CONFLUX - CFX/USDT - 15 min. - Technical analysis published on 03/22/2023 (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:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.413000 USDT
My targets
0.378200 USDT (-6.82%)
0.347800 USDT (-14.31%)
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 0.413000 USDT. The next bearish objective for sellers is set at 0.378200 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.347800 USDT. If there is any crossing, the next objective would be the support located at 0.313000 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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Additional analysis
Quotes
CONFLUX NETWORK - CFX/USDT rating 0.405900 USDT. The price registered a decrease of -0.66% on the session and was traded between 0.404800 USDT and 0.408500 USDT over the period. The price is currently at +0.27% from its lowest and -0.64% from its highest.0.404800
0.408500
0.405900
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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
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
A technical analysis in 15 min. of this CONFLUX NETWORK - CFX/USDT chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.276640 | 0.329100 | 0.365167 | 0.405900 | 0.418392 | 0.485600 |
| Change (%) | -31.85% | -18.92% | -10.04% | - | +3.08% | +19.64% |
| Change | -0.129260 | -0.076800 | -0.040733 | - | +0.012492 | +0.079700 |
| Level | Intermediate | Major | Major | - | Intermediate | Minor |
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 | 0.313000 | 0.347800 | 0.378200 | 0.413000 | 0.443400 | 0.478200 | 0.508600 |
| Camarilla | 0.390670 | 0.396647 | 0.402623 | 0.408600 | 0.414577 | 0.420553 | 0.426530 |
| Woodie | 0.310800 | 0.346700 | 0.376000 | 0.411900 | 0.441200 | 0.477100 | 0.506400 |
| Fibonacci | 0.347800 | 0.372706 | 0.388094 | 0.413000 | 0.437906 | 0.453294 | 0.478200 |
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): | 41.28 | |
| MACD (12,26,9): | -0.0044 | |
| Directional Movement: | -11.151617 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.400604 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.406566 | |
| Elder Ray (13): | -0.002118 | |
| Super Trend (3,10): | 0.414646 | |
| Zig ZAG (10): | 0.404000 | |
| VORTEX (21): | 0.8565 | |
| Stochastique (14,3,5): | 26.99 | |
| TEMA (21): | 0.397915 | |
| Williams %R (14): | -50.64 | |
| Chande Momentum Oscillator (20): | -0.005200 | |
| Repulse (5,40,3): | 0.7409 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1572 | |
| Courbe Coppock: | 3.83 |
| MA7: | 0.390343 | |
| MA20: | 0.270435 | |
| MA50: | 0.175969 | |
| MA100: | 0.100478 | |
| MAexp7: | 0.403155 | |
| MAexp20: | 0.406214 | |
| MAexp50: | 0.410287 | |
| MAexp100: | 0.411651 | |
| Price / MA7: | +3.99% | |
| Price / MA20: | +50.09% | |
| Price / MA50: | +130.67% | |
| Price / MA100: | +303.97% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -1.07% | |
| Price / MAexp100: | -1.40% |
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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