CARTESI - CTSI/USD - 1H - Technical analysis published on 04/03/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
33%
22%
My opinion
Bearish under 0.141233 USD
My targets
0.136450 USD (-2.74%)
0.132600 USD (-5.49%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.141233 USD remains possible. It is advisable to trade CARTESI - CTSI/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.141233 USD. The next bearish objective for sellers is set at 0.136450 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.132600 USD. In case of crossing, the next objective would be the support located at 0.128400 USD. PS: if there is a bullish break in the resistance located at 0.141233 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARTESI - CTSI/USD price is 0.140300 USD. On the day, this instrument lost -0.07% and was between 0.135600 USD and 0.141600 USD. This implies that the price is at +3.47% from its lowest and at -0.92% from its highest.0.135600
0.141600
0.140300
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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 CARTESI - CTSI/USD in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 4 are neutral and 6 are bearish. The Central Indicators scanner found this result concerning these indicators:
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 Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.128400 | 0.132600 | 0.136450 | 0.140300 | 0.141233 | 0.145910 | 0.148980 |
| Change (%) | -8.48% | -5.49% | -2.74% | - | +0.67% | +4.00% | +6.19% |
| Change | -0.011900 | -0.007700 | -0.003850 | - | +0.000933 | +0.005610 | +0.008680 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.126433 | 0.132067 | 0.136233 | 0.141867 | 0.146033 | 0.151667 | 0.155833 |
| Camarilla | 0.137705 | 0.138603 | 0.139502 | 0.140400 | 0.141298 | 0.142197 | 0.143095 |
| Woodie | 0.125700 | 0.131700 | 0.135500 | 0.141500 | 0.145300 | 0.151300 | 0.155100 |
| Fibonacci | 0.132067 | 0.135810 | 0.138123 | 0.141867 | 0.145610 | 0.147923 | 0.151667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.118533 | 0.125567 | 0.134933 | 0.141967 | 0.151333 | 0.158367 | 0.167733 |
| Camarilla | 0.139790 | 0.141293 | 0.142797 | 0.144300 | 0.145803 | 0.147307 | 0.148810 |
| Woodie | 0.119700 | 0.126150 | 0.136100 | 0.142550 | 0.152500 | 0.158950 | 0.168900 |
| Fibonacci | 0.125567 | 0.131832 | 0.135702 | 0.141967 | 0.148232 | 0.152102 | 0.158367 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.042267 | 0.077333 | 0.111167 | 0.146233 | 0.180067 | 0.215133 | 0.248967 |
| Camarilla | 0.126053 | 0.132368 | 0.138684 | 0.145000 | 0.151316 | 0.157632 | 0.163948 |
| Woodie | 0.041650 | 0.077025 | 0.110550 | 0.145925 | 0.179450 | 0.214825 | 0.248350 |
| Fibonacci | 0.077333 | 0.103653 | 0.119914 | 0.146233 | 0.172553 | 0.188814 | 0.215133 |
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): | 43.30 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -12.093760 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.139174 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.141461 | |
| Elder Ray (13): | -0.000686 | |
| Super Trend (3,10): | 0.142339 | |
| Zig ZAG (10): | 0.139000 | |
| VORTEX (21): | 0.8989 | |
| Stochastique (14,3,5): | 42.86 | |
| TEMA (21): | 0.139267 | |
| Williams %R (14): | -61.90 | |
| Chande Momentum Oscillator (20): | 0.000500 | |
| Repulse (5,40,3): | -0.1665 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0693 | |
| Courbe Coppock: | 1.58 |
| MA7: | 0.141814 | |
| MA20: | 0.145955 | |
| MA50: | 0.151076 | |
| MA100: | 0.137819 | |
| MAexp7: | 0.139571 | |
| MAexp20: | 0.139921 | |
| MAexp50: | 0.140926 | |
| MAexp100: | 0.141514 | |
| Price / MA7: | -1.07% | |
| Price / MA20: | -3.87% | |
| Price / MA50: | -7.13% | |
| Price / MA100: | +1.80% | |
| Price / MAexp7: | +0.52% | |
| Price / MAexp20: | +0.27% | |
| Price / MAexp50: | -0.44% | |
| Price / MAexp100: | -0.86% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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