AVALANCHE - AVAX/USDT - 15 min. - Technical analysis published on 02/15/2024 (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:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 41.26 USDT
My targets
43.38 USDT (+0.89%)
44.55 USDT (+3.60%)
My analysis
AVALANCHE - AVAX/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 41.26 USDT. The next resistance located at 43.38 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 44.55 USDT. After this resistance, buyers could then target 46.67 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
8
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Additional analysis
Quotes
The AVALANCHE - AVAX/USDT price is 43.00 USDT. On the day, this instrument gained +1.85% and was between 41.40 USDT and 43.57 USDT. This implies that the price is at +3.86% from its lowest and at -1.31% from its highest.41.40
43.57
43.00
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
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 | 41.15 | 42.08 | 43.00 | 48.18 | 79.05 | 98.04 |
| Change (%) | -10.72% | -4.30% | -2.14% | - | +12.05% | +83.84% | +128.00% |
| Change | -4.61 | -1.85 | -0.92 | - | +5.18 | +36.05 | +55.04 |
| Level | Intermediate | Major | Minor | - | 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 | 36.80 | 37.97 | 40.09 | 41.26 | 43.38 | 44.55 | 46.67 |
| Camarilla | 41.32 | 41.62 | 41.92 | 42.22 | 42.52 | 42.82 | 43.13 |
| Woodie | 37.29 | 38.21 | 40.58 | 41.50 | 43.87 | 44.79 | 47.16 |
| Fibonacci | 37.97 | 39.22 | 40.00 | 41.26 | 42.51 | 43.29 | 44.55 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 63.90 | |
| MACD (12,26,9): | 0.3100 | |
| Directional Movement: | 21.69 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 43.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 42.87 | |
| Elder Ray (13): | 0.32 | |
| Super Trend (3,10): | 42.28 | |
| Zig ZAG (10): | 43.19 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 80.52 | |
| TEMA (21): | 43.28 | |
| Williams %R (14): | -26.31 | |
| Chande Momentum Oscillator (20): | 0.73 | |
| Repulse (5,40,3): | -0.3900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 4.80 |
| MA7: | 40.55 | |
| MA20: | 36.87 | |
| MA50: | 36.15 | |
| MA100: | 32.42 | |
| MAexp7: | 43.08 | |
| MAexp20: | 42.74 | |
| MAexp50: | 42.36 | |
| MAexp100: | 41.93 | |
| Price / MA7: | +6.04% | |
| Price / MA20: | +16.63% | |
| Price / MA50: | +18.95% | |
| Price / MA100: | +32.63% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | +0.61% | |
| Price / MAexp50: | +1.51% | |
| Price / MAexp100: | +2.55% |
Quotes :
-
Real time data
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