AVALANCHE - AVAX/USDT - 15 min. - Technical analysis published on 02/18/2024 (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
67%
11%
22%
My opinion
Bullish above 39.53 USDT
My targets
40.67 USDT (+0.99%)
41.58 USDT (+3.25%)
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 39.53 USDT, a purchase could be considered. The first bullish objective is located at 40.67 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 41.58 USDT as an objective. Crossing it would then enable buyers to target 42.72 USDT. In the event of a return below 39.53 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, 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
6.4
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Additional analysis
Quotes
The AVALANCHE - AVAX/USDT price is 40.27 USDT. On the day, this instrument gained +1.28% with the lowest point at 38.99 USDT and the highest point at 40.28 USDT. The deviation from the price is +3.28% for the low point and -0.02% for the high point.38.99
40.28
40.27
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of AVALANCHE - AVAX/USDT indicates that the overall trend is bullish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 36.12 | 38.39 | 40.12 | 40.27 | 42.08 | 42.72 | 43.57 |
| Change (%) | -10.31% | -4.67% | -0.37% | - | +4.49% | +6.08% | +8.19% |
| Change | -4.15 | -1.88 | -0.15 | - | +1.81 | +2.45 | +3.30 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.57 | 37.48 | 38.62 | 39.53 | 40.67 | 41.58 | 42.72 |
| Camarilla | 39.20 | 39.38 | 39.57 | 39.76 | 39.95 | 40.14 | 40.32 |
| Woodie | 36.69 | 37.54 | 38.74 | 39.59 | 40.79 | 41.64 | 42.84 |
| Fibonacci | 37.48 | 38.26 | 38.75 | 39.53 | 40.31 | 40.80 | 41.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.40 | 35.39 | 37.58 | 40.57 | 42.76 | 45.75 | 47.94 |
| Camarilla | 38.34 | 38.81 | 39.29 | 39.76 | 40.24 | 40.71 | 41.19 |
| Woodie | 31.99 | 35.19 | 37.17 | 40.37 | 42.35 | 45.55 | 47.53 |
| Fibonacci | 35.39 | 37.37 | 38.60 | 40.57 | 42.55 | 43.78 | 45.75 |
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): | 57.19 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 5.30 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 39.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.05 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 39.58 | |
| Zig ZAG (10): | 40.07 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 59.37 | |
| TEMA (21): | 40.02 | |
| Williams %R (14): | -18.59 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.6400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.25 |
| MA7: | 40.65 | |
| MA20: | 37.58 | |
| MA50: | 36.13 | |
| MA100: | 33.20 | |
| MAexp7: | 39.94 | |
| MAexp20: | 39.84 | |
| MAexp50: | 39.72 | |
| MAexp100: | 39.82 | |
| Price / MA7: | -0.93% | |
| Price / MA20: | +7.16% | |
| Price / MA50: | +11.46% | |
| Price / MA100: | +21.30% | |
| Price / MAexp7: | +0.83% | |
| Price / MAexp20: | +1.08% | |
| Price / MAexp50: | +1.38% | |
| Price / MAexp100: | +1.13% |
Quotes :
-
Real time data
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