AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD - 1H - Technical analysis published on 03/19/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 3.65 USD
My targets
3.55 USD (-1.11%)
3.46 USD (-3.62%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD as long as the price remains well below 3.65 USD. The next bearish objective for sellers is set at 3.55 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.46 USD. In case of crossing, the next objective would be the support located at 3.36 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD rating 3.59 USD. On the day, this instrument lost -0.28% with the lowest point at 3.59 USD and the highest point at 3.65 USD. The deviation from the price is 0% for the low point and -1.64% for the high point.3.59
3.65
3.59
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD:
Technical
Technical analysis of this 1H chart of AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD indicates that the overall trend is slightly bearish. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.36 | 3.46 | 3.55 | 3.59 | 3.65 | 3.77 | 4.28 |
| Change (%) | -6.41% | -3.62% | -1.11% | - | +1.67% | +5.01% | +19.22% |
| Change | -0.23 | -0.13 | -0.04 | - | +0.06 | +0.18 | +0.69 |
| Level | Major | Minor | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.31 | 3.45 | 3.53 | 3.67 | 3.75 | 3.89 | 3.97 |
| Camarilla | 3.54 | 3.56 | 3.58 | 3.60 | 3.62 | 3.64 | 3.66 |
| Woodie | 3.27 | 3.44 | 3.49 | 3.66 | 3.71 | 3.88 | 3.93 |
| Fibonacci | 3.45 | 3.54 | 3.59 | 3.67 | 3.76 | 3.81 | 3.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.62 | 2.91 | 3.25 | 3.54 | 3.88 | 4.17 | 4.51 |
| Camarilla | 3.43 | 3.49 | 3.54 | 3.60 | 3.66 | 3.72 | 3.77 |
| Woodie | 2.66 | 2.92 | 3.29 | 3.55 | 3.92 | 4.18 | 4.55 |
| Fibonacci | 2.91 | 3.15 | 3.30 | 3.54 | 3.78 | 3.93 | 4.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.36 | 2.29 | 3.39 | 4.32 | 5.42 | 6.35 | 7.45 |
| Camarilla | 3.92 | 4.11 | 4.29 | 4.48 | 4.67 | 4.85 | 5.04 |
| Woodie | 1.44 | 2.33 | 3.47 | 4.36 | 5.50 | 6.39 | 7.53 |
| Fibonacci | 2.29 | 3.07 | 3.55 | 4.32 | 5.10 | 5.58 | 6.35 |
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): | 37.48 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -15.76 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 3.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.76 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 3.76 | |
| Zig ZAG (10): | 3.60 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 8.87 | |
| TEMA (21): | 3.62 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.19 | |
| Repulse (5,40,3): | -1.6600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 6.58 |
| MA7: | 3.59 | |
| MA20: | 3.75 | |
| MA50: | 3.79 | |
| MA100: | 3.48 | |
| MAexp7: | 3.64 | |
| MAexp20: | 3.69 | |
| MAexp50: | 3.66 | |
| MAexp100: | 3.61 | |
| Price / MA7: | -0% | |
| Price / MA20: | -4.27% | |
| Price / MA50: | -5.28% | |
| Price / MA100: | +3.16% | |
| Price / MAexp7: | -1.37% | |
| Price / MAexp20: | -2.71% | |
| Price / MAexp50: | -1.91% | |
| Price / MAexp100: | -0.55% |
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.
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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