AMP - AMP/USD - 1H - Technical analysis published on 08/29/2022 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 0.006525 USD
My targets
0.006180 USD (-2.98%)
0.005760 USD (-9.58%)
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 0.006525 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 0.006525 USD. The next bearish objective for sellers is set at 0.006180 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.005760 USD. In case of crossing, the next objective would be the support located at 0.005010 USD. PS: if there is a bullish break in the resistance located at 0.006525 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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.3
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Additional analysis
Quotes
The AMP - AMP/USD price is 0.006370 USD. The price is lower by -0.78% since the last closing and was between 0.006210 USD and 0.006480 USD. This implies that the price is at +2.58% from its lowest and at -1.70% from its highest.0.006210
0.006480
0.006370
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AMP - AMP/USD:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AMP - AMP/USD chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Momentum 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
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.006370 | 0.006770 | 0.007015 | 0.007278 |
| Change (%) | - | +6.28% | +10.13% | +14.25% |
| Change | - | +0.000400 | +0.000645 | +0.000908 |
| Level | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006120 | 0.006260 | 0.006340 | 0.006480 | 0.006560 | 0.006700 | 0.006780 |
| Camarilla | 0.006360 | 0.006380 | 0.006400 | 0.006420 | 0.006440 | 0.006460 | 0.006481 |
| Woodie | 0.006090 | 0.006245 | 0.006310 | 0.006465 | 0.006530 | 0.006685 | 0.006750 |
| Fibonacci | 0.006260 | 0.006344 | 0.006396 | 0.006480 | 0.006564 | 0.006616 | 0.006700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005010 | 0.005760 | 0.006180 | 0.006930 | 0.007350 | 0.008100 | 0.008520 |
| Camarilla | 0.006278 | 0.006386 | 0.006493 | 0.006600 | 0.006707 | 0.006815 | 0.006922 |
| Woodie | 0.004845 | 0.005678 | 0.006015 | 0.006848 | 0.007185 | 0.008018 | 0.008355 |
| Fibonacci | 0.005760 | 0.006207 | 0.006483 | 0.006930 | 0.007377 | 0.007653 | 0.008100 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005007 | 0.006525 | 0.007813 | 0.009331 | 0.010619 | 0.012137 | 0.013425 |
| Camarilla | 0.008328 | 0.008586 | 0.008843 | 0.009100 | 0.009357 | 0.009614 | 0.009872 |
| Woodie | 0.004891 | 0.006468 | 0.007697 | 0.009274 | 0.010503 | 0.012080 | 0.013309 |
| Fibonacci | 0.006525 | 0.007597 | 0.008259 | 0.009331 | 0.010403 | 0.011065 | 0.012137 |
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): | 46.35 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.837774 | |
| AROON (14): | 64.285715 | |
| DEMA (21): | 0.006277 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006237 | |
| Elder Ray (13): | 0.000021 | |
| Super Trend (3,10): | 0.006421 | |
| Zig ZAG (10): | 0.006330 | |
| VORTEX (21): | 0.8734 | |
| Stochastique (14,3,5): | 39.51 | |
| TEMA (21): | 0.006283 | |
| Williams %R (14): | -55.56 | |
| Chande Momentum Oscillator (20): | 0.000030 | |
| Repulse (5,40,3): | -0.2398 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1285 | |
| Courbe Coppock: | 2.20 |
| MA7: | 0.006717 | |
| MA20: | 0.007453 | |
| MA50: | 0.008242 | |
| MA100: | 0.009292 | |
| MAexp7: | 0.006315 | |
| MAexp20: | 0.006340 | |
| MAexp50: | 0.006442 | |
| MAexp100: | 0.006588 | |
| Price / MA7: | -5.17% | |
| Price / MA20: | -14.53% | |
| Price / MA50: | -22.71% | |
| Price / MA100: | -31.45% | |
| Price / MAexp7: | +0.87% | |
| Price / MAexp20: | +0.47% | |
| Price / MAexp50: | -1.12% | |
| Price / MAexp100: | -3.31% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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