AVALANCHE - AVAX/USD - 1H - Technical analysis published on 04/08/2022 (GMT)
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- 0
- 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
39%
22%
39%
My opinion
Neutral between 86.13 USD and 90.96 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 90.96 USD. The first support is located at 86.13 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by AVALANCHE - AVAX/USD.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AVALANCHE - AVAX/USD price is 89.48 USD. The price registered an increase of +2.07% on the session and was between 85.54 USD and 89.77 USD. This implies that the price is at +4.61% from its lowest and at -0.32% from its highest.85.54
89.77
89.48
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 AVALANCHE - AVAX/USD:
Technical
A technical analysis in 1H of this AVALANCHE - AVAX/USD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 7 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 81.53 | 83.75 | 86.13 | 89.48 | 90.96 | 97.93 | 103.64 |
| Change (%) | -8.88% | -6.40% | -3.74% | - | +1.65% | +9.44% | +15.82% |
| Change | -7.95 | -5.73 | -3.35 | - | +1.48 | +8.45 | +14.16 |
| Level | Intermediate | Minor | Minor | - | Minor | Major | Minor |
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 | 76.01 | 78.74 | 83.21 | 85.94 | 90.41 | 93.14 | 97.61 |
| Camarilla | 85.69 | 86.35 | 87.01 | 87.67 | 88.33 | 88.99 | 89.65 |
| Woodie | 76.87 | 79.18 | 84.07 | 86.38 | 91.27 | 93.58 | 98.47 |
| Fibonacci | 78.74 | 81.49 | 83.19 | 85.94 | 88.69 | 90.39 | 93.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 66.68 | 75.57 | 85.87 | 94.76 | 105.06 | 113.95 | 124.25 |
| Camarilla | 90.90 | 92.66 | 94.42 | 96.18 | 97.94 | 99.70 | 101.46 |
| Woodie | 67.40 | 75.92 | 86.59 | 95.11 | 105.78 | 114.30 | 124.97 |
| Fibonacci | 75.57 | 82.90 | 87.43 | 94.76 | 102.09 | 106.62 | 113.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.30 | 51.95 | 74.69 | 88.34 | 111.08 | 124.73 | 147.47 |
| Camarilla | 87.43 | 90.77 | 94.10 | 97.44 | 100.78 | 104.11 | 107.45 |
| Woodie | 42.86 | 54.22 | 79.25 | 90.61 | 115.64 | 127.00 | 152.03 |
| Fibonacci | 51.95 | 65.85 | 74.44 | 88.34 | 102.24 | 110.83 | 124.73 |
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): | 47.81 | |
| MACD (12,26,9): | 0.1600 | |
| Directional Movement: | -6.82 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 87.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 89.07 | |
| Elder Ray (13): | -0.49 | |
| Super Trend (3,10): | 84.93 | |
| Zig ZAG (10): | 87.84 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 28.63 | |
| TEMA (21): | 87.90 | |
| Williams %R (14): | -41.61 | |
| Chande Momentum Oscillator (20): | -0.70 | |
| Repulse (5,40,3): | 1.4500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.76 |
| MA7: | 91.44 | |
| MA20: | 89.94 | |
| MA50: | 82.21 | |
| MA100: | 83.07 | |
| MAexp7: | 87.41 | |
| MAexp20: | 87.28 | |
| MAexp50: | 87.41 | |
| MAexp100: | 89.11 | |
| Price / MA7: | -2.14% | |
| Price / MA20: | -0.51% | |
| Price / MA50: | +8.84% | |
| Price / MA100: | +7.72% | |
| Price / MAexp7: | +2.37% | |
| Price / MAexp20: | +2.52% | |
| Price / MAexp50: | +2.37% | |
| Price / MAexp100: | +0.42% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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