CURVE DAO TOKEN - CRV/USD - Daily - Technical analysis published on 12/25/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.600000 USD
My targets
0.500000 USD (-5.66%)
0.370000 USD (-30.19%)
My analysis
The bearish trend is currently very strong for CURVE DAO TOKEN - CRV/USD. As long as the price remains below the resistance at 0.600000 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.500000 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.370000 USD as an objective. Crossing it would then enable sellers to target 0.367333 USD. 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.
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
0
10
7.3
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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 CURVE DAO TOKEN - CRV/USD price is 0.530000 USD. On the day, this instrument gained +1.92% with the lowest point at 0.520000 USD and the highest point at 0.530000 USD. The deviation from the price is +1.92% for the low point and 0% for the high point.0.520000
0.530000
0.530000
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 CURVE DAO TOKEN - CRV/USD in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.367333 | 0.500000 | 0.530000 | 0.683333 | 1.020000 | 1.291000 |
| Change (%) | -30.69% | -5.66% | - | +28.93% | +92.45% | +143.58% |
| Change | -0.162667 | -0.030000 | - | +0.153333 | +0.490000 | +0.761000 |
| Level | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.506667 | 0.513333 | 0.516667 | 0.523333 | 0.526667 | 0.533333 | 0.536667 |
| Camarilla | 0.517250 | 0.518167 | 0.519083 | 0.520000 | 0.520917 | 0.521833 | 0.522750 |
| Woodie | 0.505000 | 0.512500 | 0.515000 | 0.522500 | 0.525000 | 0.532500 | 0.535000 |
| Fibonacci | 0.513333 | 0.517153 | 0.519513 | 0.523333 | 0.527153 | 0.529513 | 0.533333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.420000 | 0.460000 | 0.490000 | 0.530000 | 0.560000 | 0.600000 | 0.630000 |
| Camarilla | 0.500750 | 0.507167 | 0.513583 | 0.520000 | 0.526417 | 0.532833 | 0.539250 |
| Woodie | 0.415000 | 0.457500 | 0.485000 | 0.527500 | 0.555000 | 0.597500 | 0.625000 |
| Fibonacci | 0.460000 | 0.486740 | 0.503260 | 0.530000 | 0.556740 | 0.573260 | 0.600000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.260000 | 0.070000 | 0.370000 | 0.700000 | 1.000000 | 1.330000 | 1.630000 |
| Camarilla | 0.496750 | 0.554500 | 0.612250 | 0.670000 | 0.727750 | 0.785500 | 0.843250 |
| Woodie | -0.275000 | 0.062500 | 0.355000 | 0.692500 | 0.985000 | 1.322500 | 1.615000 |
| Fibonacci | 0.070000 | 0.310660 | 0.459340 | 0.700000 | 0.940660 | 1.089340 | 1.330000 |
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): | 34.97 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -15.414772 | |
| AROON (14): | -64.285715 | |
| DEMA (21): | 0.522753 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.695998 | |
| Elder Ray (13): | -0.032493 | |
| Super Trend (3,10): | 0.616216 | |
| Zig ZAG (10): | 0.520000 | |
| VORTEX (21): | 0.8286 | |
| Stochastique (14,3,5): | 13.73 | |
| TEMA (21): | 0.513479 | |
| Williams %R (14): | -88.24 | |
| Chande Momentum Oscillator (20): | -0.130000 | |
| Repulse (5,40,3): | -2.7634 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7427 | |
| Courbe Coppock: | 37.73 |
| MA7: | 0.522857 | |
| MA20: | 0.596500 | |
| MA50: | 0.638000 | |
| MA100: | 0.769600 | |
| MAexp7: | 0.531263 | |
| MAexp20: | 0.573469 | |
| MAexp50: | 0.647816 | |
| MAexp100: | 0.767247 | |
| Price / MA7: | +1.37% | |
| Price / MA20: | -11.15% | |
| Price / MA50: | -16.93% | |
| Price / MA100: | -31.13% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -7.58% | |
| Price / MAexp50: | -18.19% | |
| Price / MAexp100: | -30.92% |
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.
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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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