ANKR - ANKR/USD - 1H - Technical analysis published on 03/23/2023 (GMT)
- 159
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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 0.033086 USD
My targets
0.032470 USD (-0.82%)
0.031710 USD (-3.15%)
My analysis
ANKR NETWORK - ANKR/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 0.033086 USD. The next support located at 0.032470 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 0.031710 USD. Below this support, sellers could then target 0.027815 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ANKR NETWORK - ANKR/USD rating is 0.032740 USD. On the day, this instrument lost -0.03% with the lowest point at 0.032300 USD and the highest point at 0.033350 USD. The deviation from the price is +1.36% for the low point and -1.83% for the high point.0.032300
0.033350
0.032740
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this ANKR NETWORK - ANKR/USD chart shows a sharp bearish trend. 92.86% 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 does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.027815 | 0.031710 | 0.032470 | 0.032740 | 0.033086 | 0.034585 | 0.035750 |
| Change (%) | -15.04% | -3.15% | -0.82% | - | +1.06% | +5.64% | +9.19% |
| Change | -0.004925 | -0.001030 | -0.000270 | - | +0.000346 | +0.001845 | +0.003010 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027723 | 0.029717 | 0.031233 | 0.033227 | 0.034743 | 0.036737 | 0.038253 |
| Camarilla | 0.031785 | 0.032107 | 0.032428 | 0.032750 | 0.033072 | 0.033394 | 0.033715 |
| Woodie | 0.027485 | 0.029598 | 0.030995 | 0.033108 | 0.034505 | 0.036618 | 0.038015 |
| Fibonacci | 0.029717 | 0.031058 | 0.031886 | 0.033227 | 0.034568 | 0.035396 | 0.036737 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017607 | 0.022163 | 0.029127 | 0.033683 | 0.040647 | 0.045203 | 0.052167 |
| Camarilla | 0.032922 | 0.033978 | 0.035034 | 0.036090 | 0.037146 | 0.038202 | 0.039258 |
| Woodie | 0.018810 | 0.022765 | 0.030330 | 0.034285 | 0.041850 | 0.045805 | 0.053370 |
| Fibonacci | 0.022163 | 0.026564 | 0.029283 | 0.033683 | 0.038084 | 0.040803 | 0.045203 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000063 | 0.012797 | 0.031413 | 0.044147 | 0.062763 | 0.075497 | 0.094113 |
| Camarilla | 0.041409 | 0.044283 | 0.047156 | 0.050030 | 0.052904 | 0.055778 | 0.058651 |
| Woodie | 0.003005 | 0.014268 | 0.034355 | 0.045618 | 0.065705 | 0.076968 | 0.097055 |
| Fibonacci | 0.012797 | 0.024772 | 0.032171 | 0.044147 | 0.056122 | 0.063521 | 0.075497 |
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): | 36.36 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -13.169769 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.032670 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.034191 | |
| Elder Ray (13): | -0.000675 | |
| Super Trend (3,10): | 0.034149 | |
| Zig ZAG (10): | 0.032380 | |
| VORTEX (21): | 0.8177 | |
| Stochastique (14,3,5): | 26.50 | |
| TEMA (21): | 0.032392 | |
| Williams %R (14): | -74.45 | |
| Chande Momentum Oscillator (20): | -0.002030 | |
| Repulse (5,40,3): | -1.2653 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1750 | |
| Courbe Coppock: | 8.57 |
| MA7: | 0.034861 | |
| MA20: | 0.033131 | |
| MA50: | 0.032151 | |
| MA100: | 0.025976 | |
| MAexp7: | 0.032715 | |
| MAexp20: | 0.033314 | |
| MAexp50: | 0.033986 | |
| MAexp100: | 0.034489 | |
| Price / MA7: | -6.08% | |
| Price / MA20: | -1.18% | |
| Price / MA50: | +1.83% | |
| Price / MA100: | +26.04% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | -1.72% | |
| Price / MAexp50: | -3.67% | |
| Price / MAexp100: | -5.07% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis ANKR - ANKR/USD - 1H