AAVE - LEND/USDT - 1H - Technical analysis published on 07/27/2020 (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
11%
72%
17%
My opinion
Bearish under 0.249433 USDT
My targets
0.246000 USDT (-0.89%)
0.230467 USDT (-7.14%)
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 0.249433 USDT. The next support located at 0.246000 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 0.230467 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8
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This analysis was given by Addareea.
Additional analysis
Quotes
The AAVE - LEND/USDT price is 0.248200 USDT. The price registered a decrease of -8.38% on the session with the lowest point at 0.239900 USDT and the highest point at 0.276700 USDT. The deviation from the price is +3.46% for the low point and -10.30% for the high point.0.239900
0.276700
0.248200
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this AAVE - LEND/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bearish. 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
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
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 | 0.248200 | 0.276550 | 0.294433 | 0.324900 |
| Change (%) | -35.94% | -14.79% | -0.89% | - | +11.42% | +18.63% | +30.90% |
| Change | -0.089200 | -0.036700 | -0.002200 | - | +0.028350 | +0.046233 | +0.076700 |
| 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 | 0.216967 | 0.238433 | 0.254667 | 0.276133 | 0.292367 | 0.313833 | 0.330067 |
| Camarilla | 0.260533 | 0.263988 | 0.267444 | 0.270900 | 0.274356 | 0.277812 | 0.281268 |
| Woodie | 0.214350 | 0.237125 | 0.252050 | 0.274825 | 0.289750 | 0.312525 | 0.327450 |
| Fibonacci | 0.238433 | 0.252835 | 0.261732 | 0.276133 | 0.290535 | 0.299432 | 0.313833 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 30.13 | |
| MACD (12,26,9): | -0.0099 | |
| Directional Movement: | -32.460613 | |
| AROON (14): | -100.000000 | |
| DEMA (21): | 0.256298 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.277769 | |
| Elder Ray (13): | -0.019088 | |
| Super Trend (3,10): | 0.268825 | |
| Zig ZAG (10): | 0.246400 | |
| VORTEX (21): | 0.7017 | |
| Stochastique (14,3,5): | 6.72 | |
| TEMA (21): | 0.252090 | |
| Williams %R (14): | -84.22 | |
| Chande Momentum Oscillator (20): | -0.023300 | |
| Repulse (5,40,3): | -6.7076 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4144 | |
| Courbe Coppock: | 12.03 |
| MA7: | 0.291743 | |
| MA20: | 0.264265 | |
| MA50: | 0.177419 | |
| MA100: | 0.114337 | |
| MAexp7: | 0.256693 | |
| MAexp20: | 0.268836 | |
| MAexp50: | 0.282097 | |
| MAexp100: | 0.290733 | |
| Price / MA7: | -14.93% | |
| Price / MA20: | -6.08% | |
| Price / MA50: | +39.89% | |
| Price / MA100: | +117.08% | |
| Price / MAexp7: | -3.31% | |
| Price / MAexp20: | -7.68% | |
| Price / MAexp50: | -12.02% | |
| Price / MAexp100: | -14.63% |
Quotes :
2020-07-27 06:33:22
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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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