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 bearish
Underlying:
Bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 0.417667 USDT
My targets
0.372633 USDT (-6.70%)
0.346567 USDT (-13.23%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CONFLUX NETWORK - CFX/USDT as long as the price remains well below 0.417667 USDT. The sellers' bearish objective is set at 0.372633 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.346567 USDT. In case of crossing, the next objective would be the support located at 0.301533 USDT.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.1
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Additional analysis
Quotes
The CONFLUX NETWORK - CFX/USDT rating is 0.399400 USDT. The price registered an increase of +0.18% on the session and was traded between 0.382600 USDT and 0.447800 USDT over the period. The price is currently at +4.39% from its lowest and -10.81% from its highest.0.382600
0.447800
0.399400
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:
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
A technical analysis in 15 min. of this CONFLUX NETWORK - CFX/USDT chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 15 minutes
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.276640 | 0.329100 | 0.365167 | 0.399400 | 0.418392 | 0.485600 |
| Change (%) | -30.74% | -17.60% | -8.57% | - | +4.76% | +21.58% |
| Change | -0.122760 | -0.070300 | -0.034233 | - | +0.018992 | +0.086200 |
| Level | Intermediate | 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): | 37.95 | |
| MACD (12,26,9): | -0.0037 | |
| Directional Movement: | -10.047532 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.408550 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.419884 | |
| Elder Ray (13): | -0.004833 | |
| Super Trend (3,10): | 0.421601 | |
| Zig ZAG (10): | 0.404700 | |
| VORTEX (21): | 0.8522 | |
| Stochastique (14,3,5): | 9.99 | |
| TEMA (21): | 0.402717 | |
| Williams %R (14): | -98.97 | |
| Chande Momentum Oscillator (20): | -0.014200 | |
| Repulse (5,40,3): | -1.9978 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0916 | |
| Courbe Coppock: | 7.97 |
| MA7: | 0.370214 | |
| MA20: | 0.261255 | |
| MA50: | 0.168401 | |
| MA100: | 0.096652 | |
| MAexp7: | 0.404090 | |
| MAexp20: | 0.412527 | |
| MAexp50: | 0.413774 | |
| MAexp100: | 0.413481 | |
| Price / MA7: | +7.88% | |
| Price / MA20: | +52.88% | |
| Price / MA50: | +137.17% | |
| Price / MA100: | +313.24% | |
| Price / MAexp7: | -1.16% | |
| Price / MAexp20: | -3.18% | |
| Price / MAexp50: | -3.47% | |
| Price / MAexp100: | -3.41% |
Quotes :
-
Real time data
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Cryptocompare
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