AMP - AMP/USD - 1H - Technical analysis published on 08/10/2022 (GMT)
- 121
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
83%
6%
11%
My opinion
Bearish under 0.008369 USD
My targets
0.008157 USD (-1.01%)
0.008071 USD (-2.05%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.008369 USD remains possible. It is advisable to trade AMP - AMP/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.008369 USD. The next bearish objective for sellers is set at 0.008157 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.008071 USD. In case of crossing, the next objective would be the support located at 0.008000 USD. PS: if there is a bullish break in the resistance located at 0.008369 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0
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 AMP - AMP/USD price is 0.008240 USD. The price registered a decrease of -0.10% on the session with the lowest point at 0.008100 USD and the highest point at 0.008348 USD. The deviation from the price is +1.73% for the low point and -1.29% for the high point.0.008100
0.008348
0.008240
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AMP - AMP/USD:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AMP - AMP/USD indicates that the overall trend is bearish. The signals given by moving averages are 64.29% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
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:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.008000 | 0.008071 | 0.008157 | 0.008240 | 0.008251 | 0.008369 | 0.008509 |
| Change (%) | -2.91% | -2.05% | -1.01% | - | +0.13% | +1.57% | +3.26% |
| Change | -0.000240 | -0.000169 | -0.000083 | - | +0.000011 | +0.000129 | +0.000269 |
| Level | Minor | Major | Intermediate | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007687 | 0.007867 | 0.008058 | 0.008238 | 0.008429 | 0.008609 | 0.008800 |
| Camarilla | 0.008146 | 0.008180 | 0.008214 | 0.008248 | 0.008282 | 0.008316 | 0.008350 |
| Woodie | 0.007692 | 0.007870 | 0.008063 | 0.008241 | 0.008434 | 0.008612 | 0.008805 |
| Fibonacci | 0.007867 | 0.008009 | 0.008097 | 0.008238 | 0.008380 | 0.008468 | 0.008609 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006064 | 0.006949 | 0.007644 | 0.008529 | 0.009224 | 0.010109 | 0.010804 |
| Camarilla | 0.007904 | 0.008048 | 0.008193 | 0.008338 | 0.008483 | 0.008628 | 0.008773 |
| Woodie | 0.005968 | 0.006902 | 0.007548 | 0.008482 | 0.009128 | 0.010062 | 0.010708 |
| Fibonacci | 0.006949 | 0.007553 | 0.007926 | 0.008529 | 0.009133 | 0.009506 | 0.010109 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004380 | 0.006212 | 0.007656 | 0.009488 | 0.010932 | 0.012764 | 0.014208 |
| Camarilla | 0.008199 | 0.008499 | 0.008800 | 0.009100 | 0.009400 | 0.009701 | 0.010001 |
| Woodie | 0.004186 | 0.006115 | 0.007462 | 0.009391 | 0.010738 | 0.012667 | 0.014014 |
| Fibonacci | 0.006212 | 0.007463 | 0.008237 | 0.009488 | 0.010739 | 0.011513 | 0.012764 |
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): | 57.73 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 8.192866 | |
| AROON (14): | 71.428572 | |
| DEMA (21): | 0.008201 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.008133 | |
| Elder Ray (13): | 0.000088 | |
| Super Trend (3,10): | 0.008114 | |
| Zig ZAG (10): | 0.008338 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 85.13 | |
| TEMA (21): | 0.008240 | |
| Williams %R (14): | -11.69 | |
| Chande Momentum Oscillator (20): | 0.000071 | |
| Repulse (5,40,3): | 1.1128 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0429 | |
| Courbe Coppock: | 1.59 |
| MA7: | 0.008330 | |
| MA20: | 0.008580 | |
| MA50: | 0.008932 | |
| MA100: | 0.010698 | |
| MAexp7: | 0.008243 | |
| MAexp20: | 0.008214 | |
| MAexp50: | 0.008253 | |
| MAexp100: | 0.008303 | |
| Price / MA7: | -1.08% | |
| Price / MA20: | -3.96% | |
| Price / MA50: | -7.75% | |
| Price / MA100: | -22.98% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | +0.32% | |
| Price / MAexp50: | -0.16% | |
| Price / MAexp100: | -0.76% |
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 AMP - AMP/USD - 1H