WAVES - WAVES/USDT - 15 min. - Technical analysis published on 11/30/2020 (GMT)
- 185
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
28%
11%
61%
My opinion
Bullish above 6.92 USDT
My targets
7.41 USDT (+5.43%)
7.79 USDT (+10.81%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 6.92 USDT remains possible. It is advisable to trade WAVES - WAVES/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 6.92 USDT. The next bullish objective for buyers is set at 7.41 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.79 USDT. If there is any crossing, the next objective would be the resistance located at 8.28 USDT. PS: if there is a bearish break in the support located at 6.92 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.9
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
WAVES - WAVES/USDT rating 7.03 USDT. The price has increased by +0.00% since the last closing and was traded between 6.88 USDT and 7.29 USDT over the period. The price is currently at +2.18% from its lowest and -3.57% from its highest.6.88
7.29
7.03
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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 15 min. shows an overall bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 5 are bullish, 11 are neutral and 2 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.22 | 6.48 | 6.88 | 7.03 | 7.83 | 8.21 | 8.68 |
| Change (%) | -11.52% | -7.82% | -2.13% | - | +11.38% | +16.79% | +23.47% |
| Change | -0.81 | -0.55 | -0.15 | - | +0.80 | +1.18 | +1.65 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Intermediate |
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 | 5.67 | 6.05 | 6.54 | 6.92 | 7.41 | 7.79 | 8.28 |
| Camarilla | 6.80 | 6.88 | 6.96 | 7.04 | 7.12 | 7.19 | 7.27 |
| Woodie | 5.73 | 6.08 | 6.60 | 6.95 | 7.47 | 7.82 | 8.34 |
| Fibonacci | 6.05 | 6.38 | 6.59 | 6.92 | 7.25 | 7.46 | 7.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.17 | 3.89 | 5.24 | 6.96 | 8.31 | 10.03 | 11.38 |
| Camarilla | 5.74 | 6.03 | 6.31 | 6.59 | 6.87 | 7.15 | 7.43 |
| Woodie | 1.99 | 3.80 | 5.05 | 6.87 | 8.12 | 9.93 | 11.19 |
| Fibonacci | 3.89 | 5.06 | 5.79 | 6.96 | 8.13 | 8.85 | 10.03 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.03 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -3.30 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 7.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.13 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 6.95 | |
| Zig ZAG (10): | 7.07 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 80.51 | |
| TEMA (21): | 7.07 | |
| Williams %R (14): | -16.92 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.23 |
| MA7: | 6.78 | |
| MA20: | 5.83 | |
| MA50: | 4.22 | |
| MA100: | 3.44 | |
| MAexp7: | 7.07 | |
| MAexp20: | 7.05 | |
| MAexp50: | 7.04 | |
| MAexp100: | 7.00 | |
| Price / MA7: | +3.69% | |
| Price / MA20: | +20.58% | |
| Price / MA50: | +66.59% | |
| Price / MA100: | +104.36% | |
| Price / MAexp7: | -0.57% | |
| Price / MAexp20: | -0.28% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | +0.43% |
Quotes :
2020-11-30 21:27:45
-
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.