WAVES - WAVES/USD
40.62
USD
(-3.08%)
03/28/2025 - 19:59
Closed Real time data - CoinMarketCap
| Open: | 41.40 |
| Change: | -1.29 |
| Volume: | 4,640,234 |
| Low: | 40.49 |
| High: | 41.99 |
| High / Low range: | 1.50 |
| Type: | Cryptocurrencies |
| Ticker: | WAVESUSD |
| ISIN: |
WAVES - WAVES/USD - 1H - Technical analysis published on 05/15/2024 (GMT)
- 124
- 0
- 05/15/2024 - 05:20
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- Timeframe : 1H
- - Analysis generated on 05/15/2024 - 05:20
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 2.36 USD
My targets
2.44 USD (+2.52%)
2.65 USD (+11.34%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WAVES - WAVES/USD as long as the price remains well above 2.36 USD. The buyers' bullish objective is set at 2.44 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.65 USD. If there is any crossing, the next objective would be the resistance located at 2.98 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.4
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 price is 2.38 USD. On the day, this instrument gained +3.03% and was traded between 2.29 USD and 2.39 USD over the period. The price is currently at +3.93% from its lowest and -0.42% from its highest.2.29
2.39
2.38
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of WAVES - WAVES/USD in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact 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 | 2.26 | 2.32 | 2.36 | 2.38 | 2.39 | 2.44 | 2.65 |
| Change (%) | -5.04% | -2.52% | -0.84% | - | +0.42% | +2.52% | +11.34% |
| Change | -0.12 | -0.06 | -0.02 | - | +0.01 | +0.06 | +0.27 |
| Level | Major | Major | Minor | - | Minor | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.16 | 2.20 | 2.25 | 2.29 | 2.34 | 2.38 | 2.43 |
| Camarilla | 2.29 | 2.29 | 2.30 | 2.31 | 2.32 | 2.33 | 2.34 |
| Woodie | 2.18 | 2.20 | 2.27 | 2.29 | 2.36 | 2.38 | 2.45 |
| Fibonacci | 2.20 | 2.23 | 2.25 | 2.29 | 2.32 | 2.34 | 2.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.93 | 2.08 | 2.19 | 2.34 | 2.45 | 2.60 | 2.71 |
| Camarilla | 2.22 | 2.24 | 2.27 | 2.29 | 2.31 | 2.34 | 2.36 |
| Woodie | 1.90 | 2.07 | 2.16 | 2.33 | 2.42 | 2.59 | 2.68 |
| Fibonacci | 2.08 | 2.18 | 2.24 | 2.34 | 2.44 | 2.50 | 2.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.72 | 0.66 | 1.46 | 2.84 | 3.64 | 5.02 | 5.82 |
| Camarilla | 1.66 | 1.86 | 2.06 | 2.26 | 2.46 | 2.66 | 2.86 |
| Woodie | -1.01 | 0.52 | 1.17 | 2.70 | 3.35 | 4.88 | 5.53 |
| Fibonacci | 0.66 | 1.49 | 2.01 | 2.84 | 3.67 | 4.19 | 5.02 |
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): | 74.18 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 11.39 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 2.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.30 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 2.30 | |
| Zig ZAG (10): | 2.37 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 76.92 | |
| TEMA (21): | 2.36 | |
| Williams %R (14): | -15.38 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 1.0800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 6.02 |
| MA7: | 2.32 | |
| MA20: | 2.36 | |
| MA50: | 2.74 | |
| MA100: | 2.86 | |
| MAexp7: | 2.35 | |
| MAexp20: | 2.32 | |
| MAexp50: | 2.30 | |
| MAexp100: | 2.30 | |
| Price / MA7: | +2.59% | |
| Price / MA20: | +0.85% | |
| Price / MA50: | -13.14% | |
| Price / MA100: | -16.78% | |
| Price / MAexp7: | +1.28% | |
| Price / MAexp20: | +2.59% | |
| Price / MAexp50: | +3.48% | |
| Price / MAexp100: | +3.48% |
Quotes :
05/15/2024 - 05:19
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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.
About author
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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…
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