ELROND - ERD/USDT - 15 min. - Technical analysis published on 07/14/2020 (GMT)
- Who voted?
- 111
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
ELROND - ERD/USDT Chart
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.014153 USDT
My targets
0.015527 USDT (+3.86%)
0.016293 USDT (+8.99%)
My analysis
A bullish trend on ELROND - ERD/USDT both in substance and in the short term. A purchase could be considered as long as the price remains above 0.014153 USDT. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.015527 USDT. Then the price could move towards 0.016293 USDT. Be careful, a return below 0.014153 USDT would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8
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 Addareea.
Additional analysis
Quotes
The ELROND - ERD/USDT price is 0.014950 USDT. The price registered an increase of +11.40% on the session with the lowest point at 0.012750 USDT and the highest point at 0.015840 USDT. The deviation from the price is +17.25% for the low point and -5.62% for the high point.0.012750
0.015840
0.014950
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 15 min. chart of ELROND - ERD/USDT indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the 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 shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.011314 | 0.012905 | 0.014120 | 0.014950 | 0.015840 |
| Change (%) | -24.32% | -13.68% | -5.55% | - | +5.95% |
| Change | -0.003636 | -0.002045 | -0.000830 | - | +0.000890 |
| Level | Intermediate | Minor | Intermediate | - | 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 | 0.009873 | 0.010607 | 0.012013 | 0.012747 | 0.014153 | 0.014887 | 0.016293 |
| Camarilla | 0.012832 | 0.013028 | 0.013224 | 0.013420 | 0.013616 | 0.013812 | 0.014009 |
| Woodie | 0.010210 | 0.010775 | 0.012350 | 0.012915 | 0.014490 | 0.015055 | 0.016630 |
| Fibonacci | 0.010607 | 0.011424 | 0.011929 | 0.012747 | 0.013564 | 0.014069 | 0.014887 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000797 | 0.002581 | 0.007365 | 0.010743 | 0.015527 | 0.018905 | 0.023689 |
| Camarilla | 0.009906 | 0.010654 | 0.011402 | 0.012150 | 0.012898 | 0.013646 | 0.014395 |
| Woodie | -0.000093 | 0.002933 | 0.008069 | 0.011095 | 0.016231 | 0.019257 | 0.024393 |
| Fibonacci | 0.002581 | 0.005699 | 0.007625 | 0.010743 | 0.013861 | 0.015787 | 0.018905 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000825 | 0.000698 | 0.003486 | 0.005009 | 0.007797 | 0.009320 | 0.012108 |
| Camarilla | 0.005089 | 0.005484 | 0.005879 | 0.006274 | 0.006669 | 0.007064 | 0.007460 |
| Woodie | -0.000193 | 0.001014 | 0.004119 | 0.005325 | 0.008430 | 0.009636 | 0.012741 |
| Fibonacci | 0.000698 | 0.002345 | 0.003362 | 0.005009 | 0.006656 | 0.007673 | 0.009320 |
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): | 55.68 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 12.395986 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.014683 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.014039 | |
| Elder Ray (13): | 0.000132 | |
| Super Trend (3,10): | 0.014908 | |
| Zig ZAG (10): | 0.014890 | |
| VORTEX (21): | 0.9243 | |
| Stochastique (14,3,5): | 91.61 | |
| TEMA (21): | 0.014752 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.000400 | |
| Repulse (5,40,3): | 0.6297 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0490 | |
| Courbe Coppock: | 4.29 |
| MA7: | 0.011076 | |
| MA20: | 0.007535 | |
| MA50: | 0.004917 | |
| MA100: | 0.003181 | |
| MAexp7: | 0.014790 | |
| MAexp20: | 0.014701 | |
| MAexp50: | 0.014643 | |
| MAexp100: | 0.014233 | |
| Price / MA7: | +34.98% | |
| Price / MA20: | +98.41% | |
| Price / MA50: | +204.05% | |
| Price / MA100: | +369.98% | |
| Price / MAexp7: | +1.08% | |
| Price / MAexp20: | +1.69% | |
| Price / MAexp50: | +2.10% | |
| Price / MAexp100: | +5.04% |
Quotes :
2020-07-13 23:55:29
-
Real time data
-
Cryptocompare
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 ELROND - ERD/USDT - 15 min.