CELER NETWORK - CELR/USDT - 1H - Technical analysis published on 05/18/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.022630 USDT
My targets
0.024097 USDT (+1.68%)
0.025950 USDT (+9.49%)
My analysis
CELER NETWORK - CELR/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.022630 USDT. The next resistance located at 0.024097 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.025950 USDT. After this resistance, buyers could then target 0.027993 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.7
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Additional analysis
Quotes
The CELER NETWORK - CELR/USDT price is 0.023700 USDT. The price has increased by +5.95% since the last closing with the lowest point at 0.021990 USDT and the highest point at 0.024210 USDT. The deviation from the price is +7.78% for the low point and -2.11% for the high point.0.021990
0.024210
0.023700
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of CELER NETWORK - CELR/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.019986 | 0.021966 | 0.022630 | 0.023700 | 0.024097 | 0.025950 | 0.027993 |
| Change (%) | -15.67% | -7.32% | -4.51% | - | +1.68% | +9.49% | +18.11% |
| Change | -0.003714 | -0.001734 | -0.001070 | - | +0.000397 | +0.002250 | +0.004293 |
| Level | Minor | Minor | 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 | 0.019697 | 0.020443 | 0.021407 | 0.022153 | 0.023117 | 0.023863 | 0.024827 |
| Camarilla | 0.021900 | 0.022057 | 0.022213 | 0.022370 | 0.022527 | 0.022684 | 0.022840 |
| Woodie | 0.019805 | 0.020498 | 0.021515 | 0.022208 | 0.023225 | 0.023918 | 0.024935 |
| Fibonacci | 0.020443 | 0.021097 | 0.021500 | 0.022153 | 0.022807 | 0.023210 | 0.023863 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014387 | 0.016283 | 0.017907 | 0.019803 | 0.021427 | 0.023323 | 0.024947 |
| Camarilla | 0.018562 | 0.018885 | 0.019207 | 0.019530 | 0.019853 | 0.020175 | 0.020498 |
| Woodie | 0.014250 | 0.016215 | 0.017770 | 0.019735 | 0.021290 | 0.023255 | 0.024810 |
| Fibonacci | 0.016283 | 0.017628 | 0.018459 | 0.019803 | 0.021148 | 0.021979 | 0.023323 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005993 | 0.012927 | 0.017913 | 0.024847 | 0.029833 | 0.036767 | 0.041753 |
| Camarilla | 0.019622 | 0.020715 | 0.021807 | 0.022900 | 0.023993 | 0.025085 | 0.026178 |
| Woodie | 0.005020 | 0.012440 | 0.016940 | 0.024360 | 0.028860 | 0.036280 | 0.040780 |
| Fibonacci | 0.012927 | 0.017480 | 0.020293 | 0.024847 | 0.029400 | 0.032213 | 0.036767 |
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): | 67.61 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 19.067224 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.023804 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.023552 | |
| Elder Ray (13): | 0.000343 | |
| Super Trend (3,10): | 0.022583 | |
| Zig ZAG (10): | 0.023810 | |
| VORTEX (21): | 1.2524 | |
| Stochastique (14,3,5): | 79.58 | |
| TEMA (21): | 0.023990 | |
| Williams %R (14): | -23.42 | |
| Chande Momentum Oscillator (20): | 0.001580 | |
| Repulse (5,40,3): | -1.9254 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2969 | |
| Courbe Coppock: | 12.17 |
| MA7: | 0.021223 | |
| MA20: | 0.021508 | |
| MA50: | 0.022867 | |
| MA100: | 0.021809 | |
| MAexp7: | 0.023682 | |
| MAexp20: | 0.023170 | |
| MAexp50: | 0.022440 | |
| MAexp100: | 0.021696 | |
| Price / MA7: | +11.67% | |
| Price / MA20: | +10.19% | |
| Price / MA50: | +3.64% | |
| Price / MA100: | +8.67% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +2.29% | |
| Price / MAexp50: | +5.61% | |
| Price / MAexp100: | +9.24% |
Quotes :
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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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