Londinia Opportunities Analyses - 11/20/2024 (GMT) PHOENIX GLOBAL [V2] (X10000) - PHB/BTC - 1H
![PHOENIX GLOBAL [V2] (X10000) - PHB/BTC](/cache/medias/logo_crypto/150x80-thumb/PHB.webp?v=1 "PHOENIX GLOBAL [V2] (X10000) - PHB/BTC"){kind=logo}
| Type: | Cryptocurrencies |
| Ticker: | PHBBTC |
| 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 bearish
Underlying:
Strongly bearish
Technical indicators
6%
78%
17%
My opinion
Bearish under 0.181950 BTC
My targets
0.168533 BTC (-4.78%)
0.139767 BTC (-21.04%)
My analysis
PHOENIX GLOBAL [V2] (X10000) - PHB/BTC 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 0.181950 BTC. The next support located at 0.168533 BTC 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 0.139767 BTC. Below this support, sellers could then target 0.042333 BTC. 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8.4
![PHOENIX GLOBAL [V2] (X10000) - PHB/BTC - 1H](/cache/medias/analysis_ia_opp/248x187-thumb/765298.webp)
![PHOENIX GLOBAL [V2] (X10000) - PHB/BTC - 1H](/cache/medias/analysis_ia_opp/806x806-thumb/765298.webp)
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
Additional analysis
Quotes
The PHOENIX GLOBAL [V2] (X10000) - PHB/BTC rating is 0.177000 BTC. The price registered a decrease of -5.65% on the session and was traded between 0.177000 BTC and 0.187600 BTC over the period. The price is currently at 0% from its lowest and -5.65% from its highest.0.177000
0.187600
0.177000
Here is a more detailed summary of the historical variations registered by PHOENIX GLOBAL [V2] (X10000) - PHB/BTC:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this PHOENIX GLOBAL [V2] (X10000) - PHB/BTC chart shows a sharp bearish trend. 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
Downside gap
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.042333 | 0.177000 | 0.181950 | 0.186718 | 0.199236 |
| Change (%) | -76.08% | - | +2.80% | +5.49% | +12.56% |
| Change | -0.134667 | - | +0.004950 | +0.009718 | +0.022236 |
| Level | Minor | - | Major | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.161833 | 0.172867 | 0.180233 | 0.191267 | 0.198633 | 0.209667 | 0.217033 |
| Camarilla | 0.182540 | 0.184227 | 0.185913 | 0.187600 | 0.189287 | 0.190973 | 0.192660 |
| Woodie | 0.160000 | 0.171950 | 0.178400 | 0.190350 | 0.196800 | 0.208750 | 0.215200 |
| Fibonacci | 0.172867 | 0.179896 | 0.184238 | 0.191267 | 0.198296 | 0.202638 | 0.209667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.096433 | 0.139767 | 0.168533 | 0.211867 | 0.240633 | 0.283967 | 0.312733 |
| Camarilla | 0.177473 | 0.184082 | 0.190691 | 0.197300 | 0.203909 | 0.210518 | 0.217128 |
| Woodie | 0.089150 | 0.136125 | 0.161250 | 0.208225 | 0.233350 | 0.280325 | 0.305450 |
| Fibonacci | 0.139767 | 0.167309 | 0.184325 | 0.211867 | 0.239409 | 0.256425 | 0.283967 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.054500 | 0.140000 | 0.189800 | 0.275300 | 0.325100 | 0.410600 | 0.460400 |
| Camarilla | 0.202393 | 0.214795 | 0.227198 | 0.239600 | 0.252003 | 0.264405 | 0.276808 |
| Woodie | 0.036650 | 0.131075 | 0.171950 | 0.266375 | 0.307250 | 0.401675 | 0.442550 |
| Fibonacci | 0.140000 | 0.191685 | 0.223615 | 0.275300 | 0.326985 | 0.358915 | 0.410600 |
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): | 32.76 | |
| MACD (12,26,9): | -0.0029 | |
| Directional Movement: | -14.832665 | |
| AROON (14): | -100.000000 | |
| DEMA (21): | 0.178809 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.184243 | |
| Elder Ray (13): | -0.003276 | |
| Super Trend (3,10): | 0.184442 | |
| Zig ZAG (10): | 0.177700 | |
| VORTEX (21): | 0.8231 | |
| Stochastique (14,3,5): | 11.33 | |
| TEMA (21): | 0.178104 | |
| Williams %R (14): | -98.63 | |
| Chande Momentum Oscillator (20): | -0.003900 | |
| Repulse (5,40,3): | -1.7400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2220 | |
| Courbe Coppock: | 5.28 |
| MA7: | 0.190871 | |
| MA20: | 0.215845 | |
| MA50: | 0.256988 | |
| MA100: | 0.238531 | |
| MAexp7: | 0.179779 | |
| MAexp20: | 0.182695 | |
| MAexp50: | 0.187214 | |
| MAexp100: | 0.191477 | |
| Price / MA7: | -7.27% | |
| Price / MA20: | -18.00% | |
| Price / MA50: | -31.13% | |
| Price / MA100: | -25.80% | |
| Price / MAexp7: | -1.55% | |
| Price / MAexp20: | -3.12% | |
| Price / MAexp50: | -5.46% | |
| Price / MAexp100: | -7.56% |
Quotes :
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Real time data
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