AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD - 1H - Technical analysis published on 08/13/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 6.44 USD
My targets
7.19 USD (+9.65%)
7.31 USD (+11.43%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD as long as the price remains well above 6.44 USD. The buyers' bullish objective is set at 7.19 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.31 USD. If there is any crossing, the next objective would be the resistance located at 8.00 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.7
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Additional analysis
Quotes
The AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD price is 6.56 USD. The price registered an increase of +13.69% on the session and was traded between 5.64 USD and 6.57 USD over the period. The price is currently at +16.31% from its lowest and -0.15% from its highest.5.64
6.57
6.56
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
Here is a more detailed summary of the historical variations registered by AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD chart shows a strongly 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 market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 5.71 | 5.79 | 6.22 | 6.56 | 7.31 | 8.00 |
Change (%) | -12.96% | -11.74% | -5.18% | - | +11.43% | +21.95% |
Change | -0.85 | -0.77 | -0.34 | - | +0.75 | +1.44 |
Level | Minor | Intermediate | Intermediate | - | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.85 | 5.16 | 5.47 | 5.78 | 6.09 | 6.40 | 6.71 |
Camarilla | 5.60 | 5.66 | 5.71 | 5.77 | 5.83 | 5.88 | 5.94 |
Woodie | 4.84 | 5.16 | 5.46 | 5.78 | 6.08 | 6.40 | 6.70 |
Fibonacci | 5.16 | 5.40 | 5.55 | 5.78 | 6.02 | 6.17 | 6.40 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.62 | 4.37 | 5.03 | 5.78 | 6.44 | 7.19 | 7.85 |
Camarilla | 5.29 | 5.42 | 5.55 | 5.68 | 5.81 | 5.94 | 6.07 |
Woodie | 3.57 | 4.35 | 4.98 | 5.76 | 6.39 | 7.17 | 7.80 |
Fibonacci | 4.37 | 4.91 | 5.25 | 5.78 | 6.32 | 6.66 | 7.19 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -5.96 | -1.74 | 1.93 | 6.15 | 9.82 | 14.04 | 17.71 |
Camarilla | 3.43 | 4.15 | 4.88 | 5.60 | 6.32 | 7.05 | 7.77 |
Woodie | -6.24 | -1.88 | 1.66 | 6.01 | 9.55 | 13.90 | 17.44 |
Fibonacci | -1.74 | 1.27 | 3.14 | 6.15 | 9.16 | 11.03 | 14.04 |
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): | 58.29 | |
MACD (12,26,9): | 0.0300 | |
Directional Movement: | 23.44 | |
AROON (14): | 14.29 | |
DEMA (21): | 5.72 | |
Parabolic SAR (0,02-0,02-0,2): | 5.62 | |
Elder Ray (13): | 0.05 | |
Super Trend (3,10): | 5.52 | |
Zig ZAG (10): | 5.75 | |
VORTEX (21): | 1.0700 | |
Stochastique (14,3,5): | 24.71 | |
TEMA (21): | 5.74 | |
Williams %R (14): | -67.24 | |
Chande Momentum Oscillator (20): | -0.03 | |
Repulse (5,40,3): | 1.1000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0800 | |
Courbe Coppock: | 3.84 |
MA7: | 5.62 | |
MA20: | 5.30 | |
MA50: | 4.14 | |
MA100: | 3.72 | |
MAexp7: | 5.73 | |
MAexp20: | 5.68 | |
MAexp50: | 5.65 | |
MAexp100: | 5.63 | |
Price / MA7: | +16.73% | |
Price / MA20: | +23.77% | |
Price / MA50: | +58.45% | |
Price / MA100: | +76.34% | |
Price / MAexp7: | +14.49% | |
Price / MAexp20: | +15.49% | |
Price / MAexp50: | +16.11% | |
Price / MAexp100: | +16.52% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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