WAVES - WAVES/USDT - 15 min. - Technical analysis published on 12/04/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 7.24 USDT
My targets
7.87 USDT (+2.69%)
8.24 USDT (+7.62%)
My analysis
The bullish trend is currently very strong on WAVES - WAVES/USDT. As long as the price remains above the support at 7.24 USDT, you could try to benefit from the boom. The first bullish objective is located at 7.87 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 8.24 USDT as an objective. 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.
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
8
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Additional analysis
Quotes
WAVES - WAVES/USDT rating 7.66 USDT. The price registered an increase of +3.79% on the session and was traded between 7.35 USDT and 7.84 USDT over the period. The price is currently at +4.22% from its lowest and -2.30% from its highest.7.35
7.84
7.66
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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
Technical analysis of WAVES - WAVES/USDT in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 6.87 | 7.29 | 7.53 | 7.66 | 7.83 |
| Change (%) | -10.31% | -4.83% | -1.70% | - | +2.22% |
| Change | -0.79 | -0.37 | -0.13 | - | +0.17 |
| Level | Major | Intermediate | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.38 | 6.62 | 7.00 | 7.24 | 7.62 | 7.87 | 8.24 |
| Camarilla | 7.21 | 7.26 | 7.32 | 7.38 | 7.44 | 7.49 | 7.55 |
| Woodie | 6.45 | 6.66 | 7.07 | 7.28 | 7.69 | 7.90 | 8.31 |
| Fibonacci | 6.62 | 6.86 | 7.01 | 7.24 | 7.48 | 7.63 | 7.87 |
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 | -1.77 | 0.64 | 3.86 | 6.27 | 9.49 | 11.90 | 15.13 |
| Camarilla | 5.54 | 6.05 | 6.57 | 7.09 | 7.60 | 8.12 | 8.63 |
| Woodie | -1.37 | 0.84 | 4.27 | 6.47 | 9.90 | 12.11 | 15.54 |
| Fibonacci | 0.64 | 2.79 | 4.12 | 6.27 | 8.42 | 9.75 | 11.90 |
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): | 66.94 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 24.12 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 7.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.67 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 7.58 | |
| Zig ZAG (10): | 7.71 | |
| VORTEX (21): | 1.2300 | |
| Stochastique (14,3,5): | 67.68 | |
| TEMA (21): | 7.73 | |
| Williams %R (14): | -49.52 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 5.82 |
| MA7: | 7.09 | |
| MA20: | 6.47 | |
| MA50: | 4.60 | |
| MA100: | 3.59 | |
| MAexp7: | 7.68 | |
| MAexp20: | 7.59 | |
| MAexp50: | 7.47 | |
| MAexp100: | 7.37 | |
| Price / MA7: | +8.04% | |
| Price / MA20: | +18.39% | |
| Price / MA50: | +66.52% | |
| Price / MA100: | +113.37% | |
| Price / MAexp7: | -0.26% | |
| Price / MAexp20: | +0.92% | |
| Price / MAexp50: | +2.54% | |
| Price / MAexp100: | +3.93% |
Quotes :
2020-12-04 09:00:03
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Real time data
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Cryptocompare
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