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 09/19/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 0.357621 USD

My targets

0.380710 USD (+4.03%)

0.403264 USD (+10.20%)

My analysis

AELF - ELF/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.357621 USD. The next resistance located at 0.380710 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.403264 USD. After this resistance, buyers could then target 0.422650 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.4

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 0.365947 USD. On the day, this instrument lost -1.28% and was traded between 0.358920 USD and 0.378576 USD over the period. The price is currently at +1.96% from its lowest and -3.34% from its highest.

0.358920

0.378576

0.365947

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:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1st january)

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

Technical analysis of this 1H chart of AELF - ELF/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour

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

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.337481	0.345600	0.357621	0.365947	0.367733	0.380710	0.403264
Change (%)	-7.78%	-5.56%	-2.28%	-	+0.49%	+4.03%	+10.20%
Change	-0.028466	-0.020347	-0.008326	-	+0.001786	+0.014763	+0.037317
Level	Minor	Intermediate	Intermediate	-	Intermediate	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	0.335955	0.342902	0.356798	0.363745	0.377641	0.384588	0.398484
Camarilla	0.364961	0.366872	0.368782	0.370693	0.372604	0.374514	0.376425
Woodie	0.339429	0.344639	0.360272	0.365482	0.381115	0.386325	0.401958
Fibonacci	0.342902	0.350864	0.355783	0.363745	0.371707	0.376626	0.384588

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.248881	0.285531	0.329965	0.366615	0.411049	0.447699	0.492133
Camarilla	0.352102	0.359535	0.366967	0.374400	0.381833	0.389265	0.396698
Woodie	0.252774	0.287477	0.333858	0.368561	0.414942	0.449645	0.496026
Fibonacci	0.285531	0.316505	0.335641	0.366615	0.397589	0.416725	0.447699

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.044471	0.167435	0.273643	0.396607	0.502815	0.625779	0.731987
Camarilla	0.316828	0.337835	0.358843	0.379850	0.400857	0.421865	0.442872
Woodie	0.036092	0.163246	0.265264	0.392418	0.494436	0.621590	0.723608
Fibonacci	0.167435	0.254979	0.309064	0.396607	0.484151	0.538236	0.625779

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	60.96
MACD (12,26,9):	0.0024
Directional Movement:	9.982280
AROON (14):	78.571429
DEMA (21):	0.364742
Parabolic SAR (0,02-0,02-0,2):	0.363770
Elder Ray (13):	0.008332
Super Trend (3,10):	0.346916
Zig ZAG (10):	0.365750
VORTEX (21):	1.0087
Stochastique (14,3,5):	36.44
TEMA (21):	0.365989
Williams %R (14):	-65.45
Chande Momentum Oscillator (20):	0.005330
Repulse (5,40,3):	-11.6794
ROCnROLL:	1
TRIX (15,9):	0.0884
Courbe Coppock:	3.51

MA7:	0.366525
MA20:	0.364438
MA50:	0.382836
MA100:	0.383981
MAexp7:	0.364342
MAexp20:	0.361713
MAexp50:	0.359201
MAexp100:	0.359774
Price / MA7:	-0.16%
Price / MA20:	+0.41%
Price / MA50:	-4.41%
Price / MA100:	-4.70%
Price / MAexp7:	+0.44%
Price / MAexp20:	+1.17%
Price / MAexp50:	+1.88%
Price / MAexp100:	+1.72%

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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