ALCHEMY PAY - ACH/USD - 1H - Technical analysis published on 04/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 0.032806 USD
My targets
0.035870 USD (+2.91%)
0.040329 USD (+15.70%)
My analysis
The bullish trend is currently very strong on ALCHEMY PAY - ACH/USD. As long as the price remains above the support at 0.032806 USD, you could try to benefit from the boom. The first bullish objective is located at 0.035870 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.040329 USD as an objective. Crossing it would then enable buyers to target 0.043650 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.5
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Additional analysis
Quotes
The ALCHEMY PAY - ACH/USD rating is 0.034856 USD. On the day, this instrument lost -0.06% and was traded between 0.034600 USD and 0.034990 USD over the period. The price is currently at +0.74% from its lowest and -0.38% from its highest.0.034600
0.034990
0.034856
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of ALCHEMY PAY - ACH/USD indicates that the overall trend is strongly bullish. 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. 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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.025702 | 0.027878 | 0.032806 | 0.034856 | 0.035870 | 0.043650 | 0.048899 |
| Change (%) | -26.26% | -20.02% | -5.88% | - | +2.91% | +25.23% | +40.29% |
| Change | -0.009154 | -0.006978 | -0.002050 | - | +0.001014 | +0.008794 | +0.014043 |
| Level | Minor | Minor | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027510 | 0.029780 | 0.032328 | 0.034598 | 0.037146 | 0.039416 | 0.041964 |
| Camarilla | 0.033552 | 0.033994 | 0.034435 | 0.034877 | 0.035319 | 0.035760 | 0.036202 |
| Woodie | 0.027650 | 0.029850 | 0.032468 | 0.034668 | 0.037286 | 0.039486 | 0.042104 |
| Fibonacci | 0.029780 | 0.031620 | 0.032757 | 0.034598 | 0.036438 | 0.037575 | 0.039416 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011597 | 0.017049 | 0.025963 | 0.031415 | 0.040329 | 0.045781 | 0.054695 |
| Camarilla | 0.030926 | 0.032243 | 0.033560 | 0.034877 | 0.036194 | 0.037511 | 0.038828 |
| Woodie | 0.013328 | 0.017915 | 0.027694 | 0.032281 | 0.042060 | 0.046647 | 0.056426 |
| Fibonacci | 0.017049 | 0.022537 | 0.025927 | 0.031415 | 0.036903 | 0.040293 | 0.045781 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.005073 | 0.008751 | 0.023886 | 0.037710 | 0.052845 | 0.066669 | 0.081804 |
| Camarilla | 0.031057 | 0.033712 | 0.036366 | 0.039021 | 0.041676 | 0.044330 | 0.046985 |
| Woodie | -0.004418 | 0.009079 | 0.024542 | 0.038038 | 0.053501 | 0.066997 | 0.082460 |
| Fibonacci | 0.008751 | 0.019813 | 0.026648 | 0.037710 | 0.048772 | 0.055607 | 0.066669 |
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): | 56.72 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 10.195739 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.035460 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.036779 | |
| Elder Ray (13): | -0.000014 | |
| Super Trend (3,10): | 0.033647 | |
| Zig ZAG (10): | 0.034864 | |
| VORTEX (21): | 1.1340 | |
| Stochastique (14,3,5): | 48.50 | |
| TEMA (21): | 0.035328 | |
| Williams %R (14): | -54.59 | |
| Chande Momentum Oscillator (20): | 0.000906 | |
| Repulse (5,40,3): | -1.3307 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3044 | |
| Courbe Coppock: | 9.04 |
| MA7: | 0.031089 | |
| MA20: | 0.031858 | |
| MA50: | 0.035133 | |
| MA100: | 0.027810 | |
| MAexp7: | 0.034995 | |
| MAexp20: | 0.034562 | |
| MAexp50: | 0.033235 | |
| MAexp100: | 0.031781 | |
| Price / MA7: | +12.12% | |
| Price / MA20: | +9.41% | |
| Price / MA50: | -0.79% | |
| Price / MA100: | +25.34% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | +0.85% | |
| Price / MAexp50: | +4.88% | |
| Price / MAexp100: | +9.68% |
Quotes :
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Real time data
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