Londinia Opportunities Analyses - 05/17/2024 (GMT) CHROMA (X10000) - CHR/BTC - 1H
| Type: | Cryptocurrencies |
| Ticker: | CHRBTC |
| ISIN: |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.049150 BTC
My targets
0.059210 BTC (+14.54%)
0.062021 BTC (+19.98%)
My analysis
The bullish trend is currently very strong on CHROMA (X10000) - CHR/BTC. As long as the price remains above the support at 0.049150 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.059210 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.062021 BTC as an objective. Crossing it would then enable buyers to target 0.076197 BTC. 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
8.4
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Additional analysis
Quotes
The CHROMA (X10000) - CHR/BTC price is 0.051692 BTC. The price registered an increase of +0.54% on the session with the lowest point at 0.051413 BTC and the highest point at 0.051805 BTC. The deviation from the price is +0.54% for the low point and -0.22% for the high point.0.051413
0.051805
0.051692
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHROMA (X10000) - CHR/BTC:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHROMA (X10000) - CHR/BTC indicates that the overall trend is strongly bullish. 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.044610 | 0.047500 | 0.048528 | 0.051692 | 0.062021 | 0.076197 | 0.091675 |
| Change (%) | -13.70% | -8.11% | -6.12% | - | +19.98% | +47.41% | +77.35% |
| Change | -0.007082 | -0.004192 | -0.003164 | - | +0.010329 | +0.024505 | +0.039983 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | Major |
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 | 0.046562 | 0.047673 | 0.049544 | 0.050655 | 0.052526 | 0.053637 | 0.055508 |
| Camarilla | 0.050594 | 0.050867 | 0.051141 | 0.051414 | 0.051687 | 0.051961 | 0.052234 |
| Woodie | 0.046941 | 0.047863 | 0.049923 | 0.050845 | 0.052905 | 0.053827 | 0.055887 |
| Fibonacci | 0.047673 | 0.048813 | 0.049516 | 0.050655 | 0.051795 | 0.052498 | 0.053637 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.037936 | 0.039849 | 0.041674 | 0.043587 | 0.045412 | 0.047325 | 0.049150 |
| Camarilla | 0.042472 | 0.042815 | 0.043157 | 0.043500 | 0.043843 | 0.044185 | 0.044528 |
| Woodie | 0.037893 | 0.039827 | 0.041631 | 0.043565 | 0.045369 | 0.047303 | 0.049107 |
| Fibonacci | 0.039849 | 0.041277 | 0.042159 | 0.043587 | 0.045015 | 0.045897 | 0.047325 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011956 | 0.027264 | 0.035583 | 0.050891 | 0.059210 | 0.074518 | 0.082837 |
| Camarilla | 0.037404 | 0.039569 | 0.041735 | 0.043901 | 0.046067 | 0.048233 | 0.050398 |
| Woodie | 0.008461 | 0.025517 | 0.032088 | 0.049144 | 0.055715 | 0.072771 | 0.079342 |
| Fibonacci | 0.027264 | 0.036290 | 0.041866 | 0.050891 | 0.059917 | 0.065493 | 0.074518 |
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): | 59.84 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 8.398661 | |
| AROON (14): | 71.428571 | |
| DEMA (21): | 0.051639 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.049641 | |
| Elder Ray (13): | 0.000606 | |
| Super Trend (3,10): | 0.049274 | |
| Zig ZAG (10): | 0.051773 | |
| VORTEX (21): | 1.0564 | |
| Stochastique (14,3,5): | 92.79 | |
| TEMA (21): | 0.051579 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.002315 | |
| Repulse (5,40,3): | 1.6099 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2211 | |
| Courbe Coppock: | 2.07 |
| MA7: | 0.047132 | |
| MA20: | 0.045672 | |
| MA50: | 0.051087 | |
| MA100: | 0.059486 | |
| MAexp7: | 0.051294 | |
| MAexp20: | 0.050627 | |
| MAexp50: | 0.049155 | |
| MAexp100: | 0.047563 | |
| Price / MA7: | +9.67% | |
| Price / MA20: | +13.18% | |
| Price / MA50: | +1.18% | |
| Price / MA100: | -13.10% | |
| Price / MAexp7: | +0.78% | |
| Price / MAexp20: | +2.10% | |
| Price / MAexp50: | +5.16% | |
| Price / MAexp100: | +8.68% |
Quotes :
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Real time data
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Cryptocompare