CHILIZ - CHZ/USDT - Daily - Technical analysis published on 12/14/2022 (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
17%
61%
22%
My opinion
Bearish under 0.156033 USDT
My targets
0.129600 USDT (-6.83%)
0.109700 USDT (-21.14%)
My analysis
The bearish trend is currently very strong for CHILIZ - CHZ/USDT. As long as the price remains below the resistance at 0.156033 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.129600 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.109700 USDT as an objective. Crossing it would then enable sellers to target 0.087010 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.5
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This analysis was given by EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHILIZ - CHZ/USDT rating 0.139100 USDT. On the day, this instrument lost -1.07% with the lowest point at 0.138400 USDT and the highest point at 0.141900 USDT. The deviation from the price is +0.51% for the low point and -1.97% for the high point.0.138400
0.141900
0.139100
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of CHILIZ - CHZ/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.013839 | 0.087010 | 0.129600 | 0.139100 | 0.165620 | 0.184720 | 0.250500 |
Change (%) | -90.05% | -37.45% | -6.83% | - | +19.07% | +32.80% | +80.09% |
Change | -0.125261 | -0.052090 | -0.009500 | - | +0.026520 | +0.045620 | +0.111400 |
Level | Minor | Major | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.123267 | 0.127733 | 0.134167 | 0.138633 | 0.145067 | 0.149533 | 0.155967 |
Camarilla | 0.137603 | 0.138602 | 0.139601 | 0.140600 | 0.141599 | 0.142598 | 0.143598 |
Woodie | 0.124250 | 0.128225 | 0.135150 | 0.139125 | 0.146050 | 0.150025 | 0.156950 |
Fibonacci | 0.127733 | 0.131897 | 0.134470 | 0.138633 | 0.142797 | 0.145370 | 0.149533 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.119467 | 0.133833 | 0.141667 | 0.156033 | 0.163867 | 0.178233 | 0.186067 |
Camarilla | 0.143395 | 0.145430 | 0.147465 | 0.149500 | 0.151535 | 0.153570 | 0.155605 |
Woodie | 0.116200 | 0.132200 | 0.138400 | 0.154400 | 0.160600 | 0.176600 | 0.182800 |
Fibonacci | 0.133833 | 0.142314 | 0.147553 | 0.156033 | 0.164514 | 0.169753 | 0.178233 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.039700 | 0.053700 | 0.109700 | 0.203100 | 0.259100 | 0.352500 | 0.408500 |
Camarilla | 0.124615 | 0.138310 | 0.152005 | 0.165700 | 0.179395 | 0.193090 | 0.206785 |
Woodie | -0.058400 | 0.044350 | 0.091000 | 0.193750 | 0.240400 | 0.343150 | 0.389800 |
Fibonacci | 0.053700 | 0.110771 | 0.146029 | 0.203100 | 0.260171 | 0.295429 | 0.352500 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 33.14 | |
MACD (12,26,9): | -0.0152 | |
Directional Movement: | -21.993836 | |
AROON (14): | -78.571429 | |
DEMA (21): | 0.140058 | |
Parabolic SAR (0,02-0,02-0,2): | 0.176446 | |
Elder Ray (13): | -0.011786 | |
Super Trend (3,10): | 0.169815 | |
Zig ZAG (10): | 0.138700 | |
VORTEX (21): | 0.7817 | |
Stochastique (14,3,5): | 14.86 | |
TEMA (21): | 0.134596 | |
Williams %R (14): | -84.18 | |
Chande Momentum Oscillator (20): | -0.031600 | |
Repulse (5,40,3): | -3.7867 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -1.1584 | |
Courbe Coppock: | 27.96 |
MA7: | 0.144929 | |
MA20: | 0.158250 | |
MA50: | 0.194680 | |
MA100: | 0.202988 | |
MAexp7: | 0.144835 | |
MAexp20: | 0.159986 | |
MAexp50: | 0.180810 | |
MAexp100: | 0.188373 | |
Price / MA7: | -4.02% | |
Price / MA20: | -12.10% | |
Price / MA50: | -28.55% | |
Price / MA100: | -31.47% | |
Price / MAexp7: | -3.96% | |
Price / MAexp20: | -13.05% | |
Price / MAexp50: | -23.07% | |
Price / MAexp100: | -26.16% |
Quotes :
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Real time data
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Cryptocompare
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About author
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