CHILIZ - CHZ/USDT - Daily - Technical analysis published on 12/21/2022 (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
22%
61%
17%
My opinion
Bearish under 0.127967 USDT
My targets
0.109700 USDT (-0.09%)
0.087010 USDT (-20.76%)
My analysis
CHILIZ - CHZ/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.127967 USDT. The next support located at 0.109700 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.087010 USDT. Below this support, sellers could then target 0.013839 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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This analysis was given by EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHILIZ - CHZ/USDT rating is 0.109800 USDT. The price registered a decrease of -2.75% on the session and was between 0.108700 USDT and 0.113200 USDT. This implies that the price is at +1.01% from its lowest and at -3.00% from its highest.0.108700
0.113200
0.109800
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
A technical analysis in Daily of this CHILIZ - CHZ/USDT chart shows a sharp bearish trend. 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 scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.013839 | 0.087010 | 0.109800 | 0.165620 | 0.184720 | 0.275000 |
Change (%) | -87.40% | -20.76% | - | +50.84% | +68.23% | +150.46% |
Change | -0.095961 | -0.022790 | - | +0.055820 | +0.074920 | +0.165200 |
Level | Minor | Major | - | Intermediate | 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 | 0.099333 | 0.102967 | 0.107933 | 0.111567 | 0.116533 | 0.120167 | 0.125133 |
Camarilla | 0.110535 | 0.111323 | 0.112112 | 0.112900 | 0.113688 | 0.114477 | 0.115265 |
Woodie | 0.100000 | 0.103300 | 0.108600 | 0.111900 | 0.117200 | 0.120500 | 0.125800 |
Fibonacci | 0.102967 | 0.106252 | 0.108282 | 0.111567 | 0.114852 | 0.116882 | 0.120167 |
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): | 29.02 | |
MACD (12,26,9): | -0.0190 | |
Directional Movement: | -22.375871 | |
AROON (14): | -85.714286 | |
DEMA (21): | 0.113620 | |
Parabolic SAR (0,02-0,02-0,2): | 0.127415 | |
Elder Ray (13): | -0.017228 | |
Super Trend (3,10): | 0.144191 | |
Zig ZAG (10): | 0.109900 | |
VORTEX (21): | 0.7593 | |
Stochastique (14,3,5): | 8.93 | |
TEMA (21): | 0.107389 | |
Williams %R (14): | -90.22 | |
Chande Momentum Oscillator (20): | -0.040500 | |
Repulse (5,40,3): | -9.6991 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -1.4730 | |
Courbe Coppock: | 51.05 |
MA7: | 0.118686 | |
MA20: | 0.141015 | |
MA50: | 0.181960 | |
MA100: | 0.197449 | |
MAexp7: | 0.118338 | |
MAexp20: | 0.138196 | |
MAexp50: | 0.165391 | |
MAexp100: | 0.178971 | |
Price / MA7: | -7.49% | |
Price / MA20: | -22.14% | |
Price / MA50: | -39.66% | |
Price / MA100: | -44.39% | |
Price / MAexp7: | -7.21% | |
Price / MAexp20: | -20.55% | |
Price / MAexp50: | -33.61% | |
Price / MAexp100: | -38.65% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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