AVALANCHE - AVAX/USDT - 15 min. - Technical analysis published on 02/17/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 40.64 USDT
My targets
39.49 USDT (-1.57%)
38.72 USDT (-3.49%)
My analysis
The bearish basic trend is very strong on AVALANCHE - AVAX/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 40.64 USDT. Crossing the first support at 39.49 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 38.72 USDT as an objective. Crossing it would then enable sellers to target 37.57 USDT. Caution, a return to above the resistance located at 40.64 USDT would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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This analysis was given by Matei21. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AVALANCHE - AVAX/USDT price is 40.12 USDT. The price is lower by -0.35% since the last closing and was traded between 39.57 USDT and 40.44 USDT over the period. The price is currently at +1.39% from its lowest and -0.79% from its highest.39.57
40.44
40.12
Here is a more detailed summary of the historical variations registered by AVALANCHE - AVAX/USDT:
Technical
Technical analysis of this 15 min. chart of AVALANCHE - AVAX/USDT indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found no further results concerning independent technical indicators.
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:
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Three black crows
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 36.12 | 38.39 | 40.12 | 40.12 | 42.08 | 42.72 | 43.57 |
| Change (%) | -9.97% | -4.31% | 0% | - | +4.89% | +6.48% | +8.60% |
| Change | -4.00 | -1.73 | 0 | - | +1.96 | +2.60 | +3.45 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.57 | 38.72 | 39.49 | 40.64 | 41.41 | 42.56 | 43.33 |
| Camarilla | 39.73 | 39.91 | 40.08 | 40.26 | 40.44 | 40.61 | 40.79 |
| Woodie | 37.38 | 38.63 | 39.30 | 40.55 | 41.22 | 42.47 | 43.14 |
| Fibonacci | 38.72 | 39.45 | 39.91 | 40.64 | 41.37 | 41.83 | 42.56 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.09 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -1.23 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 40.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.41 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 39.96 | |
| Zig ZAG (10): | 40.17 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 32.91 | |
| TEMA (21): | 40.31 | |
| Williams %R (14): | -86.53 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | -0.5000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.57 |
| MA7: | 40.66 | |
| MA20: | 37.41 | |
| MA50: | 36.13 | |
| MA100: | 32.95 | |
| MAexp7: | 40.24 | |
| MAexp20: | 40.25 | |
| MAexp50: | 40.46 | |
| MAexp100: | 40.84 | |
| Price / MA7: | -1.33% | |
| Price / MA20: | +7.24% | |
| Price / MA50: | +11.04% | |
| Price / MA100: | +21.76% | |
| Price / MAexp7: | -0.30% | |
| Price / MAexp20: | -0.32% | |
| Price / MAexp50: | -0.84% | |
| Price / MAexp100: | -1.76% |
Quotes :
-
Real time data
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