AKROPOLIS - AKRO/USDT - Daily - Technical analysis published on 08/04/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.016555 USDT
My targets
0.021129 USDT (+10.05%)
0.022975 USDT (+19.66%)
My analysis
The bullish trend is currently very strong on AKROPOLIS - AKRO/USDT. As long as the price remains above the support at 0.016555 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.021129 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.022975 USDT as an objective. Crossing it would then enable buyers to target 0.028049 USDT. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AKROPOLIS - AKRO/USDT rating is 0.019200 USDT. The price has increased by +2.78% since the last closing with the lowest point at 0.018620 USDT and the highest point at 0.019570 USDT. The deviation from the price is +3.11% for the low point and -1.89% for the high point.0.018620
0.019570
0.019200
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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 AKROPOLIS - AKRO/USDT in Daily shows a strongly overall bullish trend. 92.86% 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 scanner does not detect any result on moving averages that would impact this trend.
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
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.007610 | 0.010120 | 0.013250 | 0.019200 |
| Change (%) | -60.36% | -47.29% | -30.99% | - |
| Change | -0.011590 | -0.009080 | -0.005950 | - |
| Level | Intermediate | Intermediate | Major | - |
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 | 0.013393 | 0.015207 | 0.016943 | 0.018757 | 0.020493 | 0.022307 | 0.024043 |
| Camarilla | 0.017704 | 0.018029 | 0.018355 | 0.018680 | 0.019005 | 0.019331 | 0.019656 |
| Woodie | 0.013355 | 0.015188 | 0.016905 | 0.018738 | 0.020455 | 0.022288 | 0.024005 |
| Fibonacci | 0.015207 | 0.016563 | 0.017401 | 0.018757 | 0.020113 | 0.020951 | 0.022307 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002527 | 0.005951 | 0.012751 | 0.016175 | 0.022975 | 0.026399 | 0.033199 |
| Camarilla | 0.016738 | 0.017676 | 0.018613 | 0.019550 | 0.020487 | 0.021424 | 0.022362 |
| Woodie | 0.004214 | 0.006795 | 0.014438 | 0.017019 | 0.024662 | 0.027243 | 0.034886 |
| Fibonacci | 0.005951 | 0.009857 | 0.012270 | 0.016175 | 0.020081 | 0.022494 | 0.026399 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.006433 | -0.001859 | 0.005061 | 0.009635 | 0.016555 | 0.021129 | 0.028049 |
| Camarilla | 0.008819 | 0.009873 | 0.010926 | 0.011980 | 0.013034 | 0.014087 | 0.015141 |
| Woodie | -0.005261 | -0.001273 | 0.006233 | 0.010222 | 0.017727 | 0.021716 | 0.029221 |
| Fibonacci | -0.001859 | 0.002532 | 0.005245 | 0.009635 | 0.014026 | 0.016739 | 0.021129 |
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): | 74.65 | |
| MACD (12,26,9): | 0.0032 | |
| Directional Movement: | 37.422871 | |
| AROON (14): | 78.571430 | |
| DEMA (21): | 0.016566 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.012762 | |
| Elder Ray (13): | 0.004705 | |
| Super Trend (3,10): | 0.011072 | |
| Zig ZAG (10): | 0.019200 | |
| VORTEX (21): | 1.2610 | |
| Stochastique (14,3,5): | 78.43 | |
| TEMA (21): | 0.018226 | |
| Williams %R (14): | -20.91 | |
| Chande Momentum Oscillator (20): | 0.008270 | |
| Repulse (5,40,3): | 17.2777 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 5.0039 | |
| Courbe Coppock: | 151.67 |
| MA7: | 0.015631 | |
| MA20: | 0.012081 | |
| MA50: | 0.006931 | |
| MA100: | 0.004815 | |
| MAexp7: | 0.016567 | |
| MAexp20: | 0.012616 | |
| MAexp50: | 0.008619 | |
| MAexp100: | 0.006346 | |
| Price / MA7: | +22.83% | |
| Price / MA20: | +58.93% | |
| Price / MA50: | +177.02% | |
| Price / MA100: | +298.75% | |
| Price / MAexp7: | +15.89% | |
| Price / MAexp20: | +52.19% | |
| Price / MAexp50: | +122.76% | |
| Price / MAexp100: | +202.55% |
Quotes :
2020-08-04 15:12:23
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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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