CONFLUX NETWORK - 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%
72%
17%
My opinion
Bearish under 0.417667 USDT
My targets
0.372633 USDT (-7.72%)
0.346567 USDT (-14.17%)
My analysis
In the short term, we can see an acceleration in the bearish trend on CONFLUX NETWORK - CFX/USDT, which is a positive signal for sellers. As long as the price remains above 0.417667 USDT, a sale could be considered. The first bearish objective is located at 0.372633 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.346567 USDT as an objective. Crossing it would then enable sellers to target 0.301533 USDT. If the price were to return above 0.417667 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.9
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Additional analysis
Quotes
CONFLUX NETWORK - CFX/USDT rating 0.403800 USDT. The price registered an increase of +1.28% on the session with the lowest point at 0.382600 USDT and the highest point at 0.447800 USDT. The deviation from the price is +5.54% for the low point and -9.83% for the high point.0.382600
0.447800
0.403800
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 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. The Central Indicators scanner detects bearish signals on moving averages 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
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
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 | 0.403800 | 0.418392 | 0.485600 |
| Change (%) | -31.49% | -18.50% | -9.57% | - | +3.61% | +20.26% |
| Change | -0.127160 | -0.074700 | -0.038633 | - | +0.014592 | +0.081800 |
| 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 are the details of the technical indicators and moving averages that were collected to generate 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: | 0.370729 | |
| MA20: | 0.261050 | |
| MA50: | 0.168311 | |
| MA100: | 0.096615 | |
| MAexp7: | 0.404090 | |
| MAexp20: | 0.412527 | |
| MAexp50: | 0.413774 | |
| MAexp100: | 0.413481 | |
| Price / MA7: | +8.92% | |
| Price / MA20: | +54.68% | |
| Price / MA50: | +139.91% | |
| Price / MA100: | +317.95% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -2.12% | |
| Price / MAexp50: | -2.41% | |
| Price / MAexp100: | -2.34% |
Quotes :
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Real time data
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Cryptocompare
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