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CONFLUX - CFX/USDT
CONFLUX - CFX/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: CFXUSDT
ISIN:

CONFLUX - CFX/USDT - 15 min. - Technical analysis published on 03/18/2023 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.409713 USDT
My targets
0.435333 USDT (+3.11%)
0.475067 USDT (+12.52%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CONFLUX NETWORK - CFX/USDT as long as the price remains well above 0.409713 USDT. The buyers' bullish objective is set at 0.435333 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.475067 USDT. If there is any crossing, the next objective would be the resistance located at 0.551333 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8

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.

Consciousconnection
This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The CONFLUX NETWORK - CFX/USDT price is 0.422200 USDT. The price registered an increase of +6.70% on the session and was traded between 0.378600 USDT and 0.427600 USDT over the period. The price is currently at +11.52% from its lowest and -1.26% from its highest.

0.378600
0.427600
0.422200

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 15 min. chart of CONFLUX NETWORK - CFX/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong 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.

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 0.276238 0.329100 0.365700 0.422200
Change (%) -34.57% -22.05% -13.38% -
Change -0.145962 -0.093100 -0.056500 -
Level Major Intermediate 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
Standard0.2033330.2430670.3193330.3590670.4353330.4750670.551333
Camarilla0.3637000.3743330.3849670.3956000.4062330.4168670.427500
Woodie0.2216000.2522000.3376000.3682000.4536000.4842000.569600
Fibonacci0.2430670.2873790.3147550.3590670.4033790.4307550.475067


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0231330.0779670.1125330.1673670.2019330.2567670.291333
Camarilla0.1225150.1307100.1389050.1471000.1552950.1634900.171685
Woodie0.0130000.0729000.1024000.1623000.1918000.2517000.281200
Fibonacci0.0779670.1121180.1332160.1673670.2015180.2226160.256767


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.224567-0.0879530.0925730.2291870.4097130.5463270.726853
Camarilla0.1858870.2149580.2440290.2731000.3021710.3312420.360314
Woodie-0.202610-0.0769750.1145300.2401650.4316700.5573050.748810
Fibonacci-0.0879530.0331940.1080390.2291870.3503340.4251790.546327

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): 70.17
MACD (12,26,9): 0.0123
Directional Movement: 21.383788
AROON (14): 64.285714
DEMA (21): 0.420063
Parabolic SAR (0,02-0,02-0,2): 0.391652
Elder Ray (13): 0.009427
Super Trend (3,10): 0.392076
Zig ZAG (10): 0.417400
VORTEX (21): 1.1526
Stochastique (14,3,5): 82.83
TEMA (21): 0.418248
Williams %R (14): -22.68
Chande Momentum Oscillator (20): 0.019900
Repulse (5,40,3): 0.3523
ROCnROLL: 1
TRIX (15,9): 0.4881
Courbe Coppock: 7.90
MA7: 0.303686
MA20: 0.242485
MA50: 0.145755
MA100: 0.085328
MAexp7: 0.414610
MAexp20: 0.403201
MAexp50: 0.377309
MAexp100: 0.350724
Price / MA7: +39.03%
Price / MA20: +74.11%
Price / MA50: +189.66%
Price / MA100: +394.80%
Price / MAexp7: +1.85%
Price / MAexp20: +4.74%
Price / MAexp50: +11.92%
Price / MAexp100: +20.41%

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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Londinia AI

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