Londinia Opportunities Analyses - 11/20/2024 (GMT) ASCENDEX TOKEN - ASD/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | ASDUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.039436 USDT
My targets
0.035976 USDT (-5.51%)
0.034488 USDT (-9.42%)
My analysis
ASCENDEX TOKEN - ASD/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 0.039436 USDT. The next support located at 0.035976 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 0.034488 USDT. Below this support, sellers could then target 0.031412 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.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.9
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Additional analysis
Quotes
The ASCENDEX TOKEN - ASD/USDT rating is 0.038073 USDT. The price is lower by -5.36% since the last closing with the lowest point at 0.037200 USDT and the highest point at 0.042768 USDT. The deviation from the price is +2.35% for the low point and -10.98% for the high point.0.037200
0.042768
0.038073
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of ASCENDEX TOKEN - ASD/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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently positioned 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
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.031412 | 0.034488 | 0.035976 | 0.038073 | 0.039436 | 0.041964 | 0.044118 |
| Change (%) | -17.50% | -9.42% | -5.51% | - | +3.58% | +10.22% | +15.88% |
| Change | -0.006661 | -0.003585 | -0.002097 | - | +0.001363 | +0.003891 | +0.006045 |
| Level | Intermediate | Minor | Major | - | Major | Major | Major |
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 | 0.035848 | 0.037731 | 0.038980 | 0.040863 | 0.042112 | 0.043995 | 0.045244 |
| Camarilla | 0.039369 | 0.039656 | 0.039943 | 0.040230 | 0.040517 | 0.040804 | 0.041091 |
| Woodie | 0.035532 | 0.037573 | 0.038664 | 0.040705 | 0.041796 | 0.043837 | 0.044928 |
| Fibonacci | 0.037731 | 0.038927 | 0.039666 | 0.040863 | 0.042059 | 0.042798 | 0.043995 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.012631 | 0.021859 | 0.029480 | 0.038708 | 0.046329 | 0.055557 | 0.063178 |
| Camarilla | 0.032467 | 0.034011 | 0.035556 | 0.037100 | 0.038645 | 0.040189 | 0.041734 |
| Woodie | 0.011827 | 0.021457 | 0.028676 | 0.038306 | 0.045525 | 0.055155 | 0.062374 |
| Fibonacci | 0.021859 | 0.028296 | 0.032272 | 0.038708 | 0.045145 | 0.049121 | 0.055557 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008302 | 0.016752 | 0.024771 | 0.033221 | 0.041240 | 0.049690 | 0.057709 |
| Camarilla | 0.028262 | 0.029772 | 0.031281 | 0.032791 | 0.034301 | 0.035810 | 0.037320 |
| Woodie | 0.008088 | 0.016644 | 0.024557 | 0.033113 | 0.041026 | 0.049582 | 0.057495 |
| Fibonacci | 0.016752 | 0.023043 | 0.026930 | 0.033221 | 0.039512 | 0.043399 | 0.049690 |
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): | 39.90 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -11.102350 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.039053 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.041636 | |
| Elder Ray (13): | -0.001239 | |
| Super Trend (3,10): | 0.040803 | |
| Zig ZAG (10): | 0.038073 | |
| VORTEX (21): | 0.6612 | |
| Stochastique (14,3,5): | 17.64 | |
| TEMA (21): | 0.038661 | |
| Williams %R (14): | -84.32 | |
| Chande Momentum Oscillator (20): | -0.002077 | |
| Repulse (5,40,3): | 0.5440 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0957 | |
| Courbe Coppock: | 6.83 |
| MA7: | 0.039451 | |
| MA20: | 0.036910 | |
| MA50: | 0.035531 | |
| MA100: | 0.036340 | |
| MAexp7: | 0.038891 | |
| MAexp20: | 0.039594 | |
| MAexp50: | 0.040011 | |
| MAexp100: | 0.040015 | |
| Price / MA7: | -3.49% | |
| Price / MA20: | +3.15% | |
| Price / MA50: | +7.15% | |
| Price / MA100: | +4.77% | |
| Price / MAexp7: | -2.10% | |
| Price / MAexp20: | -3.84% | |
| Price / MAexp50: | -4.84% | |
| Price / MAexp100: | -4.85% |
Quotes :
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Real time data
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Cryptocompare