KLAYTN - KLAY/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	KLAYUSDT
ISIN:

KLAYTN - KLAY/USDT - Daily - Technical analysis published on 09/21/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 0.122467 USDT

My targets

0.103467 USDT (-4.73%)

0.091367 USDT (-15.87%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on KLAYTN - KLAY/USDT as long as the price remains well below 0.122467 USDT. The sellers' bearish objective is set at 0.103467 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.091367 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

7.9

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

Additional analysis

Quotes

KLAYTN - KLAY/USDT rating 0.108600 USDT. The price registered a decrease of -3.98% on the session with the lowest point at 0.108500 USDT and the highest point at 0.113900 USDT. The deviation from the price is +0.09% for the low point and -4.65% for the high point.

0.108500

0.113900

0.108600

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by KLAYTN - KLAY/USDT:

The Central Records scanner for higher/lower results shows the following items:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of KLAYTN - KLAY/USDT indicates that the overall trend is strongly bearish. 92.86% 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 market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.108600	0.148656	0.178600	0.216400
Change (%)	-	+36.88%	+64.46%	+99.26%
Change	-	+0.040056	+0.070000	+0.107800
Level	-	Minor	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.105600	0.108700	0.110900	0.114000	0.116200	0.119300	0.121500
Camarilla	0.111643	0.112128	0.112614	0.113100	0.113586	0.114072	0.114558
Woodie	0.105150	0.108475	0.110450	0.113775	0.115750	0.119075	0.121050
Fibonacci	0.108700	0.110725	0.111975	0.114000	0.116025	0.117275	0.119300

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.092733	0.103467	0.112033	0.122767	0.131333	0.142067	0.150633
Camarilla	0.115293	0.117062	0.118831	0.120600	0.122369	0.124138	0.125908
Woodie	0.091650	0.102925	0.110950	0.122225	0.130250	0.141525	0.149550
Fibonacci	0.103467	0.110839	0.115394	0.122767	0.130139	0.134694	0.142067

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.091367	0.109933	0.122467	0.141033	0.153567	0.172133	0.184667
Camarilla	0.126448	0.129298	0.132149	0.135000	0.137851	0.140702	0.143553
Woodie	0.088350	0.108425	0.119450	0.139525	0.150550	0.170625	0.181650
Fibonacci	0.109933	0.121814	0.129153	0.141033	0.152914	0.160253	0.172133

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):	19.27
MACD (12,26,9):	-0.0074
Directional Movement:	-32.963619
AROON (14):	-92.857143
DEMA (21):	0.113713
Parabolic SAR (0,02-0,02-0,2):	0.119892
Elder Ray (13):	-0.008197
Super Trend (3,10):	0.124422
Zig ZAG (10):	0.108700
VORTEX (21):	0.7077
Stochastique (14,3,5):	6.01
TEMA (21):	0.111835
Williams %R (14):	-99.63
Chande Momentum Oscillator (20):	-0.024800
Repulse (5,40,3):	-9.3242
ROCnROLL:	2
TRIX (15,9):	-0.6903
Courbe Coppock:	26.69

MA7:	0.115714
MA20:	0.124645
MA50:	0.137810
MA100:	0.151781
MAexp7:	0.115328
MAexp20:	0.123290
MAexp50:	0.135704
MAexp100:	0.150310
Price / MA7:	-6.15%
Price / MA20:	-12.87%
Price / MA50:	-21.20%
Price / MA100:	-28.45%
Price / MAexp7:	-5.83%
Price / MAexp20:	-11.91%
Price / MAexp50:	-19.97%
Price / MAexp100:	-27.75%

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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