AMPLEFORTH - AMPL/USD

- USD (-)

- Real time data - CoinMarketCap

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Change:	-
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Type:	Cryptocurrencies
Ticker:	AMPLUSD
ISIN:

AMPLEFORTH - AMPL/USD - Daily - Technical analysis published on 12/08/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 1.44 USD

My targets

1.69 USD (+14.19%)

2.06 USD (+39.19%)

My analysis

The bullish trend is currently very strong on AMPLEFORTH - AMPL/USD. As long as the price remains above the support at 1.44 USD, you could try to benefit from the boom. The first bullish objective is located at 1.69 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.06 USD as an objective. Crossing it would then enable buyers to target 3.80 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

9.1

Comment on the analysis

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 AMPLEFORTH - AMPL/USD rating is 1.48 USD. On the day, this instrument gained +8.82% and was between 1.34 USD and 1.48 USD. This implies that the price is at +10.45% from its lowest and at 0% from its highest.

1.34

1.48

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this AMPLEFORTH - AMPL/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.01	1.20	1.44	1.48	1.69	2.06	3.80
Change (%)	-31.76%	-18.92%	-2.70%	-	+14.19%	+39.19%	+156.76%
Change	-0.47	-0.28	-0.04	-	+0.21	+0.58	+2.32
Level	Major	Intermediate	Minor	-	Intermediate	Major	Minor

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	0.96	1.05	1.20	1.29	1.44	1.53	1.68
Camarilla	1.29	1.32	1.34	1.36	1.38	1.40	1.43
Woodie	1.00	1.07	1.24	1.31	1.48	1.55	1.72
Fibonacci	1.05	1.14	1.20	1.29	1.38	1.44	1.53

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.86	0.93	1.02	1.09	1.18	1.25	1.34
Camarilla	1.07	1.08	1.10	1.11	1.13	1.14	1.15
Woodie	0.87	0.94	1.03	1.10	1.19	1.26	1.35
Fibonacci	0.93	0.99	1.03	1.09	1.15	1.19	1.25

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.19	0.44	0.76	1.01	1.33	1.58	1.90
Camarilla	0.91	0.97	1.02	1.07	1.12	1.18	1.23
Woodie	0.22	0.46	0.79	1.03	1.36	1.60	1.93
Fibonacci	0.44	0.66	0.80	1.01	1.23	1.37	1.58

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):	76.27
MACD (12,26,9):	0.0600
Directional Movement:	35.07
AROON (14):	71.43
DEMA (21):	1.20
Parabolic SAR (0,02-0,02-0,2):	0.94
Elder Ray (13):	0.23
Super Trend (3,10):	1.17
Zig ZAG (10):	1.46
VORTEX (21):	1.2800
Stochastique (14,3,5):	95.58
TEMA (21):	1.27
Williams %R (14):	-2.75
Chande Momentum Oscillator (20):	0.44
Repulse (5,40,3):	26.0300
ROCnROLL:	1
TRIX (15,9):	0.2800
Courbe Coppock:	39.99

MA7:	1.21
MA20:	1.09
MA50:	1.08
MA100:	1.07
MAexp7:	1.25
MAexp20:	1.14
MAexp50:	1.10
MAexp100:	1.09
Price / MA7:	+22.31%
Price / MA20:	+35.78%
Price / MA50:	+37.04%
Price / MA100:	+38.32%
Price / MAexp7:	+18.40%
Price / MAexp20:	+29.82%
Price / MAexp50:	+34.55%
Price / MAexp100:	+35.78%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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