AVALANCHE - AVAX/USDT - 15 min. - Technical analysis published on 02/14/2024 (GMT)
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- Timeframe : 15 min.
- - 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:
Bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 40.11 USDT
My targets
42.93 USDT (+3.59%)
44.15 USDT (+6.55%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on AVALANCHE - AVAX/USDT. This is a positive signal for buyers. As long as the price remains above 40.11 USDT, a purchase could be considered. The first bullish objective is located at 42.93 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 44.15 USDT as an objective. Crossing it would then enable buyers to target 48.18 USDT. In the event of a return below 40.11 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
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Additional analysis
Quotes
The AVALANCHE - AVAX/USDT rating is 41.44 USDT. The price has increased by +4.28% since the last closing and was between 39.13 USDT and 41.89 USDT. This implies that the price is at +5.90% from its lowest and at -1.07% from its highest.39.13
41.89
41.44
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AVALANCHE - AVAX/USDT in 15 min. shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 38.39 | 40.12 | 41.18 | 41.44 | 42.08 | 48.18 | 79.05 |
| Change (%) | -7.36% | -3.19% | -0.63% | - | +1.54% | +16.26% | +90.76% |
| Change | -3.05 | -1.32 | -0.26 | - | +0.64 | +6.74 | +37.61 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Minor |
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 | 35.69 | 37.29 | 38.51 | 40.11 | 41.33 | 42.93 | 44.15 |
| Camarilla | 38.97 | 39.22 | 39.48 | 39.74 | 40.00 | 40.26 | 40.52 |
| Woodie | 35.51 | 37.20 | 38.33 | 40.02 | 41.15 | 42.84 | 43.97 |
| Fibonacci | 37.29 | 38.36 | 39.03 | 40.11 | 41.18 | 41.85 | 42.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.13 | 30.89 | 35.55 | 38.31 | 42.97 | 45.73 | 50.39 |
| Camarilla | 38.16 | 38.84 | 39.52 | 40.20 | 40.88 | 41.56 | 42.24 |
| Woodie | 29.07 | 31.37 | 36.49 | 38.79 | 43.91 | 46.21 | 51.33 |
| Fibonacci | 30.89 | 33.73 | 35.48 | 38.31 | 41.15 | 42.90 | 45.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.61 | 18.42 | 25.80 | 34.61 | 41.99 | 50.80 | 58.18 |
| Camarilla | 28.72 | 30.20 | 31.69 | 33.17 | 34.65 | 36.14 | 37.62 |
| Woodie | 8.89 | 18.06 | 25.08 | 34.25 | 41.27 | 50.44 | 57.46 |
| Fibonacci | 18.42 | 24.61 | 28.43 | 34.61 | 40.80 | 44.62 | 50.80 |
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): | 70.68 | |
| MACD (12,26,9): | 0.5200 | |
| Directional Movement: | 25.84 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 41.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 41.89 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 40.85 | |
| Zig ZAG (10): | 41.19 | |
| VORTEX (21): | 1.2800 | |
| Stochastique (14,3,5): | 77.55 | |
| TEMA (21): | 41.69 | |
| Williams %R (14): | -27.27 | |
| Chande Momentum Oscillator (20): | 1.49 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 8.40 |
| MA7: | 39.35 | |
| MA20: | 36.29 | |
| MA50: | 36.12 | |
| MA100: | 32.11 | |
| MAexp7: | 41.35 | |
| MAexp20: | 40.77 | |
| MAexp50: | 40.23 | |
| MAexp100: | 40.09 | |
| Price / MA7: | +5.31% | |
| Price / MA20: | +14.19% | |
| Price / MA50: | +14.73% | |
| Price / MA100: | +29.06% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +1.64% | |
| Price / MAexp50: | +3.01% | |
| Price / MAexp100: | +3.37% |
Quotes :
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Real time data
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