WAVES - WAVES/USDT - 1H - Technical analysis published on 11/28/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
56%
17%
28%
My opinion
Bullish above 6.22 USDT
My targets
6.88 USDT (+5.85%)
7.49 USDT (+15.28%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for WAVES - WAVES/USDT as long as the price remains well above 6.22 USDT. The buyers” bullish objective is set at 6.88 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.49 USDT. If there is any crossing, the next objective would be the resistance located at 7.83 USDT.
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
2.7
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
WAVES - WAVES/USDT rating 6.50 USDT. On the day, this instrument gained +0.78% and was between 6.36 USDT and 6.72 USDT. This implies that the price is at +2.20% from its lowest and at -3.27% from its highest.6.36
6.72
6.50
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of WAVES - WAVES/USDT in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish 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.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
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.
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 | 5.61 | 6.22 | 6.48 | 6.50 | 6.88 | 7.83 | 8.21 |
| Change (%) | -13.69% | -4.31% | -0.31% | - | +5.85% | +20.46% | +26.31% |
| Change | -0.89 | -0.28 | -0.02 | - | +0.38 | +1.33 | +1.71 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Major | Minor |
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 | 5.15 | 5.58 | 6.02 | 6.45 | 6.88 | 7.31 | 7.75 |
| Camarilla | 6.21 | 6.29 | 6.37 | 6.45 | 6.53 | 6.61 | 6.69 |
| Woodie | 5.15 | 5.58 | 6.02 | 6.45 | 6.88 | 7.31 | 7.75 |
| Fibonacci | 5.58 | 5.91 | 6.12 | 6.45 | 6.78 | 6.98 | 7.31 |
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): | 53.89 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 11.28 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 6.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.24 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 6.09 | |
| Zig ZAG (10): | 6.50 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 63.67 | |
| TEMA (21): | 6.59 | |
| Williams %R (14): | -42.14 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | -0.5600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 1.37 |
| MA7: | 6.89 | |
| MA20: | 5.50 | |
| MA50: | 4.03 | |
| MA100: | 3.36 | |
| MAexp7: | 6.52 | |
| MAexp20: | 6.46 | |
| MAexp50: | 6.48 | |
| MAexp100: | 6.63 | |
| Price / MA7: | -5.66% | |
| Price / MA20: | +18.18% | |
| Price / MA50: | +61.29% | |
| Price / MA100: | +93.45% | |
| Price / MAexp7: | -0.31% | |
| Price / MAexp20: | +0.62% | |
| Price / MAexp50: | +0.31% | |
| Price / MAexp100: | -1.96% |
Quotes :
2020-11-28 04:23:35
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Real time data
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