ELASTOS - ELA/USDT - 1H - Technical analysis published on 08/21/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 2.72 USDT
My targets
2.81 USDT (+2.55%)
2.88 USDT (+5.11%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ELASTOS - ELA/USDT as long as the price remains well above 2.72 USDT. The buyers” bullish objective is set at 2.81 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.88 USDT. If there is any crossing, the next objective would be the resistance located at 2.98 USDT.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ELASTOS - ELA/USDT rating 2.74 USDT. On the day, this instrument gained +0.74% with the lowest point at 2.61 USDT and the highest point at 2.82 USDT. The deviation from the price is +4.98% for the low point and -2.84% for the high point.2.61
2.82
2.74
Here is a more detailed summary of the historical variations registered by ELASTOS - ELA/USDT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this ELASTOS - ELA/USDT chart shows a bullish trend. 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. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.55 | 2.62 | 2.72 | 2.74 | 2.81 | 2.88 | 2.98 |
| Change (%) | -6.93% | -4.38% | -0.73% | - | +2.55% | +5.11% | +8.76% |
| Change | -0.19 | -0.12 | -0.02 | - | +0.07 | +0.14 | +0.24 |
| Level | Major | Intermediate | Minor | - | Minor | 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 | 2.25 | 2.39 | 2.55 | 2.68 | 2.85 | 2.98 | 3.15 |
| Camarilla | 2.64 | 2.66 | 2.69 | 2.72 | 2.75 | 2.77 | 2.80 |
| Woodie | 2.27 | 2.39 | 2.57 | 2.69 | 2.87 | 2.99 | 3.17 |
| Fibonacci | 2.39 | 2.50 | 2.57 | 2.68 | 2.80 | 2.87 | 2.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.95 | 2.13 | 2.46 | 2.63 | 2.96 | 3.13 | 3.46 |
| Camarilla | 2.65 | 2.69 | 2.74 | 2.79 | 2.83 | 2.88 | 2.92 |
| Woodie | 2.03 | 2.16 | 2.53 | 2.67 | 3.04 | 3.17 | 3.54 |
| Fibonacci | 2.13 | 2.32 | 2.44 | 2.63 | 2.82 | 2.94 | 3.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.38 | 0.49 | 1.59 | 2.45 | 3.56 | 4.42 | 5.53 |
| Camarilla | 2.15 | 2.33 | 2.51 | 2.69 | 2.87 | 3.05 | 3.23 |
| Woodie | -0.26 | 0.54 | 1.71 | 2.51 | 3.68 | 4.48 | 5.65 |
| Fibonacci | 0.49 | 1.24 | 1.70 | 2.45 | 3.21 | 3.67 | 4.42 |
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): | 54.42 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 5.26 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 2.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.76 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 2.58 | |
| Zig ZAG (10): | 2.76 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 53.21 | |
| TEMA (21): | 2.74 | |
| Williams %R (14): | -34.74 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | 3.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 0.89 |
| MA7: | 2.73 | |
| MA20: | 2.55 | |
| MA50: | 2.30 | |
| MA100: | 1.92 | |
| MAexp7: | 2.72 | |
| MAexp20: | 2.71 | |
| MAexp50: | 2.68 | |
| MAexp100: | 2.67 | |
| Price / MA7: | +0.37% | |
| Price / MA20: | +7.45% | |
| Price / MA50: | +19.13% | |
| Price / MA100: | +42.71% | |
| Price / MAexp7: | +0.74% | |
| Price / MAexp20: | +1.11% | |
| Price / MAexp50: | +2.24% | |
| Price / MAexp100: | +2.62% |
Quotes :
2020-08-21 15:58:23
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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