WAVES - WAVES/USDT - 1H - Technical analysis published on 09/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 3.83 USDT and 3.92 USDT
My targets
-
My analysis
The short-term increase on WAVES - WAVES/USDT remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 3.92 USDT. The first support is located at 3.83 USDT. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WAVES - WAVES/USDT rating is 3.87 USDT. The price registered a decrease of -0.26% on the session and was between 3.69 USDT and 3.89 USDT. This implies that the price is at +4.88% from its lowest and at -0.51% from its highest.3.69
3.89
3.87
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
Here is a more detailed summary of the historical variations registered by WAVES - WAVES/USDT:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of WAVES - WAVES/USDT indicates that the overall trend is slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.79 | 3.83 | 3.86 | 3.87 | 3.92 | 4.03 | 4.11 |
| Change (%) | -2.07% | -1.03% | -0.26% | - | +1.29% | +4.13% | +6.20% |
| Change | -0.08 | -0.04 | -0.01 | - | +0.05 | +0.16 | +0.24 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.56 | 3.69 | 3.78 | 3.91 | 4.00 | 4.13 | 4.22 |
| Camarilla | 3.82 | 3.84 | 3.86 | 3.88 | 3.90 | 3.92 | 3.94 |
| Woodie | 3.55 | 3.68 | 3.77 | 3.90 | 3.99 | 4.12 | 4.21 |
| Fibonacci | 3.69 | 3.77 | 3.82 | 3.91 | 3.99 | 4.04 | 4.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.03 | 3.39 | 3.66 | 4.02 | 4.29 | 4.65 | 4.92 |
| Camarilla | 3.77 | 3.83 | 3.88 | 3.94 | 4.00 | 4.06 | 4.11 |
| Woodie | 3.00 | 3.37 | 3.63 | 4.00 | 4.26 | 4.63 | 4.89 |
| Fibonacci | 3.39 | 3.63 | 3.78 | 4.02 | 4.26 | 4.41 | 4.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.67 | 2.99 | 3.75 | 5.07 | 5.83 | 7.15 | 7.91 |
| Camarilla | 3.93 | 4.12 | 4.31 | 4.50 | 4.69 | 4.88 | 5.07 |
| Woodie | 1.38 | 2.85 | 3.46 | 4.93 | 5.54 | 7.01 | 7.62 |
| Fibonacci | 2.99 | 3.79 | 4.28 | 5.07 | 5.87 | 6.36 | 7.15 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.72 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 6.48 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 3.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.79 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 3.88 | |
| Zig ZAG (10): | 3.87 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 85.42 | |
| TEMA (21): | 3.85 | |
| Williams %R (14): | -12.50 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 3.86 |
| MA7: | 3.93 | |
| MA20: | 4.22 | |
| MA50: | 4.71 | |
| MA100: | 5.14 | |
| MAexp7: | 3.85 | |
| MAexp20: | 3.84 | |
| MAexp50: | 3.86 | |
| MAexp100: | 3.90 | |
| Price / MA7: | -1.53% | |
| Price / MA20: | -8.29% | |
| Price / MA50: | -17.83% | |
| Price / MA100: | -24.71% | |
| Price / MAexp7: | +0.52% | |
| Price / MAexp20: | +0.78% | |
| Price / MAexp50: | +0.26% | |
| Price / MAexp100: | -0.77% |
Quotes :
-
Real time data
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Cryptocompare
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