KAVA - KAVA/USDT - 1H - Technical analysis published on 05/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 0.987000 USDT
My targets
1.027000 USDT (+1.68%)
1.046400 USDT (+3.60%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KAVA - KAVA/USDT as long as the price remains well above 0.987000 USDT. The buyers' bullish objective is set at 1.027000 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.046400 USDT. If there is any crossing, the next objective would be the resistance located at 1.107000 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.1
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Additional analysis
Quotes
The KAVA - KAVA/USDT rating is 1.010000 USDT. The price has increased by +0.10% since the last closing with the lowest point at 0.992000 USDT and the highest point at 1.016000 USDT. The deviation from the price is +1.81% for the low point and -0.59% for the high point.0.992000
1.016000
1.010000
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this KAVA - KAVA/USDT chart shows a strongly 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 market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.921421 | 0.953100 | 0.987000 | 1.010000 | 1.027000 | 1.046400 | 1.107000 |
| Change (%) | -8.77% | -5.63% | -2.28% | - | +1.68% | +3.60% | +9.60% |
| Change | -0.088579 | -0.056900 | -0.023000 | - | +0.017000 | +0.036400 | +0.097000 |
| Level | Major | Major | Minor | - | 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 | 0.826667 | 0.874333 | 0.941667 | 0.989333 | 1.056667 | 1.104333 | 1.171667 |
| Camarilla | 0.977375 | 0.987917 | 0.998458 | 1.009000 | 1.019542 | 1.030083 | 1.040625 |
| Woodie | 0.836500 | 0.879250 | 0.951500 | 0.994250 | 1.066500 | 1.109250 | 1.181500 |
| Fibonacci | 0.874333 | 0.918263 | 0.945403 | 0.989333 | 1.033263 | 1.060403 | 1.104333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.467167 | 0.571133 | 0.747067 | 0.851033 | 1.026967 | 1.130933 | 1.306867 |
| Camarilla | 0.846028 | 0.871685 | 0.897343 | 0.923000 | 0.948658 | 0.974315 | 0.999973 |
| Woodie | 0.503150 | 0.589125 | 0.783050 | 0.869025 | 1.062950 | 1.148925 | 1.342850 |
| Fibonacci | 0.571133 | 0.678055 | 0.744112 | 0.851033 | 0.957955 | 1.024012 | 1.130933 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.465567 | 0.606433 | 0.690267 | 0.831133 | 0.914967 | 1.055833 | 1.139667 |
| Camarilla | 0.712308 | 0.732905 | 0.753503 | 0.774100 | 0.794698 | 0.815295 | 0.835893 |
| Woodie | 0.437050 | 0.592175 | 0.661750 | 0.816875 | 0.886450 | 1.041575 | 1.111150 |
| Fibonacci | 0.606433 | 0.692269 | 0.745298 | 0.831133 | 0.916969 | 0.969998 | 1.055833 |
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): | 60.50 | |
| MACD (12,26,9): | 0.0078 | |
| Directional Movement: | 18.203610 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 1.014538 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.020081 | |
| Elder Ray (13): | 0.007628 | |
| Super Trend (3,10): | 0.982464 | |
| Zig ZAG (10): | 1.013000 | |
| VORTEX (21): | 1.0345 | |
| Stochastique (14,3,5): | 55.48 | |
| TEMA (21): | 1.011472 | |
| Williams %R (14): | -41.67 | |
| Chande Momentum Oscillator (20): | 0.004000 | |
| Repulse (5,40,3): | 0.0049 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1396 | |
| Courbe Coppock: | 1.35 |
| MA7: | 0.976000 | |
| MA20: | 0.865460 | |
| MA50: | 0.858100 | |
| MA100: | 0.887470 | |
| MAexp7: | 1.008156 | |
| MAexp20: | 1.002706 | |
| MAexp50: | 0.985766 | |
| MAexp100: | 0.971223 | |
| Price / MA7: | +3.48% | |
| Price / MA20: | +16.70% | |
| Price / MA50: | +17.70% | |
| Price / MA100: | +13.81% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +0.73% | |
| Price / MAexp50: | +2.46% | |
| Price / MAexp100: | +3.99% |
Quotes :
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Real time data
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