AVALANCHE - AVAX/USD - 1H - Technical analysis published on 01/21/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
61%
0%
39%
My opinion
Bullish above 35.75 USD
My targets
38.32 USD (+3.74%)
41.18 USD (+11.48%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for AVALANCHE - AVAX/USD as long as the price remains well above 35.75 USD. The buyers' bullish objective is set at 38.32 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 41.18 USD. If there is any crossing, the next objective would be the resistance located at 44.08 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 38.32 USD. On this resistance, against the trend traders who would like to go short on AVALANCHE - AVAX/USD with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.3
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This analysis was given by evilest_penguin. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AVALANCHE - AVAX/USD rating is 36.94 USD. The price registered an increase of +2.73% on the session and was traded between 34.49 USD and 37.58 USD over the period. The price is currently at +7.10% from its lowest and -1.70% from its highest.34.49
37.58
36.94
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AVALANCHE - AVAX/USD chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 32.86 | 35.04 | 35.75 | 36.94 | 38.32 | 41.18 | 44.08 |
| Change (%) | -11.04% | -5.14% | -3.22% | - | +3.74% | +11.48% | +19.33% |
| Change | -4.08 | -1.90 | -1.19 | - | +1.38 | +4.24 | +7.14 |
| Level | Minor | Intermediate | Major | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.98 | 31.21 | 33.58 | 36.81 | 39.18 | 42.41 | 44.78 |
| Camarilla | 34.42 | 34.93 | 35.45 | 35.96 | 36.47 | 36.99 | 37.50 |
| Woodie | 27.56 | 31.00 | 33.16 | 36.60 | 38.76 | 42.20 | 44.36 |
| Fibonacci | 31.21 | 33.35 | 34.67 | 36.81 | 38.95 | 40.27 | 42.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.11 | 28.99 | 34.09 | 37.97 | 43.07 | 46.95 | 52.05 |
| Camarilla | 36.73 | 37.55 | 38.38 | 39.20 | 40.02 | 40.85 | 41.67 |
| Woodie | 25.73 | 29.30 | 34.71 | 38.28 | 43.69 | 47.26 | 52.67 |
| Fibonacci | 28.99 | 32.42 | 34.54 | 37.97 | 41.40 | 43.52 | 46.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.21 | 19.39 | 27.53 | 41.71 | 49.85 | 64.03 | 72.17 |
| Camarilla | 29.54 | 31.59 | 33.63 | 35.68 | 37.73 | 39.77 | 41.82 |
| Woodie | 2.20 | 17.88 | 24.52 | 40.20 | 46.84 | 62.52 | 69.16 |
| Fibonacci | 19.39 | 27.91 | 33.18 | 41.71 | 50.23 | 55.50 | 64.03 |
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): | 56.65 | |
| MACD (12,26,9): | 0.2000 | |
| Directional Movement: | 7.53 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 36.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 35.60 | |
| Elder Ray (13): | 0.41 | |
| Super Trend (3,10): | 35.20 | |
| Zig ZAG (10): | 37.00 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 80.82 | |
| TEMA (21): | 37.04 | |
| Williams %R (14): | -23.37 | |
| Chande Momentum Oscillator (20): | 1.28 | |
| Repulse (5,40,3): | 0.4100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 8.98 |
| MA7: | 38.42 | |
| MA20: | 38.75 | |
| MA50: | 42.03 | |
| MA100: | 37.14 | |
| MAexp7: | 36.86 | |
| MAexp20: | 36.50 | |
| MAexp50: | 36.75 | |
| MAexp100: | 37.35 | |
| Price / MA7: | -3.85% | |
| Price / MA20: | -4.67% | |
| Price / MA50: | -12.11% | |
| Price / MA100: | -0.54% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +1.21% | |
| Price / MAexp50: | +0.52% | |
| Price / MAexp100: | -1.10% |
Quotes :
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Real time data
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