CHILIZ - CHZ/USDT - 1H - Technical analysis published on 01/28/2020 (GMT)
- 265
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.006996 USDT
My targets
0.006781 USDT (-2.15%)
0.006277 USDT (-9.43%)
My analysis
The bearish basic trend is very strong on CHILIZ - CHZ/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.006996 USDT. Crossing the first support at 0.006781 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.006277 USDT as an objective. Crossing it would then enable sellers to target 0.004076 USDT. Caution, a return to above the resistance located at 0.006996 USDT would be a sign of a possible consolidation phase of the short-term basic trend. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.3
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
The CHILIZ - CHZ/USDT price is 0.006930 USDT. The price has increased by +0.42% since the last closing and was between 0.006897 USDT and 0.007181 USDT. This implies that the price is at +0.48% from its lowest and at -3.50% from its highest.0.006897
0.007181
0.006930
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 (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHILIZ - CHZ/USDT chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
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.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.004076 | 0.006901 | 0.006930 | 0.006996 | 0.007087 | 0.007399 |
| Change (%) | -41.18% | -0.42% | - | +0.95% | +2.27% | +6.77% |
| Change | -0.002854 | -0.000029 | - | +0.000066 | +0.000157 | +0.000469 |
| Level | Minor | Intermediate | - | Minor | Major | 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 | 0.006631 | 0.006740 | 0.006821 | 0.006930 | 0.007011 | 0.007120 | 0.007201 |
| Camarilla | 0.006849 | 0.006866 | 0.006884 | 0.006901 | 0.006918 | 0.006936 | 0.006953 |
| Woodie | 0.006616 | 0.006733 | 0.006806 | 0.006923 | 0.006996 | 0.007113 | 0.007186 |
| Fibonacci | 0.006740 | 0.006813 | 0.006858 | 0.006930 | 0.007003 | 0.007048 | 0.007120 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005652 | 0.006277 | 0.006781 | 0.007406 | 0.007910 | 0.008535 | 0.009039 |
| Camarilla | 0.006976 | 0.007079 | 0.007183 | 0.007286 | 0.007390 | 0.007493 | 0.007597 |
| Woodie | 0.005593 | 0.006247 | 0.006722 | 0.007376 | 0.007851 | 0.008505 | 0.008980 |
| Fibonacci | 0.006277 | 0.006708 | 0.006974 | 0.007406 | 0.007837 | 0.008103 | 0.008535 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000119 | 0.003386 | 0.005215 | 0.008482 | 0.010311 | 0.013578 | 0.015407 |
| Camarilla | 0.005642 | 0.006109 | 0.006576 | 0.007043 | 0.007510 | 0.007977 | 0.008444 |
| Woodie | -0.000601 | 0.003027 | 0.004495 | 0.008123 | 0.009591 | 0.013219 | 0.014687 |
| Fibonacci | 0.003386 | 0.005333 | 0.006536 | 0.008482 | 0.010429 | 0.011632 | 0.013578 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.18 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 1.384575 | |
| AROON (14): | -14.285715 | |
| DEMA (21): | 0.006948 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007199 | |
| Elder Ray (13): | -0.000035 | |
| Super Trend (3,10): | 0.007235 | |
| Zig ZAG (10): | 0.006981 | |
| VORTEX (21): | 0.9955 | |
| Stochastique (14,3,5): | 24.43 | |
| TEMA (21): | 0.006948 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.000159 | |
| Repulse (5,40,3): | 0.7797 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1723 | |
| Courbe Coppock: | 0.09 |
| MA7: | 0.007226 | |
| MA20: | 0.007202 | |
| MA50: | 0.007646 | |
| MA100: | 0.009726 | |
| MAexp7: | 0.007003 | |
| MAexp20: | 0.007046 | |
| MAexp50: | 0.007180 | |
| MAexp100: | 0.007262 | |
| Price / MA7: | -4.10% | |
| Price / MA20: | -3.78% | |
| Price / MA50: | -9.36% | |
| Price / MA100: | -28.75% | |
| Price / MAexp7: | -1.04% | |
| Price / MAexp20: | -1.65% | |
| Price / MAexp50: | -3.48% | |
| Price / MAexp100: | -4.57% |
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