CHILIZ - CHZ/USDT - 1H - Technical analysis published on 12/20/2022 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 0.117500 USDT
My targets
0.104833 USDT (-6.40%)
0.089667 USDT (-19.94%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.117500 USDT remains possible. It is advisable to trade CHILIZ - CHZ/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.117500 USDT. The next bearish objective for sellers is set at 0.104833 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.089667 USDT. In case of crossing, the next objective would be the support located at 0.087010 USDT. PS: if there is a bullish break in the resistance located at 0.117500 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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
2
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Additional analysis
Quotes
The CHILIZ - CHZ/USDT rating is 0.112000 USDT. The price registered an increase of +5.07% on the session and was traded between 0.106600 USDT and 0.112000 USDT over the period. The price is currently at +5.07% from its lowest and 0% from its highest.0.106600
0.112000
0.112000
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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
Technical analysis of this 1H chart of CHILIZ - CHZ/USDT indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.013839 | 0.087010 | 0.112000 | 0.117500 | 0.126600 | 0.132235 |
| Change (%) | -87.64% | -22.31% | - | +4.91% | +13.04% | +18.07% |
| Change | -0.098161 | -0.024990 | - | +0.005500 | +0.014600 | +0.020235 |
| Level | Minor | Major | - | Minor | Minor | Major |
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 | 0.086167 | 0.095533 | 0.101067 | 0.110433 | 0.115967 | 0.125333 | 0.130867 |
| Camarilla | 0.102503 | 0.103868 | 0.105234 | 0.106600 | 0.107966 | 0.109332 | 0.110698 |
| Woodie | 0.084250 | 0.094575 | 0.099150 | 0.109475 | 0.114050 | 0.124375 | 0.128950 |
| Fibonacci | 0.095533 | 0.101225 | 0.104742 | 0.110433 | 0.116125 | 0.119642 | 0.125333 |
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): | 40.60 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -8.518220 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.109423 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.107185 | |
| Elder Ray (13): | -0.000188 | |
| Super Trend (3,10): | 0.111265 | |
| Zig ZAG (10): | 0.109900 | |
| VORTEX (21): | 0.9708 | |
| Stochastique (14,3,5): | 73.10 | |
| TEMA (21): | 0.110070 | |
| Williams %R (14): | -37.84 | |
| Chande Momentum Oscillator (20): | 0.000700 | |
| Repulse (5,40,3): | -0.7738 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1527 | |
| Courbe Coppock: | 4.23 |
| MA7: | 0.122014 | |
| MA20: | 0.143410 | |
| MA50: | 0.184260 | |
| MA100: | 0.198335 | |
| MAexp7: | 0.110351 | |
| MAexp20: | 0.110719 | |
| MAexp50: | 0.113390 | |
| MAexp100: | 0.118482 | |
| Price / MA7: | -8.21% | |
| Price / MA20: | -21.90% | |
| Price / MA50: | -39.22% | |
| Price / MA100: | -43.53% | |
| Price / MAexp7: | +1.49% | |
| Price / MAexp20: | +1.16% | |
| Price / MAexp50: | -1.23% | |
| Price / MAexp100: | -5.47% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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