AELF - ELF/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	ELFUSD
ISIN:

AELF - ELF/USD - 1H - Technical analysis published on 12/07/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 0.553099 USD

My targets

0.633767 USD (+3.74%)

0.663069 USD (+8.54%)

My analysis

A bullish trend on AELF - ELF/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.553099 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.633767 USD. Then the price could move towards 0.663069 USD. Then 0.710753 USD by extension. Be careful, a return below 0.553099 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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

4.6

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AELF - ELF/USD rating 0.610922 USD. The price registered a decrease of -0.22% on the session with the lowest point at 0.557639 USD and the highest point at 0.616451 USD. The deviation from the price is +9.56% for the low point and -0.90% for the high point.

0.557639

0.616451

0.610922

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of AELF - ELF/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.458244	0.502919	0.553099	0.610922	0.612353	0.663069	0.710753
Change (%)	-24.99%	-17.68%	-9.46%	-	+0.23%	+8.54%	+16.34%
Change	-0.152678	-0.108003	-0.057823	-	+0.001431	+0.052147	+0.099831
Level	Major	Minor	Major	-	Minor	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.545566	0.577120	0.594695	0.626249	0.643824	0.675378	0.692953
Camarilla	0.598759	0.603262	0.607766	0.612269	0.616773	0.621276	0.625780
Woodie	0.538576	0.573625	0.587705	0.622754	0.636834	0.671883	0.685963
Fibonacci	0.577120	0.595888	0.607482	0.626249	0.645017	0.656611	0.675378

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.241013	0.323501	0.437390	0.519878	0.633767	0.716255	0.830144
Camarilla	0.497275	0.515277	0.533278	0.551279	0.569280	0.587282	0.605283
Woodie	0.256714	0.331351	0.453091	0.527728	0.649468	0.724105	0.845845
Fibonacci	0.323501	0.398517	0.444862	0.519878	0.594894	0.641239	0.716255

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.093629	0.217480	0.372735	0.496586	0.651841	0.775692	0.930947
Camarilla	0.451236	0.476821	0.502405	0.527990	0.553575	0.579159	0.604744
Woodie	0.109331	0.225331	0.388437	0.504437	0.667543	0.783543	0.946649
Fibonacci	0.217480	0.324099	0.389968	0.496586	0.603205	0.669074	0.775692

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):	50.42
MACD (12,26,9):	-0.0017
Directional Movement:	-24.431617
AROON (14):	-28.571429
DEMA (21):	0.606797
Parabolic SAR (0,02-0,02-0,2):	0.559872
Elder Ray (13):	0.002309
Super Trend (3,10):	0.587788
Zig ZAG (10):	0.610922
VORTEX (21):	0.9843
Stochastique (14,3,5):	91.97
TEMA (21):	0.605405
Williams %R (14):	-9.40
Chande Momentum Oscillator (20):	-0.004867
Repulse (5,40,3):	0.4821
ROCnROLL:	1
TRIX (15,9):	-0.0757
Courbe Coppock:	2.29

MA7:	0.577023
MA20:	0.517473
MA50:	0.430072
MA100:	0.387609
MAexp7:	0.608916
MAexp20:	0.609463
MAexp50:	0.608267
MAexp100:	0.592436
Price / MA7:	+5.87%
Price / MA20:	+18.06%
Price / MA50:	+42.05%
Price / MA100:	+57.61%
Price / MAexp7:	+0.33%
Price / MAexp20:	+0.24%
Price / MAexp50:	+0.44%
Price / MAexp100:	+3.12%

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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