Londinia Opportunities Analyses - 12/03/2021 (GMT) AKROPOLIS (X10000) - AKRO/BTC - 1H

AKROPOLIS (X10000) - AKRO/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: AKROBTC
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: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.006100 BTC
My targets
0.006500 BTC (+4.84%)
0.007000 BTC (+12.90%)
My analysis
The bullish trend is currently very strong on AKROPOLIS (X10000) - AKRO/BTC. As long as the price remains above the support at 0.006100 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.006500 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.007000 BTC as an objective. Crossing it would then enable buyers to target 0.007436 BTC. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2

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.

Additional analysis

Quotes

The AKROPOLIS (X10000) - AKRO/BTC rating is 0.006200 BTC. The price has increased by +8.77% since the last closing with the lowest point at 0.005700 BTC and the highest point at 0.006200 BTC. The deviation from the price is +8.77% for the low point and 0% for the high point.

0.005700
0.006200
0.006200

A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this AKROPOLIS (X10000) - AKRO/BTC chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.005900 0.006000 0.006100 0.006200 0.006500 0.007000 0.007436
Change (%) -4.84% -3.23% -1.61% - +4.84% +12.90% +19.94%
Change -0.000300 -0.000200 -0.000100 - +0.000300 +0.000800 +0.001236
Level Intermediate Minor 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
Standard0.0052330.0053670.0055330.0056670.0058330.0059670.006133
Camarilla0.0056180.0056450.0056730.0057000.0057280.0057550.005783
Woodie0.0052500.0053750.0055500.0056750.0058500.0059750.006150
Fibonacci0.0053670.0054810.0055520.0056670.0057810.0058520.005967


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0046330.0049670.0053330.0056670.0060330.0063670.006733
Camarilla0.0055080.0055720.0056360.0057000.0057640.0058280.005893
Woodie0.0046500.0049750.0053500.0056750.0060500.0063750.006750
Fibonacci0.0049670.0052340.0053990.0056670.0059340.0060990.006367


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0022000.0036000.0046000.0060000.0070000.0084000.009400
Camarilla0.0049400.0051600.0053800.0056000.0058200.0060400.006260
Woodie0.0020000.0035000.0044000.0059000.0068000.0083000.009200
Fibonacci0.0036000.0045170.0050830.0060000.0069170.0074830.008400

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): 58.92
MACD (12,26,9): 0.0001
Directional Movement: 2.800973
AROON (14): 28.571431
DEMA (21): 0.006066
Parabolic SAR (0,02-0,02-0,2): 0.006188
Elder Ray (13): 0.000042
Super Trend (3,10): 0.005668
Zig ZAG (10): 0.006000
VORTEX (21): 1.0882
Stochastique (14,3,5): 58.33
TEMA (21): 0.006109
Williams %R (14): -25.00
Chande Momentum Oscillator (20): 0.000100
Repulse (5,40,3): 3.4629
ROCnROLL: 1
TRIX (15,9): 0.2049
Courbe Coppock: 5.36
MA7: 0.005700
MA20: 0.005600
MA50: 0.005752
MA100: 0.005884
MAexp7: 0.006048
MAexp20: 0.005983
MAexp50: 0.005870
MAexp100: 0.005781
Price / MA7: +8.77%
Price / MA20: +10.71%
Price / MA50: +7.79%
Price / MA100: +5.37%
Price / MAexp7: +2.51%
Price / MAexp20: +3.63%
Price / MAexp50: +5.62%
Price / MAexp100: +7.25%

Quotes : - Real time data - Cryptocompare