ANKR - ANKR/USD - 1H - Technical analysis published on 07/24/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.031208 USD
My targets
0.030513 USD (-0.64%)
0.029484 USD (-3.99%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ANKR NETWORK - ANKR/USD as long as the price remains well below 0.031208 USD. The next bearish objective for sellers is set at 0.030513 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.029484 USD. If there is any crossing, the next objective would be the support located at 0.028720 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 over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.6
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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 0.030708 USD. On the day, this instrument lost -0.17% with the lowest point at 0.030300 USD and the highest point at 0.031639 USD. The deviation from the price is +1.35% for the low point and -2.94% for the high point.0.030300
0.031639
0.030708
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of ANKR NETWORK - ANKR/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 10 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 0.028720 | 0.029484 | 0.030513 | 0.030708 | 0.031208 | 0.031978 | 0.033446 |
| Change (%) | -6.47% | -3.99% | -0.64% | - | +1.63% | +4.14% | +8.92% |
| Change | -0.001988 | -0.001224 | -0.000195 | - | +0.000500 | +0.001270 | +0.002738 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | Minor |
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 | 0.027932 | 0.029072 | 0.029916 | 0.031056 | 0.031900 | 0.033040 | 0.033884 |
| Camarilla | 0.030213 | 0.030395 | 0.030577 | 0.030759 | 0.030941 | 0.031123 | 0.031305 |
| Woodie | 0.027783 | 0.028998 | 0.029767 | 0.030982 | 0.031751 | 0.032966 | 0.033735 |
| Fibonacci | 0.029072 | 0.029830 | 0.030298 | 0.031056 | 0.031814 | 0.032282 | 0.033040 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.023474 | 0.025717 | 0.028960 | 0.031203 | 0.034446 | 0.036689 | 0.039932 |
| Camarilla | 0.030694 | 0.031197 | 0.031700 | 0.032203 | 0.032706 | 0.033209 | 0.033712 |
| Woodie | 0.023974 | 0.025967 | 0.029460 | 0.031453 | 0.034946 | 0.036939 | 0.040432 |
| Fibonacci | 0.025717 | 0.027813 | 0.029107 | 0.031203 | 0.033299 | 0.034593 | 0.036689 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005338 | 0.016373 | 0.023736 | 0.034771 | 0.042134 | 0.053169 | 0.060532 |
| Camarilla | 0.026040 | 0.027726 | 0.029413 | 0.031099 | 0.032786 | 0.034472 | 0.036159 |
| Woodie | 0.003502 | 0.015455 | 0.021900 | 0.033853 | 0.040298 | 0.052251 | 0.058696 |
| Fibonacci | 0.016373 | 0.023401 | 0.027743 | 0.034771 | 0.041799 | 0.046141 | 0.053169 |
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): | 44.01 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -5.871454 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.030975 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.031622 | |
| Elder Ray (13): | -0.000235 | |
| Super Trend (3,10): | 0.031598 | |
| Zig ZAG (10): | 0.030740 | |
| VORTEX (21): | 1.0099 | |
| Stochastique (14,3,5): | 19.85 | |
| TEMA (21): | 0.031049 | |
| Williams %R (14): | -99.89 | |
| Chande Momentum Oscillator (20): | -0.000311 | |
| Repulse (5,40,3): | -1.3886 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0066 | |
| Courbe Coppock: | 1.84 |
| MA7: | 0.031670 | |
| MA20: | 0.029003 | |
| MA50: | 0.031849 | |
| MA100: | 0.039146 | |
| MAexp7: | 0.030971 | |
| MAexp20: | 0.031025 | |
| MAexp50: | 0.031197 | |
| MAexp100: | 0.031371 | |
| Price / MA7: | -3.04% | |
| Price / MA20: | +5.88% | |
| Price / MA50: | -3.58% | |
| Price / MA100: | -21.56% | |
| Price / MAexp7: | -0.85% | |
| Price / MAexp20: | -1.02% | |
| Price / MAexp50: | -1.57% | |
| Price / MAexp100: | -2.11% |
Quotes :
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Real time data
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Cryptocompare
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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