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CONFLUX - CFX/USDT
CONFLUX - CFX/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: CFXUSDT
ISIN:

CONFLUX - CFX/USDT - 15 min. - Technical analysis published on 01/28/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bearish
Technical indicators
61%
6%
33%
My opinion
Neutral between 0.206867 USDT and 0.220899 USDT
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.220899 USDT. The first support is located at 0.206867 USDT. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by CONFLUX NETWORK - CFX/USDT.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

kathem389
This analysis was given by kathem389. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The CONFLUX NETWORK - CFX/USDT price is 0.220144 USDT. The price has increased by +3.26% since the last closing and was traded between 0.212007 USDT and 0.223859 USDT over the period. The price is currently at +3.84% from its lowest and -1.66% from its highest.

0.212007
0.223859
0.220144

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

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 slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes



In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes


RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


Aroon indicator bullish trend

Type : Bullish

Timeframe : 15 minutes


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 0.189083 0.193072 0.213691 0.220144
Change (%) -14.11% -12.30% -2.93% -
Change -0.031061 -0.027072 -0.006453 -
Level Intermediate Intermediate Intermediate -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1768190.1940800.2036380.2208990.2304570.2477180.257276
Camarilla0.2058220.2082800.2107390.2131970.2156550.2181140.220572
Woodie0.1729690.1921540.1997880.2189730.2266070.2457920.253426
Fibonacci0.1940800.2043250.2106540.2208990.2311440.2374730.247718


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1066590.1379520.1755740.2068670.2444890.2757820.313404
Camarilla0.1942450.2005630.2068800.2131970.2195140.2258310.232149
Woodie0.1098250.1395340.1787400.2084490.2476550.2773640.316570
Fibonacci0.1379520.1642770.1805410.2068670.2331920.2494560.275782


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1266790.1454100.1700150.1887460.2133510.2320820.256687
Camarilla0.1827040.1866760.1906490.1946210.1985940.2025660.206538
Woodie0.1296170.1468790.1729530.1902150.2162890.2335510.259625
Fibonacci0.1454100.1619640.1721910.1887460.2053000.2155270.232082

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): 52.73
MACD (12,26,9): -0.0004
Directional Movement: 7.245284
AROON (14): 21.428572
DEMA (21): 0.217398
Parabolic SAR (0,02-0,02-0,2): 0.215790
Elder Ray (13): 0.000975
Super Trend (3,10): 0.220483
Zig ZAG (10): 0.218637
VORTEX (21): 0.9439
Stochastique (14,3,5): 68.71
TEMA (21): 0.217117
Williams %R (14): -22.02
Chande Momentum Oscillator (20): 0.000378
Repulse (5,40,3): 0.0895
ROCnROLL: -1
TRIX (15,9): -0.0373
Courbe Coppock: 1.21
MA7: 0.198239
MA20: 0.192341
MA50: 0.189289
MA100: 0.175491
MAexp7: 0.217603
MAexp20: 0.217984
MAexp50: 0.218750
MAexp100: 0.218968
Price / MA7: +11.05%
Price / MA20: +14.46%
Price / MA50: +16.30%
Price / MA100: +25.44%
Price / MAexp7: +1.17%
Price / MAexp20: +0.99%
Price / MAexp50: +0.64%
Price / MAexp100: +0.54%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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