Londinia Opportunities Analyses - 07/26/2024 (GMT) BOUNCE - AUCTION/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | AUCTIONETH |
| 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
67%
17%
17%
My opinion
Bullish above 0.005133 ETH
My targets
0.005314 ETH (+1.86%)
0.006005 ETH (+15.10%)
My analysis
BOUNCE - AUCTION/ETH is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.005133 ETH. The next resistance located at 0.005314 ETH is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.006005 ETH. After this resistance, buyers could then target 0.006516 ETH. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The BOUNCE - AUCTION/ETH price is 0.005217 ETH. The price registered an increase of +0.15% on the session with the lowest point at 0.004973 ETH and the highest point at 0.005217 ETH. The deviation from the price is +4.91% for the low point and 0% for the high point.0.004973
0.005217
0.005217
Here is a more detailed summary of the historical variations registered by BOUNCE - AUCTION/ETH:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of BOUNCE - AUCTION/ETH 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 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 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
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 2
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.004759 | 0.005023 | 0.005133 | 0.005217 | 0.006516 | 0.007743 | 0.010347 |
| Change (%) | -8.78% | -3.72% | -1.61% | - | +24.90% | +48.42% | +98.33% |
| Change | -0.000458 | -0.000194 | -0.000084 | - | +0.001299 | +0.002526 | +0.005130 |
| Level | Minor | Minor | Minor | - | Minor | Minor | Minor |
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 | 0.004256 | 0.004449 | 0.004829 | 0.005022 | 0.005402 | 0.005595 | 0.005975 |
| Camarilla | 0.005051 | 0.005104 | 0.005157 | 0.005209 | 0.005262 | 0.005314 | 0.005367 |
| Woodie | 0.004350 | 0.004496 | 0.004923 | 0.005069 | 0.005496 | 0.005642 | 0.006069 |
| Fibonacci | 0.004449 | 0.004668 | 0.004803 | 0.005022 | 0.005241 | 0.005376 | 0.005595 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004009 | 0.004164 | 0.004444 | 0.004599 | 0.004879 | 0.005034 | 0.005314 |
| Camarilla | 0.004604 | 0.004644 | 0.004684 | 0.004724 | 0.004764 | 0.004804 | 0.004844 |
| Woodie | 0.004072 | 0.004195 | 0.004507 | 0.004630 | 0.004942 | 0.005065 | 0.005377 |
| Fibonacci | 0.004164 | 0.004330 | 0.004433 | 0.004599 | 0.004765 | 0.004868 | 0.005034 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002033 | 0.003218 | 0.004019 | 0.005204 | 0.006005 | 0.007190 | 0.007991 |
| Camarilla | 0.004274 | 0.004456 | 0.004638 | 0.004820 | 0.005002 | 0.005184 | 0.005366 |
| Woodie | 0.001841 | 0.003122 | 0.003827 | 0.005108 | 0.005813 | 0.007094 | 0.007799 |
| Fibonacci | 0.003218 | 0.003977 | 0.004445 | 0.005204 | 0.005963 | 0.006431 | 0.007190 |
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): | 59.31 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 14.180995 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.005175 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.004973 | |
| Elder Ray (13): | 0.000104 | |
| Super Trend (3,10): | 0.004979 | |
| Zig ZAG (10): | 0.005217 | |
| VORTEX (21): | 0.9636 | |
| Stochastique (14,3,5): | 40.56 | |
| TEMA (21): | 0.005172 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.000121 | |
| Repulse (5,40,3): | -2.6458 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2420 | |
| Courbe Coppock: | 5.34 |
| MA7: | 0.004809 | |
| MA20: | 0.004615 | |
| MA50: | 0.004929 | |
| MA100: | 0.005138 | |
| MAexp7: | 0.005124 | |
| MAexp20: | 0.005081 | |
| MAexp50: | 0.004951 | |
| MAexp100: | 0.004831 | |
| Price / MA7: | +8.48% | |
| Price / MA20: | +13.04% | |
| Price / MA50: | +5.84% | |
| Price / MA100: | +1.54% | |
| Price / MAexp7: | +1.81% | |
| Price / MAexp20: | +2.68% | |
| Price / MAexp50: | +5.37% | |
| Price / MAexp100: | +7.99% |
Quotes :
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Real time data
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Cryptocompare