WAVES - WAVES/USDT - 15 min. - Technical analysis published on 11/28/2020 (GMT)
- 174
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - 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:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 6.45 USDT
My targets
6.88 USDT (+0.88%)
7.31 USDT (+7.20%)
My analysis
The bullish trend is currently very strong on WAVES - WAVES/USDT. As long as the price remains above the support at 6.45 USDT, you could try to benefit from the boom. The first bullish objective is located at 6.88 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.31 USDT as an objective. Crossing it would then enable buyers to target 7.75 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
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 6.82 USDT. The price has increased by +5.74% since the last closing with the lowest point at 6.28 USDT and the highest point at 6.82 USDT. The deviation from the price is +8.60% for the low point and 0% for the high point.6.28
6.82
6.82
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
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
A technical analysis in 15 min. of this WAVES - WAVES/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.61 | 6.22 | 6.48 | 6.82 | 6.88 | 7.83 | 8.21 |
| Change (%) | -17.74% | -8.80% | -4.99% | - | +0.88% | +14.81% | +20.38% |
| Change | -1.21 | -0.60 | -0.34 | - | +0.06 | +1.01 | +1.39 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
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): | 68.20 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 13.58 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 6.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.52 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 6.47 | |
| Zig ZAG (10): | 6.66 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 86.17 | |
| TEMA (21): | 6.67 | |
| Williams %R (14): | -5.19 | |
| Chande Momentum Oscillator (20): | 0.24 | |
| Repulse (5,40,3): | 1.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 4.93 |
| MA7: | 6.92 | |
| MA20: | 5.50 | |
| MA50: | 4.04 | |
| MA100: | 3.36 | |
| MAexp7: | 6.66 | |
| MAexp20: | 6.55 | |
| MAexp50: | 6.49 | |
| MAexp100: | 6.45 | |
| Price / MA7: | -1.45% | |
| Price / MA20: | +24.00% | |
| Price / MA50: | +68.81% | |
| Price / MA100: | +102.98% | |
| Price / MAexp7: | +2.40% | |
| Price / MAexp20: | +4.12% | |
| Price / MAexp50: | +5.08% | |
| Price / MAexp100: | +5.74% |
Quotes :
2020-11-28 16:19:27
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis WAVES - WAVES/USDT - 15 min.