CELO - CELO/USDT - 1H - Technical analysis published on 04/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 3.18 USDT
My targets
3.44 USDT (+4.88%)
3.61 USDT (+10.06%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade CELO - CELO/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 3.18 USDT. The buyers' bullish objective is set at 3.44 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.61 USDT. If there is any crossing, the next objective would be the resistance located at 4.01 USDT. If there is a bearish break in the support located at 3.18 USDT some indecision would arise.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.1
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CELO - CELO/USDT price is 3.28 USDT. The price registered an increase of +0.31% on the session and was traded between 3.25 USDT and 3.38 USDT over the period. The price is currently at +0.92% from its lowest and -2.96% from its highest.3.25
3.38
3.28
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 CELO - CELO/USDT:
Technical
Technical analysis of CELO - CELO/USDT in 1H shows an overall slightly bullish trend. Only 46.43% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 10 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.40 | 3.04 | 3.28 | 3.28 | 3.44 | 3.61 | 4.01 |
| Change (%) | -26.83% | -7.32% | 0% | - | +4.88% | +10.06% | +22.26% |
| Change | -0.88 | -0.24 | 0 | - | +0.16 | +0.33 | +0.73 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | 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 | 2.96 | 3.02 | 3.15 | 3.21 | 3.34 | 3.40 | 3.53 |
| Camarilla | 3.22 | 3.24 | 3.25 | 3.27 | 3.29 | 3.31 | 3.32 |
| Woodie | 2.99 | 3.04 | 3.18 | 3.23 | 3.37 | 3.42 | 3.56 |
| Fibonacci | 3.02 | 3.10 | 3.14 | 3.21 | 3.29 | 3.33 | 3.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.03 | 2.21 | 2.86 | 4.04 | 4.69 | 5.87 | 6.52 |
| Camarilla | 3.02 | 3.19 | 3.35 | 3.52 | 3.69 | 3.86 | 4.02 |
| Woodie | 0.78 | 2.08 | 2.61 | 3.91 | 4.44 | 5.74 | 6.27 |
| Fibonacci | 2.21 | 2.91 | 3.34 | 4.04 | 4.74 | 5.17 | 5.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.03 | 1.70 | 2.51 | 3.18 | 3.99 | 4.66 | 5.47 |
| Camarilla | 2.91 | 3.05 | 3.18 | 3.32 | 3.46 | 3.59 | 3.73 |
| Woodie | 1.10 | 1.74 | 2.58 | 3.22 | 4.06 | 4.70 | 5.54 |
| Fibonacci | 1.70 | 2.27 | 2.62 | 3.18 | 3.75 | 4.10 | 4.66 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.59 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 5.37 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 3.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.37 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 3.20 | |
| Zig ZAG (10): | 3.27 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 32.31 | |
| TEMA (21): | 3.31 | |
| Williams %R (14): | -80.80 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | -0.7900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 2.76 |
| MA7: | 3.33 | |
| MA20: | 3.53 | |
| MA50: | 3.04 | |
| MA100: | 3.31 | |
| MAexp7: | 3.29 | |
| MAexp20: | 3.27 | |
| MAexp50: | 3.26 | |
| MAexp100: | 3.32 | |
| Price / MA7: | -1.50% | |
| Price / MA20: | -7.08% | |
| Price / MA50: | +7.89% | |
| Price / MA100: | -0.91% | |
| Price / MAexp7: | -0.30% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | +0.61% | |
| Price / MAexp100: | -1.20% |
Quotes :
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Real time data
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