ALGORAND - ALGO/USD - 1H - Technical analysis published on 09/18/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Additional analysis
Quotes
The ALGORAND - ALGO/USD price is 0.343200 USD. The price registered a decrease of -3.73% on the session with the lowest point at 0.342100 USD and the highest point at 0.363100 USD. The deviation from the price is +0.32% for the low point and -5.48% for the high point.Here is a more detailed summary of the historical variations registered by ALGORAND - ALGO/USD:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this ALGORAND - ALGO/USD chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.204414 | 0.248753 | 0.342300 | 0.343200 | 0.357500 | 0.390140 | 0.417800 |
Change (%) | -40.44% | -27.52% | -0.26% | - | +4.17% | +13.68% | +21.74% |
Change | -0.138786 | -0.094447 | -0.000900 | - | +0.014300 | +0.046940 | +0.074600 |
Level | Intermediate | Intermediate | Major | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.312900 | 0.329500 | 0.343000 | 0.359600 | 0.373100 | 0.389700 | 0.403200 |
Camarilla | 0.348223 | 0.350982 | 0.353741 | 0.356500 | 0.359259 | 0.362018 | 0.364778 |
Woodie | 0.311350 | 0.328725 | 0.341450 | 0.358825 | 0.371550 | 0.388925 | 0.401650 |
Fibonacci | 0.329500 | 0.340998 | 0.348102 | 0.359600 | 0.371098 | 0.378202 | 0.389700 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.206467 | 0.262733 | 0.335867 | 0.392133 | 0.465267 | 0.521533 | 0.594667 |
Camarilla | 0.373415 | 0.385277 | 0.397138 | 0.409000 | 0.420862 | 0.432723 | 0.444585 |
Woodie | 0.214900 | 0.266950 | 0.344300 | 0.396350 | 0.473700 | 0.525750 | 0.603100 |
Fibonacci | 0.262733 | 0.312164 | 0.342703 | 0.392133 | 0.441564 | 0.472103 | 0.521533 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.225967 | 0.023967 | 0.263133 | 0.513067 | 0.752233 | 1.002167 | 1.241333 |
Camarilla | 0.367798 | 0.412632 | 0.457466 | 0.502300 | 0.547134 | 0.591968 | 0.636803 |
Woodie | -0.231350 | 0.021275 | 0.257750 | 0.510375 | 0.746850 | 0.999475 | 1.235950 |
Fibonacci | 0.023967 | 0.210803 | 0.326231 | 0.513067 | 0.699903 | 0.815331 | 1.002167 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
RSI (14): | 47.74 | |
MACD (12,26,9): | -0.0010 | |
Directional Movement: | 3.696811 | |
AROON (14): | 42.857140 | |
DEMA (21): | 0.353685 | |
Parabolic SAR (0,02-0,02-0,2): | 0.363177 | |
Elder Ray (13): | -0.000443 | |
Super Trend (3,10): | 0.366975 | |
Zig ZAG (10): | 0.353600 | |
VORTEX (21): | 0.9684 | |
Stochastique (14,3,5): | 48.91 | |
TEMA (21): | 0.353167 | |
Williams %R (14): | -58.13 | |
Chande Momentum Oscillator (20): | -0.004700 | |
Repulse (5,40,3): | -1.1282 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0327 | |
Courbe Coppock: | 2.83 |
MA7: | 0.370286 | |
MA20: | 0.399805 | |
MA50: | 0.459070 | |
MA100: | 0.362401 | |
MAexp7: | 0.354029 | |
MAexp20: | 0.354916 | |
MAexp50: | 0.356932 | |
MAexp100: | 0.362109 | |
Price / MA7: | -7.31% | |
Price / MA20: | -14.16% | |
Price / MA50: | -25.24% | |
Price / MA100: | -5.30% | |
Price / MAexp7: | -3.06% | |
Price / MAexp20: | -3.30% | |
Price / MAexp50: | -3.85% | |
Price / MAexp100: | -5.22% |
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