AAVE - LEND/USDT

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Change:	-
Volume:	-

Low:	-
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Type:	Cryptocurrencies
Ticker:	LENDUSDT
ISIN:

AAVE - LEND/USDT - 15 min. - Technical analysis published on 07/25/2020 (GMT)

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Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

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AAVE - LEND/USDT Chart

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

17%

39%

44%

My opinion

Bullish above 0.301100 USDT

My targets

0.325100 USDT (+1.03%)

0.342200 USDT (+6.34%)

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 0.301100 USDT remains possible. It is advisable to trade AAVE - LEND/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.301100 USDT. The next bullish objective for buyers is set at 0.325100 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.342200 USDT. If there is any crossing, the next objective would be the resistance located at 0.366200 USDT. PS: if there is a bearish break in the support located at 0.301100 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.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

3.2

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

AAVE - LEND/USDT rating 0.321800 USDT. On the day, this instrument gained +4.48% and was traded between 0.306200 USDT and 0.331100 USDT over the period. The price is currently at +5.09% from its lowest and -2.81% from its highest.

0.306200

0.331100

0.321800

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 15 min. chart of AAVE - LEND/USDT indicates that the overall trend is bullish. 78.57% 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. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 15 minutes

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 15 minutes

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : 15 minutes

Resistance of triangle is broken

Type : Bullish

Timeframe : 15 minutes

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.246000	0.276550	0.294433	0.321800	0.324900	0.338950	0.353400
Change (%)	-23.56%	-14.06%	-8.50%	-	+0.96%	+5.33%	+9.82%
Change	-0.075800	-0.045250	-0.027367	-	+0.003100	+0.017150	+0.031600
Level	Minor	Major	Major	-	Minor	Intermediate	Intermediate

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	0.242900	0.260000	0.284000	0.301100	0.325100	0.342200	0.366200
Camarilla	0.296698	0.300465	0.304233	0.308000	0.311768	0.315535	0.319303
Woodie	0.246350	0.261725	0.287450	0.302825	0.328550	0.343925	0.369650
Fibonacci	0.260000	0.275700	0.285400	0.301100	0.316800	0.326500	0.342200

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.143833	0.177667	0.244333	0.278167	0.344833	0.378667	0.445333
Camarilla	0.283363	0.292575	0.301788	0.311000	0.320213	0.329425	0.338638
Woodie	0.160250	0.185875	0.260750	0.286375	0.361250	0.386875	0.461750
Fibonacci	0.177667	0.216058	0.239776	0.278167	0.316558	0.340276	0.378667

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.88
MACD (12,26,9):	0.0030
Directional Movement:	10.026886
AROON (14):	-28.571430
DEMA (21):	0.326538
Parabolic SAR (0,02-0,02-0,2):	0.330617
Elder Ray (13):	0.000446
Super Trend (3,10):	0.314373
Zig ZAG (10):	0.323200
VORTEX (21):	0.9833
Stochastique (14,3,5):	43.02
TEMA (21):	0.325722
Williams %R (14):	-79.51
Chande Momentum Oscillator (20):	-0.001800
Repulse (5,40,3):	-0.8762
ROCnROLL:	-1
TRIX (15,9):	0.2008
Courbe Coppock:	2.89

MA7:	0.317900
MA20:	0.256680
MA50:	0.170163
MA100:	0.109971
MAexp7:	0.323612
MAexp20:	0.321988
MAexp50:	0.314145
MAexp100:	0.305860
Price / MA7:	+1.23%
Price / MA20:	+25.37%
Price / MA50:	+89.11%
Price / MA100:	+192.62%
Price / MAexp7:	-0.56%
Price / MAexp20:	-0.06%
Price / MAexp50:	+2.44%
Price / MAexp100:	+5.21%

Quotes : 2020-07-25 07:10:14 - Real time data - Cryptocompare

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

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