AELF - ELF/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	ELFUSD
ISIN:

AELF - ELF/USD - 1H - Technical analysis published on 08/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 0.403140 USD

My targets

0.454320 USD (+7.73%)

0.458244 USD (+8.66%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AELF - ELF/USD as long as the price remains well above 0.403140 USD. The buyers' bullish objective is set at 0.454320 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.458244 USD. If there is any crossing, the next objective would be the resistance located at 0.554810 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.5

Comment on the analysis

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AELF - ELF/USD rating is 0.421720 USD. On the day, this instrument lost -0.04% with the lowest point at 0.419350 USD and the highest point at 0.448868 USD. The deviation from the price is +0.57% for the low point and -6.05% for the high point.

0.419350

0.448868

0.421720

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by AELF - ELF/USD:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of AELF - ELF/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

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.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.358164	0.385079	0.403140	0.421720	0.423249	0.458244	0.554810
Change (%)	-15.07%	-8.69%	-4.41%	-	+0.36%	+8.66%	+31.56%
Change	-0.063556	-0.036641	-0.018580	-	+0.001529	+0.036524	+0.133090
Level	Intermediate	Major	Minor	-	Major	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.343525	0.372273	0.397076	0.425824	0.450627	0.479375	0.504178
Camarilla	0.407154	0.412062	0.416971	0.421880	0.426789	0.431698	0.436607
Woodie	0.341554	0.371287	0.395105	0.424838	0.448656	0.478389	0.502207
Fibonacci	0.372273	0.392729	0.405367	0.425824	0.446280	0.458918	0.479375

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.189948	0.267939	0.327835	0.405826	0.465722	0.543713	0.603609
Camarilla	0.349811	0.362451	0.375090	0.387730	0.400370	0.413009	0.425649
Woodie	0.180900	0.263415	0.318787	0.401302	0.456674	0.539189	0.594561
Fibonacci	0.267939	0.320612	0.353154	0.405826	0.458499	0.491041	0.543713

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.157600	0.233620	0.305960	0.381980	0.454320	0.530340	0.602680
Camarilla	0.337501	0.351101	0.364700	0.378300	0.391900	0.405499	0.419099
Woodie	0.155760	0.232700	0.304120	0.381060	0.452480	0.529420	0.600840
Fibonacci	0.233620	0.290294	0.325307	0.381980	0.438654	0.473667	0.530340

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):	90.94
MACD (12,26,9):	0.0071
Directional Movement:	11.208311
AROON (14):	57.142857
DEMA (21):	0.427164
Parabolic SAR (0,02-0,02-0,2):	0.452513
Elder Ray (13):	0.015549
Super Trend (3,10):	0.360807
Zig ZAG (10):	0.421480
VORTEX (21):	1.0320
Stochastique (14,3,5):	36.39
TEMA (21):	0.424344
Williams %R (14):	-64.85
Chande Momentum Oscillator (20):	0.011130
Repulse (5,40,3):	-20.4417
ROCnROLL:	1
TRIX (15,9):	0.1737
Courbe Coppock:	7.26

MA7:	0.401960
MA20:	0.394255
MA50:	0.394468
MA100:	0.417857
MAexp7:	0.421060
MAexp20:	0.415524
MAexp50:	0.407723
MAexp100:	0.401118
Price / MA7:	+4.92%
Price / MA20:	+6.97%
Price / MA50:	+6.91%
Price / MA100:	+0.92%
Price / MAexp7:	+0.16%
Price / MAexp20:	+1.49%
Price / MAexp50:	+3.43%
Price / MAexp100:	+5.14%

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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