Londinia Opportunities Analyses - 05/04/2024 (GMT) BLOCKCHAIN BRAWLERS - BRWL/USDT - 1H

BLOCKCHAIN BRAWLERS - BRWL/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: BRWLUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 0.008706 USDT
My targets
0.008933 USDT (+1.70%)
0.009281 USDT (+5.66%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BLOCKCHAIN BRAWLERS - BRWL/USDT as long as the price remains well above 0.008706 USDT. The buyers' bullish objective is set at 0.008933 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.009281 USDT. If there is any crossing, the next objective would be the resistance located at 0.009939 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

BLOCKCHAIN BRAWLERS - BRWL/USDT rating 0.008784 USDT. The price has increased by +0.18% since the last closing with the lowest point at 0.008249 USDT and the highest point at 0.009054 USDT. The deviation from the price is +6.49% for the low point and -2.98% for the high point.

0.008249
0.009054
0.008784

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of BLOCKCHAIN BRAWLERS - BRWL/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

MACD crosses UP its Moving Average

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


S3S2S1PriceR1R2R3
ProTrendLines 0.008163 0.008454 0.008706 0.008784 0.008933 0.009281 0.009939
Change (%) -7.07% -3.76% -0.89% - +1.70% +5.66% +13.15%
Change -0.000621 -0.000330 -0.000078 - +0.000149 +0.000497 +0.001155
Level Intermediate Minor Minor - Intermediate 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
Standard0.0050260.0063890.0075790.0089420.0101320.0114950.012685
Camarilla0.0080660.0083000.0085340.0087680.0090020.0092360.009470
Woodie0.0049390.0063460.0074920.0088990.0100450.0114520.012598
Fibonacci0.0063890.0073650.0079670.0089420.0099180.0105200.011495


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0022900.0049680.0070210.0096990.0117520.0144300.016483
Camarilla0.0077730.0082070.0086400.0090740.0095080.0099410.010375
Woodie0.0019780.0048120.0067090.0095430.0114400.0142740.016171
Fibonacci0.0049680.0067750.0078920.0096990.0115060.0126230.014430


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0012700.0042610.0063940.0093850.0115180.0145090.016642
Camarilla0.0071170.0075870.0080560.0085260.0089960.0094650.009935
Woodie0.0008400.0040470.0059640.0091710.0110880.0142950.016212
Fibonacci0.0042610.0062190.0074280.0093850.0113430.0125520.014509

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 57.67
MACD (12,26,9): 0.0001
Directional Movement: 17.114450
AROON (14): -42.857143
DEMA (21): 0.008701
Parabolic SAR (0,02-0,02-0,2): 0.009024
Elder Ray (13): 0.000127
Super Trend (3,10): 0.008232
Zig ZAG (10): 0.008779
VORTEX (21): 1.0408
Stochastique (14,3,5): 60.12
TEMA (21): 0.008676
Williams %R (14): -33.46
Chande Momentum Oscillator (20): 0.000314
Repulse (5,40,3): 2.0319
ROCnROLL: 1
TRIX (15,9): 0.1177
Courbe Coppock: 1.60
MA7: 0.008398
MA20: 0.008649
MA50: 0.009686
MA100: 0.011267
MAexp7: 0.008675
MAexp20: 0.008580
MAexp50: 0.008438
MAexp100: 0.008375
Price / MA7: +4.60%
Price / MA20: +1.56%
Price / MA50: -9.31%
Price / MA100: -22.04%
Price / MAexp7: +1.26%
Price / MAexp20: +2.38%
Price / MAexp50: +4.10%
Price / MAexp100: +4.88%

Quotes : - Real time data - Cryptocompare