IEXEC (X10) - RLC/BTC - Daily - Technical analysis published on 01/07/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 0.000580 BTC
My targets
0.000474 BTC (-6.69%)
0.000404 BTC (-20.47%)
My analysis
In the short term, we can see an acceleration in the bearish trend on IEX.EC (X10) - RLC/BTC, which is a positive signal for sellers. As long as the price remains above 0.000580 BTC, a sale could be considered. The first bearish objective is located at 0.000474 BTC. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.000404 BTC as an objective. Crossing it would then enable sellers to target 0.000317 BTC. If the price were to return above 0.000580 BTC, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.9
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Additional analysis
Quotes
The IEX.EC (X10) - RLC/BTC price is 0.000508 BTC. The price registered a decrease of -0.39% on the session and was traded between 0.000495 BTC and 0.000533 BTC over the period. The price is currently at +2.63% from its lowest and -4.69% from its highest.0.000495
0.000533
0.000508
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this IEX.EC (X10) - RLC/BTC chart shows a bearish trend. The signals given by moving averages are 75% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000241 | 0.000317 | 0.000474 | 0.000508 | 0.000580 | 0.000745 | 0.000837 |
| Change (%) | -52.56% | -37.60% | -6.69% | - | +14.17% | +46.65% | +64.76% |
| Change | -0.000267 | -0.000191 | -0.000034 | - | +0.000072 | +0.000237 | +0.000329 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000450 | 0.000478 | 0.000494 | 0.000522 | 0.000538 | 0.000566 | 0.000582 |
| Camarilla | 0.000498 | 0.000502 | 0.000506 | 0.000510 | 0.000514 | 0.000518 | 0.000522 |
| Woodie | 0.000444 | 0.000475 | 0.000488 | 0.000519 | 0.000532 | 0.000563 | 0.000576 |
| Fibonacci | 0.000478 | 0.000495 | 0.000505 | 0.000522 | 0.000539 | 0.000549 | 0.000566 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000320 | 0.000407 | 0.000473 | 0.000560 | 0.000626 | 0.000713 | 0.000779 |
| Camarilla | 0.000498 | 0.000512 | 0.000526 | 0.000540 | 0.000554 | 0.000568 | 0.000582 |
| Woodie | 0.000311 | 0.000402 | 0.000464 | 0.000555 | 0.000617 | 0.000708 | 0.000770 |
| Fibonacci | 0.000407 | 0.000465 | 0.000501 | 0.000560 | 0.000618 | 0.000654 | 0.000713 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000014 | 0.000238 | 0.000404 | 0.000656 | 0.000822 | 0.001074 | 0.001240 |
| Camarilla | 0.000455 | 0.000493 | 0.000532 | 0.000570 | 0.000608 | 0.000647 | 0.000685 |
| Woodie | -0.000057 | 0.000217 | 0.000361 | 0.000635 | 0.000779 | 0.001053 | 0.001197 |
| Fibonacci | 0.000238 | 0.000398 | 0.000496 | 0.000656 | 0.000816 | 0.000914 | 0.001074 |
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): | 39.01 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 1.517954 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.000501 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000646 | |
| Elder Ray (13): | -0.000026 | |
| Super Trend (3,10): | 0.000680 | |
| Zig ZAG (10): | 0.000511 | |
| VORTEX (21): | 0.9632 | |
| Stochastique (14,3,5): | 20.30 | |
| TEMA (21): | 0.000501 | |
| Williams %R (14): | -89.10 | |
| Chande Momentum Oscillator (20): | 0.000000 | |
| Repulse (5,40,3): | -10.7083 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.1575 | |
| Courbe Coppock: | 4.12 |
| MA7: | 0.000539 | |
| MA20: | 0.000541 | |
| MA50: | 0.000694 | |
| MA100: | 0.000620 | |
| MAexp7: | 0.000529 | |
| MAexp20: | 0.000560 | |
| MAexp50: | 0.000617 | |
| MAexp100: | 0.000594 | |
| Price / MA7: | -5.75% | |
| Price / MA20: | -6.10% | |
| Price / MA50: | -26.80% | |
| Price / MA100: | -18.06% | |
| Price / MAexp7: | -3.97% | |
| Price / MAexp20: | -9.29% | |
| Price / MAexp50: | -17.67% | |
| Price / MAexp100: | -14.48% |
This member declared not having a position on this financial instrument or a related financial instrument.
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