Londinia Opportunities Analyses - 06/15/2021 (GMT) AMPLEFORTH GOVERNANCE TOKEN - FORTH/USDT - 1H

AMPLEFORTH GOVERNANCE TOKEN - FORTH/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: FORTHUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 16.38 USDT
My targets
17.23 USDT (+2.74%)
18.75 USDT (+11.81%)
My analysis
The basic bullish trend is very strong on AMPLEFORTH GOVERNANCE TOKEN - FORTH/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 16.38 USDT. Crossing the first resistance at 17.23 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 18.75 USDT as an objective. Crossing it would then enable buyers to target 19.89 USDT. Caution, a return to below 16.38 USDT would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
7.3

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The AMPLEFORTH GOVERNANCE TOKEN - FORTH/USDT rating is 16.77 USDT. On the day, this instrument gained +0.90% and was traded between 16.42 USDT and 17.16 USDT over the period. The price is currently at +2.13% from its lowest and -2.27% from its highest.

16.42
17.16
16.77

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AMPLEFORTH GOVERNANCE TOKEN - FORTH/USDT:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of AMPLEFORTH GOVERNANCE TOKEN - FORTH/USDT 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 indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.99 15.50 16.38 16.77 17.23 18.75 19.89
Change (%) -10.61% -7.57% -2.33% - +2.74% +11.81% +18.60%
Change -1.78 -1.27 -0.39 - +0.46 +1.98 +3.12
Level Minor Minor Major - Major Intermediate Minor



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
Standard15.2315.7416.1816.6917.1317.6418.08
Camarilla16.3616.4516.5316.6216.7116.7916.88
Woodie15.2015.7216.1516.6717.1017.6218.05
Fibonacci15.7416.1016.3316.6917.0517.2817.64


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.3710.2112.9616.8019.5523.3926.14
Camarilla13.9014.5015.1115.7116.3116.9217.52
Woodie5.839.9412.4216.5319.0123.1225.60
Fibonacci10.2112.7314.2816.8019.3220.8723.39


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-25.38-8.967.3023.7239.9856.4072.66
Camarilla14.5617.5620.5523.5526.5529.5432.54
Woodie-25.47-9.007.2123.6839.8956.3672.57
Fibonacci-8.963.5311.2423.7236.2143.9256.40

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): 55.55
MACD (12,26,9): 0.0700
Directional Movement: 6.86
AROON (14): 71.43
DEMA (21): 16.81
Parabolic SAR (0,02-0,02-0,2): 16.97
Elder Ray (13): 0.13
Super Trend (3,10): 16.22
Zig ZAG (10): 16.89
VORTEX (21): 1.0000
Stochastique (14,3,5): 79.51
TEMA (21): 16.77
Williams %R (14): -15.52
Chande Momentum Oscillator (20): 0.21
Repulse (5,40,3): 0.2900
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 0.09
MA7: 16.38
MA20: 19.37
MA50: -
MA100: -
MAexp7: 16.81
MAexp20: 16.72
MAexp50: 16.56
MAexp100: 16.57
Price / MA7: +2.38%
Price / MA20: -13.42%
Price / MA50: -
Price / MA100: -
Price / MAexp7: -0.24%
Price / MAexp20: +0.30%
Price / MAexp50: +1.27%
Price / MAexp100: +1.21%

Quotes : - Real time data - Cryptocompare