TEZOS - XTZ/USDT - 15 min. - Technical analysis published on 08/05/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
50%
0%
50%
My opinion
Bullish above 3.08 USDT
My targets
3.27 USDT (+2.09%)
3.30 USDT (+3.13%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 3.08 USDT remains possible. It is advisable to trade TEZOS - XTZ/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 3.08 USDT. The next bullish objective for buyers is set at 3.27 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.30 USDT. If there is any crossing, the next objective would be the resistance located at 3.60 USDT. PS: if there is a bearish break in the support located at 3.08 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
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
0
10
4.6
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This analysis was given by jrdazriel. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TEZOS - XTZ/USDT rating is 3.20 USDT. On the day, this instrument lost -0.93% with the lowest point at 3.19 USDT and the highest point at 3.20 USDT. The deviation from the price is +0.31% for the low point and 0% for the high point.3.19
3.20
3.20
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
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:
Technical
A technical analysis in 15 min. of this TEZOS - XTZ/USDT chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.94 | 3.03 | 3.13 | 3.20 | 3.30 | 3.60 | 5.26 |
| Change (%) | -8.13% | -5.31% | -2.19% | - | +3.13% | +12.50% | +64.38% |
| Change | -0.26 | -0.17 | -0.07 | - | +0.10 | +0.40 | +2.06 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.70 | 2.77 | 2.89 | 2.96 | 3.08 | 3.15 | 3.27 |
| Camarilla | 2.95 | 2.97 | 2.99 | 3.00 | 3.02 | 3.04 | 3.06 |
| Woodie | 2.72 | 2.78 | 2.91 | 2.97 | 3.10 | 3.16 | 3.29 |
| Fibonacci | 2.77 | 2.84 | 2.89 | 2.96 | 3.03 | 3.08 | 3.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.32 | 2.49 | 2.76 | 2.94 | 3.21 | 3.38 | 3.65 |
| Camarilla | 2.91 | 2.95 | 2.99 | 3.04 | 3.08 | 3.12 | 3.16 |
| Woodie | 2.37 | 2.52 | 2.81 | 2.96 | 3.26 | 3.40 | 3.70 |
| Fibonacci | 2.49 | 2.66 | 2.77 | 2.94 | 3.11 | 3.21 | 3.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.27 | 1.75 | 2.29 | 2.77 | 3.31 | 3.79 | 4.33 |
| Camarilla | 2.56 | 2.65 | 2.75 | 2.84 | 2.93 | 3.03 | 3.12 |
| Woodie | 1.31 | 1.76 | 2.33 | 2.78 | 3.35 | 3.81 | 4.37 |
| Fibonacci | 1.75 | 2.14 | 2.38 | 2.77 | 3.16 | 3.40 | 3.79 |
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): | 54.09 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 7.14 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 3.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.19 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 3.27 | |
| Zig ZAG (10): | 3.23 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 83.38 | |
| TEMA (21): | 3.23 | |
| Williams %R (14): | -23.08 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 3.17 |
| MA7: | 2.94 | |
| MA20: | 2.98 | |
| MA50: | 2.73 | |
| MA100: | 2.74 | |
| MAexp7: | 3.23 | |
| MAexp20: | 3.22 | |
| MAexp50: | 3.18 | |
| MAexp100: | 3.12 | |
| Price / MA7: | +8.84% | |
| Price / MA20: | +7.38% | |
| Price / MA50: | +17.22% | |
| Price / MA100: | +16.79% | |
| Price / MAexp7: | -0.93% | |
| Price / MAexp20: | -0.62% | |
| Price / MAexp50: | +0.63% | |
| Price / MAexp100: | +2.56% |
Quotes :
2020-08-05 00:55:34
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Real time data
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Cryptocompare
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