AAVE - LEND/USDT - 1H - Technical analysis published on 07/11/2020 (GMT)
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- Timeframe : 1H
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- Status : WITHOUT TARGET
AAVE - LEND/USDT Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 0.207700 USDT
My targets
-
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AAVE - LEND/USDT as long as the price remains well above 0.207700 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.3
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This analysis was given by Addareea.
Additional analysis
Quotes
The AAVE - LEND/USDT price is 0.213900 USDT. On the day, this instrument gained +10.71% and was traded between 0.194100 USDT and 0.221000 USDT over the period. The price is currently at +10.20% from its lowest and -3.21% from its highest.0.194100
0.221000
0.213900
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
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 this 1H chart of AAVE - LEND/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.190733 | 0.200700 | 0.207700 | 0.213900 |
| Change (%) | -10.83% | -6.17% | -2.90% | - |
| Change | -0.023167 | -0.013200 | -0.006200 | - |
| Level | Minor | Minor | Intermediate | - |
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 | 0.169333 | 0.174467 | 0.183833 | 0.188967 | 0.198333 | 0.203467 | 0.212833 |
| Camarilla | 0.189213 | 0.190542 | 0.191871 | 0.193200 | 0.194529 | 0.195858 | 0.197188 |
| Woodie | 0.171450 | 0.175525 | 0.185950 | 0.190025 | 0.200450 | 0.204525 | 0.214950 |
| Fibonacci | 0.174467 | 0.180006 | 0.183428 | 0.188967 | 0.194506 | 0.197928 | 0.203467 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.083800 | 0.099200 | 0.124600 | 0.140000 | 0.165400 | 0.180800 | 0.206200 |
| Camarilla | 0.138780 | 0.142520 | 0.146260 | 0.150000 | 0.153740 | 0.157480 | 0.161220 |
| Woodie | 0.088800 | 0.101700 | 0.129600 | 0.142500 | 0.170400 | 0.183300 | 0.211200 |
| Fibonacci | 0.099200 | 0.114786 | 0.124414 | 0.140000 | 0.155586 | 0.165214 | 0.180800 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 66.15 | |
| MACD (12,26,9): | 0.0058 | |
| Directional Movement: | 20.387886 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.212940 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.217923 | |
| Elder Ray (13): | 0.003436 | |
| Super Trend (3,10): | 0.201518 | |
| Zig ZAG (10): | 0.212700 | |
| VORTEX (21): | 1.2302 | |
| Stochastique (14,3,5): | 61.76 | |
| TEMA (21): | 0.215575 | |
| Williams %R (14): | -44.39 | |
| Chande Momentum Oscillator (20): | 0.002300 | |
| Repulse (5,40,3): | 1.0375 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4732 | |
| Courbe Coppock: | 14.63 |
| MA7: | 0.187071 | |
| MA20: | 0.152725 | |
| MA50: | 0.108854 | |
| MA100: | 0.074640 | |
| MAexp7: | 0.210667 | |
| MAexp20: | 0.205208 | |
| MAexp50: | 0.197459 | |
| MAexp100: | 0.190491 | |
| Price / MA7: | +14.34% | |
| Price / MA20: | +40.06% | |
| Price / MA50: | +96.50% | |
| Price / MA100: | +186.58% | |
| Price / MAexp7: | +1.53% | |
| Price / MAexp20: | +4.24% | |
| Price / MAexp50: | +8.33% | |
| Price / MAexp100: | +12.29% |
Quotes :
2020-07-11 15:55:00
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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