CONFLUX - CFX/USDT - 1H - Technical analysis published on 01/28/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Additional analysis
Quotes
CONFLUX NETWORK - CFX/USDT rating 0.219962 USDT. The price registered an increase of +3.17% on the session and was between 0.212007 USDT and 0.223859 USDT. This implies that the price is at +3.75% from its lowest and at -1.74% from its highest.A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on CONFLUX NETWORK - CFX/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H 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 slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bearish and bullish signals:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.189083 | 0.193072 | 0.213691 | 0.219962 |
| Change (%) | -14.04% | -12.22% | -2.85% | - |
| Change | -0.030879 | -0.026890 | -0.006271 | - |
| Level | Intermediate | Intermediate | Intermediate | - |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.176819 | 0.194080 | 0.203638 | 0.220899 | 0.230457 | 0.247718 | 0.257276 |
| Camarilla | 0.205822 | 0.208280 | 0.210739 | 0.213197 | 0.215655 | 0.218114 | 0.220572 |
| Woodie | 0.172969 | 0.192154 | 0.199788 | 0.218973 | 0.226607 | 0.245792 | 0.253426 |
| Fibonacci | 0.194080 | 0.204325 | 0.210654 | 0.220899 | 0.231144 | 0.237473 | 0.247718 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.106659 | 0.137952 | 0.175574 | 0.206867 | 0.244489 | 0.275782 | 0.313404 |
| Camarilla | 0.194245 | 0.200563 | 0.206880 | 0.213197 | 0.219514 | 0.225831 | 0.232149 |
| Woodie | 0.109825 | 0.139534 | 0.178740 | 0.208449 | 0.247655 | 0.277364 | 0.316570 |
| Fibonacci | 0.137952 | 0.164277 | 0.180541 | 0.206867 | 0.233192 | 0.249456 | 0.275782 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.126679 | 0.145410 | 0.170015 | 0.188746 | 0.213351 | 0.232082 | 0.256687 |
| Camarilla | 0.182704 | 0.186676 | 0.190649 | 0.194621 | 0.198594 | 0.202566 | 0.206538 |
| Woodie | 0.129617 | 0.146879 | 0.172953 | 0.190215 | 0.216289 | 0.233551 | 0.259625 |
| Fibonacci | 0.145410 | 0.161964 | 0.172191 | 0.188746 | 0.205300 | 0.215527 | 0.232082 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
| RSI (14): | 49.51 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -0.974287 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.219124 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.221403 | |
| Elder Ray (13): | -0.000082 | |
| Super Trend (3,10): | 0.227704 | |
| Zig ZAG (10): | 0.218651 | |
| VORTEX (21): | 0.8827 | |
| Stochastique (14,3,5): | 50.75 | |
| TEMA (21): | 0.216493 | |
| Williams %R (14): | -44.11 | |
| Chande Momentum Oscillator (20): | 0.005025 | |
| Repulse (5,40,3): | -0.1574 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0168 | |
| Courbe Coppock: | 0.31 |
| MA7: | 0.198239 | |
| MA20: | 0.192341 | |
| MA50: | 0.189289 | |
| MA100: | 0.175491 | |
| MAexp7: | 0.218258 | |
| MAexp20: | 0.219156 | |
| MAexp50: | 0.215343 | |
| MAexp100: | 0.206865 | |
| Price / MA7: | +10.96% | |
| Price / MA20: | +14.36% | |
| Price / MA50: | +16.20% | |
| Price / MA100: | +25.34% | |
| Price / MAexp7: | +0.78% | |
| Price / MAexp20: | +0.37% | |
| Price / MAexp50: | +2.14% | |
| Price / MAexp100: | +6.33% |
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