AAVE - AAVE/USD - 1H - Technical analysis published on 01/24/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 351.51 USD
My targets
364.55 USD (+2.88%)
382.64 USD (+7.98%)
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/USD as long as the price remains well above 351.51 USD. The buyers' bullish objective is set at 364.55 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 382.64 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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This analysis was given by Lukas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AAVE - AAVE/USD price is 354.36 USD. On the day, this instrument gained +5.00% and was traded between 328.12 USD and 357.58 USD over the period. The price is currently at +8.00% from its lowest and -0.90% from its highest.328.12
357.58
354.36
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of AAVE - AAVE/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 324.49 | 334.04 | 351.51 | 354.36 | 364.55 | 382.64 |
Change (%) | -8.43% | -5.73% | -0.80% | - | +2.88% | +7.98% |
Change | -29.87 | -20.32 | -2.85 | - | +10.19 | +28.28 |
Level | Intermediate | Minor | Intermediate | - | Intermediate | Major |
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 | 299.20 | 311.93 | 324.70 | 337.43 | 350.20 | 362.93 | 375.70 |
Camarilla | 330.47 | 332.81 | 335.14 | 337.48 | 339.82 | 342.16 | 344.49 |
Woodie | 299.23 | 311.94 | 324.73 | 337.44 | 350.23 | 362.94 | 375.73 |
Fibonacci | 311.93 | 321.67 | 327.69 | 337.43 | 347.17 | 353.19 | 362.93 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 181.28 | 218.75 | 266.96 | 304.43 | 352.64 | 390.11 | 438.32 |
Camarilla | 291.62 | 299.47 | 307.33 | 315.18 | 323.03 | 330.89 | 338.74 |
Woodie | 186.66 | 221.44 | 272.34 | 307.12 | 358.02 | 392.80 | 443.70 |
Fibonacci | 218.75 | 251.48 | 271.70 | 304.43 | 337.16 | 357.38 | 390.11 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 50.10 | 138.40 | 223.26 | 311.56 | 396.42 | 484.72 | 569.58 |
Camarilla | 260.50 | 276.37 | 292.25 | 308.12 | 323.99 | 339.87 | 355.74 |
Woodie | 48.38 | 137.54 | 221.54 | 310.70 | 394.70 | 483.86 | 567.86 |
Fibonacci | 138.40 | 204.55 | 245.41 | 311.56 | 377.71 | 418.57 | 484.72 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 56.85 | |
MACD (12,26,9): | 3.2000 | |
Directional Movement: | 8.36 | |
AROON (14): | 71.43 | |
DEMA (21): | 349.53 | |
Parabolic SAR (0,02-0,02-0,2): | 340.52 | |
Elder Ray (13): | 1.90 | |
Super Trend (3,10): | 333.78 | |
Zig ZAG (10): | 350.25 | |
VORTEX (21): | 1.1300 | |
Stochastique (14,3,5): | 72.80 | |
TEMA (21): | 353.30 | |
Williams %R (14): | -26.92 | |
Chande Momentum Oscillator (20): | 13.63 | |
Repulse (5,40,3): | 0.2900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1200 | |
Courbe Coppock: | 9.67 |
MA7: | 338.17 | |
MA20: | 317.13 | |
MA50: | 326.24 | |
MA100: | 249.29 | |
MAexp7: | 349.88 | |
MAexp20: | 345.74 | |
MAexp50: | 344.11 | |
MAexp100: | 342.11 | |
Price / MA7: | +4.79% | |
Price / MA20: | +11.74% | |
Price / MA50: | +8.62% | |
Price / MA100: | +42.15% | |
Price / MAexp7: | +1.42% | |
Price / MAexp20: | +2.63% | |
Price / MAexp50: | +3.12% | |
Price / MAexp100: | +3.72% |
Quotes :
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Real time data
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Cryptocompare
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