ECASH - XEC/USD

- USD (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	XECUSD
ISIN:

ECASH - XEC/USD - Daily - Technical analysis published on 08/12/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

72%

22%

My opinion

Bullish above 0.000045 USD

My targets

0.000055 USD (+16.38%)

0.000062 USD (+32.55%)

My analysis

The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade ECASH - XEC/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.000045 USD. The buyers' bullish objective is set at 0.000055 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.000062 USD. If there is any crossing, the next objective would be the resistance located at 0.000068 USD. If there is a bearish break in the support located at 0.000045 USD some indecision would arise.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.8

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 Londinia.

Additional analysis

Quotes

The ECASH - XEC/USD price is 0.000047 USD. The price registered an increase of +2.17% on the session and was between 0.000046 USD and 0.000048 USD. This implies that the price is at +2.17% from its lowest and at -2.08% from its highest.

0.000046

0.000048

0.000047

Here is a more detailed summary of the historical variations registered by ECASH - XEC/USD:

Technical

Technical analysis of ECASH - XEC/USD in Daily shows an overall slightly bullish trend. 46.43% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

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

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.000037	0.000045	0.000047	0.000068	0.000088	0.000127
Change (%)	-21.28%	-4.26%	-	+44.68%	+87.23%	+170.21%
Change	-0.000010	-0.000002	-	+0.000021	+0.000041	+0.000080
Level	Intermediate	Minor	-	Intermediate	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	0.000039	0.000041	0.000044	0.000046	0.000049	0.000051	0.000054
Camarilla	0.000045	0.000045	0.000046	0.000046	0.000047	0.000047	0.000047
Woodie	0.000039	0.000041	0.000044	0.000046	0.000049	0.000051	0.000054
Fibonacci	0.000041	0.000043	0.000044	0.000046	0.000048	0.000049	0.000051

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000034	0.000037	0.000041	0.000044	0.000048	0.000051	0.000055
Camarilla	0.000043	0.000044	0.000044	0.000045	0.000046	0.000046	0.000047
Woodie	0.000035	0.000037	0.000042	0.000044	0.000049	0.000051	0.000056
Fibonacci	0.000037	0.000040	0.000041	0.000044	0.000047	0.000048	0.000051

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000023	0.000029	0.000036	0.000042	0.000049	0.000055	0.000062
Camarilla	0.000040	0.000042	0.000043	0.000044	0.000045	0.000046	0.000048
Woodie	0.000025	0.000029	0.000038	0.000042	0.000051	0.000055	0.000064
Fibonacci	0.000029	0.000034	0.000037	0.000042	0.000047	0.000050	0.000055

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):	58.28
MACD (12,26,9):	0.0000
Directional Movement:	3.327457
AROON (14):	64.285714
DEMA (21):	0.000045
Parabolic SAR (0,02-0,02-0,2):	0.000041
Elder Ray (13):	0.000001
Super Trend (3,10):	0.000046
Zig ZAG (10):	0.000046
VORTEX (21):	1.0806
Stochastique (14,3,5):	73.02
TEMA (21):	0.000046
Williams %R (14):	-33.33
Chande Momentum Oscillator (20):	0.000002
Repulse (5,40,3):	-0.0286
ROCnROLL:	1
TRIX (15,9):	0.3694
Courbe Coppock:	12.84

MA7:	0.000045
MA20:	0.000043
MA50:	0.000041
MA100:	0.000044
MAexp7:	0.000046
MAexp20:	0.000044
MAexp50:	0.000044
MAexp100:	0.000049
Price / MA7:	+4.44%
Price / MA20:	+9.30%
Price / MA50:	+14.63%
Price / MA100:	+6.82%
Price / MAexp7:	+2.17%
Price / MAexp20:	+6.82%
Price / MAexp50:	+6.82%
Price / MAexp100:	-4.08%

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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