CELO - CELO/USDT - Daily - Technical analysis published on 04/21/2022 (GMT)
- 229
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
33%
28%
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.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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 3.25 USDT. The price registered a decrease of -0.92% on the session with the lowest point at 3.18 USDT and the highest point at 3.34 USDT. The deviation from the price is +2.20% for the low point and -2.69% for the high point.3.18
3.34
3.25
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CELO - CELO/USDT:
Technical
Technical analysis of CELO - CELO/USDT in Daily shows an overall slightly bearish trend. 50.00% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
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, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 2.40 | 3.04 | 3.25 | 3.44 | 4.49 | 5.28 |
Change (%) | -26.15% | -6.46% | - | +5.85% | +38.15% | +62.46% |
Change | -0.85 | -0.21 | - | +0.19 | +1.24 | +2.03 |
Level | Intermediate | Minor | - | Minor | Minor | Intermediate |
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 | 2.94 | 3.04 | 3.16 | 3.26 | 3.38 | 3.48 | 3.60 |
Camarilla | 3.22 | 3.24 | 3.26 | 3.28 | 3.30 | 3.32 | 3.34 |
Woodie | 2.95 | 3.05 | 3.17 | 3.27 | 3.39 | 3.49 | 3.61 |
Fibonacci | 3.04 | 3.12 | 3.18 | 3.26 | 3.34 | 3.40 | 3.48 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.16 | 2.60 | 2.88 | 3.32 | 3.60 | 4.04 | 4.32 |
Camarilla | 2.97 | 3.04 | 3.10 | 3.17 | 3.24 | 3.30 | 3.37 |
Woodie | 2.09 | 2.56 | 2.81 | 3.28 | 3.53 | 4.00 | 4.25 |
Fibonacci | 2.60 | 2.87 | 3.04 | 3.32 | 3.59 | 3.76 | 4.04 |
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): | 49.22 | |
MACD (12,26,9): | -0.0300 | |
Directional Movement: | 10.75 | |
AROON (14): | -71.43 | |
DEMA (21): | 3.29 | |
Parabolic SAR (0,02-0,02-0,2): | 3.86 | |
Elder Ray (13): | -0.01 | |
Super Trend (3,10): | 3.93 | |
Zig ZAG (10): | 3.25 | |
VORTEX (21): | 0.9900 | |
Stochastique (14,3,5): | 29.09 | |
TEMA (21): | 3.17 | |
Williams %R (14): | -66.81 | |
Chande Momentum Oscillator (20): | -0.26 | |
Repulse (5,40,3): | 3.1900 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.1200 | |
Courbe Coppock: | 31.65 |
MA7: | 3.17 | |
MA20: | 3.47 | |
MA50: | 3.13 | |
MA100: | 3.20 | |
MAexp7: | 3.22 | |
MAexp20: | 3.29 | |
MAexp50: | 3.25 | |
MAexp100: | 3.40 | |
Price / MA7: | +2.52% | |
Price / MA20: | -6.34% | |
Price / MA50: | +3.83% | |
Price / MA100: | +1.56% | |
Price / MAexp7: | +0.93% | |
Price / MAexp20: | -1.22% | |
Price / MAexp50: | -0% | |
Price / MAexp100: | -4.41% |
Quotes :
-
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
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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