CHILIZ - CHZ/USDT - 1H - Technical analysis published on 06/03/2020 (GMT)
- 338
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 0.011600 USDT
My targets
0.011790 USDT (+0.77%)
0.012230 USDT (+4.53%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CHILIZ - CHZ/USDT. As long as you are above the support located at 0.011600 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.011790 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.012230 USDT as an objective. Crossing it would then enable buyers to target 0.013094 USDT. If the support 0.011600 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
4.8
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.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHILIZ - CHZ/USDT rating 0.011700 USDT. On the day, this instrument gained +0.09% and was traded between 0.011460 USDT and 0.012280 USDT over the period. The price is currently at +2.09% from its lowest and -4.72% from its highest.0.011460
0.012280
0.011700
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHILIZ - CHZ/USDT in 1H shows an overall bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.010810 | 0.011400 | 0.011600 | 0.011700 | 0.011790 | 0.012230 | 0.013094 |
| Change (%) | -7.61% | -2.56% | -0.85% | - | +0.77% | +4.53% | +11.91% |
| Change | -0.000890 | -0.000300 | -0.000100 | - | +0.000090 | +0.000530 | +0.001394 |
| Level | Minor | Minor | Major | - | Minor | Minor | Minor |
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 | 0.009523 | 0.009997 | 0.010843 | 0.011317 | 0.012163 | 0.012637 | 0.013483 |
| Camarilla | 0.011327 | 0.011448 | 0.011569 | 0.011690 | 0.011811 | 0.011932 | 0.012053 |
| Woodie | 0.009710 | 0.010090 | 0.011030 | 0.011410 | 0.012350 | 0.012730 | 0.013670 |
| Fibonacci | 0.009997 | 0.010501 | 0.010812 | 0.011317 | 0.011821 | 0.012132 | 0.012637 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007408 | 0.008241 | 0.009655 | 0.010488 | 0.011902 | 0.012735 | 0.014149 |
| Camarilla | 0.010452 | 0.010658 | 0.010864 | 0.011070 | 0.011276 | 0.011482 | 0.011688 |
| Woodie | 0.007700 | 0.008386 | 0.009947 | 0.010633 | 0.012194 | 0.012880 | 0.014441 |
| Fibonacci | 0.008241 | 0.009099 | 0.009629 | 0.010488 | 0.011346 | 0.011876 | 0.012735 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002635 | 0.004912 | 0.007796 | 0.010073 | 0.012957 | 0.015234 | 0.018118 |
| Camarilla | 0.009261 | 0.009734 | 0.010207 | 0.010680 | 0.011153 | 0.011626 | 0.012099 |
| Woodie | 0.002939 | 0.005064 | 0.008100 | 0.010225 | 0.013261 | 0.015386 | 0.018422 |
| Fibonacci | 0.004912 | 0.006884 | 0.008102 | 0.010073 | 0.012045 | 0.013263 | 0.015234 |
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): | 54.07 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 10.573751 | |
| AROON (14): | 57.142856 | |
| DEMA (21): | 0.011946 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.011653 | |
| Elder Ray (13): | 0.000002 | |
| Super Trend (3,10): | 0.011368 | |
| Zig ZAG (10): | 0.011840 | |
| VORTEX (21): | 1.1301 | |
| Stochastique (14,3,5): | 51.22 | |
| TEMA (21): | 0.011999 | |
| Williams %R (14): | -53.66 | |
| Chande Momentum Oscillator (20): | 0.000120 | |
| Repulse (5,40,3): | 0.8745 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2091 | |
| Courbe Coppock: | 5.01 |
| MA7: | 0.011094 | |
| MA20: | 0.010096 | |
| MA50: | 0.008738 | |
| MA100: | 0.008330 | |
| MAexp7: | 0.011886 | |
| MAexp20: | 0.011738 | |
| MAexp50: | 0.011488 | |
| MAexp100: | 0.011216 | |
| Price / MA7: | +5.46% | |
| Price / MA20: | +15.89% | |
| Price / MA50: | +33.90% | |
| Price / MA100: | +40.46% | |
| Price / MAexp7: | -1.56% | |
| Price / MAexp20: | -0.32% | |
| Price / MAexp50: | +1.85% | |
| Price / MAexp100: | +4.32% |
Quotes :
2020-06-03 14:25:31
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis CHILIZ - CHZ/USDT - 1H