ALPHA FINANCE LAB - ALPHA/USDT - 1H - Technical analysis published on 05/09/2024 (GMT)
- 68
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
56%
17%
28%
My opinion
Neutral between 0.106764 USDT and 0.110292 USDT
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.110292 USDT. The first support is located at 0.106764 USDT. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by ALPHA FINANCE LAB - ALPHA/USDT.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALPHA FINANCE LAB - ALPHA/USDT rating is 0.108452 USDT. The price has increased by +1.53% since the last closing with the lowest point at 0.104250 USDT and the highest point at 0.108493 USDT. The deviation from the price is +4.03% for the low point and -0.04% for the high point.0.104250
0.108493
0.108452
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Technical
A technical analysis in 1H of this ALPHA FINANCE LAB - ALPHA/USDT chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.104751 | 0.106764 | 0.108230 | 0.108452 | 0.110292 | 0.112353 | 0.132312 |
| Change (%) | -3.41% | -1.56% | -0.20% | - | +1.70% | +3.60% | +22.00% |
| Change | -0.003701 | -0.001688 | -0.000222 | - | +0.001840 | +0.003901 | +0.023860 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.098742 | 0.101737 | 0.104276 | 0.107271 | 0.109810 | 0.112805 | 0.115344 |
| Camarilla | 0.105294 | 0.105801 | 0.106309 | 0.106816 | 0.107323 | 0.107831 | 0.108338 |
| Woodie | 0.098515 | 0.101623 | 0.104049 | 0.107157 | 0.109583 | 0.112691 | 0.115117 |
| Fibonacci | 0.101737 | 0.103851 | 0.105157 | 0.107271 | 0.109385 | 0.110691 | 0.112805 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.076804 | 0.086878 | 0.098840 | 0.108914 | 0.120876 | 0.130950 | 0.142912 |
| Camarilla | 0.104743 | 0.106763 | 0.108783 | 0.110803 | 0.112823 | 0.114843 | 0.116863 |
| Woodie | 0.077749 | 0.087350 | 0.099785 | 0.109386 | 0.121821 | 0.131422 | 0.143857 |
| Fibonacci | 0.086878 | 0.095295 | 0.100496 | 0.108914 | 0.117331 | 0.122532 | 0.130950 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.038514 | 0.030234 | 0.067857 | 0.136605 | 0.174228 | 0.242976 | 0.280599 |
| Camarilla | 0.076227 | 0.085978 | 0.095728 | 0.105479 | 0.115230 | 0.124980 | 0.134731 |
| Woodie | -0.054078 | 0.022453 | 0.052294 | 0.128824 | 0.158665 | 0.235195 | 0.265036 |
| Fibonacci | 0.030234 | 0.070868 | 0.095972 | 0.136605 | 0.177239 | 0.202343 | 0.242976 |
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): | 53.00 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -4.162726 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.106804 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.104250 | |
| Elder Ray (13): | 0.000723 | |
| Super Trend (3,10): | 0.109526 | |
| Zig ZAG (10): | 0.107524 | |
| VORTEX (21): | 0.9582 | |
| Stochastique (14,3,5): | 71.46 | |
| TEMA (21): | 0.106905 | |
| Williams %R (14): | -19.44 | |
| Chande Momentum Oscillator (20): | -0.000346 | |
| Repulse (5,40,3): | 0.6671 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0280 | |
| Courbe Coppock: | 1.43 |
| MA7: | 0.109553 | |
| MA20: | 0.113989 | |
| MA50: | 0.135954 | |
| MA100: | 0.136757 | |
| MAexp7: | 0.107039 | |
| MAexp20: | 0.107130 | |
| MAexp50: | 0.107740 | |
| MAexp100: | 0.108542 | |
| Price / MA7: | -1.00% | |
| Price / MA20: | -4.86% | |
| Price / MA50: | -20.23% | |
| Price / MA100: | -20.70% | |
| Price / MAexp7: | +1.32% | |
| Price / MAexp20: | +1.23% | |
| Price / MAexp50: | +0.66% | |
| Price / MAexp100: | -0.08% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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