AAVE - LEND/USDT - 1H - Technical analysis published on 08/25/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
AAVE - LEND/USDT Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.677167 USDT
My targets
0.745400 USDT (+3.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AAVE - LEND/USDT as long as the price remains well above 0.677167 USDT. The buyers” bullish objective is set at 0.745400 USDT. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.9
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This analysis was given by Monocle360.
Additional analysis
Quotes
The AAVE - LEND/USDT rating is 0.719400 USDT. On the day, this instrument lost -1.64% and was between 0.717300 USDT and 0.775800 USDT. This implies that the price is at +0.29% from its lowest and at -7.27% from its highest.0.717300
0.775800
0.719400
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
Here is a more detailed summary of the historical variations registered by AAVE - LEND/USDT:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of AAVE - LEND/USDT in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.543411 | 0.593433 | 0.662500 | 0.719400 | 0.745400 |
| Change (%) | -24.46% | -17.51% | -7.91% | - | +3.61% |
| Change | -0.175989 | -0.125967 | -0.056900 | - | +0.026000 |
| Level | Minor | Intermediate | Minor | - | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.429733 | 0.495667 | 0.613533 | 0.679467 | 0.797333 | 0.863267 | 0.981133 |
| Camarilla | 0.680855 | 0.697703 | 0.714552 | 0.731400 | 0.748248 | 0.765097 | 0.781945 |
| Woodie | 0.455700 | 0.508650 | 0.639500 | 0.692450 | 0.823300 | 0.876250 | 1.007100 |
| Fibonacci | 0.495667 | 0.565878 | 0.609255 | 0.679467 | 0.749678 | 0.793055 | 0.863267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.265967 | 0.361433 | 0.471567 | 0.567033 | 0.677167 | 0.772633 | 0.882767 |
| Camarilla | 0.525160 | 0.544007 | 0.562853 | 0.581700 | 0.600547 | 0.619393 | 0.638240 |
| Woodie | 0.273300 | 0.365100 | 0.478900 | 0.570700 | 0.684500 | 0.776300 | 0.890100 |
| Fibonacci | 0.361433 | 0.439973 | 0.488494 | 0.567033 | 0.645573 | 0.694094 | 0.772633 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.088267 | 0.019667 | 0.162033 | 0.269967 | 0.412333 | 0.520267 | 0.662633 |
| Camarilla | 0.235568 | 0.258512 | 0.281456 | 0.304400 | 0.327344 | 0.350288 | 0.373233 |
| Woodie | -0.071050 | 0.028275 | 0.179250 | 0.278575 | 0.429550 | 0.528875 | 0.679850 |
| Fibonacci | 0.019667 | 0.115281 | 0.174352 | 0.269967 | 0.365581 | 0.424652 | 0.520267 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 67.76 | |
| MACD (12,26,9): | 0.0417 | |
| Directional Movement: | 25.302484 | |
| AROON (14): | 92.857140 | |
| DEMA (21): | 0.758852 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.718470 | |
| Elder Ray (13): | 0.031695 | |
| Super Trend (3,10): | 0.678015 | |
| Zig ZAG (10): | 0.747800 | |
| VORTEX (21): | 1.2492 | |
| Stochastique (14,3,5): | 81.55 | |
| TEMA (21): | 0.773767 | |
| Williams %R (14): | -35.87 | |
| Chande Momentum Oscillator (20): | 0.046200 | |
| Repulse (5,40,3): | -1.5473 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.9522 | |
| Courbe Coppock: | 32.33 |
| MA7: | 0.623671 | |
| MA20: | 0.509525 | |
| MA50: | 0.369798 | |
| MA100: | 0.231280 | |
| MAexp7: | 0.746008 | |
| MAexp20: | 0.705039 | |
| MAexp50: | 0.647918 | |
| MAexp100: | 0.613537 | |
| Price / MA7: | +15.35% | |
| Price / MA20: | +41.19% | |
| Price / MA50: | +94.54% | |
| Price / MA100: | +211.05% | |
| Price / MAexp7: | -3.57% | |
| Price / MAexp20: | +2.04% | |
| Price / MAexp50: | +11.03% | |
| Price / MAexp100: | +17.25% |
Quotes :
2020-08-25 07:56:33
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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