ANKR - ANKR/USD - 1H - Technical analysis published on 01/16/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.023120 USD
My targets
0.026670 USD (+7.19%)
0.026907 USD (+8.15%)
My analysis
ANKR NETWORK - ANKR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.023120 USD. The next resistance located at 0.026670 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.026907 USD. After this resistance, buyers could then target 0.033086 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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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 ANKR NETWORK - ANKR/USD price is 0.024880 USD. The price has increased by +7.94% since the last closing with the lowest point at 0.022610 USD and the highest point at 0.025030 USD. The deviation from the price is +10.04% for the low point and -0.60% for the high point.0.022610
0.025030
0.024880
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ANKR NETWORK - ANKR/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish 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 probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
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:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.020502 | 0.022340 | 0.023120 | 0.024880 | 0.026907 | 0.033086 | 0.038960 |
| Change (%) | -17.60% | -10.21% | -7.07% | - | +8.15% | +32.98% | +56.59% |
| Change | -0.004378 | -0.002540 | -0.001760 | - | +0.002027 | +0.008206 | +0.014080 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.020417 | 0.021123 | 0.022087 | 0.022793 | 0.023757 | 0.024463 | 0.025427 |
| Camarilla | 0.022591 | 0.022744 | 0.022897 | 0.023050 | 0.023203 | 0.023356 | 0.023509 |
| Woodie | 0.020545 | 0.021188 | 0.022215 | 0.022858 | 0.023885 | 0.024528 | 0.025555 |
| Fibonacci | 0.021123 | 0.021761 | 0.022155 | 0.022793 | 0.023431 | 0.023825 | 0.024463 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008950 | 0.012540 | 0.017810 | 0.021400 | 0.026670 | 0.030260 | 0.035530 |
| Camarilla | 0.020644 | 0.021456 | 0.022268 | 0.023080 | 0.023892 | 0.024704 | 0.025517 |
| Woodie | 0.009790 | 0.012960 | 0.018650 | 0.021820 | 0.027510 | 0.030680 | 0.036370 |
| Fibonacci | 0.012540 | 0.015925 | 0.018016 | 0.021400 | 0.024785 | 0.026876 | 0.030260 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004020 | 0.009310 | 0.012300 | 0.017590 | 0.020580 | 0.025870 | 0.028860 |
| Camarilla | 0.013013 | 0.013772 | 0.014531 | 0.015290 | 0.016049 | 0.016808 | 0.017567 |
| Woodie | 0.002870 | 0.008735 | 0.011150 | 0.017015 | 0.019430 | 0.025295 | 0.027710 |
| Fibonacci | 0.009310 | 0.012473 | 0.014427 | 0.017590 | 0.020753 | 0.022707 | 0.025870 |
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): | 64.72 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 6.725038 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.023465 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.022130 | |
| Elder Ray (13): | 0.000526 | |
| Super Trend (3,10): | 0.022506 | |
| Zig ZAG (10): | 0.023820 | |
| VORTEX (21): | 1.1842 | |
| Stochastique (14,3,5): | 80.31 | |
| TEMA (21): | 0.023608 | |
| Williams %R (14): | -6.67 | |
| Chande Momentum Oscillator (20): | 0.000920 | |
| Repulse (5,40,3): | 2.4931 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1056 | |
| Courbe Coppock: | 6.74 |
| MA7: | 0.021719 | |
| MA20: | 0.018211 | |
| MA50: | 0.019205 | |
| MA100: | 0.022660 | |
| MAexp7: | 0.023613 | |
| MAexp20: | 0.023164 | |
| MAexp50: | 0.022727 | |
| MAexp100: | 0.021937 | |
| Price / MA7: | +14.55% | |
| Price / MA20: | +36.62% | |
| Price / MA50: | +29.55% | |
| Price / MA100: | +9.80% | |
| Price / MAexp7: | +5.37% | |
| Price / MAexp20: | +7.41% | |
| Price / MAexp50: | +9.47% | |
| Price / MAexp100: | +13.42% |
Quotes :
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Real time data
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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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