AVALANCHE - AVAX/USD - 1H - Technical analysis published on 01/25/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 65.42 USD
My targets
69.26 USD (+4.13%)
76.89 USD (+15.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AVALANCHE - AVAX/USD as long as the price remains well above 65.42 USD. The buyers' bullish objective is set at 69.26 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 76.89 USD. If there is any crossing, the next objective would be the resistance located at 81.19 USD.
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
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AVALANCHE - AVAX/USD price is 66.51 USD. The price has increased by +5.54% since the last closing with the lowest point at 61.73 USD and the highest point at 66.86 USD. The deviation from the price is +7.74% for the low point and -0.52% for the high point.61.73
66.86
66.51
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AVALANCHE - AVAX/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of AVALANCHE - AVAX/USD in 1H shows an overall bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 54.68 | 62.09 | 65.42 | 66.51 | 76.89 | 81.19 | 87.86 |
| Change (%) | -17.79% | -6.65% | -1.64% | - | +15.61% | +22.07% | +32.10% |
| Change | -11.83 | -4.42 | -1.09 | - | +10.38 | +14.68 | +21.35 |
| Level | Major | Minor | Major | - | 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 | 47.60 | 51.40 | 57.21 | 61.01 | 66.82 | 70.62 | 76.43 |
| Camarilla | 60.38 | 61.26 | 62.14 | 63.02 | 63.90 | 64.78 | 65.66 |
| Woodie | 48.61 | 51.90 | 58.22 | 61.51 | 67.83 | 71.12 | 77.44 |
| Fibonacci | 51.40 | 55.07 | 57.34 | 61.01 | 64.68 | 66.95 | 70.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.72 | 27.39 | 43.59 | 69.26 | 85.46 | 111.13 | 127.33 |
| Camarilla | 48.28 | 52.11 | 55.95 | 59.79 | 63.63 | 67.47 | 71.30 |
| Woodie | -3.02 | 25.02 | 38.86 | 66.89 | 80.73 | 108.76 | 122.60 |
| Fibonacci | 27.39 | 43.38 | 53.27 | 69.26 | 85.25 | 95.14 | 111.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.17 | 50.89 | 80.12 | 104.84 | 134.07 | 158.79 | 188.02 |
| Camarilla | 94.52 | 99.47 | 104.42 | 109.36 | 114.31 | 119.25 | 124.20 |
| Woodie | 28.44 | 52.02 | 82.39 | 105.97 | 136.34 | 159.92 | 190.29 |
| Fibonacci | 50.89 | 71.50 | 84.23 | 104.84 | 125.45 | 138.18 | 158.79 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 67.81 | |
| MACD (12,26,9): | 1.1600 | |
| Directional Movement: | 16.89 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 65.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 63.61 | |
| Elder Ray (13): | 1.90 | |
| Super Trend (3,10): | 61.51 | |
| Zig ZAG (10): | 66.44 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 78.70 | |
| TEMA (21): | 65.81 | |
| Williams %R (14): | -11.24 | |
| Chande Momentum Oscillator (20): | 3.54 | |
| Repulse (5,40,3): | 2.3400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 6.78 |
| MA7: | 68.86 | |
| MA20: | 82.29 | |
| MA50: | 95.41 | |
| MA100: | 92.52 | |
| MAexp7: | 65.02 | |
| MAexp20: | 63.63 | |
| MAexp50: | 62.83 | |
| MAexp100: | 65.12 | |
| Price / MA7: | -3.41% | |
| Price / MA20: | -19.18% | |
| Price / MA50: | -30.29% | |
| Price / MA100: | -28.11% | |
| Price / MAexp7: | +2.29% | |
| Price / MAexp20: | +4.53% | |
| Price / MAexp50: | +5.86% | |
| Price / MAexp100: | +2.13% |
Quotes :
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Real time data
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