CONFLUX NETWORK - CFX/USDT - 15 min. - Technical analysis published on 03/17/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.313100 USDT
My targets
0.359000 USDT (+5.19%)
0.365700 USDT (+7.15%)
My analysis
The bullish trend is currently very strong on CONFLUX NETWORK - CFX/USDT. As long as the price remains above the support at 0.313100 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.359000 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.365700 USDT as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6
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Additional analysis
Quotes
CONFLUX NETWORK - CFX/USDT rating 0.341300 USDT. The price registered an increase of +16.68% on the session and was between 0.282800 USDT and 0.342900 USDT. This implies that the price is at +20.69% from its lowest and at -0.47% from its highest.0.282800
0.342900
0.341300
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on CONFLUX NETWORK - CFX/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of CONFLUX NETWORK - CFX/USDT in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
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:
Long white line
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.247400 | 0.308400 | 0.329100 | 0.341300 | 0.365700 |
| Change (%) | -27.51% | -9.64% | -3.57% | - | +7.15% |
| Change | -0.093900 | -0.032900 | -0.012200 | - | +0.024400 |
| Level | Major | Intermediate | Major | - | 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 | 0.221300 | 0.241900 | 0.267200 | 0.287800 | 0.313100 | 0.333700 | 0.359000 |
| Camarilla | 0.279878 | 0.284085 | 0.288293 | 0.292500 | 0.296708 | 0.300915 | 0.305123 |
| Woodie | 0.223650 | 0.243075 | 0.269550 | 0.288975 | 0.315450 | 0.334875 | 0.361350 |
| Fibonacci | 0.241900 | 0.259434 | 0.270266 | 0.287800 | 0.305334 | 0.316166 | 0.333700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.023133 | 0.077967 | 0.112533 | 0.167367 | 0.201933 | 0.256767 | 0.291333 |
| Camarilla | 0.122515 | 0.130710 | 0.138905 | 0.147100 | 0.155295 | 0.163490 | 0.171685 |
| Woodie | 0.013000 | 0.072900 | 0.102400 | 0.162300 | 0.191800 | 0.251700 | 0.281200 |
| Fibonacci | 0.077967 | 0.112118 | 0.133216 | 0.167367 | 0.201518 | 0.222616 | 0.256767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.224567 | -0.087953 | 0.092573 | 0.229187 | 0.409713 | 0.546327 | 0.726853 |
| Camarilla | 0.185887 | 0.214958 | 0.244029 | 0.273100 | 0.302171 | 0.331242 | 0.360314 |
| Woodie | -0.202610 | -0.076975 | 0.114530 | 0.240165 | 0.431670 | 0.557305 | 0.748810 |
| Fibonacci | -0.087953 | 0.033194 | 0.108039 | 0.229187 | 0.350334 | 0.425179 | 0.546327 |
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): | 78.53 | |
| MACD (12,26,9): | 0.0042 | |
| Directional Movement: | 34.353271 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.322235 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.309934 | |
| Elder Ray (13): | 0.012451 | |
| Super Trend (3,10): | 0.312182 | |
| Zig ZAG (10): | 0.341300 | |
| VORTEX (21): | 1.0982 | |
| Stochastique (14,3,5): | 84.92 | |
| TEMA (21): | 0.323094 | |
| Williams %R (14): | -4.80 | |
| Chande Momentum Oscillator (20): | 0.025900 | |
| Repulse (5,40,3): | 9.3123 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1147 | |
| Courbe Coppock: | 3.28 |
| MA7: | 0.256814 | |
| MA20: | 0.235095 | |
| MA50: | 0.136847 | |
| MA100: | 0.080891 | |
| MAexp7: | 0.323098 | |
| MAexp20: | 0.317068 | |
| MAexp50: | 0.309909 | |
| MAexp100: | 0.303594 | |
| Price / MA7: | +32.90% | |
| Price / MA20: | +45.18% | |
| Price / MA50: | +149.40% | |
| Price / MA100: | +321.93% | |
| Price / MAexp7: | +5.63% | |
| Price / MAexp20: | +7.64% | |
| Price / MAexp50: | +10.13% | |
| Price / MAexp100: | +12.42% |
Quotes :
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Real time data
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