Londinia Opportunities Analyses - 03/28/2024 (GMT) TRAVALA - AVA/USDT - 1H

TRAVALA - AVA/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: AVAUSDT
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
72%
6%
22%
My opinion
Bullish above 0.921875 USDT
My targets
0.990052 USDT (+4.13%)
1.002891 USDT (+5.48%)
My analysis
TRAVALA - AVA/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.921875 USDT. The next resistance located at 0.990052 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.002891 USDT. After this resistance, buyers could then target 1.051333 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.2

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.

Additional analysis

Quotes

The TRAVALA - AVA/USDT price is 0.950799 USDT. The price has increased by +4.70% since the last closing and was between 0.903264 USDT and 0.966294 USDT. This implies that the price is at +5.26% from its lowest and at -1.60% from its highest.

0.903264
0.966294
0.950799

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of TRAVALA - AVA/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.860621 0.888715 0.946666 0.950799 1.002891 1.051333 1.817000
Change (%) -9.48% -6.53% -0.43% - +5.48% +10.57% +91.10%
Change -0.090178 -0.062084 -0.004133 - +0.052092 +0.100534 +0.866201
Level Minor Intermediate Intermediate - Intermediate Minor 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
Standard0.8375770.8669070.8880060.9173360.9384350.9677650.988864
Camarilla0.8952370.8998600.9044820.9091050.9137280.9183500.922973
Woodie0.8334620.8648490.8838910.9152780.9343200.9657070.984749
Fibonacci0.8669070.8861710.8980720.9173360.9366000.9485010.967765


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5836550.6518320.7527650.8209420.9218750.9900521.090985
Camarilla0.8071930.8226950.8381960.8536980.8692000.8847020.900203
Woodie0.6000330.6600210.7691430.8291310.9382530.9982411.107363
Fibonacci0.6518320.7164320.7563420.8209420.8855420.9254520.990052


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4324200.4836930.5558840.6071570.6793480.7306210.802812
Camarilla0.5941220.6054400.6167580.6280750.6393930.6507100.662028
Woodie0.4428790.4889230.5663430.6123870.6898070.7358510.813271
Fibonacci0.4836930.5308560.5599940.6071570.6543200.6834580.730621

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): 62.27
MACD (12,26,9): 0.0093
Directional Movement: 12.777824
AROON (14): 57.142857
DEMA (21): 0.944735
Parabolic SAR (0,02-0,02-0,2): 0.931112
Elder Ray (13): 0.006476
Super Trend (3,10): 0.916852
Zig ZAG (10): 0.949307
VORTEX (21): 1.1143
Stochastique (14,3,5): 65.26
TEMA (21): 0.950761
Williams %R (14): -27.27
Chande Momentum Oscillator (20): 0.037497
Repulse (5,40,3): 0.7102
ROCnROLL: 1
TRIX (15,9): 0.1091
Courbe Coppock: 8.02
MA7: 0.894298
MA20: 0.880306
MA50: 0.738311
MA100: 0.678831
MAexp7: 0.944359
MAexp20: 0.933676
MAexp50: 0.921558
MAexp100: 0.904893
Price / MA7: +6.32%
Price / MA20: +8.01%
Price / MA50: +28.78%
Price / MA100: +40.06%
Price / MAexp7: +0.68%
Price / MAexp20: +1.83%
Price / MAexp50: +3.17%
Price / MAexp100: +5.07%

Quotes : - Real time data - Cryptocompare