AVA (TRAVALA) - AVA/USDT - 1H - Technical analysis published on 09/10/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
28%
39%
33%
My opinion
Bullish above 4.03 USDT
My targets
4.25 USDT (+4.42%)
4.46 USDT (+9.51%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for TRAVALA - AVA/USDT as long as the price remains well above 4.03 USDT. The buyers' bullish objective is set at 4.25 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.46 USDT. If there is any crossing, the next objective would be the resistance located at 4.91 USDT. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 4.25 USDT. On this resistance, against the trend traders who would like to go short on TRAVALA - AVA/USDT with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
0.5
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Additional analysis
Quotes
TRAVALA - AVA/USDT rating 4.07 USDT. On the day, this instrument gained +4.09% and was between 3.78 USDT and 4.16 USDT. This implies that the price is at +7.67% from its lowest and at -2.16% from its highest.3.78
4.16
4.07
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of TRAVALA - AVA/USDT indicates that the overall trend is slightly bearish. 50.00% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.36 | 3.52 | 3.84 | 4.07 | 4.25 | 4.91 | 5.12 |
| Change (%) | -17.44% | -13.51% | -5.65% | - | +4.42% | +20.64% | +25.80% |
| Change | -0.71 | -0.55 | -0.23 | - | +0.18 | +0.84 | +1.05 |
| Level | Intermediate | Minor | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.31 | 3.56 | 3.74 | 3.99 | 4.17 | 4.42 | 4.60 |
| Camarilla | 3.79 | 3.83 | 3.87 | 3.91 | 3.95 | 3.99 | 4.03 |
| Woodie | 3.27 | 3.54 | 3.70 | 3.97 | 4.13 | 4.40 | 4.56 |
| Fibonacci | 3.56 | 3.73 | 3.83 | 3.99 | 4.16 | 4.26 | 4.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.21 | 2.64 | 3.12 | 3.55 | 4.03 | 4.46 | 4.94 |
| Camarilla | 3.36 | 3.44 | 3.53 | 3.61 | 3.69 | 3.78 | 3.86 |
| Woodie | 2.25 | 2.65 | 3.16 | 3.56 | 4.07 | 4.47 | 4.98 |
| Fibonacci | 2.64 | 2.98 | 3.20 | 3.55 | 3.89 | 4.11 | 4.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.37 | 1.20 | 2.31 | 3.14 | 4.25 | 5.08 | 6.19 |
| Camarilla | 2.89 | 3.06 | 3.24 | 3.42 | 3.60 | 3.78 | 3.95 |
| Woodie | 0.51 | 1.27 | 2.45 | 3.21 | 4.39 | 5.15 | 6.33 |
| Fibonacci | 1.20 | 1.94 | 2.40 | 3.14 | 3.88 | 4.34 | 5.08 |
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): | 49.46 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | 3.83 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 3.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.13 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 4.14 | |
| Zig ZAG (10): | 3.94 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 35.80 | |
| TEMA (21): | 3.90 | |
| Williams %R (14): | -65.17 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 0.72 |
| MA7: | 3.91 | |
| MA20: | 3.51 | |
| MA50: | 2.84 | |
| MA100: | 2.61 | |
| MAexp7: | 3.92 | |
| MAexp20: | 3.93 | |
| MAexp50: | 3.95 | |
| MAexp100: | 3.95 | |
| Price / MA7: | +4.09% | |
| Price / MA20: | +15.95% | |
| Price / MA50: | +43.31% | |
| Price / MA100: | +55.94% | |
| Price / MAexp7: | +3.83% | |
| Price / MAexp20: | +3.56% | |
| Price / MAexp50: | +3.04% | |
| Price / MAexp100: | +3.04% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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