CELER NETWORK - CELR/USDT - Daily - Technical analysis published on 03/04/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 0.045220 USDT
My targets
0.036600 USDT (-13.48%)
0.029020 USDT (-31.39%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CELER NETWORK - CELR/USDT as long as the price remains well below 0.045220 USDT. The sellers' bearish objective is set at 0.036600 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.029020 USDT. In case of crossing, the next objective would be the support located at 0.020772 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.6
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Additional analysis
Quotes
CELER NETWORK - CELR/USDT rating 0.042300 USDT. On the day, this instrument lost -2.02% and was between 0.041210 USDT and 0.043280 USDT. This implies that the price is at +2.64% from its lowest and at -2.26% from its highest.0.041210
0.043280
0.042300
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this CELER NETWORK - CELR/USDT chart shows a sharp bearish trend. 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, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.005270 | 0.020772 | 0.036600 | 0.042300 | 0.060790 | 0.092110 | 0.145900 |
| Change (%) | -87.54% | -50.89% | -13.48% | - | +43.71% | +117.75% | +244.92% |
| Change | -0.037030 | -0.021528 | -0.005700 | - | +0.018490 | +0.049810 | +0.103600 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.039077 | 0.040503 | 0.041837 | 0.043263 | 0.044597 | 0.046023 | 0.047357 |
| Camarilla | 0.042411 | 0.042664 | 0.042917 | 0.043170 | 0.043423 | 0.043676 | 0.043929 |
| Woodie | 0.039030 | 0.040480 | 0.041790 | 0.043240 | 0.044550 | 0.046000 | 0.047310 |
| Fibonacci | 0.040503 | 0.041558 | 0.042209 | 0.043263 | 0.044318 | 0.044969 | 0.046023 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.016050 | 0.023500 | 0.031890 | 0.039340 | 0.047730 | 0.055180 | 0.063570 |
| Camarilla | 0.035924 | 0.037376 | 0.038828 | 0.040280 | 0.041732 | 0.043184 | 0.044636 |
| Woodie | 0.016520 | 0.023735 | 0.032360 | 0.039575 | 0.048200 | 0.055415 | 0.064040 |
| Fibonacci | 0.023500 | 0.029551 | 0.033289 | 0.039340 | 0.045391 | 0.049129 | 0.055180 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.001450 | 0.014750 | 0.029020 | 0.045220 | 0.059490 | 0.075690 | 0.089960 |
| Camarilla | 0.034911 | 0.037704 | 0.040497 | 0.043290 | 0.046083 | 0.048876 | 0.051669 |
| Woodie | -0.002415 | 0.014268 | 0.028055 | 0.044738 | 0.058525 | 0.075208 | 0.088995 |
| Fibonacci | 0.014750 | 0.026390 | 0.033581 | 0.045220 | 0.056860 | 0.064051 | 0.075690 |
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): | 43.60 | |
| MACD (12,26,9): | -0.0032 | |
| Directional Movement: | -6.572126 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.039441 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.033050 | |
| Elder Ray (13): | -0.000488 | |
| Super Trend (3,10): | 0.049620 | |
| Zig ZAG (10): | 0.042350 | |
| VORTEX (21): | 0.9110 | |
| Stochastique (14,3,5): | 66.45 | |
| TEMA (21): | 0.040665 | |
| Williams %R (14): | -30.25 | |
| Chande Momentum Oscillator (20): | 0.000820 | |
| Repulse (5,40,3): | -0.6189 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.1703 | |
| Courbe Coppock: | 20.07 |
| MA7: | 0.042086 | |
| MA20: | 0.043414 | |
| MA50: | 0.053398 | |
| MA100: | 0.066958 | |
| MAexp7: | 0.042360 | |
| MAexp20: | 0.044184 | |
| MAexp50: | 0.052743 | |
| MAexp100: | 0.064031 | |
| Price / MA7: | +0.51% | |
| Price / MA20: | -2.57% | |
| Price / MA50: | -20.78% | |
| Price / MA100: | -36.83% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | -4.26% | |
| Price / MAexp50: | -19.80% | |
| Price / MAexp100: | -33.94% |
Quotes :
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Real time data
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Cryptocompare
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