AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD - 1H - Technical analysis published on 12/10/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
78%
17%
6%
My opinion
Bullish above 3.84 USD
My targets
3.95 USD (+0.77%)
4.31 USD (+10.03%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD as long as the price remains well above 3.84 USD. The buyers' bullish objective is set at 3.95 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.31 USD. If there is any crossing, the next objective would be the resistance located at 4.44 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD price is 3.92 USD. The price registered an increase of +8.29% on the session and was between 3.57 USD and 4.01 USD. This implies that the price is at +9.80% from its lowest and at -2.24% from its highest.3.57
4.01
3.92
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
White morning star
Type : Bullish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.60 | 3.72 | 3.84 | 3.92 | 3.95 | 4.44 | 5.86 |
| Change (%) | -8.16% | -5.10% | -2.04% | - | +0.77% | +13.27% | +49.49% |
| Change | -0.32 | -0.20 | -0.08 | - | +0.03 | +0.52 | +1.94 |
| Level | Major | Minor | Major | - | Intermediate | Intermediate | Minor |
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 | 3.36 | 3.48 | 3.55 | 3.67 | 3.74 | 3.86 | 3.93 |
| Camarilla | 3.57 | 3.59 | 3.60 | 3.62 | 3.64 | 3.66 | 3.67 |
| Woodie | 3.34 | 3.47 | 3.53 | 3.66 | 3.72 | 3.85 | 3.91 |
| Fibonacci | 3.48 | 3.55 | 3.60 | 3.67 | 3.74 | 3.79 | 3.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.85 | 2.35 | 2.83 | 3.33 | 3.81 | 4.31 | 4.79 |
| Camarilla | 3.03 | 3.12 | 3.21 | 3.30 | 3.39 | 3.48 | 3.57 |
| Woodie | 1.83 | 2.35 | 2.81 | 3.33 | 3.79 | 4.31 | 4.77 |
| Fibonacci | 2.35 | 2.73 | 2.96 | 3.33 | 3.71 | 3.94 | 4.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.59 | 1.58 | 2.36 | 3.35 | 4.13 | 5.12 | 5.90 |
| Camarilla | 2.66 | 2.83 | 2.99 | 3.15 | 3.31 | 3.48 | 3.64 |
| Woodie | 0.50 | 1.53 | 2.27 | 3.30 | 4.04 | 5.07 | 5.81 |
| Fibonacci | 1.58 | 2.25 | 2.67 | 3.35 | 4.02 | 4.44 | 5.12 |
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): | 64.14 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 38.94 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 3.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.61 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 3.60 | |
| Zig ZAG (10): | 3.77 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 37.00 | |
| TEMA (21): | 3.73 | |
| Williams %R (14): | -58.72 | |
| Chande Momentum Oscillator (20): | 0.15 | |
| Repulse (5,40,3): | 0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 4.88 |
| MA7: | 3.69 | |
| MA20: | 3.27 | |
| MA50: | 3.47 | |
| MA100: | 4.02 | |
| MAexp7: | 3.72 | |
| MAexp20: | 3.67 | |
| MAexp50: | 3.67 | |
| MAexp100: | 3.65 | |
| Price / MA7: | +6.23% | |
| Price / MA20: | +19.88% | |
| Price / MA50: | +12.97% | |
| Price / MA100: | -2.49% | |
| Price / MAexp7: | +5.38% | |
| Price / MAexp20: | +6.81% | |
| Price / MAexp50: | +6.81% | |
| Price / MAexp100: | +7.40% |
Quotes :
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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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