CELSIUS - CEL/ETH - 1H - Technical analysis published on 07/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
CELSIUS - CEL/ETH Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.001760 ETH
My targets
0.001551 ETH (-9.95%)
0.001511 ETH (-12.25%)
My analysis
CELSIUS NETWORK - CEL/ETH 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 0.001760 ETH. The next support located at 0.001551 ETH 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 0.001511 ETH. Below this support, sellers could then target 0.001229 ETH. 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
7.3
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This analysis was given by Addareea.
Additional analysis
Quotes
The CELSIUS NETWORK - CEL/ETH rating is 0.001722 ETH. The price is lower by -7.02% since the last closing and was between 0.001621 ETH and 0.001840 ETH. This implies that the price is at +6.23% from its lowest and at -6.41% from its highest.0.001621
0.001840
0.001722
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CELSIUS NETWORK - CEL/ETH:
Technical
Technical analysis of this 1H chart of CELSIUS NETWORK - CEL/ETH 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 market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.001095 | 0.001229 | 0.001511 | 0.001722 | 0.001760 | 0.001968 | 0.002121 |
| Change (%) | -36.41% | -28.63% | -12.25% | - | +2.21% | +14.29% | +23.17% |
| Change | -0.000627 | -0.000493 | -0.000211 | - | +0.000038 | +0.000246 | +0.000399 |
| Level | Intermediate | Major | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001300 | 0.001487 | 0.001670 | 0.001857 | 0.002040 | 0.002227 | 0.002410 |
| Camarilla | 0.001750 | 0.001784 | 0.001818 | 0.001852 | 0.001886 | 0.001920 | 0.001954 |
| Woodie | 0.001297 | 0.001486 | 0.001667 | 0.001856 | 0.002037 | 0.002226 | 0.002407 |
| Fibonacci | 0.001487 | 0.001629 | 0.001716 | 0.001857 | 0.001999 | 0.002086 | 0.002227 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000433 | 0.001096 | 0.001551 | 0.002214 | 0.002669 | 0.003332 | 0.003787 |
| Camarilla | 0.001698 | 0.001800 | 0.001903 | 0.002005 | 0.002108 | 0.002210 | 0.002312 |
| Woodie | 0.000328 | 0.001044 | 0.001446 | 0.002162 | 0.002564 | 0.003280 | 0.003682 |
| Fibonacci | 0.001096 | 0.001523 | 0.001787 | 0.002214 | 0.002641 | 0.002905 | 0.003332 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000978 | -0.000058 | 0.001039 | 0.001959 | 0.003056 | 0.003976 | 0.005073 |
| Camarilla | 0.001582 | 0.001767 | 0.001952 | 0.002137 | 0.002322 | 0.002507 | 0.002692 |
| Woodie | -0.000889 | -0.000014 | 0.001129 | 0.002003 | 0.003146 | 0.004020 | 0.005163 |
| Fibonacci | -0.000058 | 0.000712 | 0.001188 | 0.001959 | 0.002729 | 0.003205 | 0.003976 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.70 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -24.036663 | |
| AROON (14): | -78.571430 | |
| DEMA (21): | 0.001695 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.001794 | |
| Elder Ray (13): | -0.000035 | |
| Super Trend (3,10): | 0.001787 | |
| Zig ZAG (10): | 0.001722 | |
| VORTEX (21): | 0.7754 | |
| Stochastique (14,3,5): | 11.73 | |
| TEMA (21): | 0.001680 | |
| Williams %R (14): | -82.64 | |
| Chande Momentum Oscillator (20): | -0.000185 | |
| Repulse (5,40,3): | -0.9034 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3993 | |
| Courbe Coppock: | 10.06 |
| MA7: | 0.001933 | |
| MA20: | 0.001516 | |
| MA50: | 0.001156 | |
| MA100: | 0.000856 | |
| MAexp7: | 0.001711 | |
| MAexp20: | 0.001765 | |
| MAexp50: | 0.001851 | |
| MAexp100: | 0.001897 | |
| Price / MA7: | -10.92% | |
| Price / MA20: | +13.59% | |
| Price / MA50: | +48.96% | |
| Price / MA100: | +101.17% | |
| Price / MAexp7: | +0.64% | |
| Price / MAexp20: | -2.44% | |
| Price / MAexp50: | -6.97% | |
| Price / MAexp100: | -9.23% |
Quotes :
2020-07-06 10:01:10
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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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