AELF - ELF/USD
AELF - ELF/USD
15,598.5996 USD (-1.65%)
03/31/2025 - 15:34 Closed Real time data - CoinMarketCap
Open: 15,708.2998
Change: -261.9004
Volume: 4,697
Low: 15,589.0996
High: 15,756.5996
High / Low range: 167.5000
Type: Cryptocurrencies
Ticker: ELFUSD
ISIN:

AELF - ELF/USD - 1H - Technical analysis published on 09/30/2024 (GMT)

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  • 09/30/2024 - 02:20
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  • Timeframe : 1H
  • - Analysis generated on 09/30/2024 - 02:20
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 0.397610 USD
My targets
0.437860 USD (+6.98%)
0.443642 USD (+8.39%)
My analysis
The bullish trend is currently very strong on AELF - ELF/USD. As long as the price remains above the support at 0.397610 USD, you could try to benefit from the boom. The first bullish objective is located at 0.437860 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.443642 USD as an objective. Crossing it would then enable buyers to target 0.522028 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
7.9

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:
Daily Weekly

Additional analysis

Quotes

The AELF - ELF/USD rating is 0.409287 USD. The price registered an increase of +3.96% on the session and was between 0.386990 USD and 0.422740 USD. This implies that the price is at +5.76% from its lowest and at -3.18% from its highest.

0.386990
0.422740
0.409287

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-50-37.5-25-12.5012.5January 1st3 years1 year6 months1 month5 daysToday
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

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. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.376985 0.387144 0.397610 0.409287 0.409698 0.437860 0.443642
Change (%) -7.89% -5.41% -2.85% - +0.10% +6.98% +8.39%
Change -0.032302 -0.022143 -0.011677 - +0.000411 +0.028573 +0.034355
Level Major Minor Minor - Major Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3633880.3781100.3859060.4006280.4084240.4231460.430942
Camarilla0.3875100.3895740.3916380.3937020.3957660.3978300.399895
Woodie0.3599250.3763790.3824430.3988970.4049610.4214150.427479
Fibonacci0.3781100.3867120.3920260.4006280.4092300.4145440.423146


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3008640.3377880.3703710.4072950.4398780.4768020.509385
Camarilla0.3838390.3902100.3965820.4029530.4093250.4156960.422067
Woodie0.2986930.3367030.3682000.4062100.4377070.4757170.507214
Fibonacci0.3377880.3643400.3807440.4072950.4338470.4502510.476802


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2038880.2749090.3273800.3984010.4508720.5218930.574364
Camarilla0.3458900.3572100.3685300.3798500.3911700.4024900.413810
Woodie0.1946120.2702720.3181040.3937640.4415960.5172560.565088
Fibonacci0.2749090.3220830.3512270.3984010.4455750.4747190.521893

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy10
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 55.28
MACD (12,26,9): 0.0024
Directional Movement: -6.914059
AROON (14): -14.285714
DEMA (21): 0.411122
Parabolic SAR (0,02-0,02-0,2): 0.422740
Elder Ray (13): -0.008572
Super Trend (3,10): 0.418967
Zig ZAG (10): 0.412730
VORTEX (21): 0.9325
Stochastique (14,3,5): 70.25
TEMA (21): 0.412498
Williams %R (14): -29.93
Chande Momentum Oscillator (20): 0.003650
Repulse (5,40,3): 10.0905
ROCnROLL: 1
TRIX (15,9): 0.0727
Courbe Coppock: 3.22
MA7: 0.399886
MA20: 0.386150
MA50: 0.385899
MA100: 0.384057
MAexp7: 0.409877
MAexp20: 0.408160
MAexp50: 0.405429
MAexp100: 0.403067
Price / MA7: +2.35%
Price / MA20: +5.99%
Price / MA50: +6.06%
Price / MA100: +6.57%
Price / MAexp7: -0.14%
Price / MAexp20: +0.28%
Price / MAexp50: +0.95%
Price / MAexp100: +1.54%

Quotes : 09/30/2024 - 02:19 - Real time data - Cryptocompare

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

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