CELO - CELO/USDT - Daily - Technical analysis published on 04/14/2022 (GMT)
- 228
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
11%
50%
39%
My opinion
Neutral between 3.04 USDT and 3.44 USDT
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on CELO - CELO/USDT. It is difficult to advise a trading direction under these conditions. The first support is located at 3.04 USDT. The first resistance is located at 3.44 USDT. You could 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.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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.
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Additional analysis
Quotes
The CELO - CELO/USDT price is 3.28 USDT. The price registered an increase of +0.31% on the session with the lowest point at 3.25 USDT and the highest point at 3.38 USDT. The deviation from the price is +0.92% for the low point and -2.96% for the high point.3.25
3.38
3.28
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:
Technical
Technical analysis of CELO - CELO/USDT in Daily shows an overall slightly bearish trend. 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 overall trend could quickly return to neutral as well. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 2.40 | 3.04 | 3.28 | 3.44 | 5.28 | 6.63 |
Change (%) | -26.83% | -7.32% | - | +4.88% | +60.98% | +102.13% |
Change | -0.88 | -0.24 | - | +0.16 | +2.00 | +3.35 |
Level | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.96 | 3.02 | 3.15 | 3.21 | 3.34 | 3.40 | 3.53 |
Camarilla | 3.22 | 3.24 | 3.25 | 3.27 | 3.29 | 3.31 | 3.32 |
Woodie | 2.99 | 3.04 | 3.18 | 3.23 | 3.37 | 3.42 | 3.56 |
Fibonacci | 3.02 | 3.10 | 3.14 | 3.21 | 3.29 | 3.33 | 3.40 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.03 | 2.21 | 2.86 | 4.04 | 4.69 | 5.87 | 6.52 |
Camarilla | 3.02 | 3.19 | 3.35 | 3.52 | 3.69 | 3.86 | 4.02 |
Woodie | 0.78 | 2.08 | 2.61 | 3.91 | 4.44 | 5.74 | 6.27 |
Fibonacci | 2.21 | 2.91 | 3.34 | 4.04 | 4.74 | 5.17 | 5.87 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 47.97 | |
MACD (12,26,9): | 0.0600 | |
Directional Movement: | 11.12 | |
AROON (14): | -50.00 | |
DEMA (21): | 3.54 | |
Parabolic SAR (0,02-0,02-0,2): | 4.82 | |
Elder Ray (13): | -0.12 | |
Super Trend (3,10): | 4.35 | |
Zig ZAG (10): | 3.27 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 9.42 | |
TEMA (21): | 3.48 | |
Williams %R (14): | -89.38 | |
Chande Momentum Oscillator (20): | -0.19 | |
Repulse (5,40,3): | -3.7400 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.8100 | |
Courbe Coppock: | 0.82 |
MA7: | 3.33 | |
MA20: | 3.53 | |
MA50: | 3.04 | |
MA100: | 3.31 | |
MAexp7: | 3.37 | |
MAexp20: | 3.41 | |
MAexp50: | 3.28 | |
MAexp100: | 3.43 | |
Price / MA7: | -1.50% | |
Price / MA20: | -7.08% | |
Price / MA50: | +7.89% | |
Price / MA100: | -0.91% | |
Price / MAexp7: | -2.67% | |
Price / MAexp20: | -3.81% | |
Price / MAexp50: | -0% | |
Price / MAexp100: | -4.37% |
Quotes :
-
Real time data
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Cryptocompare
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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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