CHILIZ - CHZ/USDT - 1H - Technical analysis published on 12/21/2022 (GMT)
- 99
- 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 : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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 0.115400 USDT
My targets
0.104900 USDT (-4.46%)
0.089667 USDT (-18.34%)
My analysis
The bearish trend is currently very strong for CHILIZ - CHZ/USDT. As long as the price remains below the resistance at 0.115400 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.104900 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.089667 USDT as an objective. Crossing it would then enable sellers to target 0.087010 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
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 EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHILIZ - CHZ/USDT rating 0.109800 USDT. On the day, this instrument lost -2.75% and was between 0.108700 USDT and 0.113200 USDT. This implies that the price is at +1.01% from its lowest and at -3.00% from its highest.0.108700
0.113200
0.109800
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHILIZ - CHZ/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.087010 | 0.104900 | 0.109700 | 0.109800 | 0.115400 | 0.132246 | 0.141783 |
| Change (%) | -20.76% | -4.46% | -0.09% | - | +5.10% | +20.44% | +29.13% |
| Change | -0.022790 | -0.004900 | -0.000100 | - | +0.005600 | +0.022446 | +0.031983 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.099333 | 0.102967 | 0.107933 | 0.111567 | 0.116533 | 0.120167 | 0.125133 |
| Camarilla | 0.110535 | 0.111323 | 0.112112 | 0.112900 | 0.113688 | 0.114477 | 0.115265 |
| Woodie | 0.100000 | 0.103300 | 0.108600 | 0.111900 | 0.117200 | 0.120500 | 0.125800 |
| Fibonacci | 0.102967 | 0.106252 | 0.108282 | 0.111567 | 0.114852 | 0.116882 | 0.120167 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.066533 | 0.089667 | 0.104833 | 0.127967 | 0.143133 | 0.166267 | 0.181433 |
| Camarilla | 0.109468 | 0.112978 | 0.116489 | 0.120000 | 0.123511 | 0.127022 | 0.130533 |
| Woodie | 0.062550 | 0.087675 | 0.100850 | 0.125975 | 0.139150 | 0.164275 | 0.177450 |
| Fibonacci | 0.089667 | 0.104297 | 0.113336 | 0.127967 | 0.142597 | 0.151636 | 0.166267 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.039700 | 0.053700 | 0.109700 | 0.203100 | 0.259100 | 0.352500 | 0.408500 |
| Camarilla | 0.124615 | 0.138310 | 0.152005 | 0.165700 | 0.179395 | 0.193090 | 0.206785 |
| Woodie | -0.058400 | 0.044350 | 0.091000 | 0.193750 | 0.240400 | 0.343150 | 0.389800 |
| Fibonacci | 0.053700 | 0.110771 | 0.146029 | 0.203100 | 0.260171 | 0.295429 | 0.352500 |
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): | 41.59 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -10.496846 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.110452 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.111290 | |
| Elder Ray (13): | -0.000831 | |
| Super Trend (3,10): | 0.109623 | |
| Zig ZAG (10): | 0.109900 | |
| VORTEX (21): | 0.8869 | |
| Stochastique (14,3,5): | 29.92 | |
| TEMA (21): | 0.110400 | |
| Williams %R (14): | -75.56 | |
| Chande Momentum Oscillator (20): | -0.001300 | |
| Repulse (5,40,3): | -0.0270 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0273 | |
| Courbe Coppock: | 3.25 |
| MA7: | 0.118686 | |
| MA20: | 0.141015 | |
| MA50: | 0.181960 | |
| MA100: | 0.197449 | |
| MAexp7: | 0.110413 | |
| MAexp20: | 0.110953 | |
| MAexp50: | 0.112156 | |
| MAexp100: | 0.115870 | |
| Price / MA7: | -7.49% | |
| Price / MA20: | -22.14% | |
| Price / MA50: | -39.66% | |
| Price / MA100: | -44.39% | |
| Price / MAexp7: | -0.56% | |
| Price / MAexp20: | -1.04% | |
| Price / MAexp50: | -2.10% | |
| Price / MAexp100: | -5.24% |
Quotes :
-
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 CHILIZ - CHZ/USDT - 1H