CRYPTOINDEX - CIX100/USDT - 1H - Technical analysis published on 10/16/2019 (GMT)
- Who voted?
- 74
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 0.618700 USDT
My targets
0.613237 USDT (-0.24%)
0.609275 USDT (-0.88%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on CRYPTOINDEX - CIX100/USDT as long as the price remains well below 0.618700 USDT. The next bearish objective for sellers is set at 0.613237 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.609275 USDT. In case of crossing, the next objective would be the support located at 0.603000 USDT.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
2.5
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.
Additional analysis
Quotes
The CRYPTOINDEX - CIX100/USDT price is 0.614700 USDT. The price is lower by -0.24% since the last closing and was between 0.614500 USDT and 0.620800 USDT. This implies that the price is at +0.03% from its lowest and at -0.98% from its highest.0.614500
0.620800
0.614700
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CRYPTOINDEX - CIX100/USDT:
Technical
A technical analysis in 1H of this CRYPTOINDEX - CIX100/USDT chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.603000 | 0.609275 | 0.613237 | 0.614700 | 0.618700 | 0.628400 | 0.635700 |
Change (%) | -1.90% | -0.88% | -0.24% | - | +0.65% | +2.23% | +3.42% |
Change | -0.011700 | -0.005425 | -0.001463 | - | +0.004000 | +0.013700 | +0.021000 |
Level | Minor | Minor | Major | - | Major | 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 | 0.607933 | 0.610667 | 0.613433 | 0.616167 | 0.618933 | 0.621667 | 0.624433 |
Camarilla | 0.614688 | 0.615192 | 0.615696 | 0.616200 | 0.616704 | 0.617208 | 0.617713 |
Woodie | 0.607950 | 0.610675 | 0.613450 | 0.616175 | 0.618950 | 0.621675 | 0.624450 |
Fibonacci | 0.610667 | 0.612768 | 0.614066 | 0.616167 | 0.618268 | 0.619566 | 0.621667 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.512167 | 0.545233 | 0.576067 | 0.609133 | 0.639967 | 0.673033 | 0.703867 |
Camarilla | 0.589328 | 0.595185 | 0.601043 | 0.606900 | 0.612758 | 0.618615 | 0.624473 |
Woodie | 0.511050 | 0.544675 | 0.574950 | 0.608575 | 0.638850 | 0.672475 | 0.702750 |
Fibonacci | 0.545233 | 0.569643 | 0.584724 | 0.609133 | 0.633543 | 0.648624 | 0.673033 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.331933 | 0.448067 | 0.527633 | 0.643767 | 0.723333 | 0.839467 | 0.919033 |
Camarilla | 0.553383 | 0.571322 | 0.589261 | 0.607200 | 0.625139 | 0.643078 | 0.661018 |
Woodie | 0.313650 | 0.438925 | 0.509350 | 0.634625 | 0.705050 | 0.830325 | 0.900750 |
Fibonacci | 0.448067 | 0.522824 | 0.569009 | 0.643767 | 0.718524 | 0.764709 | 0.839467 |
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): | 46.02 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | -5.993492 | |
AROON (14): | -14.285713 | |
DEMA (21): | 0.616799 | |
Parabolic SAR (0,02-0,02-0,2): | 0.614500 | |
Elder Ray (13): | -0.001415 | |
Super Trend (3,10): | 0.611139 | |
Zig ZAG (10): | 0.614600 | |
VORTEX (21): | 0.9840 | |
Stochastique (14,3,5): | 8.99 | |
TEMA (21): | 0.616575 | |
Williams %R (14): | -98.41 | |
Chande Momentum Oscillator (20): | 0.000000 | |
Repulse (5,40,3): | -0.5226 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0077 | |
Courbe Coppock: | 0.01 |
MA7: | 0.615486 | |
MA20: | 0.606545 | |
MA50: | 0.670786 | |
MA100: | 0.727744 | |
MAexp7: | 0.616764 | |
MAexp20: | 0.616591 | |
MAexp50: | 0.616140 | |
MAexp100: | 0.615470 | |
Price / MA7: | -0.13% | |
Price / MA20: | +1.34% | |
Price / MA50: | -8.36% | |
Price / MA100: | -15.53% | |
Price / MAexp7: | -0.33% | |
Price / MAexp20: | -0.31% | |
Price / MAexp50: | -0.23% | |
Price / MAexp100: | -0.13% |
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…
Add a comment
Comments
0 comments on the analysis CRYPTOINDEX - CIX100/USDT - 1H