WAVES - WAVES/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	WAVESUSDT
ISIN:

WAVES - WAVES/USDT - Daily - Technical analysis published on 07/29/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

17%

My opinion

Bullish above 14.28 USDT

My targets

15.57 USDT (+0.08%)

18.34 USDT (+17.87%)

My analysis

WAVES - WAVES/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 14.28 USDT. The next resistance located at 15.57 USDT is the next bullish target 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 18.34 USDT. After this resistance, buyers could then target 30.88 USDT.

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

5.9

Comment on the analysis

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.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

WAVES - WAVES/USDT rating 15.56 USDT. The price registered a decrease of -0.32% on the session with the lowest point at 15.22 USDT and the highest point at 15.96 USDT. The deviation from the price is +2.23% for the low point and -2.51% for the high point.

15.22

15.96

15.56

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 WAVES - WAVES/USDT:

Technical

Technical analysis of WAVES - WAVES/USDT in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.25	8.96	12.49	15.56	18.34	30.88	33.32
Change (%)	-72.69%	-42.42%	-19.73%	-	+17.87%	+98.46%	+114.14%
Change	-11.31	-6.60	-3.07	-	+2.78	+15.32	+17.76
Level	Intermediate	Intermediate	Major	-	Intermediate	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	12.24	13.47	14.54	15.77	16.84	18.07	19.14
Camarilla	14.98	15.19	15.40	15.61	15.82	16.03	16.24
Woodie	12.16	13.43	14.46	15.73	16.76	18.03	19.06
Fibonacci	13.47	14.35	14.89	15.77	16.65	17.19	18.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.86	9.77	12.37	14.28	16.88	18.79	21.39
Camarilla	13.74	14.15	14.57	14.98	15.39	15.81	16.22
Woodie	8.22	9.94	12.73	14.45	17.24	18.96	21.75
Fibonacci	9.77	11.49	12.55	14.28	16.00	17.06	18.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.64	8.03	12.18	15.57	19.72	23.11	27.26
Camarilla	14.25	14.94	15.63	16.32	17.01	17.70	18.39
Woodie	5.01	8.22	12.55	15.76	20.09	23.30	27.63
Fibonacci	8.03	10.91	12.69	15.57	18.45	20.23	23.11

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):	56.96
MACD (12,26,9):	0.1200
Directional Movement:	16.94
AROON (14):	50.00
DEMA (21):	14.52
Parabolic SAR (0,02-0,02-0,2):	12.49
Elder Ray (13):	0.80
Super Trend (3,10):	15.90
Zig ZAG (10):	15.59
VORTEX (21):	1.0200
Stochastique (14,3,5):	73.75
TEMA (21):	15.11
Williams %R (14):	-24.39
Chande Momentum Oscillator (20):	2.53
Repulse (5,40,3):	3.1900
ROCnROLL:	1
TRIX (15,9):	-0.2100
Courbe Coppock:	19.97

MA7:	15.14
MA20:	13.99
MA50:	14.77
MA100:	18.17
MAexp7:	15.04
MAexp20:	14.54
MAexp50:	15.10
MAexp100:	15.52
Price / MA7:	+2.77%
Price / MA20:	+11.22%
Price / MA50:	+5.35%
Price / MA100:	-14.36%
Price / MAexp7:	+3.46%
Price / MAexp20:	+7.02%
Price / MAexp50:	+3.05%
Price / MAexp100:	+0.26%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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