AAVE - LEND/USDT - 1H - Technical analysis published on 07/31/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
AAVE - LEND/USDT Chart
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 0.313667 USDT
My targets
0.331233 USDT (+3.38%)
0.353400 USDT (+10.30%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AAVE - LEND/USDT. As long as you are above the support located at 0.313667 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.331233 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.353400 USDT as an objective. If the support 0.313667 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2
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This analysis was given by Addareea.
Additional analysis
Quotes
The AAVE - LEND/USDT rating is 0.320400 USDT. On the day, this instrument lost -4.24% and was traded between 0.318000 USDT and 0.342000 USDT over the period. The price is currently at +0.75% from its lowest and -6.32% from its highest.0.318000
0.342000
0.320400
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 9 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
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 a result that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.221700 | 0.239900 | 0.273150 | 0.320400 | 0.331233 | 0.353400 |
| Change (%) | -30.81% | -25.12% | -14.75% | - | +3.38% | +10.30% |
| Change | -0.098700 | -0.080500 | -0.047250 | - | +0.010833 | +0.033000 |
| Level | Minor | Minor | Major | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.265233 | 0.286267 | 0.310433 | 0.331467 | 0.355633 | 0.376667 | 0.400833 |
| Camarilla | 0.322170 | 0.326313 | 0.330457 | 0.334600 | 0.338743 | 0.342887 | 0.347030 |
| Woodie | 0.266800 | 0.287050 | 0.312000 | 0.332250 | 0.357200 | 0.377450 | 0.402400 |
| Fibonacci | 0.286267 | 0.303533 | 0.314200 | 0.331467 | 0.348733 | 0.359400 | 0.376667 |
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): | 52.43 | |
| MACD (12,26,9): | 0.0038 | |
| Directional Movement: | 8.235628 | |
| AROON (14): | -71.428574 | |
| DEMA (21): | 0.337540 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.342556 | |
| Elder Ray (13): | -0.000265 | |
| Super Trend (3,10): | 0.310580 | |
| Zig ZAG (10): | 0.330200 | |
| VORTEX (21): | 1.0431 | |
| Stochastique (14,3,5): | 23.80 | |
| TEMA (21): | 0.331925 | |
| Williams %R (14): | -85.25 | |
| Chande Momentum Oscillator (20): | -0.010400 | |
| Repulse (5,40,3): | -2.2044 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2796 | |
| Courbe Coppock: | 5.33 |
| MA7: | 0.294400 | |
| MA20: | 0.288845 | |
| MA50: | 0.196232 | |
| MA100: | 0.125874 | |
| MAexp7: | 0.330477 | |
| MAexp20: | 0.330949 | |
| MAexp50: | 0.316836 | |
| MAexp100: | 0.302998 | |
| Price / MA7: | +8.83% | |
| Price / MA20: | +10.92% | |
| Price / MA50: | +63.28% | |
| Price / MA100: | +154.54% | |
| Price / MAexp7: | -3.05% | |
| Price / MAexp20: | -3.19% | |
| Price / MAexp50: | +1.12% | |
| Price / MAexp100: | +5.74% |
Quotes :
2020-07-31 08:15:51
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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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