AMP - AMP/USD - 1H - Technical analysis published on 01/06/2024 (GMT)
- 162
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Slightly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.003281 USD
My targets
0.003570 USD (+3.78%)
0.003730 USD (+8.43%)
My analysis
The strong short-term increase for AMP - AMP/USD reinforces the current slightly bullish trend. As long as the price remains above 0.003281 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.003570 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.003730 USD as an objective. Crossing it would then enable buyers to target 0.003880 USD. A return to 0.003281 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a 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
5.2
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.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AMP - AMP/USD rating 0.003440 USD. The price registered an increase of +5.20% on the session and was traded between 0.003040 USD and 0.003770 USD over the period. The price is currently at +13.16% from its lowest and -8.75% from its highest.0.003040
0.003770
0.003440
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of AMP - AMP/USD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 50
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
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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Long black line
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.002670 | 0.003170 | 0.003281 | 0.003440 | 0.003570 | 0.003730 | 0.003880 |
| Change (%) | -22.38% | -7.85% | -4.62% | - | +3.78% | +8.43% | +12.79% |
| Change | -0.000770 | -0.000270 | -0.000159 | - | +0.000130 | +0.000290 | +0.000440 |
| Level | Major | Intermediate | Minor | - | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002825 | 0.002997 | 0.003134 | 0.003306 | 0.003443 | 0.003615 | 0.003752 |
| Camarilla | 0.003185 | 0.003213 | 0.003242 | 0.003270 | 0.003298 | 0.003327 | 0.003355 |
| Woodie | 0.002807 | 0.002988 | 0.003116 | 0.003297 | 0.003425 | 0.003606 | 0.003734 |
| Fibonacci | 0.002997 | 0.003115 | 0.003188 | 0.003306 | 0.003424 | 0.003497 | 0.003615 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002870 | 0.003220 | 0.003400 | 0.003750 | 0.003930 | 0.004280 | 0.004460 |
| Camarilla | 0.003434 | 0.003483 | 0.003531 | 0.003580 | 0.003629 | 0.003677 | 0.003726 |
| Woodie | 0.002785 | 0.003178 | 0.003315 | 0.003708 | 0.003845 | 0.004238 | 0.004375 |
| Fibonacci | 0.003220 | 0.003423 | 0.003548 | 0.003750 | 0.003953 | 0.004078 | 0.004280 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000297 | 0.001373 | 0.002527 | 0.003603 | 0.004757 | 0.005833 | 0.006987 |
| Camarilla | 0.003067 | 0.003271 | 0.003476 | 0.003680 | 0.003884 | 0.004089 | 0.004293 |
| Woodie | 0.000335 | 0.001393 | 0.002565 | 0.003623 | 0.004795 | 0.005853 | 0.007025 |
| Fibonacci | 0.001373 | 0.002225 | 0.002752 | 0.003603 | 0.004455 | 0.004982 | 0.005833 |
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): | 72.76 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 40.929897 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.003247 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.003080 | |
| Elder Ray (13): | 0.000284 | |
| Super Trend (3,10): | 0.003201 | |
| Zig ZAG (10): | 0.003500 | |
| VORTEX (21): | 1.1198 | |
| Stochastique (14,3,5): | 69.69 | |
| TEMA (21): | 0.003310 | |
| Williams %R (14): | -36.99 | |
| Chande Momentum Oscillator (20): | 0.000420 | |
| Repulse (5,40,3): | 3.8049 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1164 | |
| Courbe Coppock: | 7.28 |
| MA7: | 0.003529 | |
| MA20: | 0.003717 | |
| MA50: | 0.003289 | |
| MA100: | 0.002489 | |
| MAexp7: | 0.003318 | |
| MAexp20: | 0.003238 | |
| MAexp50: | 0.003275 | |
| MAexp100: | 0.003365 | |
| Price / MA7: | -2.52% | |
| Price / MA20: | -7.45% | |
| Price / MA50: | +4.59% | |
| Price / MA100: | +38.21% | |
| Price / MAexp7: | +3.68% | |
| Price / MAexp20: | +6.24% | |
| Price / MAexp50: | +5.04% | |
| Price / MAexp100: | +2.23% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AMP - AMP/USD - 1H