ECASH - XEC/USD - Daily - Technical analysis published on 12/11/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.000031 USD
My targets
0.000027 USD (-11.00%)
0.000022 USD (-26.67%)
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 0.000031 USD remains possible. It is advisable to trade ECASH - XEC/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.000031 USD. The next bearish objective for sellers is set at 0.000027 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.000022 USD. In case of crossing, the next objective would be the support located at 0.000014 USD. PS: if there is a bullish break in the resistance located at 0.000031 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 neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3
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This analysis was given by Londinia.
Additional analysis
Quotes
The ECASH - XEC/USD rating is 0.000030 USD. The price has increased by +3.45% since the last closing and was traded between 0.000029 USD and 0.000030 USD over the period. The price is currently at +3.45% from its lowest and 0% from its highest.0.000029
0.000030
0.000030
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this ECASH - XEC/USD chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
R1
R2
R3
Price
| R1 | Price | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.000030 | 0.000030 | 0.000037 | 0.000043 |
| Change (%) | 0% | - | +23.33% | +43.33% |
| Change | 0 | - | +0.000007 | +0.000013 |
| Level | Minor | - | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000026 | 0.000027 | 0.000028 | 0.000029 | 0.000030 | 0.000031 | 0.000032 |
| Camarilla | 0.000029 | 0.000029 | 0.000029 | 0.000029 | 0.000029 | 0.000029 | 0.000030 |
| Woodie | 0.000026 | 0.000027 | 0.000028 | 0.000029 | 0.000030 | 0.000031 | 0.000032 |
| Fibonacci | 0.000027 | 0.000028 | 0.000028 | 0.000029 | 0.000030 | 0.000030 | 0.000031 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000023 | 0.000024 | 0.000027 | 0.000028 | 0.000031 | 0.000032 | 0.000035 |
| Camarilla | 0.000028 | 0.000028 | 0.000029 | 0.000029 | 0.000029 | 0.000030 | 0.000030 |
| Woodie | 0.000023 | 0.000025 | 0.000027 | 0.000029 | 0.000031 | 0.000033 | 0.000035 |
| Fibonacci | 0.000024 | 0.000026 | 0.000027 | 0.000028 | 0.000030 | 0.000031 | 0.000032 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000005 | 0.000014 | 0.000022 | 0.000031 | 0.000039 | 0.000048 | 0.000056 |
| Camarilla | 0.000025 | 0.000027 | 0.000028 | 0.000030 | 0.000032 | 0.000033 | 0.000035 |
| Woodie | 0.000005 | 0.000014 | 0.000022 | 0.000031 | 0.000039 | 0.000048 | 0.000056 |
| Fibonacci | 0.000014 | 0.000021 | 0.000025 | 0.000031 | 0.000038 | 0.000042 | 0.000048 |
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): | 44.61 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -12.140468 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.000028 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000024 | |
| Elder Ray (13): | -0 | |
| Super Trend (3,10): | 0.000034 | |
| Zig ZAG (10): | 0.000029 | |
| VORTEX (21): | 1.0238 | |
| Stochastique (14,3,5): | 75.00 | |
| TEMA (21): | 0.000029 | |
| Williams %R (14): | -25.00 | |
| Chande Momentum Oscillator (20): | 0.000000 | |
| Repulse (5,40,3): | 3.5655 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4003 | |
| Courbe Coppock: | 0.00 |
| MA7: | 0.000029 | |
| MA20: | 0.000029 | |
| MA50: | 0.000032 | |
| MA100: | 0.000036 | |
| MAexp7: | 0.000029 | |
| MAexp20: | 0.000029 | |
| MAexp50: | 0.000032 | |
| MAexp100: | 0.000036 | |
| Price / MA7: | +3.45% | |
| Price / MA20: | +3.45% | |
| Price / MA50: | -6.25% | |
| Price / MA100: | -16.67% | |
| Price / MAexp7: | +3.45% | |
| Price / MAexp20: | +3.45% | |
| Price / MAexp50: | -6.25% | |
| Price / MAexp100: | -16.67% |
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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