AAVE - LEND/USDT

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	LENDUSDT
ISIN:

AAVE - LEND/USDT - Daily - Technical analysis published on 07/04/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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AAVE - LEND/USDT Chart

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 0.120017 USDT

My targets

0.159000 USDT (+8.90%)

My analysis

AAVE - LEND/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.120017 USDT. The next resistance located at 0.159000 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

7.9

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 Addareea.

Additional analysis

Quotes

The AAVE - LEND/USDT price is 0.146000 USDT. On the day, this instrument gained +1.88% and was traded between 0.140700 USDT and 0.148100 USDT over the period. The price is currently at +3.77% from its lowest and -1.42% from its highest.

0.140700

0.148100

0.146000

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by AAVE - LEND/USDT:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of AAVE - LEND/USDT in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	0.064200	0.082120	0.095220	0.146000	0.159000
Change (%)	-56.03%	-43.75%	-34.78%	-	+8.90%
Change	-0.081800	-0.063880	-0.050780	-	+0.013000
Level	Intermediate	Intermediate	Intermediate	-	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.128133	0.132567	0.137933	0.142367	0.147733	0.152167	0.157533
Camarilla	0.140605	0.141503	0.142402	0.143300	0.144198	0.145097	0.145995
Woodie	0.128600	0.132800	0.138400	0.142600	0.148200	0.152400	0.158000
Fibonacci	0.132567	0.136310	0.138623	0.142367	0.146110	0.148423	0.152167

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.038233	0.074167	0.096733	0.132667	0.155233	0.191167	0.213733
Camarilla	0.103213	0.108575	0.113938	0.119300	0.124663	0.130025	0.135388
Woodie	0.031550	0.070825	0.090050	0.129325	0.148550	0.187825	0.207050
Fibonacci	0.074167	0.096514	0.110320	0.132667	0.155014	0.168820	0.191167

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.039017	0.009567	0.071433	0.120017	0.181883	0.230467	0.292333
Camarilla	0.102926	0.113051	0.123175	0.133300	0.143425	0.153549	0.163674
Woodie	-0.032375	0.012888	0.078075	0.123338	0.188525	0.233788	0.298975
Fibonacci	0.009567	0.051759	0.077825	0.120017	0.162209	0.188275	0.230467

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):	65.63
MACD (12,26,9):	0.0144
Directional Movement:	19.762476
AROON (14):	-35.714286
DEMA (21):	0.145025
Parabolic SAR (0,02-0,02-0,2):	0.159870
Elder Ray (13):	0.011900
Super Trend (3,10):	0.102987
Zig ZAG (10):	0.145600
VORTEX (21):	1.0974
Stochastique (14,3,5):	57.09
TEMA (21):	0.146547
Williams %R (14):	-38.63
Chande Momentum Oscillator (20):	0.000000
Repulse (5,40,3):	4.6570
ROCnROLL:	1
TRIX (15,9):	2.2977
Courbe Coppock:	28.24

MA7:	0.135229
MA20:	0.128626
MA50:	0.090960
MA100:	0.062926
MAexp7:	0.138322
MAexp20:	0.125224
MAexp50:	0.099301
MAexp100:	0.075503
Price / MA7:	+7.97%
Price / MA20:	+13.51%
Price / MA50:	+60.51%
Price / MA100:	+132.02%
Price / MAexp7:	+5.55%
Price / MAexp20:	+16.59%
Price / MAexp50:	+47.03%
Price / MAexp100:	+93.37%

Quotes : 2020-07-04 06:22:33 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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