KAVA - KAVA/USDT - 1H - Technical analysis published on 01/05/2023 (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:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.628650 USDT
My targets
0.677000 USDT (+2.25%)
0.696200 USDT (+5.15%)
My analysis
The bullish trend is currently very strong on KAVA - KAVA/USDT. As long as the price remains above the support at 0.628650 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.677000 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.696200 USDT as an objective. Crossing it would then enable buyers to target 0.824029 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8
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Additional analysis
Quotes
The KAVA - KAVA/USDT rating is 0.662100 USDT. The price registered an increase of +5.41% on the session with the lowest point at 0.619400 USDT and the highest point at 0.675600 USDT. The deviation from the price is +6.89% for the low point and -2.00% for the high point.0.619400
0.675600
0.662100
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
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this KAVA - KAVA/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.608067 | 0.628650 | 0.659500 | 0.662100 | 0.677000 | 0.696200 | 0.824029 |
| Change (%) | -8.16% | -5.05% | -0.39% | - | +2.25% | +5.15% | +24.46% |
| Change | -0.054033 | -0.033450 | -0.002600 | - | +0.014900 | +0.034100 | +0.161929 |
| Level | Major | Minor | 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 | 0.567433 | 0.587767 | 0.607933 | 0.628267 | 0.648433 | 0.668767 | 0.688933 |
| Camarilla | 0.616963 | 0.620675 | 0.624388 | 0.628100 | 0.631813 | 0.635525 | 0.639238 |
| Woodie | 0.567350 | 0.587725 | 0.607850 | 0.628225 | 0.648350 | 0.668725 | 0.688850 |
| Fibonacci | 0.587767 | 0.603238 | 0.612796 | 0.628267 | 0.643738 | 0.653296 | 0.668767 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.382867 | 0.475133 | 0.524167 | 0.616433 | 0.665467 | 0.757733 | 0.806767 |
| Camarilla | 0.534343 | 0.547295 | 0.560248 | 0.573200 | 0.586153 | 0.599105 | 0.612058 |
| Woodie | 0.361250 | 0.464325 | 0.502550 | 0.605625 | 0.643850 | 0.746925 | 0.785150 |
| Fibonacci | 0.475133 | 0.529110 | 0.562457 | 0.616433 | 0.670410 | 0.703757 | 0.757733 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.037667 | 0.302533 | 0.437867 | 0.702733 | 0.838067 | 1.102933 | 1.238267 |
| Camarilla | 0.463145 | 0.499830 | 0.536515 | 0.573200 | 0.609885 | 0.646570 | 0.683255 |
| Woodie | -0.027100 | 0.270150 | 0.373100 | 0.670350 | 0.773300 | 1.070550 | 1.173500 |
| Fibonacci | 0.302533 | 0.455410 | 0.549857 | 0.702733 | 0.855610 | 0.950057 | 1.102933 |
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): | 65.74 | |
| MACD (12,26,9): | 0.0112 | |
| Directional Movement: | 28.118186 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.659229 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.649555 | |
| Elder Ray (13): | 0.014782 | |
| Super Trend (3,10): | 0.635765 | |
| Zig ZAG (10): | 0.662900 | |
| VORTEX (21): | 1.1808 | |
| Stochastique (14,3,5): | 80.43 | |
| TEMA (21): | 0.663888 | |
| Williams %R (14): | -24.19 | |
| Chande Momentum Oscillator (20): | 0.034800 | |
| Repulse (5,40,3): | -0.1063 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1751 | |
| Courbe Coppock: | 10.00 |
| MA7: | 0.595014 | |
| MA20: | 0.660875 | |
| MA50: | 0.788586 | |
| MA100: | 1.082218 | |
| MAexp7: | 0.659217 | |
| MAexp20: | 0.645932 | |
| MAexp50: | 0.628401 | |
| MAexp100: | 0.613597 | |
| Price / MA7: | +11.27% | |
| Price / MA20: | +0.19% | |
| Price / MA50: | -16.04% | |
| Price / MA100: | -38.82% | |
| Price / MAexp7: | +0.44% | |
| Price / MAexp20: | +2.50% | |
| Price / MAexp50: | +5.36% | |
| Price / MAexp100: | +7.90% |
Quotes :
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Real time data
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