ANKR - ANKR/USD - 1H - Technical analysis published on 05/07/2023 (GMT)
- 182
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.029254 USD
My targets
0.028700 USD (-0.86%)
0.027815 USD (-3.92%)
My analysis
The basic trend is very bearish on ANKR NETWORK - ANKR/USD but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on ANKR NETWORK - ANKR/USD. As long as you stay below the resistance 0.029254 USD, sellers' retain the upper hand. A break in the support at 0.028700 USD would be a signal that the basic trend will reverse. 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 price were to depress the resistance 0.029254 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.1
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 0.028950 USD. The price is lower by -0.04% since the last closing and was traded between 0.028570 USD and 0.029050 USD over the period. The price is currently at +1.33% from its lowest and -0.34% from its highest.0.028570
0.029050
0.028950
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. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the strongly bearish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
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 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 several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.023344 | 0.027815 | 0.028700 | 0.028950 | 0.029254 | 0.029712 | 0.030055 |
| Change (%) | -19.36% | -3.92% | -0.86% | - | +1.05% | +2.63% | +3.82% |
| Change | -0.005606 | -0.001135 | -0.000250 | - | +0.000304 | +0.000762 | +0.001105 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.026383 | 0.027407 | 0.028183 | 0.029207 | 0.029983 | 0.031007 | 0.031783 |
| Camarilla | 0.028465 | 0.028630 | 0.028795 | 0.028960 | 0.029125 | 0.029290 | 0.029455 |
| Woodie | 0.026260 | 0.027345 | 0.028060 | 0.029145 | 0.029860 | 0.030945 | 0.031660 |
| Fibonacci | 0.027407 | 0.028094 | 0.028519 | 0.029207 | 0.029894 | 0.030319 | 0.031007 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.024490 | 0.026460 | 0.027710 | 0.029680 | 0.030930 | 0.032900 | 0.034150 |
| Camarilla | 0.028075 | 0.028370 | 0.028665 | 0.028960 | 0.029255 | 0.029550 | 0.029846 |
| Woodie | 0.024130 | 0.026280 | 0.027350 | 0.029500 | 0.030570 | 0.032720 | 0.033790 |
| Fibonacci | 0.026460 | 0.027690 | 0.028450 | 0.029680 | 0.030910 | 0.031670 | 0.032900 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.33 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 0.820828 | |
| AROON (14): | -35.714285 | |
| DEMA (21): | 0.028799 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.028466 | |
| Elder Ray (13): | 0.000109 | |
| Super Trend (3,10): | 0.029240 | |
| Zig ZAG (10): | 0.029040 | |
| VORTEX (21): | 0.9086 | |
| Stochastique (14,3,5): | 94.44 | |
| TEMA (21): | 0.028820 | |
| Williams %R (14): | -2.08 | |
| Chande Momentum Oscillator (20): | 0.000060 | |
| Repulse (5,40,3): | 0.3794 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0931 | |
| Courbe Coppock: | 0.18 |
| MA7: | 0.029631 | |
| MA20: | 0.031360 | |
| MA50: | 0.033395 | |
| MA100: | 0.032405 | |
| MAexp7: | 0.028926 | |
| MAexp20: | 0.028983 | |
| MAexp50: | 0.029243 | |
| MAexp100: | 0.029484 | |
| Price / MA7: | -2.30% | |
| Price / MA20: | -7.68% | |
| Price / MA50: | -13.31% | |
| Price / MA100: | -10.66% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -1.00% | |
| Price / MAexp100: | -1.81% |
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