Londinia Opportunities Analyses - 07/27/2024 (GMT) ZYNECOIN - ZYN/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | ZYNUSDT |
| 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
78%
6%
17%
My opinion
Bullish above 0.168400 USDT
My targets
0.178777 USDT (+4.24%)
0.184514 USDT (+7.58%)
My analysis
The bullish trend is currently very strong on ZYNECOIN - ZYN/USDT. As long as the price remains above the support at 0.168400 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.178777 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.184514 USDT as an objective. Crossing it would then enable buyers to target 0.199969 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
8.4
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Additional analysis
Quotes
The ZYNECOIN - ZYN/USDT rating is 0.171506 USDT. On the day, this instrument gained +3.54% with the lowest point at 0.164185 USDT and the highest point at 0.173929 USDT. The deviation from the price is +4.46% for the low point and -1.39% for the high point.0.164185
0.173929
0.171506
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this ZYNECOIN - ZYN/USDT chart shows a strongly bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.154245 | 0.161150 | 0.168400 | 0.171506 | 0.184514 | 0.199969 | 0.332600 |
| Change (%) | -10.06% | -6.04% | -1.81% | - | +7.58% | +16.60% | +93.93% |
| Change | -0.017261 | -0.010356 | -0.003106 | - | +0.013008 | +0.028463 | +0.161094 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | Intermediate |
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 | 0.138318 | 0.149612 | 0.157629 | 0.168923 | 0.176940 | 0.188234 | 0.196251 |
| Camarilla | 0.160337 | 0.162107 | 0.163877 | 0.165647 | 0.167417 | 0.169187 | 0.170958 |
| Woodie | 0.136681 | 0.148793 | 0.155992 | 0.168104 | 0.175303 | 0.187415 | 0.194614 |
| Fibonacci | 0.149612 | 0.156989 | 0.161546 | 0.168923 | 0.176300 | 0.180857 | 0.188234 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.080440 | 0.101167 | 0.113219 | 0.133946 | 0.145998 | 0.166725 | 0.178777 |
| Camarilla | 0.116258 | 0.119263 | 0.122267 | 0.125272 | 0.128277 | 0.131282 | 0.134286 |
| Woodie | 0.076104 | 0.098998 | 0.108883 | 0.131777 | 0.141662 | 0.164556 | 0.174441 |
| Fibonacci | 0.101167 | 0.113688 | 0.121424 | 0.133946 | 0.146467 | 0.154203 | 0.166725 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.083749 | 0.137179 | 0.168070 | 0.221500 | 0.252391 | 0.305821 | 0.336712 |
| Camarilla | 0.175773 | 0.183502 | 0.191232 | 0.198961 | 0.206690 | 0.214420 | 0.222149 |
| Woodie | 0.072480 | 0.131544 | 0.156801 | 0.215865 | 0.241122 | 0.300186 | 0.325443 |
| Fibonacci | 0.137179 | 0.169390 | 0.189289 | 0.221500 | 0.253711 | 0.273610 | 0.305821 |
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): | 58.95 | |
| MACD (12,26,9): | 0.0017 | |
| Directional Movement: | 11.806384 | |
| AROON (14): | 71.428572 | |
| DEMA (21): | 0.169449 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.164781 | |
| Elder Ray (13): | 0.002678 | |
| Super Trend (3,10): | 0.153250 | |
| Zig ZAG (10): | 0.170235 | |
| VORTEX (21): | 1.0441 | |
| Stochastique (14,3,5): | 67.12 | |
| TEMA (21): | 0.168976 | |
| Williams %R (14): | -26.24 | |
| Chande Momentum Oscillator (20): | 0.006196 | |
| Repulse (5,40,3): | -1.4119 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1358 | |
| Courbe Coppock: | 2.48 |
| MA7: | 0.154647 | |
| MA20: | 0.144549 | |
| MA50: | 0.189094 | |
| MA100: | 0.328110 | |
| MAexp7: | 0.168542 | |
| MAexp20: | 0.166685 | |
| MAexp50: | 0.162676 | |
| MAexp100: | 0.157448 | |
| Price / MA7: | +10.90% | |
| Price / MA20: | +18.65% | |
| Price / MA50: | -9.30% | |
| Price / MA100: | -47.73% | |
| Price / MAexp7: | +1.76% | |
| Price / MAexp20: | +2.89% | |
| Price / MAexp50: | +5.43% | |
| Price / MAexp100: | +8.93% |
Quotes :
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Real time data
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Cryptocompare