CELSIUS - CEL/USD - 1H - Technical analysis published on 11/12/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
39%
44%
17%
My opinion
Bearish under 0.718333 USD
My targets
0.577240 USD (-12.25%)
0.520967 USD (-20.80%)
My analysis
In a bearish trend, the price of CELSIUS NETWORK - CEL/USD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.718333 USD. A bearish break in the support located at 0.577240 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.520967 USD. Then 0.297700 USD by extension. It would be safer to wait for a bearish break in the support located at 0.577240 USD before allowing yourself to re trade short positions (for sale) on CELSIUS NETWORK - CEL/USD. PS: if there is a bullish break in the resistance located at 0.718333 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2
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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 CELSIUS NETWORK - CEL/USD price is 0.657800 USD. The price registered an increase of +7.91% on the session and was traded between 0.438500 USD and 0.658200 USD over the period. The price is currently at +50.01% from its lowest and -0.06% from its highest.0.438500
0.658200
0.657800
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CELSIUS NETWORK - CEL/USD in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.297700 | 0.577240 | 0.657800 | 0.783500 | 0.893600 | 0.998178 |
| Change (%) | -54.74% | -12.25% | - | +19.11% | +35.85% | +51.74% |
| Change | -0.360100 | -0.080560 | - | +0.125700 | +0.235800 | +0.340378 |
| Level | Major | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.323233 | 0.450067 | 0.529833 | 0.656667 | 0.736433 | 0.863267 | 0.943033 |
| Camarilla | 0.552785 | 0.571723 | 0.590662 | 0.609600 | 0.628538 | 0.647477 | 0.666415 |
| Woodie | 0.299700 | 0.438300 | 0.506300 | 0.644900 | 0.712900 | 0.851500 | 0.919500 |
| Fibonacci | 0.450067 | 0.528988 | 0.577746 | 0.656667 | 0.735588 | 0.784346 | 0.863267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.718333 | 0.809467 | 0.974733 | 1.065867 | 1.231133 | 1.322267 | 1.487533 |
| Camarilla | 1.069490 | 1.092993 | 1.116497 | 1.140000 | 1.163503 | 1.187007 | 1.210510 |
| Woodie | 0.755400 | 0.828000 | 1.011800 | 1.084400 | 1.268200 | 1.340800 | 1.524600 |
| Fibonacci | 0.809467 | 0.907412 | 0.967922 | 1.065867 | 1.163812 | 1.224322 | 1.322267 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.189333 | 0.520967 | 0.749733 | 1.081367 | 1.310133 | 1.641767 | 1.870533 |
| Camarilla | 0.824390 | 0.875760 | 0.927130 | 0.978500 | 1.029870 | 1.081240 | 1.132610 |
| Woodie | 0.137900 | 0.495250 | 0.698300 | 1.055650 | 1.258700 | 1.616050 | 1.819100 |
| Fibonacci | 0.520967 | 0.735040 | 0.867294 | 1.081367 | 1.295440 | 1.427694 | 1.641767 |
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): | 42.52 | |
| MACD (12,26,9): | -0.0169 | |
| Directional Movement: | -23.696694 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.582193 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.662414 | |
| Elder Ray (13): | -0.016678 | |
| Super Trend (3,10): | 0.631808 | |
| Zig ZAG (10): | 0.577000 | |
| VORTEX (21): | 0.8170 | |
| Stochastique (14,3,5): | 76.45 | |
| TEMA (21): | 0.579058 | |
| Williams %R (14): | -28.72 | |
| Chande Momentum Oscillator (20): | -0.030900 | |
| Repulse (5,40,3): | -1.3333 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3563 | |
| Courbe Coppock: | 7.79 |
| MA7: | 0.755400 | |
| MA20: | 0.886545 | |
| MA50: | 1.056280 | |
| MA100: | 1.418326 | |
| MAexp7: | 0.597320 | |
| MAexp20: | 0.604239 | |
| MAexp50: | 0.638830 | |
| MAexp100: | 0.703756 | |
| Price / MA7: | -12.92% | |
| Price / MA20: | -25.80% | |
| Price / MA50: | -37.72% | |
| Price / MA100: | -53.62% | |
| Price / MAexp7: | +10.13% | |
| Price / MAexp20: | +8.86% | |
| Price / MAexp50: | +2.97% | |
| Price / MAexp100: | -6.53% |
Quotes :
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Real time data
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Cryptocompare
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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