CONFLUX - CFX/USDT - 15 min. - Technical analysis published on 03/21/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.417667 USDT
My targets
0.443733 USDT (+1.42%)
0.488767 USDT (+11.72%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on CONFLUX NETWORK - CFX/USDT. This is a positive signal for buyers. As long as the price remains above 0.417667 USDT, a purchase could be considered. The first bullish objective is located at 0.443733 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.488767 USDT as an objective. Crossing it would then enable buyers to target 0.514833 USDT. In the event of a return below 0.417667 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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Additional analysis
Quotes
CONFLUX NETWORK - CFX/USDT rating 0.437500 USDT. On the day, this instrument gained +9.73% and was between 0.382600 USDT and 0.447800 USDT. This implies that the price is at +14.35% from its lowest and at -2.30% from its highest.0.382600
0.447800
0.437500
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
Here is a more detailed summary of the historical variations registered by CONFLUX NETWORK - CFX/USDT:
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 an overall bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.329100 | 0.365167 | 0.418392 | 0.437500 | 0.485600 |
| Change (%) | -24.78% | -16.53% | -4.37% | - | +10.99% |
| Change | -0.108400 | -0.072333 | -0.019108 | - | +0.048100 |
| Level | Major | Major | Intermediate | - | 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 | 0.301533 | 0.346567 | 0.372633 | 0.417667 | 0.443733 | 0.488767 | 0.514833 |
| Camarilla | 0.379148 | 0.385665 | 0.392183 | 0.398700 | 0.405218 | 0.411735 | 0.418253 |
| Woodie | 0.292050 | 0.341825 | 0.363150 | 0.412925 | 0.434250 | 0.484025 | 0.505350 |
| Fibonacci | 0.346567 | 0.373727 | 0.390507 | 0.417667 | 0.444827 | 0.461607 | 0.488767 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 73.66 | |
| MACD (12,26,9): | 0.0088 | |
| Directional Movement: | 31.145958 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.423175 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.413013 | |
| Elder Ray (13): | 0.021693 | |
| Super Trend (3,10): | 0.414520 | |
| Zig ZAG (10): | 0.446000 | |
| VORTEX (21): | 1.2908 | |
| Stochastique (14,3,5): | 85.44 | |
| TEMA (21): | 0.432183 | |
| Williams %R (14): | -12.39 | |
| Chande Momentum Oscillator (20): | 0.035800 | |
| Repulse (5,40,3): | 1.9674 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1648 | |
| Courbe Coppock: | 13.52 |
| MA7: | 0.375729 | |
| MA20: | 0.262895 | |
| MA50: | 0.169061 | |
| MA100: | 0.096980 | |
| MAexp7: | 0.428851 | |
| MAexp20: | 0.413336 | |
| MAexp50: | 0.407464 | |
| MAexp100: | 0.409792 | |
| Price / MA7: | +16.44% | |
| Price / MA20: | +66.42% | |
| Price / MA50: | +158.78% | |
| Price / MA100: | +351.12% | |
| Price / MAexp7: | +2.02% | |
| Price / MAexp20: | +5.85% | |
| Price / MAexp50: | +7.37% | |
| Price / MAexp100: | +6.76% |
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.
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