CONFLUX - CFX/USDT - 15 min. - Technical analysis published on 03/21/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
39%
22%
My opinion
Bullish above 0.417667 USDT
My targets
0.443733 USDT (+2.41%)
0.488767 USDT (+12.80%)
My analysis
CONFLUX NETWORK - CFX/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.417667 USDT. The next resistance located at 0.443733 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.488767 USDT. After this resistance, buyers could then target 0.514833 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5
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Additional analysis
Quotes
CONFLUX NETWORK - CFX/USDT rating 0.433300 USDT. The price registered an increase of +8.68% on the session and was between 0.382600 USDT and 0.447800 USDT. This implies that the price is at +13.25% from its lowest and at -3.24% from its highest.0.382600
0.447800
0.433300
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of CONFLUX NETWORK - CFX/USDT indicates that the overall trend is strongly bullish. 82.14% 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 is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
Bearish harami cross
Type : Bearish
Timeframe : 15 minutes
Three white soldiers
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.329100 | 0.365167 | 0.418392 | 0.433300 | 0.485600 |
| Change (%) | -24.05% | -15.72% | -3.44% | - | +12.07% |
| Change | -0.104200 | -0.068133 | -0.014908 | - | +0.052300 |
| 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.33 | |
| MACD (12,26,9): | 0.0045 | |
| Directional Movement: | 12.721966 | |
| AROON (14): | -64.285715 | |
| DEMA (21): | 0.427757 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.435700 | |
| Elder Ray (13): | 0.001657 | |
| Super Trend (3,10): | 0.414440 | |
| Zig ZAG (10): | 0.423400 | |
| VORTEX (21): | 1.1020 | |
| Stochastique (14,3,5): | 18.79 | |
| TEMA (21): | 0.428213 | |
| Williams %R (14): | -65.86 | |
| Chande Momentum Oscillator (20): | -0.009800 | |
| Repulse (5,40,3): | 2.2442 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2188 | |
| Courbe Coppock: | 1.71 |
| MA7: | 0.375257 | |
| MA20: | 0.262460 | |
| MA50: | 0.168877 | |
| MA100: | 0.096898 | |
| MAexp7: | 0.426608 | |
| MAexp20: | 0.421228 | |
| MAexp50: | 0.414244 | |
| MAexp100: | 0.413038 | |
| Price / MA7: | +15.47% | |
| Price / MA20: | +65.09% | |
| Price / MA50: | +156.58% | |
| Price / MA100: | +347.17% | |
| Price / MAexp7: | +1.57% | |
| Price / MAexp20: | +2.87% | |
| Price / MAexp50: | +4.60% | |
| Price / MAexp100: | +4.91% |
Quotes :
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Real time data
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