WAVES - WAVES/USDT - 1H - Technical analysis published on 12/15/2022 (GMT)
- 197
- 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 : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 1.76 USDT
My targets
1.67 USDT (-4.02%)
1.59 USDT (-8.45%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on WAVES - WAVES/USDT as long as the price remains well below 1.76 USDT. The next bearish objective for sellers is set at 1.67 USDT. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 1.59 USDT. If there is any crossing, the next objective would be the support located at 1.10 USDT. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1
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 finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WAVES - WAVES/USDT rating is 1.74 USDT. The price is lower by -2.25% since the last closing and was traded between 1.72 USDT and 1.79 USDT over the period. The price is currently at +1.16% from its lowest and -2.79% from its highest.1.72
1.79
1.74
Here is a more detailed summary of the historical variations registered by WAVES - WAVES/USDT:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a 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 bearish. 78.57% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.10 | 1.67 | 1.74 | 1.76 | 2.03 | 2.13 |
| Change (%) | -36.78% | -4.02% | - | +1.15% | +16.67% | +22.41% |
| Change | -0.64 | -0.07 | - | +0.02 | +0.29 | +0.39 |
| Level | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.59 | 1.67 | 1.73 | 1.81 | 1.87 | 1.95 | 2.01 |
| Camarilla | 1.74 | 1.75 | 1.77 | 1.78 | 1.79 | 1.81 | 1.82 |
| Woodie | 1.57 | 1.67 | 1.71 | 1.81 | 1.85 | 1.95 | 1.99 |
| Fibonacci | 1.67 | 1.73 | 1.76 | 1.81 | 1.87 | 1.90 | 1.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.24 | 1.59 | 1.81 | 2.16 | 2.38 | 2.73 | 2.95 |
| Camarilla | 1.86 | 1.92 | 1.97 | 2.02 | 2.07 | 2.13 | 2.18 |
| Woodie | 1.17 | 1.56 | 1.74 | 2.13 | 2.31 | 2.70 | 2.88 |
| Fibonacci | 1.59 | 1.81 | 1.95 | 2.16 | 2.38 | 2.52 | 2.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.01 | 1.01 | 1.70 | 2.72 | 3.41 | 4.43 | 5.12 |
| Camarilla | 1.91 | 2.07 | 2.22 | 2.38 | 2.54 | 2.69 | 2.85 |
| Woodie | -0.19 | 0.93 | 1.53 | 2.64 | 3.24 | 4.35 | 4.95 |
| Fibonacci | 1.01 | 1.67 | 2.07 | 2.72 | 3.38 | 3.78 | 4.43 |
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): | 40.08 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -13.43 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 1.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.83 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 1.81 | |
| Zig ZAG (10): | 1.75 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 15.94 | |
| TEMA (21): | 1.73 | |
| Williams %R (14): | -76.79 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 8.80 |
| MA7: | 1.89 | |
| MA20: | 2.17 | |
| MA50: | 2.51 | |
| MA100: | 3.17 | |
| MAexp7: | 1.75 | |
| MAexp20: | 1.77 | |
| MAexp50: | 1.79 | |
| MAexp100: | 1.85 | |
| Price / MA7: | -7.94% | |
| Price / MA20: | -19.82% | |
| Price / MA50: | -30.68% | |
| Price / MA100: | -45.11% | |
| Price / MAexp7: | -0.57% | |
| Price / MAexp20: | -1.69% | |
| Price / MAexp50: | -2.79% | |
| Price / MAexp100: | -5.95% |
Quotes :
-
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 - 1H