Londinia Opportunities Analyses - 09/24/2022 (GMT) AAVE - AAVE/USDT - 1H

AAVE - AAVE/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: AAVEUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 76.48 USDT
My targets
79.24 USDT (+2.67%)
80.67 USDT (+4.52%)
My analysis
The bullish trend is currently very strong on AAVE - AAVE/USDT. As long as the price remains above the support at 76.48 USDT, you could try to benefit from the boom. The first bullish objective is located at 79.24 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 80.67 USDT as an objective. Crossing it would then enable buyers to target 81.95 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.6

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

AAVE - AAVE/USDT rating 77.18 USDT. The price has increased by +0.12% since the last closing and was between 75.59 USDT and 77.38 USDT. This implies that the price is at +2.10% from its lowest and at -0.26% from its highest.

75.59
77.38
77.18

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AAVE - AAVE/USDT:

Technical


Technical analysis of AAVE - AAVE/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 72.99 75.37 76.48 77.18 77.41 79.24 80.67
Change (%) -5.43% -2.35% -0.91% - +0.30% +2.67% +4.52%
Change -4.19 -1.81 -0.70 - +0.23 +2.06 +3.49
Level Major Minor Minor - Intermediate 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
Standard68.1270.5673.8276.2679.5281.9685.22
Camarilla75.5276.0576.5777.0977.6178.1478.66
Woodie68.5470.7774.2476.4779.9482.1785.64
Fibonacci70.5672.7374.0876.2678.4379.7881.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard54.2865.8473.6485.2093.00104.56112.36
Camarilla76.1277.8979.6781.4483.2284.9986.76
Woodie52.4064.9071.7684.2691.12103.62110.48
Fibonacci65.8473.2477.8085.2092.6097.16104.56


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32.4355.2670.0792.90107.71130.54145.35
Camarilla74.5377.9881.4384.8888.3391.7895.23
Woodie28.4253.2666.0690.90103.70128.54141.34
Fibonacci55.2669.6478.5292.90107.28116.16130.54

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): 57.01
MACD (12,26,9): 0.3300
Directional Movement: 7.07
AROON (14): 35.72
DEMA (21): 76.92
Parabolic SAR (0,02-0,02-0,2): 77.46
Elder Ray (13): 0.42
Super Trend (3,10): 75.00
Zig ZAG (10): 77.08
VORTEX (21): 1.2100
Stochastique (14,3,5): 76.88
TEMA (21): 77.08
Williams %R (14): -15.08
Chande Momentum Oscillator (20): 0.27
Repulse (5,40,3): 0.1700
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 1.50
MA7: 75.16
MA20: 82.43
MA50: 89.48
MA100: 83.62
MAexp7: 76.87
MAexp20: 76.49
MAexp50: 76.05
MAexp100: 76.00
Price / MA7: +2.69%
Price / MA20: -6.37%
Price / MA50: -13.75%
Price / MA100: -7.70%
Price / MAexp7: +0.40%
Price / MAexp20: +0.90%
Price / MAexp50: +1.49%
Price / MAexp100: +1.55%

Quotes : - Real time data - Cryptocompare