WAVES - WAVES/USDT - 1H - Technical analysis published on 11/23/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 7.83 USDT
My targets
8.79 USDT (+10.50%)
10.44 USDT (+31.27%)
My analysis
WAVES - WAVES/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 7.83 USDT. The next resistance located at 8.79 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 10.44 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.4
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WAVES - WAVES/USDT price is 7.95 USDT. The price has increased by +12.45% since the last closing and was between 7.07 USDT and 8.68 USDT. This implies that the price is at +12.45% from its lowest and at -8.41% from its highest.7.07
8.68
7.95
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by WAVES - WAVES/USDT:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on WAVES - WAVES/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of WAVES - WAVES/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 6.66 | 7.13 | 7.83 | 7.95 |
| Change (%) | -16.23% | -10.31% | -1.51% | - |
| Change | -1.29 | -0.82 | -0.12 | - |
| Level | Minor | Intermediate | Minor | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.01 | 4.89 | 5.98 | 6.85 | 7.95 | 8.82 | 9.91 |
| Camarilla | 6.53 | 6.71 | 6.89 | 7.07 | 7.25 | 7.43 | 7.61 |
| Woodie | 4.12 | 4.94 | 6.09 | 6.91 | 8.06 | 8.87 | 10.02 |
| Fibonacci | 4.89 | 5.64 | 6.10 | 6.85 | 7.60 | 8.07 | 8.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.61 | 2.90 | 4.55 | 5.84 | 7.49 | 8.79 | 10.44 |
| Camarilla | 5.39 | 5.66 | 5.93 | 6.20 | 6.47 | 6.74 | 7.01 |
| Woodie | 1.79 | 2.99 | 4.73 | 5.93 | 7.67 | 8.88 | 10.61 |
| Fibonacci | 2.90 | 4.02 | 4.72 | 5.84 | 6.97 | 7.66 | 8.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.83 | 1.45 | 2.33 | 2.95 | 3.83 | 4.45 | 5.33 |
| Camarilla | 2.80 | 2.93 | 3.07 | 3.21 | 3.35 | 3.48 | 3.62 |
| Woodie | 0.96 | 1.51 | 2.46 | 3.01 | 3.96 | 4.51 | 5.46 |
| Fibonacci | 1.45 | 2.02 | 2.38 | 2.95 | 3.52 | 3.88 | 4.45 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.73 | |
| MACD (12,26,9): | 0.2300 | |
| Directional Movement: | 7.18 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 8.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.68 | |
| Elder Ray (13): | -0.19 | |
| Super Trend (3,10): | 7.25 | |
| Zig ZAG (10): | 7.61 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 28.68 | |
| TEMA (21): | 8.04 | |
| Williams %R (14): | -87.27 | |
| Chande Momentum Oscillator (20): | -0.25 | |
| Repulse (5,40,3): | -5.3400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.6400 | |
| Courbe Coppock: | 10.99 |
| MA7: | 6.25 | |
| MA20: | 4.69 | |
| MA50: | 3.60 | |
| MA100: | 3.23 | |
| MAexp7: | 7.91 | |
| MAexp20: | 7.81 | |
| MAexp50: | 7.33 | |
| MAexp100: | 6.78 | |
| Price / MA7: | +27.20% | |
| Price / MA20: | +69.51% | |
| Price / MA50: | +120.83% | |
| Price / MA100: | +146.13% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | +1.79% | |
| Price / MAexp50: | +8.46% | |
| Price / MAexp100: | +17.26% |
Quotes :
2020-11-23 17:29:53
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Real time data
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