Londinia Opportunities Analyses - 03/31/2025 (GMT) ECHELON PRIME (X10000) - PRIME/BTC - 1H

ECHELON PRIME (X10000) - PRIME/BTC
- BTC (-)
- Real time data - CoinMarketCap
Type: Cryptocurrencies
Ticker: PRIMEBTC
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • 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 0.409941 BTC
My targets
0.403501 BTC (-0.81%)
0.386501 BTC (-4.99%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ECHELON PRIME (X10000) - PRIME/BTC as long as the price remains well below 0.409941 BTC. The sellers' bearish objective is set at 0.403501 BTC. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.386501 BTC. 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, 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

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 ECHELON PRIME (X10000) - PRIME/BTC price is 0.406785 BTC. On the day, this instrument gained +0.38% and was traded between 0.405305 BTC and 0.408207 BTC over the period. The price is currently at +0.37% from its lowest and -0.35% from its highest.

0.405305
0.408207
0.406785

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 1H chart of ECHELON PRIME (X10000) - PRIME/BTC indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 1 (Daily)

Type : Neutral

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami cross

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.386501 0.403501 0.406785 0.431500 0.452952 0.484287
Change (%) -4.99% -0.81% - +6.08% +11.35% +19.05%
Change -0.020284 -0.003284 - +0.024715 +0.046167 +0.077502
Level Intermediate Intermediate - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3857960.3949620.4001100.4092760.4144240.4235900.428738
Camarilla0.4013210.4026330.4039450.4052570.4065690.4078810.409193
Woodie0.3837860.3939580.3981000.4082720.4124140.4225860.426728
Fibonacci0.3949620.4004300.4038080.4092760.4147440.4181220.423590


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2475470.3255240.3702420.4482190.4929370.5709140.615632
Camarilla0.3812190.3924660.4037130.4149600.4262070.4374540.448701
Woodie0.2309180.3172090.3536130.4399040.4763080.5625990.599003
Fibonacci0.3255240.3723940.4013500.4482190.4950890.5240450.570914


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0607500.2609180.4099410.6101090.7591320.9593001.108323
Camarilla0.4629380.4949470.5269560.5589650.5909740.6229830.654993
Woodie0.0351790.2481320.3843700.5973230.7335610.9465141.082752
Fibonacci0.2609180.3943090.4767180.6101090.7435000.8259090.959300

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): 33.59
MACD (12,26,9): -0.0027
Directional Movement: -14.228458
AROON (14): -92.857143
DEMA (21): 0.410520
Parabolic SAR (0,02-0,02-0,2): 0.415919
Elder Ray (13): -0.006536
Super Trend (3,10): 0.418678
Zig ZAG (10): 0.405166
VORTEX (21): 0.9250
Stochastique (14,3,5): 12.27
TEMA (21): 0.410836
Williams %R (14): -91.56
Chande Momentum Oscillator (20): -0.010567
Repulse (5,40,3): -0.5226
ROCnROLL: 2
TRIX (15,9): -0.0571
Courbe Coppock: 2.92
MA7: 0.437666
MA20: 0.458300
MA50: 0.530150
MA100: 0.865763
MAexp7: 0.410709
MAexp20: 0.413792
MAexp50: 0.420526
MAexp100: 0.432349
Price / MA7: -7.06%
Price / MA20: -11.24%
Price / MA50: -23.27%
Price / MA100: -53.01%
Price / MAexp7: -0.96%
Price / MAexp20: -1.69%
Price / MAexp50: -3.27%
Price / MAexp100: -5.91%

Quotes : - Real time data - CoinMarketCap