Londinia Opportunities Analyses - 12/31/2024 (GMT) GRAPHLINQ CHAIN - GLQ/USDT - 1H

GRAPHLINQ CHAIN - GLQ/USDT
- USDT (-)
- Real time data - CoinMarketCap
Type: Cryptocurrencies
Ticker: GLQUSDT
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 0.073514 USDT
My targets
0.066236 USDT (-5.79%)
0.061785 USDT (-12.12%)
My analysis
The bearish trend is currently very strong for GRAPHLINQ PROTOCOL - GLQ/USDT. As long as the price remains below the resistance at 0.073514 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.066236 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.061785 USDT as an objective. Crossing it would then enable sellers to target 0.037518 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The GRAPHLINQ PROTOCOL - GLQ/USDT rating is 0.070306 USDT. The price registered a decrease of -4.86% on the session and was between 0.070306 USDT and 0.074479 USDT. This implies that the price is at 0% from its lowest and at -5.60% from its highest.

0.070306
0.074479
0.070306

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.

Central Gaps

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:

Technical


A technical analysis in 1H of this GRAPHLINQ PROTOCOL - GLQ/USDT chart shows a sharp 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

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

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Bullish doji star

Type : Bullish

Timeframe : 1 hour


Downside gap

Type : Bearish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.037518 0.061785 0.066117 0.070306 0.073514 0.080135 0.085910
Change (%) -46.64% -12.12% -5.96% - +4.56% +13.98% +22.19%
Change -0.032788 -0.008521 -0.004189 - +0.003208 +0.009829 +0.015604
Level Intermediate Major Minor - Major Major Minor



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
Standard0.0661300.0693970.0716480.0749150.0771660.0804330.082684
Camarilla0.0723810.0728860.0733920.0738980.0744040.0749100.075416
Woodie0.0656210.0691430.0711390.0746610.0766570.0801790.082175
Fibonacci0.0693970.0715050.0728080.0749150.0770230.0783260.080433


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0391900.0511470.0662360.0781930.0932820.1052390.120328
Camarilla0.0738860.0763660.0788450.0813240.0838030.0862820.088762
Woodie0.0407550.0519300.0678010.0789760.0948470.1060220.121893
Fibonacci0.0511470.0614790.0678620.0781930.0885250.0949080.105239


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0369220.0544720.0848000.1023500.1326780.1502280.180556
Camarilla0.1019630.1063510.1107400.1151290.1195180.1239070.128296
Woodie0.0433120.0576670.0911900.1055450.1390680.1534230.186946
Fibonacci0.0544720.0727610.0840600.1023500.1206390.1319380.150228

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): 30.37
MACD (12,26,9): -0.0010
Directional Movement: -23.923738
AROON (14): -50.000000
DEMA (21): 0.070976
Parabolic SAR (0,02-0,02-0,2): 0.073840
Elder Ray (13): -0.001397
Super Trend (3,10): 0.072490
Zig ZAG (10): 0.070306
VORTEX (21): 0.7010
Stochastique (14,3,5): 1.84
TEMA (21): 0.070879
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -0.002852
Repulse (5,40,3): -1.2857
ROCnROLL: 2
TRIX (15,9): -0.1657
Courbe Coppock: 3.32
MA7: 0.078755
MA20: 0.080847
MA50: 0.089016
MA100: 0.086901
MAexp7: 0.071166
MAexp20: 0.072316
MAexp50: 0.074279
MAexp100: 0.076186
Price / MA7: -10.73%
Price / MA20: -13.04%
Price / MA50: -21.02%
Price / MA100: -19.10%
Price / MAexp7: -1.21%
Price / MAexp20: -2.78%
Price / MAexp50: -5.35%
Price / MAexp100: -7.72%

Quotes : - Real time data - Cryptocompare