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

CONFLUX - CFX/USDT - 15 min. - Technical analysis published on 03/19/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
39%
6%
56%
My opinion
Bullish above 0.409713 USDT
My targets
0.489300 USDT (+6.05%)
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 0.489300 USDT. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1

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 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 0.461400 USDT. The price registered an increase of +22.58% on the session with the lowest point at 0.373200 USDT and the highest point at 0.485600 USDT. The deviation from the price is +23.63% for the low point and -4.98% for the high point.

0.373200
0.485600
0.461400

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

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



Abnormal volumes on CONFLUX NETWORK - CFX/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of CONFLUX NETWORK - CFX/USDT in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes



In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : 15 minutes


Three white soldiers

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 0.276238 0.329100 0.365700 0.461400
Change (%) -40.13% -28.67% -20.74% -
Change -0.185162 -0.132300 -0.095700 -
Level Major Intermediate Intermediate -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2787000.3214000.3489000.3916000.4191000.4618000.489300
Camarilla0.3570950.3635300.3699650.3764000.3828350.3892700.395705
Woodie0.2711000.3176000.3413000.3878000.4115000.4580000.481700
Fibonacci0.3214000.3482160.3647840.3916000.4184160.4349840.461800


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0933000.0238000.2001000.3172000.4935000.6106000.786900
Camarilla0.2957150.3226100.3495050.3764000.4032950.4301900.457085
Woodie-0.0637000.0386000.2297000.3320000.5231000.6254000.816500
Fibonacci0.0238000.1358790.2051210.3172000.4292790.4985210.610600


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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 59.15
MACD (12,26,9): 0.0143
Directional Movement: 12.206290
AROON (14): 42.857143
DEMA (21): 0.462331
Parabolic SAR (0,02-0,02-0,2): 0.480645
Elder Ray (13): 0.003449
Super Trend (3,10): 0.483074
Zig ZAG (10): 0.457700
VORTEX (21): 1.1840
Stochastique (14,3,5): 51.48
TEMA (21): 0.467707
Williams %R (14): -38.04
Chande Momentum Oscillator (20): 0.022100
Repulse (5,40,3): 2.3112
ROCnROLL: 1
TRIX (15,9): 0.6039
Courbe Coppock: 18.64
MA7: 0.336957
MA20: 0.246405
MA50: 0.153389
MA100: 0.089130
MAexp7: 0.455444
MAexp20: 0.441948
MAexp50: 0.420986
MAexp100: 0.407354
Price / MA7: +36.93%
Price / MA20: +87.25%
Price / MA50: +200.80%
Price / MA100: +417.67%
Price / MAexp7: +1.31%
Price / MAexp20: +4.40%
Price / MAexp50: +9.60%
Price / MAexp100: +13.27%

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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