ANCHOR PROTOCOL - ANC/USDT - Daily - Technical analysis published on 05/21/2022 (GMT)
- 304
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.089220 USDT
My targets
-
My analysis
ANCHOR PROTOCOL - ANC/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.089220 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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 mywong. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ANCHOR PROTOCOL - ANC/USDT price is 0.083820 USDT. The price is lower by -8.62% since the last closing and was traded between 0.077160 USDT and 0.092260 USDT over the period. The price is currently at +8.63% from its lowest and -9.15% from its highest.0.077160
0.092260
0.083820
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this ANCHOR PROTOCOL - ANC/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.083820 | 0.089220 | 1.333890 | 2.914400 |
| Change (%) | - | +6.44% | +1,491.37% | +3,376.97% |
| Change | - | +0.005400 | +1.250070 | +2.830580 |
| Level | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.070003 | 0.080137 | 0.085933 | 0.096067 | 0.101863 | 0.111997 | 0.117793 |
| Camarilla | 0.087349 | 0.088810 | 0.090270 | 0.091730 | 0.093190 | 0.094651 | 0.096111 |
| Woodie | 0.067835 | 0.079053 | 0.083765 | 0.094983 | 0.099695 | 0.110913 | 0.115625 |
| Fibonacci | 0.080137 | 0.086222 | 0.089981 | 0.096067 | 0.102152 | 0.105911 | 0.111997 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -2.061183 | -1.018627 | -0.377113 | 0.665443 | 1.306957 | 2.349513 | 2.991027 |
| Camarilla | -0.198719 | -0.044346 | 0.110027 | 0.264400 | 0.418773 | 0.573146 | 0.727519 |
| Woodie | -2.261705 | -1.118888 | -0.577635 | 0.565183 | 1.106435 | 2.249253 | 2.790505 |
| Fibonacci | -1.018627 | -0.375312 | 0.022129 | 0.665443 | 1.308758 | 1.706199 | 2.349513 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.889333 | 0.351333 | 0.972667 | 2.213333 | 2.834667 | 4.075333 | 4.696667 |
| Camarilla | 1.081950 | 1.252633 | 1.423317 | 1.594000 | 1.764683 | 1.935367 | 2.106050 |
| Woodie | -1.199000 | 0.196500 | 0.663000 | 2.058500 | 2.525000 | 3.920500 | 4.387000 |
| Fibonacci | 0.351333 | 1.062617 | 1.502049 | 2.213333 | 2.924617 | 3.364049 | 4.075333 |
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): | 22.41 | |
| MACD (12,26,9): | -0.5028 | |
| Directional Movement: | -28.724587 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.010299 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.499440 | |
| Elder Ray (13): | -0.296082 | |
| Super Trend (3,10): | 0.557804 | |
| Zig ZAG (10): | 0.085550 | |
| VORTEX (21): | 0.6612 | |
| Stochastique (14,3,5): | 3.44 | |
| TEMA (21): | 0.174586 | |
| Williams %R (14): | -96.34 | |
| Chande Momentum Oscillator (20): | -0.741280 | |
| Repulse (5,40,3): | -50.9485 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -4.5057 | |
| Courbe Coppock: | 183.49 |
| MA7: | 0.118853 | |
| MA20: | 0.781968 | |
| MA50: | 1.656627 | |
| MA100: | 2.336704 | |
| MAexp7: | 0.161706 | |
| MAexp20: | 0.646228 | |
| MAexp50: | 1.396855 | |
| MAexp100: | 1.943345 | |
| Price / MA7: | -29.48% | |
| Price / MA20: | -89.28% | |
| Price / MA50: | -94.94% | |
| Price / MA100: | -96.41% | |
| Price / MAexp7: | -48.17% | |
| Price / MAexp20: | -87.03% | |
| Price / MAexp50: | -94.00% | |
| Price / MAexp100: | -95.69% |
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 ANCHOR PROTOCOL - ANC/USDT - Daily