Londinia Opportunities Analyses - 05/04/2024 (GMT) DEGO FINANCE - DEGO/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | DEGOUSDT |
| 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
72%
11%
17%
My opinion
Bullish above 2.21 USDT
My targets
2.26 USDT (+1.35%)
2.30 USDT (+3.14%)
My analysis
The basic bullish trend is very strong on DEGO FINANCE - DEGO/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 2.21 USDT. Crossing the first resistance at 2.26 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 2.30 USDT as an objective. Crossing it would then enable buyers to target 2.43 USDT. Caution, a return to below 2.21 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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Additional analysis
Quotes
The DEGO FINANCE - DEGO/USDT price is 2.23 USDT. The price registered an increase of +1.83% on the session and was traded between 2.18 USDT and 2.28 USDT over the period. The price is currently at +2.29% from its lowest and -2.19% from its highest.2.18
2.28
2.23
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 DEGO FINANCE - DEGO/USDT in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.09 | 2.14 | 2.21 | 2.23 | 2.26 | 2.30 | 2.43 |
| Change (%) | -6.28% | -4.04% | -0.90% | - | +1.35% | +3.14% | +8.97% |
| Change | -0.14 | -0.09 | -0.02 | - | +0.03 | +0.07 | +0.20 |
| Level | Major | Intermediate | Minor | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.96 | 2.05 | 2.12 | 2.21 | 2.28 | 2.37 | 2.44 |
| Camarilla | 2.15 | 2.16 | 2.18 | 2.19 | 2.21 | 2.22 | 2.23 |
| Woodie | 1.95 | 2.05 | 2.11 | 2.21 | 2.27 | 2.37 | 2.43 |
| Fibonacci | 2.05 | 2.11 | 2.15 | 2.21 | 2.27 | 2.31 | 2.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.70 | 1.89 | 2.07 | 2.26 | 2.44 | 2.63 | 2.81 |
| Camarilla | 2.14 | 2.17 | 2.21 | 2.24 | 2.27 | 2.31 | 2.34 |
| Woodie | 1.69 | 1.89 | 2.06 | 2.26 | 2.43 | 2.63 | 2.80 |
| Fibonacci | 1.89 | 2.04 | 2.12 | 2.26 | 2.41 | 2.49 | 2.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.49 | 0.71 | 1.37 | 2.57 | 3.23 | 4.43 | 5.09 |
| Camarilla | 1.53 | 1.70 | 1.87 | 2.04 | 2.21 | 2.38 | 2.55 |
| Woodie | -0.75 | 0.58 | 1.11 | 2.44 | 2.97 | 4.30 | 4.83 |
| Fibonacci | 0.71 | 1.42 | 1.86 | 2.57 | 3.28 | 3.72 | 4.43 |
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): | 55.21 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 14.43 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 2.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.21 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 2.17 | |
| Zig ZAG (10): | 2.23 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 54.74 | |
| TEMA (21): | 2.23 | |
| Williams %R (14): | -51.10 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 2.90 |
| MA7: | 2.16 | |
| MA20: | 2.23 | |
| MA50: | 2.86 | |
| MA100: | 2.70 | |
| MAexp7: | 2.23 | |
| MAexp20: | 2.21 | |
| MAexp50: | 2.19 | |
| MAexp100: | 2.16 | |
| Price / MA7: | +3.24% | |
| Price / MA20: | -0% | |
| Price / MA50: | -22.03% | |
| Price / MA100: | -17.41% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.90% | |
| Price / MAexp50: | +1.83% | |
| Price / MAexp100: | +3.24% |
Quotes :
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Real time data
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