Londinia Opportunities Analyses - 12/29/2024 (GMT) SUNCONTRACT - SNC/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | SNCUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.038896 USDT
My targets
0.037905 USDT (-1.65%)
0.037324 USDT (-3.16%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SUNCONTRACT - SNC/USDT as long as the price remains well below 0.038896 USDT. The sellers' bearish objective is set at 0.037905 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.037324 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
8
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Additional analysis
Quotes
The SUNCONTRACT - SNC/USDT rating is 0.038542 USDT. The price registered a decrease of -2.05% on the session and was between 0.038542 USDT and 0.039489 USDT. This implies that the price is at 0% from its lowest and at -2.40% from its highest.0.038542
0.039489
0.038542
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SUNCONTRACT - SNC/USDT:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of SUNCONTRACT - SNC/USDT in 1H shows a overall strongly bearish trend. 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 detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
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 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.037324 | 0.037905 | 0.038347 | 0.038542 | 0.038896 | 0.039332 | 0.040074 |
| Change (%) | -3.16% | -1.65% | -0.51% | - | +0.92% | +2.05% | +3.97% |
| Change | -0.001218 | -0.000637 | -0.000195 | - | +0.000354 | +0.000790 | +0.001532 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038768 | 0.038913 | 0.039131 | 0.039276 | 0.039494 | 0.039639 | 0.039857 |
| Camarilla | 0.039249 | 0.039283 | 0.039316 | 0.039349 | 0.039382 | 0.039416 | 0.039449 |
| Woodie | 0.038805 | 0.038931 | 0.039168 | 0.039294 | 0.039531 | 0.039657 | 0.039894 |
| Fibonacci | 0.038913 | 0.039052 | 0.039137 | 0.039276 | 0.039415 | 0.039500 | 0.039639 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035381 | 0.036643 | 0.037996 | 0.039258 | 0.040611 | 0.041873 | 0.043226 |
| Camarilla | 0.038630 | 0.038870 | 0.039109 | 0.039349 | 0.039589 | 0.039828 | 0.040068 |
| Woodie | 0.035427 | 0.036666 | 0.038042 | 0.039281 | 0.040657 | 0.041896 | 0.043272 |
| Fibonacci | 0.036643 | 0.037642 | 0.038259 | 0.039258 | 0.040257 | 0.040874 | 0.041873 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038648 | 0.041319 | 0.046659 | 0.049330 | 0.054670 | 0.057341 | 0.062681 |
| Camarilla | 0.049797 | 0.050531 | 0.051266 | 0.052000 | 0.052734 | 0.053469 | 0.054203 |
| Woodie | 0.039984 | 0.041986 | 0.047995 | 0.049997 | 0.056006 | 0.058008 | 0.064017 |
| Fibonacci | 0.041319 | 0.044379 | 0.046270 | 0.049330 | 0.052390 | 0.054281 | 0.057341 |
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): | 35.24 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -30.341891 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.038970 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.039377 | |
| Elder Ray (13): | -0.000257 | |
| Super Trend (3,10): | 0.039126 | |
| Zig ZAG (10): | 0.038770 | |
| VORTEX (21): | 0.6409 | |
| Stochastique (14,3,5): | 3.84 | |
| TEMA (21): | 0.038880 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.000578 | |
| Repulse (5,40,3): | -0.5672 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0181 | |
| Courbe Coppock: | 1.81 |
| MA7: | 0.039589 | |
| MA20: | 0.041584 | |
| MA50: | 0.045604 | |
| MA100: | 0.046049 | |
| MAexp7: | 0.038918 | |
| MAexp20: | 0.039129 | |
| MAexp50: | 0.039236 | |
| MAexp100: | 0.039357 | |
| Price / MA7: | -2.64% | |
| Price / MA20: | -7.32% | |
| Price / MA50: | -15.49% | |
| Price / MA100: | -16.30% | |
| Price / MAexp7: | -0.97% | |
| Price / MAexp20: | -1.50% | |
| Price / MAexp50: | -1.77% | |
| Price / MAexp100: | -2.07% |
Quotes :
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Real time data
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Cryptocompare