ANKR - ANKR/USD - 1H - Technical analysis published on 12/16/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.020546 USD
My targets
0.019590 USD (-3.92%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ANKR NETWORK - ANKR/USD as long as the price remains well below 0.020546 USD. The sellers' bearish objective is set at 0.019590 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ANKR NETWORK - ANKR/USD rating 0.020390 USD. On the day, this instrument lost -0.05% and was traded between 0.020280 USD and 0.020440 USD over the period. The price is currently at +0.54% from its lowest and -0.24% from its highest.0.020280
0.020440
0.020390
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ANKR NETWORK - ANKR/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being 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 generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.019590 | 0.020366 | 0.020390 | 0.020546 | 0.020803 | 0.021266 |
| Change (%) | -3.92% | -0.12% | - | +0.77% | +2.03% | +4.30% |
| Change | -0.000800 | -0.000024 | - | +0.000156 | +0.000413 | +0.000876 |
| Level | Major | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019517 | 0.019913 | 0.020157 | 0.020553 | 0.020797 | 0.021193 | 0.021437 |
| Camarilla | 0.020224 | 0.020283 | 0.020341 | 0.020400 | 0.020459 | 0.020517 | 0.020576 |
| Woodie | 0.019440 | 0.019875 | 0.020080 | 0.020515 | 0.020720 | 0.021155 | 0.021360 |
| Fibonacci | 0.019913 | 0.020158 | 0.020309 | 0.020553 | 0.020798 | 0.020949 | 0.021193 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019493 | 0.020037 | 0.020753 | 0.021297 | 0.022013 | 0.022557 | 0.023273 |
| Camarilla | 0.021124 | 0.021239 | 0.021355 | 0.021470 | 0.021586 | 0.021701 | 0.021817 |
| Woodie | 0.019580 | 0.020080 | 0.020840 | 0.021340 | 0.022100 | 0.022600 | 0.023360 |
| Fibonacci | 0.020037 | 0.020518 | 0.020815 | 0.021297 | 0.021778 | 0.022075 | 0.022557 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003520 | 0.011220 | 0.017020 | 0.024720 | 0.030520 | 0.038220 | 0.044020 |
| Camarilla | 0.019108 | 0.020345 | 0.021583 | 0.022820 | 0.024058 | 0.025295 | 0.026533 |
| Woodie | 0.002570 | 0.010745 | 0.016070 | 0.024245 | 0.029570 | 0.037745 | 0.043070 |
| Fibonacci | 0.011220 | 0.016377 | 0.019563 | 0.024720 | 0.029877 | 0.033063 | 0.038220 |
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): | 38.29 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -19.414711 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.020327 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.020447 | |
| Elder Ray (13): | -0.000056 | |
| Super Trend (3,10): | 0.020610 | |
| Zig ZAG (10): | 0.020350 | |
| VORTEX (21): | 0.8392 | |
| Stochastique (14,3,5): | 21.47 | |
| TEMA (21): | 0.020314 | |
| Williams %R (14): | -73.08 | |
| Chande Momentum Oscillator (20): | -0.000050 | |
| Repulse (5,40,3): | -0.0064 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0699 | |
| Courbe Coppock: | 1.35 |
| MA7: | 0.020839 | |
| MA20: | 0.021392 | |
| MA50: | 0.023352 | |
| MA100: | 0.027072 | |
| MAexp7: | 0.020372 | |
| MAexp20: | 0.020463 | |
| MAexp50: | 0.020607 | |
| MAexp100: | 0.020719 | |
| Price / MA7: | -2.15% | |
| Price / MA20: | -4.68% | |
| Price / MA50: | -12.68% | |
| Price / MA100: | -24.68% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | -0.36% | |
| Price / MAexp50: | -1.05% | |
| Price / MAexp100: | -1.59% |
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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