CYBERMILES - CMT/USDT - Daily - Technical analysis published on 01/28/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.012234 USDT
My targets
0.010290 USDT (-8.86%)
0.008957 USDT (-20.67%)
My analysis
CYBERMILES - CMT/USDT 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 0.012234 USDT. The next support located at 0.010290 USDT 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 0.008957 USDT. Below this support, sellers could then target 0.007233 USDT. 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
5.9
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The CYBERMILES - CMT/USDT price is 0.011290 USDT. The price registered an increase of +0.89% on the session and was between 0.011110 USDT and 0.011780 USDT. This implies that the price is at +1.62% from its lowest and at -4.16% from its highest.0.011110
0.011780
0.011290
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this Daily chart of CYBERMILES - CMT/USDT indicates that the overall trend is strongly bearish. 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.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : Daily
Bullish harami cross
Type : Bullish
Timeframe : Daily
ProTrendLines
R1
R2
R3
Price
Price | R1 | R2 | R3 | |
---|---|---|---|---|
ProTrendLines | 0.011290 | 0.012234 | 0.021551 | 0.027490 |
Change (%) | - | +8.36% | +90.89% | +143.49% |
Change | - | +0.000944 | +0.010261 | +0.016200 |
Level | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.010893 | 0.010997 | 0.011093 | 0.011197 | 0.011293 | 0.011397 | 0.011493 |
Camarilla | 0.011135 | 0.011153 | 0.011172 | 0.011190 | 0.011208 | 0.011227 | 0.011245 |
Woodie | 0.010890 | 0.010995 | 0.011090 | 0.011195 | 0.011290 | 0.011395 | 0.011490 |
Fibonacci | 0.010997 | 0.011073 | 0.011120 | 0.011197 | 0.011273 | 0.011320 | 0.011397 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.008790 | 0.009790 | 0.010290 | 0.011290 | 0.011790 | 0.012790 | 0.013290 |
Camarilla | 0.010378 | 0.010515 | 0.010653 | 0.010790 | 0.010928 | 0.011065 | 0.011203 |
Woodie | 0.008540 | 0.009665 | 0.010040 | 0.011165 | 0.011540 | 0.012665 | 0.013040 |
Fibonacci | 0.009790 | 0.010363 | 0.010717 | 0.011290 | 0.011863 | 0.012217 | 0.012790 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.004267 | 0.007233 | 0.008957 | 0.011923 | 0.013647 | 0.016613 | 0.018337 |
Camarilla | 0.009390 | 0.009820 | 0.010250 | 0.010680 | 0.011110 | 0.011540 | 0.011970 |
Woodie | 0.003645 | 0.006923 | 0.008335 | 0.011613 | 0.013025 | 0.016303 | 0.017715 |
Fibonacci | 0.007233 | 0.009025 | 0.010132 | 0.011923 | 0.013715 | 0.014822 | 0.016613 |
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): | 47.89 | |
MACD (12,26,9): | -0.0001 | |
Directional Movement: | 8.562249 | |
AROON (14): | 28.571430 | |
DEMA (21): | 0.011229 | |
Parabolic SAR (0,02-0,02-0,2): | 0.013690 | |
Elder Ray (13): | 0.000061 | |
Super Trend (3,10): | 0.012608 | |
Zig ZAG (10): | 0.011290 | |
VORTEX (21): | 0.9946 | |
Stochastique (14,3,5): | 21.87 | |
TEMA (21): | 0.011530 | |
Williams %R (14): | -73.90 | |
Chande Momentum Oscillator (20): | 0.000570 | |
Repulse (5,40,3): | -5.7154 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1106 | |
Courbe Coppock: | 8.63 |
MA7: | 0.011293 | |
MA20: | 0.011329 | |
MA50: | 0.011675 | |
MA100: | 0.014457 | |
MAexp7: | 0.011336 | |
MAexp20: | 0.011415 | |
MAexp50: | 0.012226 | |
MAexp100: | 0.014823 | |
Price / MA7: | -0.03% | |
Price / MA20: | -0.34% | |
Price / MA50: | -3.30% | |
Price / MA100: | -21.91% | |
Price / MAexp7: | -0.41% | |
Price / MAexp20: | -1.10% | |
Price / MAexp50: | -7.66% | |
Price / MAexp100: | -23.83% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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