Londinia Opportunities Analyses - 05/17/2024 (GMT) TOKOCRYPTO - TKO/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | TKOUSDT |
| 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 0.415792 USDT
My targets
0.437000 USDT (+2.94%)
0.495610 USDT (+16.74%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TOKOCRYPTO - TKO/USDT as long as the price remains well above 0.415792 USDT. The buyers' bullish objective is set at 0.437000 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.495610 USDT. If there is any crossing, the next objective would be the resistance located at 0.553921 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
7.3
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Additional analysis
Quotes
The TOKOCRYPTO - TKO/USDT price is 0.424533 USDT. The price has increased by +0.65% since the last closing and was traded between 0.418115 USDT and 0.427048 USDT over the period. The price is currently at +1.53% from its lowest and -0.59% from its highest.0.418115
0.427048
0.424533
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TOKOCRYPTO - TKO/USDT:
Technical
Technical analysis of this 1H chart of TOKOCRYPTO - TKO/USDT indicates that the overall trend is strongly bullish. 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 is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 13 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
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.393152 | 0.408579 | 0.415792 | 0.424533 | 0.425459 | 0.437000 | 0.553921 |
| Change (%) | -7.39% | -3.76% | -2.06% | - | +0.22% | +2.94% | +30.48% |
| Change | -0.031381 | -0.015954 | -0.008741 | - | +0.000926 | +0.012467 | +0.129388 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.380441 | 0.394530 | 0.408158 | 0.422247 | 0.435875 | 0.449964 | 0.463592 |
| Camarilla | 0.414165 | 0.416706 | 0.419246 | 0.421787 | 0.424328 | 0.426869 | 0.429409 |
| Woodie | 0.380212 | 0.394415 | 0.407929 | 0.422132 | 0.435646 | 0.449849 | 0.463363 |
| Fibonacci | 0.394530 | 0.405118 | 0.411659 | 0.422247 | 0.432835 | 0.439376 | 0.449964 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.292145 | 0.342620 | 0.368640 | 0.419115 | 0.445135 | 0.495610 | 0.521630 |
| Camarilla | 0.373625 | 0.380637 | 0.387649 | 0.394661 | 0.401673 | 0.408685 | 0.415697 |
| Woodie | 0.279919 | 0.336506 | 0.356414 | 0.413001 | 0.432909 | 0.489496 | 0.509404 |
| Fibonacci | 0.342620 | 0.371841 | 0.389894 | 0.419115 | 0.448336 | 0.466389 | 0.495610 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.025502 | 0.168503 | 0.295293 | 0.489298 | 0.616088 | 0.810093 | 0.936883 |
| Camarilla | 0.333865 | 0.363272 | 0.392678 | 0.422084 | 0.451490 | 0.480896 | 0.510303 |
| Woodie | -0.059109 | 0.151699 | 0.261687 | 0.472494 | 0.582482 | 0.793289 | 0.903277 |
| Fibonacci | 0.168503 | 0.291046 | 0.366754 | 0.489298 | 0.611841 | 0.687549 | 0.810093 |
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): | 55.92 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 0.395157 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.422189 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.412782 | |
| Elder Ray (13): | 0.002696 | |
| Super Trend (3,10): | 0.431137 | |
| Zig ZAG (10): | 0.424793 | |
| VORTEX (21): | 0.9457 | |
| Stochastique (14,3,5): | 67.38 | |
| TEMA (21): | 0.419460 | |
| Williams %R (14): | -12.25 | |
| Chande Momentum Oscillator (20): | 0.013639 | |
| Repulse (5,40,3): | 0.8807 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0070 | |
| Courbe Coppock: | 3.10 |
| MA7: | 0.407979 | |
| MA20: | 0.428490 | |
| MA50: | 0.487020 | |
| MA100: | 0.501311 | |
| MAexp7: | 0.421557 | |
| MAexp20: | 0.421225 | |
| MAexp50: | 0.416869 | |
| MAexp100: | 0.412011 | |
| Price / MA7: | +4.06% | |
| Price / MA20: | -0.92% | |
| Price / MA50: | -12.83% | |
| Price / MA100: | -15.32% | |
| Price / MAexp7: | +0.71% | |
| Price / MAexp20: | +0.79% | |
| Price / MAexp50: | +1.84% | |
| Price / MAexp100: | +3.04% |
Quotes :
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Real time data
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Cryptocompare