CHILIZ - CHZ/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	CHZUSDT
ISIN:

CHILIZ - CHZ/USDT - Daily - Technical analysis published on 12/18/2022 (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%

67%

17%

My opinion

Bearish under 0.129600 USDT

My targets

0.109700 USDT (-10.74%)

0.087010 USDT (-29.20%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHILIZ - CHZ/USDT as long as the price remains well below 0.129600 USDT. The sellers' bearish objective is set at 0.109700 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.087010 USDT. In case of crossing, the next objective would be the support located at 0.013839 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

7.7

Comment on the analysis

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 EpicHaxer. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CHILIZ - CHZ/USDT price is 0.122900 USDT. The price registered an increase of +2.42% on the session with the lowest point at 0.116200 USDT and the highest point at 0.126600 USDT. The deviation from the price is +5.77% for the low point and -2.92% for the high point.

0.116200

0.126600

0.122900

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CHILIZ - CHZ/USDT:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CHILIZ - CHZ/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong 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.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.013839	0.087010	0.122900	0.129600	0.165620	0.184720
Change (%)	-88.74%	-29.20%	-	+5.45%	+34.76%	+50.30%
Change	-0.109061	-0.035890	-	+0.006700	+0.042720	+0.061820
Level	Minor	Major	-	Minor	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.105600	0.109200	0.114600	0.118200	0.123600	0.127200	0.132600
Camarilla	0.117525	0.118350	0.119175	0.120000	0.120825	0.121650	0.122475
Woodie	0.106500	0.109650	0.115500	0.118650	0.124500	0.127650	0.133500
Fibonacci	0.109200	0.112638	0.114762	0.118200	0.121638	0.123762	0.127200

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.066533	0.089667	0.104833	0.127967	0.143133	0.166267	0.181433
Camarilla	0.109468	0.112978	0.116489	0.120000	0.123511	0.127022	0.130533
Woodie	0.062550	0.087675	0.100850	0.125975	0.139150	0.164275	0.177450
Fibonacci	0.089667	0.104297	0.113336	0.127967	0.142597	0.151636	0.166267

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):	33.25
MACD (12,26,9):	-0.0168
Directional Movement:	-20.049758
AROON (14):	-92.857143
DEMA (21):	0.126956
Parabolic SAR (0,02-0,02-0,2):	0.146900
Elder Ray (13):	-0.018870
Super Trend (3,10):	0.153383
Zig ZAG (10):	0.126200
VORTEX (21):	0.7369
Stochastique (14,3,5):	13.16
TEMA (21):	0.121490
Williams %R (14):	-77.07
Chande Momentum Oscillator (20):	-0.035600
Repulse (5,40,3):	-1.1484
ROCnROLL:	2
TRIX (15,9):	-1.2945
Courbe Coppock:	39.26

MA7:	0.131943
MA20:	0.149410
MA50:	0.189036
MA100:	0.200341
MAexp7:	0.131494
MAexp20:	0.148789
MAexp50:	0.172761
MAexp100:	0.183495
Price / MA7:	-6.85%
Price / MA20:	-17.74%
Price / MA50:	-34.99%
Price / MA100:	-38.65%
Price / MAexp7:	-6.54%
Price / MAexp20:	-17.40%
Price / MAexp50:	-28.86%
Price / MAexp100:	-33.02%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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