CHILIZ - CHZ/USD - 1H - Technical analysis published on 04/04/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.135606 USD
My targets
0.145020 USD (+4.55%)
0.151689 USD (+9.35%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on CHILIZ - CHZ/USD. This is a positive signal for buyers. As long as the price remains above 0.135606 USD, a purchase could be considered. The first bullish objective is located at 0.145020 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.151689 USD as an objective. Crossing it would then enable buyers to target 0.163433 USD. In the event of a return below 0.135606 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.9
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Additional analysis
Quotes
The CHILIZ - CHZ/USD price is 0.138713 USD. The price registered an increase of +6.12% on the session with the lowest point at 0.130356 USD and the highest point at 0.139059 USD. The deviation from the price is +6.41% for the low point and -0.25% for the high point.0.130356
0.139059
0.138713
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CHILIZ - CHZ/USD in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.127898 | 0.135606 | 0.138432 | 0.138713 | 0.145020 | 0.151689 | 0.163433 |
| Change (%) | -7.80% | -2.24% | -0.20% | - | +4.55% | +9.35% | +17.82% |
| Change | -0.010815 | -0.003107 | -0.000281 | - | +0.006307 | +0.012976 | +0.024720 |
| Level | Minor | Intermediate | Minor | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.118319 | 0.122021 | 0.126369 | 0.130071 | 0.134419 | 0.138121 | 0.142469 |
| Camarilla | 0.128503 | 0.129241 | 0.129979 | 0.130717 | 0.131455 | 0.132193 | 0.132931 |
| Woodie | 0.118642 | 0.122183 | 0.126692 | 0.130233 | 0.134742 | 0.138283 | 0.142792 |
| Fibonacci | 0.122021 | 0.125096 | 0.126996 | 0.130071 | 0.133146 | 0.135046 | 0.138121 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.113087 | 0.122741 | 0.134872 | 0.144526 | 0.156657 | 0.166311 | 0.178442 |
| Camarilla | 0.141013 | 0.143010 | 0.145007 | 0.147004 | 0.149001 | 0.150998 | 0.152995 |
| Woodie | 0.114327 | 0.123360 | 0.136112 | 0.145145 | 0.157897 | 0.166930 | 0.179682 |
| Fibonacci | 0.122741 | 0.131063 | 0.136204 | 0.144526 | 0.152848 | 0.157989 | 0.166311 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.065847 | 0.089843 | 0.119821 | 0.143817 | 0.173795 | 0.197791 | 0.227769 |
| Camarilla | 0.134957 | 0.139905 | 0.144852 | 0.149800 | 0.154748 | 0.159695 | 0.164643 |
| Woodie | 0.068839 | 0.091339 | 0.122813 | 0.145313 | 0.176787 | 0.199287 | 0.230761 |
| Fibonacci | 0.089843 | 0.110461 | 0.123199 | 0.143817 | 0.164435 | 0.177173 | 0.197791 |
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): | 66.96 | |
| MACD (12,26,9): | 0.0012 | |
| Directional Movement: | 16.808499 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.134351 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.129921 | |
| Elder Ray (13): | 0.004342 | |
| Super Trend (3,10): | 0.131636 | |
| Zig ZAG (10): | 0.138055 | |
| VORTEX (21): | 1.1177 | |
| Stochastique (14,3,5): | 92.37 | |
| TEMA (21): | 0.136154 | |
| Williams %R (14): | -3.98 | |
| Chande Momentum Oscillator (20): | 0.009058 | |
| Repulse (5,40,3): | 3.9343 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0422 | |
| Courbe Coppock: | 6.63 |
| MA7: | 0.140994 | |
| MA20: | 0.138491 | |
| MA50: | 0.139436 | |
| MA100: | 0.116859 | |
| MAexp7: | 0.135573 | |
| MAexp20: | 0.133147 | |
| MAexp50: | 0.133463 | |
| MAexp100: | 0.136395 | |
| Price / MA7: | -1.62% | |
| Price / MA20: | +0.16% | |
| Price / MA50: | -0.52% | |
| Price / MA100: | +18.70% | |
| Price / MAexp7: | +2.32% | |
| Price / MAexp20: | +4.18% | |
| Price / MAexp50: | +3.93% | |
| Price / MAexp100: | +1.70% |
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
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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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