AELF - ELF/USD - 1H - Technical analysis published on 10/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.373166 USD
My targets
0.355240 USD (-2.21%)
0.334868 USD (-7.82%)
My analysis
AELF - ELF/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.373166 USD. The next support located at 0.355240 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.334868 USD. Below this support, sellers could then target 0.315554 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AELF - ELF/USD rating 0.363262 USD. On the day, this instrument lost -0.07% with the lowest point at 0.354083 USD and the highest point at 0.372570 USD. The deviation from the price is +2.59% for the low point and -2.50% for the high point.0.354083
0.372570
0.363262
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of AELF - ELF/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish 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 generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.315554 | 0.355240 | 0.361943 | 0.363262 | 0.373166 | 0.379719 | 0.409444 |
| Change (%) | -13.13% | -2.21% | -0.36% | - | +2.73% | +4.53% | +12.71% |
| Change | -0.047708 | -0.008022 | -0.001319 | - | +0.009904 | +0.016457 | +0.046182 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Major |
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 | 0.343161 | 0.352603 | 0.358057 | 0.367499 | 0.372953 | 0.382395 | 0.387849 |
| Camarilla | 0.359416 | 0.360781 | 0.362147 | 0.363512 | 0.364878 | 0.366243 | 0.367608 |
| Woodie | 0.341168 | 0.351606 | 0.356064 | 0.366502 | 0.370960 | 0.381398 | 0.385856 |
| Fibonacci | 0.352603 | 0.358293 | 0.361808 | 0.367499 | 0.373189 | 0.376704 | 0.382395 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.238471 | 0.296855 | 0.334868 | 0.393252 | 0.431265 | 0.489649 | 0.527662 |
| Camarilla | 0.346371 | 0.355207 | 0.364044 | 0.372880 | 0.381716 | 0.390553 | 0.399389 |
| Woodie | 0.228285 | 0.291762 | 0.324682 | 0.388159 | 0.421079 | 0.484556 | 0.517476 |
| Fibonacci | 0.296855 | 0.333679 | 0.356429 | 0.393252 | 0.430076 | 0.452826 | 0.489649 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.177425 | 0.246596 | 0.313294 | 0.382465 | 0.449163 | 0.518334 | 0.585032 |
| Camarilla | 0.342627 | 0.355082 | 0.367536 | 0.379991 | 0.392446 | 0.404900 | 0.417355 |
| Woodie | 0.176188 | 0.245978 | 0.312057 | 0.381847 | 0.447926 | 0.517716 | 0.583795 |
| Fibonacci | 0.246596 | 0.298498 | 0.330563 | 0.382465 | 0.434367 | 0.466432 | 0.518334 |
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): | 38.47 | |
| MACD (12,26,9): | -0.0019 | |
| Directional Movement: | -12.752865 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.363356 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.364454 | |
| Elder Ray (13): | -0.002859 | |
| Super Trend (3,10): | 0.374925 | |
| Zig ZAG (10): | 0.363450 | |
| VORTEX (21): | 0.9832 | |
| Stochastique (14,3,5): | 59.14 | |
| TEMA (21): | 0.362970 | |
| Williams %R (14): | -41.51 | |
| Chande Momentum Oscillator (20): | -0.006707 | |
| Repulse (5,40,3): | 4.7740 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0658 | |
| Courbe Coppock: | 2.95 |
| MA7: | 0.371216 | |
| MA20: | 0.384660 | |
| MA50: | 0.380200 | |
| MA100: | 0.384886 | |
| MAexp7: | 0.364004 | |
| MAexp20: | 0.366076 | |
| MAexp50: | 0.368998 | |
| MAexp100: | 0.371338 | |
| Price / MA7: | -2.14% | |
| Price / MA20: | -5.56% | |
| Price / MA50: | -4.46% | |
| Price / MA100: | -5.62% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | -0.77% | |
| Price / MAexp50: | -1.55% | |
| Price / MAexp100: | -2.17% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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