WAVES - WAVES/USDT

2.205 USDT (-7.35%)

03/31/2025 - 13:38 Open Real time data - CoinMarketCap

Open:	2.330
Change:	-0.175
Volume:	384,469

Low:	2.180
High:	2.340
High / Low range:	0.160

Type:	Cryptocurrencies
Ticker:	WAVESUSDT
ISIN:

WAVES - WAVES/USDT - Daily - Technical analysis published on 10/16/2022 (GMT)

184
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10/16/2022 - 18:04
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Londinia

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Timeframe : Daily
- Analysis generated on 10/16/2022 - 18:04
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

44%

28%

My opinion

Bearish under 4.26 USDT

My targets

3.25 USDT (-8.37%)

2.69 USDT (-24.31%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WAVES - WAVES/USDT as long as the price remains well below 4.26 USDT. The sellers' bearish objective is set at 3.25 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.69 USDT. In case of crossing, the next objective would be the support located at 1.68 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.5

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

The WAVES - WAVES/USDT rating is 3.55 USDT. The price registered an increase of +8.23% on the session with the lowest point at 3.28 USDT and the highest point at 3.64 USDT. The deviation from the price is +8.23% for the low point and -2.47% for the high point.

3.28

3.64

3.55

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

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of WAVES - WAVES/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish 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 technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	3.55	4.42	15.46	22.30
Change (%)	-	+24.51%	+335.49%	+528.17%
Change	-	+0.87	+11.91	+18.75
Level	-	Intermediate	Minor	Intermediate

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
Standard	3.19	3.23	3.25	3.29	3.31	3.35	3.37
Camarilla	3.26	3.27	3.28	3.28	3.29	3.29	3.30
Woodie	3.19	3.23	3.25	3.29	3.31	3.35	3.37
Fibonacci	3.23	3.25	3.26	3.29	3.31	3.32	3.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.37	2.75	3.02	3.40	3.67	4.05	4.32
Camarilla	3.10	3.16	3.22	3.28	3.34	3.40	3.46
Woodie	2.31	2.72	2.96	3.37	3.61	4.02	4.26
Fibonacci	2.75	3.00	3.16	3.40	3.65	3.81	4.05

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.68	2.69	3.25	4.26	4.82	5.83	6.39
Camarilla	3.39	3.53	3.68	3.82	3.96	4.11	4.25
Woodie	1.47	2.58	3.04	4.15	4.61	5.72	6.18
Fibonacci	2.69	3.29	3.66	4.26	4.86	5.23	5.83

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):	40.85
MACD (12,26,9):	-0.2100
Directional Movement:	-9.85
AROON (14):	-50.00
DEMA (21):	3.38
Parabolic SAR (0,02-0,02-0,2):	3.77
Elder Ray (13):	-0.10
Super Trend (3,10):	3.78
Zig ZAG (10):	3.56
VORTEX (21):	0.8200
Stochastique (14,3,5):	29.79
TEMA (21):	3.39
Williams %R (14):	-47.65
Chande Momentum Oscillator (20):	-0.29
Repulse (5,40,3):	6.2800
ROCnROLL:	-1
TRIX (15,9):	-0.7100
Courbe Coppock:	18.86

MA7:	3.43
MA20:	3.67
MA50:	4.08
MA100:	4.77
MAexp7:	3.47
MAexp20:	3.66
MAexp50:	4.11
MAexp100:	5.25
Price / MA7:	+3.50%
Price / MA20:	-3.27%
Price / MA50:	-12.99%
Price / MA100:	-25.58%
Price / MAexp7:	+2.31%
Price / MAexp20:	-3.01%
Price / MAexp50:	-13.63%
Price / MAexp100:	-32.38%

Quotes : 10/16/2022 - 18:03 - Real time data - Cryptocompare

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

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