CHILIZ - CHZ/USD - 1H - Technical analysis published on 10/27/2024 (GMT)
- 150
- 0
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
61%
0%
39%
My opinion
Bearish under 0.063451 USD
My targets
0.055385 USD (-10.21%)
0.054603 USD (-11.48%)
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 0.063451 USD remains possible. It is advisable to trade CHILIZ - CHZ/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.063451 USD. The next bearish objective for sellers is set at 0.055385 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.054603 USD. PS: if there is a bullish break in the resistance located at 0.063451 USD 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
1.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHILIZ - CHZ/USD price is 0.061684 USD. The price is lower by -0.03% since the last closing and was between 0.061102 USD and 0.062600 USD. This implies that the price is at +0.95% from its lowest and at -1.46% from its highest.0.061102
0.062600
0.061684
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHILIZ - CHZ/USD indicates that the overall trend is bearish. 78.57% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.054603 | 0.061684 | 0.063451 | 0.066754 | 0.070812 |
| Change (%) | -11.48% | - | +2.86% | +8.22% | +14.80% |
| Change | -0.007081 | - | +0.001767 | +0.005070 | +0.009128 |
| Level | Major | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.057357 | 0.058862 | 0.060282 | 0.061787 | 0.063207 | 0.064712 | 0.066132 |
| Camarilla | 0.060897 | 0.061165 | 0.061433 | 0.061701 | 0.061969 | 0.062237 | 0.062505 |
| Woodie | 0.057314 | 0.058841 | 0.060239 | 0.061766 | 0.063164 | 0.064691 | 0.066089 |
| Fibonacci | 0.058862 | 0.059980 | 0.060670 | 0.061787 | 0.062905 | 0.063595 | 0.064712 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.039306 | 0.049070 | 0.055385 | 0.065149 | 0.071464 | 0.081228 | 0.087543 |
| Camarilla | 0.057279 | 0.058753 | 0.060227 | 0.061701 | 0.063175 | 0.064649 | 0.066123 |
| Woodie | 0.037583 | 0.048208 | 0.053662 | 0.064287 | 0.069741 | 0.080366 | 0.085820 |
| Fibonacci | 0.049070 | 0.055212 | 0.059007 | 0.065149 | 0.071291 | 0.075086 | 0.081228 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.031784 | 0.040911 | 0.053187 | 0.062314 | 0.074590 | 0.083717 | 0.095993 |
| Camarilla | 0.059576 | 0.061538 | 0.063500 | 0.065462 | 0.067424 | 0.069386 | 0.071348 |
| Woodie | 0.033358 | 0.041698 | 0.054761 | 0.063101 | 0.076164 | 0.084504 | 0.097567 |
| Fibonacci | 0.040911 | 0.049087 | 0.054138 | 0.062314 | 0.070490 | 0.075541 | 0.083717 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.69 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -3.356012 | |
| AROON (14): | 71.428571 | |
| DEMA (21): | 0.061655 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.060602 | |
| Elder Ray (13): | 0.000116 | |
| Super Trend (3,10): | 0.062861 | |
| Zig ZAG (10): | 0.062099 | |
| VORTEX (21): | 1.0168 | |
| Stochastique (14,3,5): | 74.45 | |
| TEMA (21): | 0.062149 | |
| Williams %R (14): | -27.94 | |
| Chande Momentum Oscillator (20): | 0.000501 | |
| Repulse (5,40,3): | 0.0583 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0865 | |
| Courbe Coppock: | 3.12 |
| MA7: | 0.066500 | |
| MA20: | 0.071067 | |
| MA50: | 0.063944 | |
| MA100: | 0.061131 | |
| MAexp7: | 0.062042 | |
| MAexp20: | 0.062023 | |
| MAexp50: | 0.063099 | |
| MAexp100: | 0.065162 | |
| Price / MA7: | -7.24% | |
| Price / MA20: | -13.20% | |
| Price / MA50: | -3.53% | |
| Price / MA100: | +0.90% | |
| Price / MAexp7: | -0.58% | |
| Price / MAexp20: | -0.55% | |
| Price / MAexp50: | -2.24% | |
| Price / MAexp100: | -5.34% |
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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