AAVE - AAVE/USD - 1H - Technical analysis published on 01/01/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 51.55 USD
My targets
53.68 USD (+3.43%)
54.96 USD (+5.90%)
My analysis
The basic trend is bullish on AAVE - AAVE/USD and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 51.55 USD. Sellers would then use the next support located at 49.53 USD as an objective. The next bullish objectives will be 54.96 USD and 56.02 USD by extension.
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
3.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AAVE - AAVE/USD rating 51.90 USD. The price is lower by -0.02% since the last closing with the lowest point at 51.06 USD and the highest point at 52.17 USD. The deviation from the price is +1.65% for the low point and -0.52% for the high point.51.06
52.17
51.90
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of AAVE - AAVE/USD indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. 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.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 49.53 | 51.55 | 51.90 | 53.68 | 54.96 | 56.02 |
| Change (%) | -4.57% | -0.67% | - | +3.43% | +5.90% | +7.94% |
| Change | -2.37 | -0.35 | - | +1.78 | +3.06 | +4.12 |
| Level | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.67 | 50.68 | 51.30 | 52.31 | 52.93 | 53.94 | 54.56 |
| Camarilla | 51.46 | 51.61 | 51.76 | 51.91 | 52.06 | 52.21 | 52.36 |
| Woodie | 49.47 | 50.58 | 51.10 | 52.21 | 52.73 | 53.84 | 54.36 |
| Fibonacci | 50.68 | 51.31 | 51.69 | 52.31 | 52.94 | 53.32 | 53.94 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42.86 | 47.20 | 49.56 | 53.90 | 56.26 | 60.60 | 62.96 |
| Camarilla | 50.07 | 50.68 | 51.30 | 51.91 | 52.52 | 53.14 | 53.75 |
| Woodie | 41.86 | 46.71 | 48.56 | 53.41 | 55.26 | 60.11 | 61.96 |
| Fibonacci | 47.20 | 49.76 | 51.34 | 53.90 | 56.46 | 58.04 | 60.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.90 | 41.22 | 46.57 | 56.89 | 62.24 | 72.56 | 77.91 |
| Camarilla | 47.60 | 49.04 | 50.47 | 51.91 | 53.35 | 54.78 | 56.22 |
| Woodie | 28.41 | 39.98 | 44.08 | 55.65 | 59.75 | 71.32 | 75.42 |
| Fibonacci | 41.22 | 47.21 | 50.91 | 56.89 | 62.88 | 66.58 | 72.56 |
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): | 74.16 | |
| MACD (12,26,9): | 0.3300 | |
| Directional Movement: | 26.12 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 56.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 55.41 | |
| Elder Ray (13): | 1.00 | |
| Super Trend (3,10): | 55.68 | |
| Zig ZAG (10): | 57.01 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 80.45 | |
| TEMA (21): | 56.37 | |
| Williams %R (14): | -17.24 | |
| Chande Momentum Oscillator (20): | 1.10 | |
| Repulse (5,40,3): | 1.8900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 2.06 |
| MA7: | 55.35 | |
| MA20: | 57.72 | |
| MA50: | 59.71 | |
| MA100: | 69.46 | |
| MAexp7: | 56.28 | |
| MAexp20: | 55.99 | |
| MAexp50: | 55.48 | |
| MAexp100: | 55.15 | |
| Price / MA7: | -6.23% | |
| Price / MA20: | -10.08% | |
| Price / MA50: | -13.08% | |
| Price / MA100: | -25.28% | |
| Price / MAexp7: | -7.78% | |
| Price / MAexp20: | -7.30% | |
| Price / MAexp50: | -6.45% | |
| Price / MAexp100: | -5.89% |
Quotes :
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Real time data
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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…
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