AVALANCHE - AVAX/USD - 15 min. - Technical analysis published on 01/26/2023 (GMT)
- 132
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 17.53 USD
My targets
18.50 USD (+2.23%)
19.24 USD (+6.28%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AVALANCHE - AVAX/USD. As long as you are above the support located at 17.53 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 18.50 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 19.24 USD as an objective. Crossing it would then enable buyers to target 20.21 USD. If the support 17.53 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4
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 Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AVALANCHE - AVAX/USD rating is 18.10 USD. The price registered an increase of +1.86% on the session and was between 17.78 USD and 18.78 USD. This implies that the price is at +1.80% from its lowest and at -3.62% from its highest.17.78
18.78
18.10
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AVALANCHE - AVAX/USD in 15 min. shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : 15 minutes
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
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 17.12 | 17.74 | 18.08 | 18.10 | 18.44 | 18.95 | 19.82 |
Change (%) | -5.41% | -1.99% | -0.11% | - | +1.88% | +4.70% | +9.50% |
Change | -0.98 | -0.36 | -0.02 | - | +0.34 | +0.85 | +1.72 |
Level | Minor | Intermediate | Minor | - | Intermediate | 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 | 15.08 | 15.82 | 16.79 | 17.53 | 18.50 | 19.24 | 20.21 |
Camarilla | 17.30 | 17.46 | 17.61 | 17.77 | 17.93 | 18.08 | 18.24 |
Woodie | 15.21 | 15.88 | 16.92 | 17.59 | 18.63 | 19.30 | 20.34 |
Fibonacci | 15.82 | 16.47 | 16.87 | 17.53 | 18.18 | 18.58 | 19.24 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.17 | 14.44 | 15.66 | 16.93 | 18.15 | 19.42 | 20.64 |
Camarilla | 16.20 | 16.42 | 16.65 | 16.88 | 17.11 | 17.34 | 17.57 |
Woodie | 13.15 | 14.43 | 15.64 | 16.92 | 18.13 | 19.41 | 20.62 |
Fibonacci | 14.44 | 15.39 | 15.98 | 16.93 | 17.88 | 18.47 | 19.42 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5.73 | 8.16 | 9.52 | 11.95 | 13.31 | 15.74 | 17.10 |
Camarilla | 9.85 | 10.20 | 10.54 | 10.89 | 11.24 | 11.59 | 11.93 |
Woodie | 5.21 | 7.89 | 9.00 | 11.68 | 12.79 | 15.47 | 16.58 |
Fibonacci | 8.16 | 9.60 | 10.50 | 11.95 | 13.39 | 14.29 | 15.74 |
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): | 50.51 | |
MACD (12,26,9): | -0.0100 | |
Directional Movement: | -4.52 | |
AROON (14): | -21.43 | |
DEMA (21): | 18.08 | |
Parabolic SAR (0,02-0,02-0,2): | 18.32 | |
Elder Ray (13): | 0.04 | |
Super Trend (3,10): | 18.37 | |
Zig ZAG (10): | 18.15 | |
VORTEX (21): | 1.0000 | |
Stochastique (14,3,5): | 77.03 | |
TEMA (21): | 18.10 | |
Williams %R (14): | -16.67 | |
Chande Momentum Oscillator (20): | 0.23 | |
Repulse (5,40,3): | 0.4800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0200 | |
Courbe Coppock: | 0.24 |
MA7: | 17.52 | |
MA20: | 15.91 | |
MA50: | 13.58 | |
MA100: | 14.23 | |
MAexp7: | 18.13 | |
MAexp20: | 18.10 | |
MAexp50: | 18.09 | |
MAexp100: | 18.02 | |
Price / MA7: | +3.31% | |
Price / MA20: | +13.76% | |
Price / MA50: | +33.28% | |
Price / MA100: | +27.20% | |
Price / MAexp7: | -0.17% | |
Price / MAexp20: | -0% | |
Price / MAexp50: | +0.06% | |
Price / MAexp100: | +0.44% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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 AVALANCHE - AVAX/USD - 15 min.