AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD
AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: FORTHUSD
ISIN:

AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD - 1H - Technical analysis published on 08/04/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 2.94 USD
My targets
2.71 USD (-6.87%)
2.51 USD (-13.75%)
My analysis
AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2.94 USD. The next support located at 2.71 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2.51 USD. Below this support, sellers could then target 2.19 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.7

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 Titano. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD rating is 2.91 USD. The price is lower by -2.68% since the last closing with the lowest point at 2.91 USD and the highest point at 3.01 USD. The deviation from the price is 0% for the low point and -3.32% for the high point.

2.91
3.01
2.91

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD:

Technical


A technical analysis in 1H of this AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.19 2.51 2.71 2.91 2.94 3.20 3.40
Change (%) -24.74% -13.75% -6.87% - +1.03% +9.97% +16.84%
Change -0.72 -0.40 -0.20 - +0.03 +0.29 +0.49
Level Major Intermediate Minor - 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
Standard2.452.702.843.093.233.483.62
Camarilla2.882.922.952.993.033.063.10
Woodie2.412.672.803.063.193.453.58
Fibonacci2.702.852.943.093.243.333.48


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.642.112.983.454.324.795.66
Camarilla3.483.603.733.853.974.104.22
Woodie1.842.213.183.554.524.895.86
Fibonacci2.112.622.943.453.964.284.79


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.341.382.163.203.985.025.80
Camarilla2.442.612.772.943.113.273.44
Woodie0.211.322.033.143.854.965.67
Fibonacci1.382.082.513.203.904.335.02

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 36.01
MACD (12,26,9): -0.0100
Directional Movement: -8.51
AROON (14): -42.86
DEMA (21): 2.95
Parabolic SAR (0,02-0,02-0,2): 2.99
Elder Ray (13): -0.04
Super Trend (3,10): 3.02
Zig ZAG (10): 2.92
VORTEX (21): 0.9000
Stochastique (14,3,5): 6.67
TEMA (21): 2.94
Williams %R (14): -90.00
Chande Momentum Oscillator (20): -0.05
Repulse (5,40,3): -1.9700
ROCnROLL: 2
TRIX (15,9): -0.0500
Courbe Coppock: 1.77
MA7: 3.15
MA20: 2.87
MA50: 2.62
MA100: 2.75
MAexp7: 2.95
MAexp20: 2.98
MAexp50: 3.00
MAexp100: 3.01
Price / MA7: -7.62%
Price / MA20: +1.39%
Price / MA50: +11.07%
Price / MA100: +5.82%
Price / MAexp7: -1.36%
Price / MAexp20: -2.35%
Price / MAexp50: -3.00%
Price / MAexp100: -3.32%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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