KAON - AKRO/USDT
KAON - AKRO/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: AKROUSDT
ISIN:

KAON - AKRO/USDT - 1H - Technical analysis published on 03/02/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.006114 USDT
My targets
0.006304 USDT (+1.32%)
0.006777 USDT (+8.92%)
My analysis
AKROPOLIS - AKRO/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.006114 USDT. The next resistance located at 0.006304 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.006777 USDT. After this resistance, buyers could then target 0.017078 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
6.6

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 MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The AKROPOLIS - AKRO/USDT price is 0.006222 USDT. The price registered an increase of +23.45% on the session with the lowest point at 0.004821 USDT and the highest point at 0.006229 USDT. The deviation from the price is +29.06% for the low point and -0.11% for the high point.

0.004821
0.006229
0.006222

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

Technical


Technical analysis of AKROPOLIS - AKRO/USDT in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour


Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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 3

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


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.004534 0.005029 0.005455 0.006222 0.006304 0.006777 0.017078
Change (%) -27.13% -19.17% -12.33% - +1.32% +8.92% +174.48%
Change -0.001688 -0.001193 -0.000767 - +0.000082 +0.000555 +0.010856
Level Intermediate Intermediate Intermediate - Minor Major 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
Standard0.0047960.0048830.0049620.0050490.0051280.0052150.005294
Camarilla0.0049940.0050100.0050250.0050400.0050550.0050700.005086
Woodie0.0047910.0048810.0049570.0050470.0051230.0052130.005289
Fibonacci0.0048830.0049470.0049860.0050490.0051130.0051520.005215


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0032280.0039240.0043230.0050190.0054180.0061140.006513
Camarilla0.0044200.0045200.0046210.0047210.0048210.0049220.005022
Woodie0.0030790.0038500.0041740.0049450.0052690.0060400.006364
Fibonacci0.0039240.0043430.0046010.0050190.0054380.0056960.006114


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0006360.0012960.0030080.0049400.0066520.0085840.010296
Camarilla0.0037190.0040530.0043870.0047210.0050550.0053890.005723
Woodie-0.0007450.0012410.0028990.0048850.0065430.0085290.010187
Fibonacci0.0012960.0026880.0035480.0049400.0063320.0071920.008584

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): 69.33
MACD (12,26,9): 0.0000
Directional Movement: 26.805861
AROON (14): 14.285714
DEMA (21): 0.004979
Parabolic SAR (0,02-0,02-0,2): 0.004821
Elder Ray (13): 0.000146
Super Trend (3,10): 0.004871
Zig ZAG (10): 0.005297
VORTEX (21): 0.9576
Stochastique (14,3,5): 72.83
TEMA (21): 0.005050
Williams %R (14): -0.15
Chande Momentum Oscillator (20): 0.000559
Repulse (5,40,3): 16.7059
ROCnROLL: 1
TRIX (15,9): -0.0140
Courbe Coppock: 1.29
MA7: 0.005058
MA20: 0.004447
MA50: 0.003861
MA100: 0.003380
MAexp7: 0.005156
MAexp20: 0.004965
MAexp50: 0.004968
MAexp100: 0.004960
Price / MA7: +23.01%
Price / MA20: +39.91%
Price / MA50: +61.15%
Price / MA100: +84.08%
Price / MAexp7: +20.67%
Price / MAexp20: +25.32%
Price / MAexp50: +25.24%
Price / MAexp100: +25.44%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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