AAVE - LEND/USDT - 1H - Technical analysis published on 08/02/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
AAVE - LEND/USDT Chart
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 0.312000 USDT
My targets
0.331233 USDT (+4.92%)
0.342000 USDT (+8.33%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on AAVE - LEND/USDT as long as the price remains well above 0.312000 USDT. The buyers” bullish objective is set at 0.331233 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.342000 USDT. If there is any crossing, the next objective would be the resistance located at 0.353400 USDT. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6
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This analysis was given by Addareea.
Additional analysis
Quotes
The AAVE - LEND/USDT price is 0.315700 USDT. The price registered an increase of +1.61% on the session and was between 0.264200 USDT and 0.321300 USDT. This implies that the price is at +19.49% from its lowest and at -1.74% from its highest.0.264200
0.321300
0.315700
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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 bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.277000 | 0.298745 | 0.312000 | 0.315700 | 0.331233 | 0.342000 | 0.353400 |
| Change (%) | -12.26% | -5.37% | -1.17% | - | +4.92% | +8.33% | +11.94% |
| Change | -0.038700 | -0.016955 | -0.003700 | - | +0.015533 | +0.026300 | +0.037700 |
| Level | Intermediate | Major | Minor | - | Major | Minor | Major |
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 | 0.279600 | 0.292300 | 0.301500 | 0.314200 | 0.323400 | 0.336100 | 0.345300 |
| Camarilla | 0.304678 | 0.306685 | 0.308693 | 0.310700 | 0.312708 | 0.314715 | 0.316723 |
| Woodie | 0.277850 | 0.291425 | 0.299750 | 0.313325 | 0.321650 | 0.335225 | 0.343550 |
| Fibonacci | 0.292300 | 0.300666 | 0.305834 | 0.314200 | 0.322566 | 0.327734 | 0.336100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.106633 | 0.164167 | 0.237433 | 0.294967 | 0.368233 | 0.425767 | 0.499033 |
| Camarilla | 0.274730 | 0.286720 | 0.298710 | 0.310700 | 0.322690 | 0.334680 | 0.346670 |
| Woodie | 0.114500 | 0.168100 | 0.245300 | 0.298900 | 0.376100 | 0.429700 | 0.506900 |
| Fibonacci | 0.164167 | 0.214132 | 0.245001 | 0.294967 | 0.344932 | 0.375801 | 0.425767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.088267 | 0.019667 | 0.162033 | 0.269967 | 0.412333 | 0.520267 | 0.662633 |
| Camarilla | 0.235568 | 0.258512 | 0.281456 | 0.304400 | 0.327344 | 0.350288 | 0.373233 |
| Woodie | -0.071050 | 0.028275 | 0.179250 | 0.278575 | 0.429550 | 0.528875 | 0.679850 |
| Fibonacci | 0.019667 | 0.115281 | 0.174352 | 0.269967 | 0.365581 | 0.424652 | 0.520267 |
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): | 50.26 | |
| MACD (12,26,9): | -0.0029 | |
| Directional Movement: | -11.187816 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.305281 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.265140 | |
| Elder Ray (13): | 0.003239 | |
| Super Trend (3,10): | 0.318776 | |
| Zig ZAG (10): | 0.310300 | |
| VORTEX (21): | 0.9712 | |
| Stochastique (14,3,5): | 72.43 | |
| TEMA (21): | 0.304382 | |
| Williams %R (14): | -18.01 | |
| Chande Momentum Oscillator (20): | -0.004300 | |
| Repulse (5,40,3): | 4.2812 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1199 | |
| Courbe Coppock: | 7.85 |
| MA7: | 0.300000 | |
| MA20: | 0.295690 | |
| MA50: | 0.204514 | |
| MA100: | 0.131239 | |
| MAexp7: | 0.307035 | |
| MAexp20: | 0.309106 | |
| MAexp50: | 0.311795 | |
| MAexp100: | 0.308457 | |
| Price / MA7: | +5.23% | |
| Price / MA20: | +6.77% | |
| Price / MA50: | +54.37% | |
| Price / MA100: | +140.55% | |
| Price / MAexp7: | +2.82% | |
| Price / MAexp20: | +2.13% | |
| Price / MAexp50: | +1.25% | |
| Price / MAexp100: | +2.35% |
Quotes :
2020-08-02 10:33:13
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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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