CELO - CELO/USDT - 1H - Technical analysis published on 02/14/2023 (GMT)
- 153
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 0.728650 USDT and 0.767867 USDT
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.767867 USDT. The first support is located at 0.728650 USDT. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by CELO - CELO/USDT.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish 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.
This analysis was given by Joeymeloney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CELO - CELO/USDT rating 0.748100 USDT. The price registered an increase of +0.92% on the session and was traded between 0.713100 USDT and 0.758900 USDT over the period. The price is currently at +4.91% from its lowest and -1.42% from its highest.0.713100
0.758900
0.748100
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
Here is a more detailed summary of the historical variations registered by CELO - CELO/USDT:
Technical
Technical analysis of this 1H chart of CELO - CELO/USDT indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
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 harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.586967 | 0.704087 | 0.728650 | 0.748100 | 0.767867 | 0.788183 | 0.807800 |
| Change (%) | -21.54% | -5.88% | -2.60% | - | +2.64% | +5.36% | +7.98% |
| Change | -0.161133 | -0.044013 | -0.019450 | - | +0.019767 | +0.040083 | +0.059700 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Major | 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 | 0.606833 | 0.658967 | 0.700133 | 0.752267 | 0.793433 | 0.845567 | 0.886733 |
| Camarilla | 0.715643 | 0.724195 | 0.732748 | 0.741300 | 0.749853 | 0.758405 | 0.766958 |
| Woodie | 0.601350 | 0.656225 | 0.694650 | 0.749525 | 0.787950 | 0.842825 | 0.881250 |
| Fibonacci | 0.658967 | 0.694607 | 0.716626 | 0.752267 | 0.787907 | 0.809926 | 0.845567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.566933 | 0.635167 | 0.709733 | 0.777967 | 0.852533 | 0.920767 | 0.995333 |
| Camarilla | 0.745030 | 0.758120 | 0.771210 | 0.784300 | 0.797390 | 0.810480 | 0.823570 |
| Woodie | 0.570100 | 0.636750 | 0.712900 | 0.779550 | 0.855700 | 0.922350 | 0.998500 |
| Fibonacci | 0.635167 | 0.689716 | 0.723417 | 0.777967 | 0.832516 | 0.866217 | 0.920767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.167667 | 0.316533 | 0.524967 | 0.673833 | 0.882267 | 1.031133 | 1.239567 |
| Camarilla | 0.635143 | 0.667895 | 0.700648 | 0.733400 | 0.766153 | 0.798905 | 0.831658 |
| Woodie | 0.197450 | 0.331425 | 0.554750 | 0.688725 | 0.912050 | 1.046025 | 1.269350 |
| Fibonacci | 0.316533 | 0.453022 | 0.537345 | 0.673833 | 0.810322 | 0.894645 | 1.031133 |
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): | 54.74 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | 2.549825 | |
| AROON (14): | 14.285715 | |
| DEMA (21): | 0.731120 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.716691 | |
| Elder Ray (13): | 0.007676 | |
| Super Trend (3,10): | 0.704335 | |
| Zig ZAG (10): | 0.743900 | |
| VORTEX (21): | 1.0780 | |
| Stochastique (14,3,5): | 64.34 | |
| TEMA (21): | 0.738909 | |
| Williams %R (14): | -30.57 | |
| Chande Momentum Oscillator (20): | 0.019700 | |
| Repulse (5,40,3): | 1.4741 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0920 | |
| Courbe Coppock: | 2.85 |
| MA7: | 0.762457 | |
| MA20: | 0.770955 | |
| MA50: | 0.656702 | |
| MA100: | 0.596819 | |
| MAexp7: | 0.738158 | |
| MAexp20: | 0.734180 | |
| MAexp50: | 0.743293 | |
| MAexp100: | 0.752936 | |
| Price / MA7: | -1.88% | |
| Price / MA20: | -2.96% | |
| Price / MA50: | +13.92% | |
| Price / MA100: | +25.35% | |
| Price / MAexp7: | +1.35% | |
| Price / MAexp20: | +1.90% | |
| Price / MAexp50: | +0.65% | |
| Price / MAexp100: | -0.64% |
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.
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