AAVE - LEND/USDT
AAVE - LEND/USDT
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: LENDUSDT
ISIN:

AAVE - LEND/USDT - 1H - Technical analysis published on 07/26/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
78%
6%
My opinion
Bearish under 0.276550 USDT
My targets
0.249433 USDT (-8.73%)
0.246000 USDT (-9.99%)
My analysis
AAVE - LEND/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.276550 USDT. The next support located at 0.249433 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.246000 USDT. Below this support, sellers could then target 0.211500 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.7

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 0.273300 USDT. The price registered a decrease of -5.69% on the session and was traded between 0.259900 USDT and 0.297600 USDT over the period. The price is currently at +5.16% from its lowest and -8.17% from its highest.

0.259900
0.297600
0.273300

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of AAVE - LEND/USDT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour



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

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.159000 0.211500 0.246000 0.273300 0.276550 0.294433 0.324900
Change (%) -41.82% -22.61% -9.99% - +1.19% +7.73% +18.88%
Change -0.114300 -0.061800 -0.027300 - +0.003250 +0.021133 +0.051600
Level Major Minor Minor - Major Major Minor



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
Standard0.2325670.2605330.2751670.3031330.3177670.3457330.360367
Camarilla0.2780850.2819900.2858950.2898000.2937050.2976100.301515
Woodie0.2259000.2572000.2685000.2998000.3111000.3424000.353700
Fibonacci0.2605330.2768070.2868600.3031330.3194070.3294600.345733


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1448330.2090670.2494330.3136670.3540330.4182670.458633
Camarilla0.2610350.2706230.2802120.2898000.2993880.3089770.318565
Woodie0.1329000.2031000.2375000.3077000.3421000.4123000.446700
Fibonacci0.2090670.2490240.2737100.3136670.3536240.3783100.418267


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0390170.0095670.0714330.1200170.1818830.2304670.292333
Camarilla0.1029260.1130510.1231750.1333000.1434250.1535490.163674
Woodie-0.0323750.0128880.0780750.1233380.1885250.2337880.298975
Fibonacci0.0095670.0517590.0778250.1200170.1622090.1882750.230467

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): 28.50
MACD (12,26,9): -0.0067
Directional Movement: -33.112176
AROON (14): -100.000000
DEMA (21): 0.285182
Parabolic SAR (0,02-0,02-0,2): 0.294449
Elder Ray (13): -0.018639
Super Trend (3,10): 0.294028
Zig ZAG (10): 0.268900
VORTEX (21): 0.6651
Stochastique (14,3,5): 7.70
TEMA (21): 0.278927
Williams %R (14): -78.92
Chande Momentum Oscillator (20): -0.024300
Repulse (5,40,3): -6.6986
ROCnROLL: 2
TRIX (15,9): -0.2094
Courbe Coppock: 11.71
MA7: 0.301314
MA20: 0.261100
MA50: 0.173682
MA100: 0.112087
MAexp7: 0.283304
MAexp20: 0.292669
MAexp50: 0.298365
MAexp100: 0.300997
Price / MA7: -9.30%
Price / MA20: +4.67%
Price / MA50: +57.36%
Price / MA100: +143.83%
Price / MAexp7: -3.53%
Price / MAexp20: -6.62%
Price / MAexp50: -8.40%
Price / MAexp100: -9.20%

Quotes : 2020-07-26 11:11:21 - Real time data - Cryptocompare

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

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