AAVE - AAVE/BTC
AAVE - AAVE/BTC
- BTC (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: AAVEBTC
ISIN:

AAVE - AAVE/BTC - 1H - Technical analysis published on 02/08/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 0.004085 BTC
My targets
0.004201 BTC (+1.25%)
0.004313 BTC (+3.95%)
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 - AAVE/BTC as long as the price remains well above 0.004085 BTC. The buyers' bullish objective is set at 0.004201 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.004313 BTC. If there is any crossing, the next objective would be the resistance located at 0.004745 BTC. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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
6.6

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 Rom_bitc. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AAVE - AAVE/BTC price is 0.004149 BTC. The price is lower by -0.02% since the last closing and was traded between 0.004046 BTC and 0.004284 BTC over the period. The price is currently at +2.55% from its lowest and -3.15% from its highest.

0.004046
0.004284
0.004149

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of AAVE - AAVE/BTC in 1H shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.003997 0.004085 0.004135 0.004149 0.004201 0.004313 0.004745
Change (%) -3.66% -1.54% -0.34% - +1.25% +3.95% +14.36%
Change -0.000152 -0.000064 -0.000014 - +0.000052 +0.000164 +0.000596
Level Intermediate Intermediate Minor - 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
Standard0.0039290.0040020.0040760.0041490.0042230.0042960.004370
Camarilla0.0041100.0041230.0041370.0041500.0041640.0041770.004190
Woodie0.0039300.0040020.0040770.0041490.0042240.0042960.004371
Fibonacci0.0040020.0040580.0040930.0041490.0042050.0042400.004296


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0033410.0035940.0038060.0040590.0042710.0045240.004736
Camarilla0.0038890.0039320.0039740.0040170.0040600.0041020.004145
Woodie0.0033200.0035840.0037850.0040490.0042500.0045140.004715
Fibonacci0.0035940.0037720.0038820.0040590.0042370.0043470.004524


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0010340.0024380.0032670.0046710.0055000.0069040.007733
Camarilla0.0034830.0036880.0038920.0040970.0043020.0045060.004711
Woodie0.0007480.0022940.0029810.0045270.0052140.0067600.007447
Fibonacci0.0024380.0032910.0038180.0046710.0055240.0060510.006904

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): 54.55
MACD (12,26,9): 0.0000
Directional Movement: 4.609994
AROON (14): -57.142857
DEMA (21): 0.004108
Parabolic SAR (0,02-0,02-0,2): 0.004046
Elder Ray (13): 0.000030
Super Trend (3,10): 0.004206
Zig ZAG (10): 0.004155
VORTEX (21): 1.0151
Stochastique (14,3,5): 39.72
TEMA (21): 0.004091
Williams %R (14): -37.06
Chande Momentum Oscillator (20): 0.000017
Repulse (5,40,3): 1.3723
ROCnROLL: 1
TRIX (15,9): -0.0482
Courbe Coppock: 5.07
MA7: 0.004090
MA20: 0.004158
MA50: 0.004776
MA100: 0.004589
MAexp7: 0.004108
MAexp20: 0.004125
MAexp50: 0.004130
MAexp100: 0.004118
Price / MA7: +1.44%
Price / MA20: -0.22%
Price / MA50: -13.13%
Price / MA100: -9.59%
Price / MAexp7: +1.00%
Price / MAexp20: +0.58%
Price / MAexp50: +0.46%
Price / MAexp100: +0.75%

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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