CONFLUX - CFX/USDT
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USDT
(-)
- Real time data - CoinMarketCap
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Cryptocurrencies |
| Ticker: | CFXUSDT |
| ISIN: |
CONFLUX - CFX/USDT - 1H - Technical analysis published on 03/20/2023 (GMT)
- 143
- 0
- 03/20/2023 - 20:03
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- Timeframe : 1H
- - Analysis generated on 03/20/2023 - 20:03
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.409713 USDT
My targets
0.365700 USDT (-9.21%)
0.329100 USDT (-18.30%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for CONFLUX NETWORK - CFX/USDT as long as the price remains well below 0.409713 USDT. The sellers' bearish objective is set at 0.365700 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.329100 USDT. If there is any crossing, the next objective would be the support located at 0.276238 USDT.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.7
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This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CONFLUX NETWORK - CFX/USDT rating 0.402800 USDT. On the day, this instrument lost -11.47% and was between 0.391600 USDT and 0.462700 USDT. This implies that the price is at +2.86% from its lowest and at -12.95% from its highest.0.391600
0.462700
0.402800
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
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of CONFLUX NETWORK - CFX/USDT indicates that the overall trend is not clearly defined. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.276238 | 0.329100 | 0.365700 | 0.402800 |
| Change (%) | -31.42% | -18.30% | -9.21% | - |
| Change | -0.126562 | -0.073700 | -0.037100 | - |
| Level | Major | Intermediate | Intermediate | - |
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 | 0.277867 | 0.325533 | 0.390267 | 0.437933 | 0.502667 | 0.550333 | 0.615067 |
| Camarilla | 0.424090 | 0.434393 | 0.444697 | 0.455000 | 0.465303 | 0.475607 | 0.485910 |
| Woodie | 0.286400 | 0.329800 | 0.398800 | 0.442200 | 0.511200 | 0.554600 | 0.623600 |
| Fibonacci | 0.325533 | 0.368470 | 0.394997 | 0.437933 | 0.480870 | 0.507397 | 0.550333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.093300 | 0.023800 | 0.200100 | 0.317200 | 0.493500 | 0.610600 | 0.786900 |
| Camarilla | 0.295715 | 0.322610 | 0.349505 | 0.376400 | 0.403295 | 0.430190 | 0.457085 |
| Woodie | -0.063700 | 0.038600 | 0.229700 | 0.332000 | 0.523100 | 0.625400 | 0.816500 |
| Fibonacci | 0.023800 | 0.135879 | 0.205121 | 0.317200 | 0.429279 | 0.498521 | 0.610600 |
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 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): | 37.68 | |
| MACD (12,26,9): | -0.0043 | |
| Directional Movement: | -13.279711 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.426363 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.445049 | |
| Elder Ray (13): | -0.020693 | |
| Super Trend (3,10): | 0.455579 | |
| Zig ZAG (10): | 0.401100 | |
| VORTEX (21): | 0.8321 | |
| Stochastique (14,3,5): | 16.47 | |
| TEMA (21): | 0.413971 | |
| Williams %R (14): | -86.08 | |
| Chande Momentum Oscillator (20): | -0.052900 | |
| Repulse (5,40,3): | -3.5972 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1010 | |
| Courbe Coppock: | 11.08 |
| MA7: | 0.356500 | |
| MA20: | 0.252915 | |
| MA50: | 0.160857 | |
| MA100: | 0.092870 | |
| MAexp7: | 0.416275 | |
| MAexp20: | 0.427510 | |
| MAexp50: | 0.417636 | |
| MAexp100: | 0.385644 | |
| Price / MA7: | +12.99% | |
| Price / MA20: | +59.26% | |
| Price / MA50: | +150.41% | |
| Price / MA100: | +333.72% | |
| Price / MAexp7: | -3.24% | |
| Price / MAexp20: | -5.78% | |
| Price / MAexp50: | -3.55% | |
| Price / MAexp100: | +4.45% |
Quotes :
03/20/2023 - 20:03
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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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