Londinia Opportunities Analyses - 05/17/2024 (GMT) EVERSCALE - EVER/USDT - 1H

EVERSCALE - EVER/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: EVERUSDT
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: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.044842 USDT
My targets
0.046785 USDT (+2.25%)
0.047844 USDT (+4.57%)
My analysis
The bullish trend is currently very strong on EVERSCALE - EVER/USDT. As long as the price remains above the support at 0.044842 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.046785 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.047844 USDT as an objective. Crossing it would then enable buyers to target 0.048434 USDT. 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.

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
8.8

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Additional analysis

Quotes

The EVERSCALE - EVER/USDT price is 0.045754 USDT. The price has increased by +3.22% since the last closing with the lowest point at 0.044280 USDT and the highest point at 0.045868 USDT. The deviation from the price is +3.33% for the low point and -0.25% for the high point.

0.044280
0.045868
0.045754

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 this 1H chart of EVERSCALE - EVER/USDT 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 market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.042380 0.044105 0.044842 0.045754 0.045944 0.046785 0.047844
Change (%) -7.37% -3.60% -1.99% - +0.42% +2.25% +4.57%
Change -0.003374 -0.001649 -0.000912 - +0.000190 +0.001031 +0.002090
Level Intermediate Minor Intermediate - Minor Minor 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
Standard0.0417690.0429280.0436270.0447860.0454850.0466440.047343
Camarilla0.0438160.0439860.0441570.0443270.0444970.0446680.044838
Woodie0.0415400.0428130.0433980.0446710.0452560.0465290.047114
Fibonacci0.0429280.0436370.0440760.0447860.0454950.0459340.046644


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0354280.0378440.0419530.0443690.0484780.0508940.055003
Camarilla0.0442680.0448660.0454640.0460620.0466600.0472580.047856
Woodie0.0362750.0382670.0428000.0447920.0493250.0513170.055850
Fibonacci0.0378440.0403370.0418770.0443690.0468620.0484020.050894


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0109300.0217330.0274700.0382730.0440100.0548130.060550
Camarilla0.0286590.0301750.0316910.0332070.0347230.0362390.037756
Woodie0.0083970.0204670.0249370.0370070.0414770.0535470.058017
Fibonacci0.0217330.0280510.0319550.0382730.0445910.0484950.054813

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): 64.50
MACD (12,26,9): 0.0002
Directional Movement: -1.246800
AROON (14): 71.428572
DEMA (21): 0.045563
Parabolic SAR (0,02-0,02-0,2): 0.045145
Elder Ray (13): 0.000345
Super Trend (3,10): 0.044659
Zig ZAG (10): 0.045785
VORTEX (21): 1.0909
Stochastique (14,3,5): 90.95
TEMA (21): 0.045681
Williams %R (14): -4.58
Chande Momentum Oscillator (20): 0.001456
Repulse (5,40,3): 0.8990
ROCnROLL: 1
TRIX (15,9): 0.0484
Courbe Coppock: 5.07
MA7: 0.044992
MA20: 0.041477
MA50: 0.039100
MA100: 0.042773
MAexp7: 0.045580
MAexp20: 0.045282
MAexp50: 0.044975
MAexp100: 0.044821
Price / MA7: +1.69%
Price / MA20: +10.31%
Price / MA50: +17.02%
Price / MA100: +6.97%
Price / MAexp7: +0.38%
Price / MAexp20: +1.04%
Price / MAexp50: +1.73%
Price / MAexp100: +2.08%

Quotes : - Real time data - Cryptocompare