Londinia Opportunities Analyses - 09/16/2024 (GMT) BLUR - BLUR/USDT - 1H

BLUR - BLUR/USDT
- USDT (-)
- Real time data - CoinMarketCap
Type: Cryptocurrencies
Ticker: BLURUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.169625 USDT
My targets
0.167117 USDT (-0.86%)
0.153098 USDT (-9.18%)
My analysis
BLUR - BLUR/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.169625 USDT. The next support located at 0.167117 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.153098 USDT. Below this support, sellers could then target 0.148597 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The BLUR - BLUR/USDT price is 0.168567 USDT. On the day, this instrument lost -5.01% and was between 0.167076 USDT and 0.177465 USDT. This implies that the price is at +0.89% from its lowest and at -5.01% from its highest.

0.167076
0.177465
0.168567

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BLUR - BLUR/USDT:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of BLUR - BLUR/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 12 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.148597 0.168567 0.169625 0.177920 0.185505
Change (%) -11.85% - +0.63% +5.55% +10.05%
Change -0.019970 - +0.001058 +0.009353 +0.016938
Level Major - Intermediate Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1600820.1678610.1726580.1804370.1852340.1930130.197810
Camarilla0.1739970.1751490.1763020.1774550.1786080.1797610.180913
Woodie0.1585910.1671160.1711670.1796920.1837430.1922680.196319
Fibonacci0.1678610.1726650.1756330.1804370.1852410.1882090.193013


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1425310.1530980.1671170.1776840.1917030.2022700.216289
Camarilla0.1743760.1766300.1788830.1811370.1833910.1856440.187898
Woodie0.1442580.1539610.1688440.1785470.1934300.2031330.218016
Fibonacci0.1530980.1624900.1682920.1776840.1870760.1928780.202270


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0108080.0598530.1084070.1574520.2060060.2550510.303605
Camarilla0.1301220.1390690.1480150.1569620.1659090.1748550.183802
Woodie0.0105640.0597300.1081630.1573290.2057620.2549280.303361
Fibonacci0.0598530.0971360.1201690.1574520.1947350.2177680.255051

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): 33.59
MACD (12,26,9): -0.0028
Directional Movement: -23.319464
AROON (14): -42.857143
DEMA (21): 0.169875
Parabolic SAR (0,02-0,02-0,2): 0.174935
Elder Ray (13): -0.002125
Super Trend (3,10): 0.176441
Zig ZAG (10): 0.169173
VORTEX (21): 0.7289
Stochastique (14,3,5): 20.70
TEMA (21): 0.168713
Williams %R (14): -84.36
Chande Momentum Oscillator (20): -0.002897
Repulse (5,40,3): -1.2248
ROCnROLL: 2
TRIX (15,9): -0.2208
Courbe Coppock: 5.13
MA7: 0.179114
MA20: 0.166761
MA50: 0.165484
MA100: 0.193738
MAexp7: 0.170580
MAexp20: 0.173475
MAexp50: 0.177101
MAexp100: 0.178322
Price / MA7: -5.89%
Price / MA20: +1.08%
Price / MA50: +1.86%
Price / MA100: -12.99%
Price / MAexp7: -1.18%
Price / MAexp20: -2.83%
Price / MAexp50: -4.82%
Price / MAexp100: -5.47%

Quotes : - Real time data - Cryptocompare