CHILIZ - CHZ/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	CHZUSD
ISIN:

CHILIZ - CHZ/USD - Daily - Technical analysis published on 12/03/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

17%

50%

33%

My opinion

Bearish under 0.447500 USD

My targets

0.388600 USD (-6.04%)

0.338480 USD (-18.16%)

My analysis

The strong short-term decline in CHILIZ - CHZ/USD calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.447500 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.388600 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.338480 USD as an objective. Crossing it would then enable sellers to target 0.244300 USD. Be careful, a return to above 0.447500 USD could jeopardize the reversal.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

1.4

Comment on the analysis

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CHILIZ - CHZ/USD price is 0.413600 USD. The price is lower by -2.15% since the last closing and was traded between 0.412100 USD and 0.428500 USD over the period. The price is currently at +0.36% from its lowest and -3.48% from its highest.

0.412100

0.428500

0.413600

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CHILIZ - CHZ/USD:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of CHILIZ - CHZ/USD indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD indicator is back under 0

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.244300	0.338480	0.388600	0.413600	0.447500	0.524600	0.562700
Change (%)	-40.93%	-18.16%	-6.04%	-	+8.20%	+26.84%	+36.05%
Change	-0.169300	-0.075120	-0.025000	-	+0.033900	+0.111000	+0.149100
Level	Major	Intermediate	Minor	-	Intermediate	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.388233	0.400367	0.411533	0.423667	0.434833	0.446967	0.458133
Camarilla	0.416293	0.418428	0.420564	0.422700	0.424836	0.426972	0.429108
Woodie	0.387750	0.400125	0.411050	0.423425	0.434350	0.446725	0.457650
Fibonacci	0.400367	0.409267	0.414766	0.423667	0.432567	0.438066	0.446967

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.288967	0.354633	0.400967	0.466633	0.512967	0.578633	0.624967
Camarilla	0.416500	0.426767	0.437033	0.447300	0.457567	0.467833	0.478100
Woodie	0.279300	0.349800	0.391300	0.461800	0.503300	0.573800	0.615300
Fibonacci	0.354633	0.397417	0.423849	0.466633	0.509417	0.535849	0.578633

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.174000	0.289700	0.363800	0.479500	0.553600	0.669300	0.743400
Camarilla	0.385705	0.403103	0.420502	0.437900	0.455298	0.472697	0.490095
Woodie	0.153200	0.279300	0.343000	0.469100	0.532800	0.658900	0.722600
Fibonacci	0.289700	0.362204	0.406996	0.479500	0.552004	0.596796	0.669300

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):	43.89
MACD (12,26,9):	-0.0046
Directional Movement:	3.579506
AROON (14):	-21.428570
DEMA (21):	0.450704
Parabolic SAR (0,02-0,02-0,2):	0.656200
Elder Ray (13):	-0.025705
Super Trend (3,10):	0.355026
Zig ZAG (10):	0.414900
VORTEX (21):	0.9130
Stochastique (14,3,5):	15.52
TEMA (21):	0.427548
Williams %R (14):	-91.17
Chande Momentum Oscillator (20):	-0.026500
Repulse (5,40,3):	-5.8320
ROCnROLL:	2
TRIX (15,9):	0.1475
Courbe Coppock:	16.40

MA7:	0.437829
MA20:	0.462595
MA50:	0.428008
MA100:	0.376951
MAexp7:	0.435615
MAexp20:	0.450709
MAexp50:	0.429417
MAexp100:	0.395188
Price / MA7:	-5.53%
Price / MA20:	-10.59%
Price / MA50:	-3.37%
Price / MA100:	+9.72%
Price / MAexp7:	-5.05%
Price / MAexp20:	-8.23%
Price / MAexp50:	-3.68%
Price / MAexp100:	+4.66%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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