BLUZELLE - BLZ/USDT - Daily - Technical analysis published on 01/28/2020 (GMT)
- Who voted?
- 325
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bearish
Technical indicators
44%
33%
22%
My opinion
Bearish under 0.020600 USDT
My targets
0.017245 USDT (-4.19%)
My analysis
The basic trend is bearish on BLUZELLE - BLZ/USDT and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 0.020600 USDT. Buyers would then use the next resistance located at 0.025600 USDT as an objective. Crossing it would then enable buyers to target 0.028711 USDT. If there is a return to below the support located at 0.017245 USDT, this would be a sign of a reversal in the basic bearish trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
0.7
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BLUZELLE - BLZ/USDT rating 0.018000 USDT. On the day, this instrument gained -0.55% with the lowest point at 0.017900 USDT and the highest point at 0.019900 USDT. The deviation from the price is +0.56% for the low point and -9.55% for the high point.0.017900
0.019900
0.018000
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of BLUZELLE - BLZ/USDT indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. An assessment of moving averages reveals several bullish signals that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 4 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
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.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.017245 | 0.018000 | 0.028711 | 0.034595 | 0.037800 |
| Change (%) | -4.19% | - | +59.51% | +92.19% | +110.00% |
| Change | -0.000755 | - | +0.010711 | +0.016595 | +0.019800 |
| Level | Intermediate | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017167 | 0.017433 | 0.017767 | 0.018033 | 0.018367 | 0.018633 | 0.018967 |
| Camarilla | 0.017935 | 0.017990 | 0.018045 | 0.018100 | 0.018155 | 0.018210 | 0.018265 |
| Woodie | 0.017200 | 0.017450 | 0.017800 | 0.018050 | 0.018400 | 0.018650 | 0.019000 |
| Fibonacci | 0.017433 | 0.017663 | 0.017804 | 0.018033 | 0.018263 | 0.018404 | 0.018633 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015233 | 0.016167 | 0.016933 | 0.017867 | 0.018633 | 0.019567 | 0.020333 |
| Camarilla | 0.017233 | 0.017388 | 0.017544 | 0.017700 | 0.017856 | 0.018012 | 0.018168 |
| Woodie | 0.015150 | 0.016125 | 0.016850 | 0.017825 | 0.018550 | 0.019525 | 0.020250 |
| Fibonacci | 0.016167 | 0.016816 | 0.017217 | 0.017867 | 0.018516 | 0.018917 | 0.019567 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005000 | 0.010000 | 0.012800 | 0.017800 | 0.020600 | 0.025600 | 0.028400 |
| Camarilla | 0.013455 | 0.014170 | 0.014885 | 0.015600 | 0.016315 | 0.017030 | 0.017745 |
| Woodie | 0.003900 | 0.009450 | 0.011700 | 0.017250 | 0.019500 | 0.025050 | 0.027300 |
| Fibonacci | 0.010000 | 0.012980 | 0.014820 | 0.017800 | 0.020780 | 0.022620 | 0.025600 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.42 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 17.566020 | |
| AROON (14): | 78.571428 | |
| DEMA (21): | 0.017962 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.017310 | |
| Elder Ray (13): | 0.000903 | |
| Super Trend (3,10): | 0.019841 | |
| Zig ZAG (10): | 0.018000 | |
| VORTEX (21): | 1.0302 | |
| Stochastique (14,3,5): | 36.02 | |
| TEMA (21): | 0.018427 | |
| Williams %R (14): | -63.33 | |
| Chande Momentum Oscillator (20): | 0.000700 | |
| Repulse (5,40,3): | -7.6147 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0703 | |
| Courbe Coppock: | 6.46 |
| MA7: | 0.018043 | |
| MA20: | 0.017935 | |
| MA50: | 0.017810 | |
| MA100: | 0.021279 | |
| MAexp7: | 0.018057 | |
| MAexp20: | 0.017922 | |
| MAexp50: | 0.018662 | |
| MAexp100: | 0.021560 | |
| Price / MA7: | -0.24% | |
| Price / MA20: | +0.36% | |
| Price / MA50: | +1.07% | |
| Price / MA100: | -15.41% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | -3.55% | |
| Price / MAexp100: | -16.51% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis BLUZELLE - BLZ/USDT - Daily