AELF - ELF/USD - Daily - Technical analysis published on 06/21/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 0.208700 USD
My targets
0.177850 USD (-7.56%)
0.161567 USD (-16.03%)
My analysis
aelf - ELF/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 0.208700 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 0.177850 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 0.161567 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 0.131880 USD. Beware of a possible return to above the resistance located at 0.208700 USD which would be a sign of a correction of the short-term bearish excesses registered.
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The aelf - ELF/USD price is 0.192400 USD. The price registered a decrease of -8.60% on the session and was between 0.189100 USD and 0.213900 USD. This implies that the price is at +1.75% from its lowest and at -10.05% from its highest.0.189100
0.213900
0.192400
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of aelf - ELF/USD indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
Timeframe : Daily
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : Daily
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.131880 | 0.161567 | 0.177850 | 0.192400 | 0.208700 | 0.267400 |
| Change (%) | -31.46% | -16.03% | -7.56% | - | +8.47% | +38.98% |
| Change | -0.060520 | -0.030833 | -0.014550 | - | +0.016300 | +0.075000 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.172633 | 0.181467 | 0.199133 | 0.207967 | 0.225633 | 0.234467 | 0.252133 |
| Camarilla | 0.209513 | 0.211942 | 0.214371 | 0.216800 | 0.219229 | 0.221658 | 0.224088 |
| Woodie | 0.177050 | 0.183675 | 0.203550 | 0.210175 | 0.230050 | 0.236675 | 0.256550 |
| Fibonacci | 0.181467 | 0.191590 | 0.197844 | 0.207967 | 0.218090 | 0.224344 | 0.234467 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.105633 | 0.134467 | 0.167233 | 0.196067 | 0.228833 | 0.257667 | 0.290433 |
| Camarilla | 0.183060 | 0.188707 | 0.194353 | 0.200000 | 0.205647 | 0.211293 | 0.216940 |
| Woodie | 0.107600 | 0.135450 | 0.169200 | 0.197050 | 0.230800 | 0.258650 | 0.292400 |
| Fibonacci | 0.134467 | 0.157998 | 0.172535 | 0.196067 | 0.219598 | 0.234135 | 0.257667 |
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): | 46.38 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | -12.577063 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.206934 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.164716 | |
| Elder Ray (13): | -0.004717 | |
| Super Trend (3,10): | 0.157026 | |
| Zig ZAG (10): | 0.192400 | |
| VORTEX (21): | 0.8615 | |
| Stochastique (14,3,5): | 68.99 | |
| TEMA (21): | 0.205547 | |
| Williams %R (14): | -52.76 | |
| Chande Momentum Oscillator (20): | 0.003000 | |
| Repulse (5,40,3): | -8.0992 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0210 | |
| Courbe Coppock: | 12.83 |
| MA7: | 0.211329 | |
| MA20: | 0.200175 | |
| MA50: | 0.201572 | |
| MA100: | 0.193368 | |
| MAexp7: | 0.207089 | |
| MAexp20: | 0.205854 | |
| MAexp50: | 0.201504 | |
| MAexp100: | 0.192678 | |
| Price / MA7: | -8.96% | |
| Price / MA20: | -3.88% | |
| Price / MA50: | -4.55% | |
| Price / MA100: | -0.50% | |
| Price / MAexp7: | -7.09% | |
| Price / MAexp20: | -6.54% | |
| Price / MAexp50: | -4.52% | |
| Price / MAexp100: | -0.14% |
This member declared not having a position on this financial instrument or a related financial instrument.
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