Londinia Opportunities Analyses - 11/20/2024 (GMT) ECHELON PRIME - PRIME/USDT - 1H
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USDT
(-)
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Real time data - CoinMarketCap
| Type: | Cryptocurrencies |
| Ticker: | PRIMEUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
83%
11%
My opinion
Bearish under 7.97 USDT
My targets
7.18 USDT (-7.63%)
6.35 USDT (-18.28%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ECHELON PRIME - PRIME/USDT as long as the price remains well below 7.97 USDT. The sellers' bearish objective is set at 7.18 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.35 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
8.6
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The ECHELON PRIME - PRIME/USDT rating is 7.77 USDT. The price registered a decrease of -7.72% on the session and was traded between 7.43 USDT and 8.49 USDT over the period. The price is currently at +4.58% from its lowest and -8.48% from its highest.7.43
8.49
7.77
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of ECHELON PRIME - PRIME/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 6.35 | 7.77 | 7.97 | 8.22 | 8.60 |
| Change (%) | -18.28% | - | +2.57% | +5.79% | +10.68% |
| Change | -1.42 | - | +0.20 | +0.45 | +0.83 |
| Level | Minor | - | Minor | Intermediate | Major |
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 | 7.27 | 7.77 | 8.09 | 8.59 | 8.91 | 9.41 | 9.73 |
| Camarilla | 8.20 | 8.27 | 8.35 | 8.42 | 8.50 | 8.57 | 8.65 |
| Woodie | 7.19 | 7.73 | 8.01 | 8.55 | 8.83 | 9.37 | 9.65 |
| Fibonacci | 7.77 | 8.08 | 8.27 | 8.59 | 8.90 | 9.09 | 9.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.66 | 5.30 | 7.18 | 8.82 | 10.70 | 12.34 | 14.22 |
| Camarilla | 8.08 | 8.41 | 8.73 | 9.05 | 9.37 | 9.70 | 10.02 |
| Woodie | 3.77 | 5.36 | 7.29 | 8.88 | 10.81 | 12.40 | 14.33 |
| Fibonacci | 5.30 | 6.65 | 7.48 | 8.82 | 10.17 | 11.00 | 12.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.32 | 4.12 | 5.58 | 8.38 | 9.84 | 12.64 | 14.10 |
| Camarilla | 5.88 | 6.27 | 6.66 | 7.05 | 7.44 | 7.83 | 8.22 |
| Woodie | 0.66 | 3.79 | 4.92 | 8.05 | 9.18 | 12.31 | 13.44 |
| Fibonacci | 4.12 | 5.74 | 6.75 | 8.38 | 10.00 | 11.01 | 12.64 |
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): | 23.54 | |
| MACD (12,26,9): | -0.2000 | |
| Directional Movement: | -31.46 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 7.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.22 | |
| Elder Ray (13): | -0.51 | |
| Super Trend (3,10): | 8.07 | |
| Zig ZAG (10): | 7.54 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 8.48 | |
| TEMA (21): | 7.79 | |
| Williams %R (14): | -89.20 | |
| Chande Momentum Oscillator (20): | -0.69 | |
| Repulse (5,40,3): | -4.5400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2300 | |
| Courbe Coppock: | 9.06 |
| MA7: | 8.45 | |
| MA20: | 7.93 | |
| MA50: | 8.29 | |
| MA100: | 8.09 | |
| MAexp7: | 7.87 | |
| MAexp20: | 8.13 | |
| MAexp50: | 8.37 | |
| MAexp100: | 8.50 | |
| Price / MA7: | -8.05% | |
| Price / MA20: | -2.02% | |
| Price / MA50: | -6.27% | |
| Price / MA100: | -3.96% | |
| Price / MAexp7: | -1.27% | |
| Price / MAexp20: | -4.43% | |
| Price / MAexp50: | -7.17% | |
| Price / MAexp100: | -8.59% |
Quotes :
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Real time data
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