CAPRICOIN - CPC/USD - Daily - Technical analysis published on 06/21/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
CAPRICOIN - CPC/USD Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.233062 USD
My targets
0.182500 USD (-9.56%)
My analysis
CapriCoin - CPC/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.233062 USD. The next support located at 0.182500 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
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 Vincent Launay.
Additional analysis
Quotes
The CapriCoin - CPC/USD price is 0.201800 USD. The price has increased by +1.61% since the last closing with the lowest point at 0.194100 USD and the highest point at 0.227700 USD. The deviation from the price is +3.97% for the low point and -11.37% for the high point.0.194100
0.227700
0.201800
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CapriCoin - CPC/USD:
Technical
A technical analysis in Daily of this CapriCoin - CPC/USD chart shows a sharp 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 is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.182500 | 0.201800 | 0.233062 | 0.311280 | 0.476070 |
| Change (%) | -9.56% | - | +15.49% | +54.25% | +135.91% |
| Change | -0.019300 | - | +0.031262 | +0.109480 | +0.274270 |
| Level | Major | - | Minor | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.155000 | 0.176800 | 0.187700 | 0.209500 | 0.220400 | 0.242200 | 0.253100 |
| Camarilla | 0.189608 | 0.192605 | 0.195603 | 0.198600 | 0.201597 | 0.204595 | 0.207593 |
| Woodie | 0.149550 | 0.174075 | 0.182250 | 0.206775 | 0.214950 | 0.239475 | 0.247650 |
| Fibonacci | 0.176800 | 0.189291 | 0.197009 | 0.209500 | 0.221991 | 0.229709 | 0.242200 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.146933 | 0.166967 | 0.182333 | 0.202367 | 0.217733 | 0.237767 | 0.253133 |
| Camarilla | 0.187965 | 0.191210 | 0.194455 | 0.197700 | 0.200945 | 0.204190 | 0.207435 |
| Woodie | 0.144600 | 0.165800 | 0.180000 | 0.201200 | 0.215400 | 0.236600 | 0.250800 |
| Fibonacci | 0.166967 | 0.180489 | 0.188844 | 0.202367 | 0.215889 | 0.224244 | 0.237767 |
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): | 43.10 | |
| MACD (12,26,9): | -0.0142 | |
| Directional Movement: | -1.652605 | |
| AROON (14): | 7.142861 | |
| DEMA (21): | 0.192343 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.179828 | |
| Elder Ray (13): | 0.006965 | |
| Super Trend (3,10): | 0.172115 | |
| Zig ZAG (10): | 0.201800 | |
| VORTEX (21): | 0.8454 | |
| Stochastique (14,3,5): | 40.93 | |
| TEMA (21): | 0.188234 | |
| Williams %R (14): | -62.21 | |
| Chande Momentum Oscillator (20): | -0.007900 | |
| Repulse (5,40,3): | -13.9903 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.9420 | |
| Courbe Coppock: | 24.08 |
| MA7: | 0.197157 | |
| MA20: | 0.208135 | |
| MA50: | 0.234078 | |
| MA100: | 0.303617 | |
| MAexp7: | 0.199004 | |
| MAexp20: | 0.211357 | |
| MAexp50: | 0.235623 | |
| MAexp100: | 0.266902 | |
| Price / MA7: | +2.35% | |
| Price / MA20: | -3.04% | |
| Price / MA50: | -13.79% | |
| Price / MA100: | -33.53% | |
| Price / MAexp7: | +1.40% | |
| Price / MAexp20: | -4.52% | |
| Price / MAexp50: | -14.35% | |
| Price / MAexp100: | -24.39% |
This member declared not having a position on this financial instrument or a related financial instrument.
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