ANKR - ANKR/USD - 1H - Technical analysis published on 05/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.030797 USD
My targets
0.029290 USD (-1.25%)
0.027815 USD (-6.22%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ANKR NETWORK - ANKR/USD. As long as you are under the resistance located at 0.030797 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.029290 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.027815 USD as an objective. Crossing it would then enable sellers to target 0.023344 USD. If the resistance 0.030797 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.4
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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 0.029660 USD. The price is lower by -0.07% since the last closing and was between 0.029150 USD and 0.029830 USD. This implies that the price is at +1.75% from its lowest and at -0.57% from its highest.0.029150
0.029830
0.029660
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:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ANKR NETWORK - ANKR/USD chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.023344 | 0.027815 | 0.029290 | 0.029660 | 0.029710 | 0.030797 | 0.031757 |
| Change (%) | -21.29% | -6.22% | -1.25% | - | +0.17% | +3.83% | +7.07% |
| Change | -0.006316 | -0.001845 | -0.000370 | - | +0.000050 | +0.001137 | +0.002097 |
| Level | Minor | Major | Intermediate | - | Minor | 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 | 0.027257 | 0.028273 | 0.028977 | 0.029993 | 0.030697 | 0.031713 | 0.032417 |
| Camarilla | 0.029207 | 0.029365 | 0.029522 | 0.029680 | 0.029838 | 0.029995 | 0.030153 |
| Woodie | 0.027100 | 0.028195 | 0.028820 | 0.029915 | 0.030540 | 0.031635 | 0.032260 |
| Fibonacci | 0.028273 | 0.028930 | 0.029336 | 0.029993 | 0.030650 | 0.031056 | 0.031713 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.026397 | 0.028053 | 0.029797 | 0.031453 | 0.033197 | 0.034853 | 0.036597 |
| Camarilla | 0.030605 | 0.030917 | 0.031228 | 0.031540 | 0.031852 | 0.032163 | 0.032475 |
| Woodie | 0.026440 | 0.028075 | 0.029840 | 0.031475 | 0.033240 | 0.034875 | 0.036640 |
| Fibonacci | 0.028053 | 0.029352 | 0.030155 | 0.031453 | 0.032752 | 0.033555 | 0.034853 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014477 | 0.022093 | 0.026497 | 0.034113 | 0.038517 | 0.046133 | 0.050537 |
| Camarilla | 0.027595 | 0.028696 | 0.029798 | 0.030900 | 0.032002 | 0.033104 | 0.034206 |
| Woodie | 0.012870 | 0.021290 | 0.024890 | 0.033310 | 0.036910 | 0.045330 | 0.048930 |
| Fibonacci | 0.022093 | 0.026685 | 0.029522 | 0.034113 | 0.038705 | 0.041542 | 0.046133 |
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): | 48.79 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -3.793238 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.029409 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.029177 | |
| Elder Ray (13): | 0.000092 | |
| Super Trend (3,10): | 0.029922 | |
| Zig ZAG (10): | 0.029720 | |
| VORTEX (21): | 1.0588 | |
| Stochastique (14,3,5): | 80.39 | |
| TEMA (21): | 0.029546 | |
| Williams %R (14): | -19.12 | |
| Chande Momentum Oscillator (20): | 0.000350 | |
| Repulse (5,40,3): | 0.2706 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0939 | |
| Courbe Coppock: | 0.91 |
| MA7: | 0.030874 | |
| MA20: | 0.033061 | |
| MA50: | 0.034034 | |
| MA100: | 0.032076 | |
| MAexp7: | 0.029590 | |
| MAexp20: | 0.029598 | |
| MAexp50: | 0.029989 | |
| MAexp100: | 0.030457 | |
| Price / MA7: | -3.93% | |
| Price / MA20: | -10.29% | |
| Price / MA50: | -12.85% | |
| Price / MA100: | -7.53% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | -1.10% | |
| Price / MAexp100: | -2.62% |
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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