ANKR - ANKR/USD - 1H - Technical analysis published on 01/18/2023 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 0.023833 USD
My targets
0.025010 USD (+1.92%)
0.026907 USD (+9.65%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ANKR NETWORK - ANKR/USD as long as the price remains well above 0.023833 USD. The buyers' bullish objective is set at 0.025010 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.026907 USD. If there is any crossing, the next objective would be the resistance located at 0.033086 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
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
The ANKR NETWORK - ANKR/USD rating is 0.024540 USD. The price has increased by +6.70% since the last closing and was traded between 0.022990 USD and 0.025390 USD over the period. The price is currently at +6.74% from its lowest and -3.35% from its highest.0.022990
0.025390
0.024540
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.021980 | 0.023142 | 0.023833 | 0.024540 | 0.025010 | 0.026907 | 0.033086 |
| Change (%) | -10.43% | -5.70% | -2.88% | - | +1.92% | +9.65% | +34.82% |
| Change | -0.002560 | -0.001398 | -0.000707 | - | +0.000470 | +0.002367 | +0.008546 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
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 | 0.019893 | 0.021227 | 0.022113 | 0.023447 | 0.024333 | 0.025667 | 0.026553 |
| Camarilla | 0.022390 | 0.022593 | 0.022797 | 0.023000 | 0.023204 | 0.023407 | 0.023611 |
| Woodie | 0.019670 | 0.021115 | 0.021890 | 0.023335 | 0.024110 | 0.025555 | 0.026330 |
| Fibonacci | 0.021227 | 0.022075 | 0.022599 | 0.023447 | 0.024295 | 0.024819 | 0.025667 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.81 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 8.601814 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.023644 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.023093 | |
| Elder Ray (13): | -0.000043 | |
| Super Trend (3,10): | 0.022685 | |
| Zig ZAG (10): | 0.023650 | |
| VORTEX (21): | 0.9442 | |
| Stochastique (14,3,5): | 43.19 | |
| TEMA (21): | 0.023687 | |
| Williams %R (14): | -54.72 | |
| Chande Momentum Oscillator (20): | 0.000440 | |
| Repulse (5,40,3): | 0.6385 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0637 | |
| Courbe Coppock: | 1.94 |
| MA7: | 0.022569 | |
| MA20: | 0.018970 | |
| MA50: | 0.019244 | |
| MA100: | 0.022522 | |
| MAexp7: | 0.023763 | |
| MAexp20: | 0.023524 | |
| MAexp50: | 0.023319 | |
| MAexp100: | 0.022859 | |
| Price / MA7: | +8.73% | |
| Price / MA20: | +29.36% | |
| Price / MA50: | +27.52% | |
| Price / MA100: | +8.96% | |
| Price / MAexp7: | +3.27% | |
| Price / MAexp20: | +4.32% | |
| Price / MAexp50: | +5.24% | |
| Price / MAexp100: | +7.35% |
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.
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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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