CHILIZ - CHZ/USDT - 1H - Technical analysis published on 11/20/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.205246 USDT
My targets
0.191600 USDT (-5.24%)
0.184720 USDT (-8.64%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHILIZ - CHZ/USDT as long as the price remains well below 0.205246 USDT. The sellers' bearish objective is set at 0.191600 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.184720 USDT. In case of crossing, the next objective would be the support located at 0.165620 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.1
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This analysis was given by Hungary22. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHILIZ - CHZ/USDT rating is 0.202200 USDT. The price is lower by -17.50% since the last closing with the lowest point at 0.201900 USDT and the highest point at 0.245500 USDT. The deviation from the price is +0.15% for the low point and -17.64% for the high point.0.201900
0.245500
0.202200
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of CHILIZ - CHZ/USDT indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.129600 | 0.165620 | 0.184720 | 0.202200 | 0.205246 | 0.228033 | 0.239744 |
| Change (%) | -35.91% | -18.09% | -8.64% | - | +1.51% | +12.78% | +18.57% |
| Change | -0.072600 | -0.036580 | -0.017480 | - | +0.003046 | +0.025833 | +0.037544 |
| Level | Intermediate | Major | 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 | 0.204867 | 0.224233 | 0.234667 | 0.254033 | 0.264467 | 0.283833 | 0.294267 |
| Camarilla | 0.236905 | 0.239637 | 0.242368 | 0.245100 | 0.247832 | 0.250563 | 0.253295 |
| Woodie | 0.200400 | 0.222000 | 0.230200 | 0.251800 | 0.260000 | 0.281600 | 0.289800 |
| Fibonacci | 0.224233 | 0.235617 | 0.242650 | 0.254033 | 0.265417 | 0.272450 | 0.283833 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.097200 | 0.138100 | 0.191600 | 0.232500 | 0.286000 | 0.326900 | 0.380400 |
| Camarilla | 0.219140 | 0.227793 | 0.236447 | 0.245100 | 0.253753 | 0.262407 | 0.271060 |
| Woodie | 0.103500 | 0.141250 | 0.197900 | 0.235650 | 0.292300 | 0.330050 | 0.386700 |
| Fibonacci | 0.138100 | 0.174161 | 0.196439 | 0.232500 | 0.268561 | 0.290839 | 0.326900 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.097867 | 0.131033 | 0.175967 | 0.209133 | 0.254067 | 0.287233 | 0.332167 |
| Camarilla | 0.199423 | 0.206582 | 0.213741 | 0.220900 | 0.228059 | 0.235218 | 0.242378 |
| Woodie | 0.103750 | 0.133975 | 0.181850 | 0.212075 | 0.259950 | 0.290175 | 0.338050 |
| Fibonacci | 0.131033 | 0.160868 | 0.179299 | 0.209133 | 0.238968 | 0.257399 | 0.287233 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 30.80 | |
| MACD (12,26,9): | -0.0083 | |
| Directional Movement: | -22.546841 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.214376 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.233535 | |
| Elder Ray (13): | -0.010203 | |
| Super Trend (3,10): | 0.227192 | |
| Zig ZAG (10): | 0.210300 | |
| VORTEX (21): | 0.7265 | |
| Stochastique (14,3,5): | 13.35 | |
| TEMA (21): | 0.210215 | |
| Williams %R (14): | -88.99 | |
| Chande Momentum Oscillator (20): | -0.014500 | |
| Repulse (5,40,3): | -2.3582 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4237 | |
| Courbe Coppock: | 12.91 |
| MA7: | 0.229529 | |
| MA20: | 0.230760 | |
| MA50: | 0.210914 | |
| MA100: | 0.214429 | |
| MAexp7: | 0.214828 | |
| MAexp20: | 0.224745 | |
| MAexp50: | 0.234195 | |
| MAexp100: | 0.234534 | |
| Price / MA7: | -11.91% | |
| Price / MA20: | -12.38% | |
| Price / MA50: | -4.13% | |
| Price / MA100: | -5.70% | |
| Price / MAexp7: | -5.88% | |
| Price / MAexp20: | -10.03% | |
| Price / MAexp50: | -13.66% | |
| Price / MAexp100: | -13.79% |
Quotes :
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Real time data
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Cryptocompare
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