ADVENTURE GOLD - AGLD/USD - 1H - Technical analysis published on 10/21/2023 (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:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.570834 USD
My targets
0.584339 USD (+1.17%)
0.647542 USD (+12.11%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on ADVENTURE GOLD - AGLD/USD. This is a positive signal for buyers. As long as the price remains above 0.570834 USD, a purchase could be considered. The first bullish objective is located at 0.584339 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.647542 USD as an objective. Crossing it would then enable buyers to target 0.793983 USD. In the event of a return below 0.570834 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
7.3
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Additional analysis
Quotes
The ADVENTURE GOLD - AGLD/USD rating is 0.577571 USD. The price registered an increase of +6.19% on the session and was between 0.543164 USD and 0.578464 USD. This implies that the price is at +6.33% from its lowest and at -0.15% from its highest.0.543164
0.578464
0.577571
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ADVENTURE GOLD - AGLD/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
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
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.559029 | 0.570834 | 0.576007 | 0.577571 | 0.584339 | 0.793983 | 1.299000 |
| Change (%) | -3.21% | -1.17% | -0.27% | - | +1.17% | +37.47% | +124.91% |
| Change | -0.018542 | -0.006737 | -0.001564 | - | +0.006768 | +0.216412 | +0.721429 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Minor | Major |
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 | 0.503085 | 0.514123 | 0.529021 | 0.540059 | 0.554957 | 0.565995 | 0.580893 |
| Camarilla | 0.536788 | 0.539165 | 0.541543 | 0.543920 | 0.546298 | 0.548675 | 0.551052 |
| Woodie | 0.505016 | 0.515088 | 0.530952 | 0.541024 | 0.556888 | 0.566960 | 0.582824 |
| Fibonacci | 0.514123 | 0.524030 | 0.530151 | 0.540059 | 0.549966 | 0.556087 | 0.565995 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.474451 | 0.505627 | 0.532148 | 0.563324 | 0.589845 | 0.621021 | 0.647542 |
| Camarilla | 0.542803 | 0.548092 | 0.553381 | 0.558670 | 0.563959 | 0.569248 | 0.574537 |
| Woodie | 0.472125 | 0.504463 | 0.529822 | 0.562160 | 0.587519 | 0.619857 | 0.645216 |
| Fibonacci | 0.505627 | 0.527667 | 0.541283 | 0.563324 | 0.585364 | 0.598980 | 0.621021 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.026817 | 0.217091 | 0.410083 | 0.653991 | 0.846983 | 1.090891 | 1.283883 |
| Camarilla | 0.482927 | 0.522976 | 0.563025 | 0.603074 | 0.643123 | 0.683172 | 0.723222 |
| Woodie | -0.052276 | 0.204362 | 0.384624 | 0.641262 | 0.821524 | 1.078162 | 1.258424 |
| Fibonacci | 0.217091 | 0.383987 | 0.487096 | 0.653991 | 0.820887 | 0.923996 | 1.090891 |
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): | 75.32 | |
| MACD (12,26,9): | 0.0050 | |
| Directional Movement: | 38.666126 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.554807 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.544329 | |
| Elder Ray (13): | 0.014328 | |
| Super Trend (3,10): | 0.553463 | |
| Zig ZAG (10): | 0.565880 | |
| VORTEX (21): | 1.2940 | |
| Stochastique (14,3,5): | 95.27 | |
| TEMA (21): | 0.557688 | |
| Williams %R (14): | -5.65 | |
| Chande Momentum Oscillator (20): | 0.020667 | |
| Repulse (5,40,3): | 2.6665 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0876 | |
| Courbe Coppock: | 3.21 |
| MA7: | 0.551969 | |
| MA20: | 0.564861 | |
| MA50: | 0.585085 | |
| MA100: | 0.609974 | |
| MAexp7: | 0.556108 | |
| MAexp20: | 0.548927 | |
| MAexp50: | 0.544070 | |
| MAexp100: | 0.545102 | |
| Price / MA7: | +4.64% | |
| Price / MA20: | +2.25% | |
| Price / MA50: | -1.28% | |
| Price / MA100: | -5.31% | |
| Price / MAexp7: | +3.86% | |
| Price / MAexp20: | +5.22% | |
| Price / MAexp50: | +6.16% | |
| Price / MAexp100: | +5.96% |
Quotes :
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Real time data
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