KAVA - KAVA/USD - 1H - Technical analysis published on 08/13/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 5.93 USD
My targets
6.29 USD (+2.95%)
6.43 USD (+5.24%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on KAVA - KAVA/USD. This is a positive signal for buyers. As long as the price remains above 5.93 USD, a purchase could be considered. The first bullish objective is located at 6.29 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.43 USD as an objective. Crossing it would then enable buyers to target 7.39 USD. In the event of a return below 5.93 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KAVA - KAVA/USD rating 6.11 USD. The price has increased by +3.91% since the last closing with the lowest point at 5.78 USD and the highest point at 6.17 USD. The deviation from the price is +5.71% for the low point and -0.97% for the high point.5.78
6.17
6.11
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by KAVA - KAVA/USD:
Technical
Technical analysis of this 1H chart of KAVA - KAVA/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Piercing line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.75 | 5.83 | 5.93 | 6.11 | 6.13 | 6.29 | 6.43 |
| Change (%) | -5.89% | -4.58% | -2.95% | - | +0.33% | +2.95% | +5.24% |
| Change | -0.36 | -0.28 | -0.18 | - | +0.02 | +0.18 | +0.32 |
| Level | Minor | Major | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.98 | 5.32 | 5.60 | 5.94 | 6.22 | 6.56 | 6.84 |
| Camarilla | 5.71 | 5.77 | 5.82 | 5.88 | 5.94 | 5.99 | 6.05 |
| Woodie | 4.95 | 5.31 | 5.57 | 5.93 | 6.19 | 6.55 | 6.81 |
| Fibonacci | 5.32 | 5.56 | 5.70 | 5.94 | 6.18 | 6.32 | 6.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.62 | 4.37 | 5.23 | 5.98 | 6.84 | 7.59 | 8.45 |
| Camarilla | 5.65 | 5.80 | 5.94 | 6.09 | 6.24 | 6.39 | 6.53 |
| Woodie | 3.68 | 4.40 | 5.29 | 6.01 | 6.90 | 7.62 | 8.51 |
| Fibonacci | 4.37 | 4.99 | 5.37 | 5.98 | 6.60 | 6.98 | 7.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.29 | 2.25 | 3.75 | 4.71 | 6.21 | 7.17 | 8.67 |
| Camarilla | 4.56 | 4.79 | 5.02 | 5.24 | 5.47 | 5.69 | 5.92 |
| Woodie | 1.55 | 2.39 | 4.01 | 4.85 | 6.47 | 7.31 | 8.93 |
| Fibonacci | 2.25 | 3.19 | 3.77 | 4.71 | 5.65 | 6.23 | 7.17 |
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): | 62.06 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 3.04 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 6.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.93 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 5.90 | |
| Zig ZAG (10): | 6.15 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 93.94 | |
| TEMA (21): | 6.09 | |
| Williams %R (14): | -1.44 | |
| Chande Momentum Oscillator (20): | 0.28 | |
| Repulse (5,40,3): | 1.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 7.52 |
| MA7: | 6.01 | |
| MA20: | 5.60 | |
| MA50: | 4.66 | |
| MA100: | 4.49 | |
| MAexp7: | 6.07 | |
| MAexp20: | 5.99 | |
| MAexp50: | 6.01 | |
| MAexp100: | 6.02 | |
| Price / MA7: | +1.66% | |
| Price / MA20: | +9.11% | |
| Price / MA50: | +31.12% | |
| Price / MA100: | +36.08% | |
| Price / MAexp7: | +0.66% | |
| Price / MAexp20: | +2.00% | |
| Price / MAexp50: | +1.66% | |
| Price / MAexp100: | +1.50% |
Quotes :
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Real time data
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