0.100192 | 0.106667 | 0.113142 | 0.117142 | 0.123617 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011837 | 0.054253 | 0.077167 | 0.119583 | 0.142497 | 0.184913 | 0.207827 |
| Camarilla | 0.082114 | 0.088103 | 0.094091 | 0.100080 | 0.106069 | 0.112057 | 0.118046 |
| Woodie | 0.002085 | 0.049378 | 0.067415 | 0.114708 | 0.132745 | 0.180038 | 0.198075 |
| Fibonacci | 0.054253 | 0.079209 | 0.094627 | 0.119583 | 0.144539 | 0.159957 | 0.184913 |
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): | 57.48 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | -4.864543 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.110814 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.108252 | |
| Elder Ray (13): | 0.000666 | |
| Super Trend (3,10): | 0.107032 | |
| Zig ZAG (10): | 0.111100 | |
| VORTEX (21): | 1.2486 | |
| Stochastique (14,3,5): | 75.24 | |
| TEMA (21): | 0.110898 | |
| Williams %R (14): | -29.31 | |
| Chande Momentum Oscillator (20): | 0.002180 | |
| Repulse (5,40,3): | 1.6095 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0522 | |
| Courbe Coppock: | 2.92 |
| MA7: | 0.108000 | |
| MA20: | 0.105726 | |
| MA50: | 0.122932 | |
| MA100: | 0.111497 | |
| MAexp7: | 0.110723 | |
| MAexp20: | 0.110061 | |
| MAexp50: | 0.109048 | |
| MAexp100: | 0.107615 | |
| Price / MA7: | +3.55% | |
| Price / MA20: | +5.77% | |
| Price / MA50: | -9.03% | |
| Price / MA100: | +0.30% | |
| Price / MAexp7: | +1.00% | |
| Price / MAexp20: | +1.61% | |
| Price / MAexp50: | +2.55% | |
| Price / MAexp100: | +3.92% |
Quotes :
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Real time data
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Cryptocompare