WAVES - WAVES/USD - 1H - Technical analysis published on 02/22/2023 (GMT)
- 203
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
56%
17%
28%
My opinion
Neutral between 2.69 USD and 2.81 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on WAVES - WAVES/USD. It is difficult to advise a trading direction under these conditions. The first support is located at 2.69 USD. The first resistance is located at 2.81 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WAVES - WAVES/USD rating is 2.78 USD. The price is lower by -0.36% since the last closing with the lowest point at 2.67 USD and the highest point at 2.81 USD. The deviation from the price is +4.12% for the low point and -1.07% for the high point.2.67
2.81
2.78
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this WAVES - WAVES/USD chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.42 | 2.60 | 2.69 | 2.78 | 2.81 | 2.90 | 3.04 |
| Change (%) | -12.95% | -6.47% | -3.24% | - | +1.08% | +4.32% | +9.35% |
| Change | -0.36 | -0.18 | -0.09 | - | +0.03 | +0.12 | +0.26 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.35 | 2.54 | 2.67 | 2.86 | 2.99 | 3.18 | 3.31 |
| Camarilla | 2.70 | 2.73 | 2.76 | 2.79 | 2.82 | 2.85 | 2.88 |
| Woodie | 2.31 | 2.53 | 2.63 | 2.85 | 2.95 | 3.17 | 3.27 |
| Fibonacci | 2.54 | 2.67 | 2.74 | 2.86 | 2.99 | 3.06 | 3.18 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.76 | 1.98 | 2.30 | 2.52 | 2.84 | 3.06 | 3.38 |
| Camarilla | 2.47 | 2.52 | 2.57 | 2.62 | 2.67 | 2.72 | 2.77 |
| Woodie | 1.81 | 2.01 | 2.35 | 2.55 | 2.89 | 3.09 | 3.43 |
| Fibonacci | 1.98 | 2.19 | 2.31 | 2.52 | 2.73 | 2.85 | 3.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.09 | 0.62 | 1.55 | 2.26 | 3.19 | 3.90 | 4.83 |
| Camarilla | 2.03 | 2.18 | 2.33 | 2.48 | 2.63 | 2.78 | 2.93 |
| Woodie | 0.02 | 0.68 | 1.66 | 2.32 | 3.30 | 3.96 | 4.94 |
| Fibonacci | 0.62 | 1.25 | 1.63 | 2.26 | 2.89 | 3.27 | 3.90 |
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): | 44.54 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -13.25 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 2.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.68 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 2.84 | |
| Zig ZAG (10): | 2.76 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 2.72 | |
| Williams %R (14): | -35.71 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | -0.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2300 | |
| Courbe Coppock: | 3.08 |
| MA7: | 2.76 | |
| MA20: | 2.64 | |
| MA50: | 2.31 | |
| MA100: | 2.12 | |
| MAexp7: | 2.75 | |
| MAexp20: | 2.77 | |
| MAexp50: | 2.82 | |
| MAexp100: | 2.80 | |
| Price / MA7: | +0.72% | |
| Price / MA20: | +5.30% | |
| Price / MA50: | +20.35% | |
| Price / MA100: | +31.13% | |
| Price / MAexp7: | +1.09% | |
| Price / MAexp20: | +0.36% | |
| Price / MAexp50: | -1.42% | |
| Price / MAexp100: | -0.71% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis WAVES - WAVES/USD - 1H