CELO - CELO/USDT - Daily - Technical analysis published on 04/09/2022 (GMT)
- 200
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
39%
28%
33%
My opinion
Neutral between 3.03 USDT and 3.99 USDT
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on CELO - CELO/USDT. It is difficult to advise a trading direction under these conditions. The first resistance is located at 3.99 USDT. The first support is located at 3.03 USDT. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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 finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CELO - CELO/USDT rating is 3.46 USDT. The price is lower by -1.14% since the last closing and was traded between 3.41 USDT and 3.55 USDT over the period. The price is currently at +1.47% from its lowest and -2.54% from its highest.3.41
3.55
3.46
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Daily chart of CELO - CELO/USDT indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish doji star
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.40 | 3.03 | 3.45 | 3.46 | 4.45 | 5.61 | 6.63 |
| Change (%) | -30.64% | -12.43% | -0.29% | - | +28.61% | +62.14% | +91.62% |
| Change | -1.06 | -0.43 | -0.01 | - | +0.99 | +2.15 | +3.17 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.75 | 3.11 | 3.30 | 3.66 | 3.85 | 4.21 | 4.40 |
| Camarilla | 3.35 | 3.40 | 3.45 | 3.50 | 3.55 | 3.60 | 3.65 |
| Woodie | 2.68 | 3.07 | 3.23 | 3.62 | 3.78 | 4.17 | 4.33 |
| Fibonacci | 3.11 | 3.32 | 3.45 | 3.66 | 3.87 | 4.00 | 4.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.37 | 2.73 | 3.09 | 3.45 | 3.81 | 4.17 | 4.53 |
| Camarilla | 3.26 | 3.33 | 3.39 | 3.46 | 3.53 | 3.59 | 3.66 |
| Woodie | 2.38 | 2.73 | 3.10 | 3.45 | 3.82 | 4.17 | 4.54 |
| Fibonacci | 2.73 | 3.00 | 3.17 | 3.45 | 3.72 | 3.89 | 4.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.03 | 1.70 | 2.51 | 3.18 | 3.99 | 4.66 | 5.47 |
| Camarilla | 2.91 | 3.05 | 3.18 | 3.32 | 3.46 | 3.59 | 3.73 |
| Woodie | 1.10 | 1.74 | 2.58 | 3.22 | 4.06 | 4.70 | 5.54 |
| Fibonacci | 1.70 | 2.27 | 2.62 | 3.18 | 3.75 | 4.10 | 4.66 |
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): | 50.73 | |
| MACD (12,26,9): | 0.2300 | |
| Directional Movement: | 16.12 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 3.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.21 | |
| Elder Ray (13): | -0.16 | |
| Super Trend (3,10): | 3.40 | |
| Zig ZAG (10): | 3.46 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 25.26 | |
| TEMA (21): | 3.94 | |
| Williams %R (14): | -82.25 | |
| Chande Momentum Oscillator (20): | 0.23 | |
| Repulse (5,40,3): | -16.3000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.2500 | |
| Courbe Coppock: | 44.15 |
| MA7: | 3.93 | |
| MA20: | 3.47 | |
| MA50: | 2.97 | |
| MA100: | 3.40 | |
| MAexp7: | 3.70 | |
| MAexp20: | 3.51 | |
| MAexp50: | 3.28 | |
| MAexp100: | 3.45 | |
| Price / MA7: | -11.96% | |
| Price / MA20: | -0.29% | |
| Price / MA50: | +16.50% | |
| Price / MA100: | +1.76% | |
| Price / MAexp7: | -6.49% | |
| Price / MAexp20: | -1.42% | |
| Price / MAexp50: | +5.49% | |
| Price / MAexp100: | +0.29% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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