AAVE - LEND/USDT - 1H - Technical analysis published on 07/26/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
AAVE - LEND/USDT Chart
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
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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.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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:
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:
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
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 0.232567 | 0.260533 | 0.275167 | 0.303133 | 0.317767 | 0.345733 | 0.360367 |
Camarilla | 0.278085 | 0.281990 | 0.285895 | 0.289800 | 0.293705 | 0.297610 | 0.301515 |
Woodie | 0.225900 | 0.257200 | 0.268500 | 0.299800 | 0.311100 | 0.342400 | 0.353700 |
Fibonacci | 0.260533 | 0.276807 | 0.286860 | 0.303133 | 0.319407 | 0.329460 | 0.345733 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.144833 | 0.209067 | 0.249433 | 0.313667 | 0.354033 | 0.418267 | 0.458633 |
Camarilla | 0.261035 | 0.270623 | 0.280212 | 0.289800 | 0.299388 | 0.308977 | 0.318565 |
Woodie | 0.132900 | 0.203100 | 0.237500 | 0.307700 | 0.342100 | 0.412300 | 0.446700 |
Fibonacci | 0.209067 | 0.249024 | 0.273710 | 0.313667 | 0.353624 | 0.378310 | 0.418267 |
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): | 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
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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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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