CHILIZ - CHZ/USD - 1H - Technical analysis published on 10/01/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.244344 USD
My targets
0.250500 USD (+1.25%)
0.256880 USD (+3.83%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CHILIZ - CHZ/USD as long as the price remains well above 0.244344 USD. The buyers' bullish objective is set at 0.250500 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.256880 USD. If there is any crossing, the next objective would be the resistance located at 0.270500 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.250500 USD. On this resistance, against the trend traders who would like to go short on CHILIZ - CHZ/USD with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHILIZ - CHZ/USD price is 0.247400 USD. The price has increased by +5.14% since the last closing and was traded between 0.234800 USD and 0.247900 USD over the period. The price is currently at +5.37% from its lowest and -0.20% from its highest.0.234800
0.247900
0.247400
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this CHILIZ - CHZ/USD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.184660 | 0.228644 | 0.244344 | 0.247400 | 0.250500 | 0.256880 | 0.270500 |
| Change (%) | -25.36% | -7.58% | -1.24% | - | +1.25% | +3.83% | +9.34% |
| Change | -0.062740 | -0.018756 | -0.003056 | - | +0.003100 | +0.009480 | +0.023100 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.221000 | 0.226900 | 0.231100 | 0.237000 | 0.241200 | 0.247100 | 0.251300 |
| Camarilla | 0.232523 | 0.233448 | 0.234374 | 0.235300 | 0.236226 | 0.237152 | 0.238078 |
| Woodie | 0.220150 | 0.226475 | 0.230250 | 0.236575 | 0.240350 | 0.246675 | 0.250450 |
| Fibonacci | 0.226900 | 0.230758 | 0.233142 | 0.237000 | 0.240858 | 0.243242 | 0.247100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.168333 | 0.194567 | 0.229933 | 0.256167 | 0.291533 | 0.317767 | 0.353133 |
| Camarilla | 0.248360 | 0.254007 | 0.259653 | 0.265300 | 0.270947 | 0.276593 | 0.282240 |
| Woodie | 0.172900 | 0.196850 | 0.234500 | 0.258450 | 0.296100 | 0.320050 | 0.357700 |
| Fibonacci | 0.194567 | 0.218098 | 0.232636 | 0.256167 | 0.279698 | 0.294236 | 0.317767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.079333 | 0.129367 | 0.182333 | 0.232367 | 0.285333 | 0.335367 | 0.388333 |
| Camarilla | 0.206975 | 0.216417 | 0.225858 | 0.235300 | 0.244742 | 0.254183 | 0.263625 |
| Woodie | 0.080800 | 0.130100 | 0.183800 | 0.233100 | 0.286800 | 0.336100 | 0.389800 |
| Fibonacci | 0.129367 | 0.168713 | 0.193021 | 0.232367 | 0.271713 | 0.296021 | 0.335367 |
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): | 52.71 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 11.612672 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.236211 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.232964 | |
| Elder Ray (13): | 0.001569 | |
| Super Trend (3,10): | 0.241531 | |
| Zig ZAG (10): | 0.237600 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 46.53 | |
| TEMA (21): | 0.236365 | |
| Williams %R (14): | -45.54 | |
| Chande Momentum Oscillator (20): | 0.000900 | |
| Repulse (5,40,3): | 1.3186 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0233 | |
| Courbe Coppock: | 1.78 |
| MA7: | 0.245314 | |
| MA20: | 0.234450 | |
| MA50: | 0.217902 | |
| MA100: | 0.167073 | |
| MAexp7: | 0.236608 | |
| MAexp20: | 0.236716 | |
| MAexp50: | 0.238061 | |
| MAexp100: | 0.241511 | |
| Price / MA7: | +0.85% | |
| Price / MA20: | +5.52% | |
| Price / MA50: | +13.54% | |
| Price / MA100: | +48.08% | |
| Price / MAexp7: | +4.56% | |
| Price / MAexp20: | +4.51% | |
| Price / MAexp50: | +3.92% | |
| Price / MAexp100: | +2.44% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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