AVALANCHE - AVAX/USD

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Type:	Cryptocurrencies
Ticker:	AVAXUSD
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AVALANCHE - AVAX/USD - 1H - Technical analysis published on 01/19/2025 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

67%

33%

My opinion

Bearish under 41.18 USD

My targets

37.76 USD (-3.08%)

35.79 USD (-8.14%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 41.18 USD remains possible. It is advisable to trade AVALANCHE - AVAX/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 41.18 USD. The next bearish objective for sellers is set at 37.76 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 35.79 USD. In case of crossing, the next objective would be the support located at 32.86 USD. PS: if there is a bullish break in the resistance located at 41.18 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.4

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AVALANCHE - AVAX/USD price is 38.96 USD. On the day, this instrument lost -0.61% with the lowest point at 36.35 USD and the highest point at 40.54 USD. The deviation from the price is +7.18% for the low point and -3.90% for the high point.

36.35

40.54

38.96

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

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

Technical

A technical analysis in 1H of this AVALANCHE - AVAX/USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	32.86	35.79	37.76	38.96	41.18	44.08	48.23
Change (%)	-15.66%	-8.14%	-3.08%	-	+5.70%	+13.14%	+23.79%
Change	-6.10	-3.17	-1.20	-	+2.22	+5.12	+9.27
Level	Minor	Major	Minor	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.32	36.31	37.75	39.74	41.18	43.17	44.61
Camarilla	38.26	38.57	38.89	39.20	39.51	39.83	40.14
Woodie	34.06	36.17	37.49	39.60	40.92	43.03	44.35
Fibonacci	36.31	37.62	38.43	39.74	41.05	41.86	43.17

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.11	28.99	34.09	37.97	43.07	46.95	52.05
Camarilla	36.73	37.55	38.38	39.20	40.02	40.85	41.67
Woodie	25.73	29.30	34.71	38.28	43.69	47.26	52.67
Fibonacci	28.99	32.42	34.54	37.97	41.40	43.52	46.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.21	19.39	27.53	41.71	49.85	64.03	72.17
Camarilla	29.54	31.59	33.63	35.68	37.73	39.77	41.82
Woodie	2.20	17.88	24.52	40.20	46.84	62.52	69.16
Fibonacci	19.39	27.91	33.18	41.71	50.23	55.50	64.03

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):	50.78
MACD (12,26,9):	-0.1600
Directional Movement:	-4.84
AROON (14):	-35.71
DEMA (21):	38.26
Parabolic SAR (0,02-0,02-0,2):	36.61
Elder Ray (13):	0.23
Super Trend (3,10):	39.05
Zig ZAG (10):	38.80
VORTEX (21):	0.9900
Stochastique (14,3,5):	79.78
TEMA (21):	38.43
Williams %R (14):	-12.14
Chande Momentum Oscillator (20):	1.27
Repulse (5,40,3):	1.1400
ROCnROLL:	-1
TRIX (15,9):	-0.1200
Courbe Coppock:	2.19

MA7:	38.73
MA20:	38.92
MA50:	42.58
MA100:	37.02
MAexp7:	38.60
MAexp20:	38.54
MAexp50:	38.98
MAexp100:	38.95
Price / MA7:	+0.59%
Price / MA20:	+0.10%
Price / MA50:	-8.50%
Price / MA100:	+5.24%
Price / MAexp7:	+0.93%
Price / MAexp20:	+1.09%
Price / MAexp50:	-0.05%
Price / MAexp100:	+0.03%

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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