AMP - AMP/USD - 1H - Technical analysis published on 11/11/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.004040 USD
My targets
0.004679 USD (+5.63%)
0.005339 USD (+20.51%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMP - AMP/USD as long as the price remains well above 0.004040 USD. The buyers' bullish objective is set at 0.004679 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.005339 USD. If there is any crossing, the next objective would be the resistance located at 0.006760 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMP - AMP/USD rating is 0.004430 USD. The price has increased by +5.98% since the last closing and was traded between 0.004120 USD and 0.004709 USD over the period. The price is currently at +7.52% from its lowest and -5.92% from its highest.0.004120
0.004709
0.004430
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AMP - AMP/USD 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.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
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
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.003770 | 0.003820 | 0.003860 | 0.004430 | 0.006760 | 0.007240 | 0.008160 |
Change (%) | -14.90% | -13.77% | -12.87% | - | +52.60% | +63.43% | +84.20% |
Change | -0.000660 | -0.000610 | -0.000570 | - | +0.002330 | +0.002810 | +0.003730 |
Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | 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 |
---|---|---|---|---|---|---|---|
Standard | 0.003590 | 0.003780 | 0.003980 | 0.004170 | 0.004370 | 0.004560 | 0.004760 |
Camarilla | 0.004073 | 0.004109 | 0.004144 | 0.004180 | 0.004216 | 0.004252 | 0.004287 |
Woodie | 0.003595 | 0.003783 | 0.003985 | 0.004173 | 0.004375 | 0.004563 | 0.004765 |
Fibonacci | 0.003780 | 0.003929 | 0.004021 | 0.004170 | 0.004319 | 0.004411 | 0.004560 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.002081 | 0.002741 | 0.003380 | 0.004040 | 0.004679 | 0.005339 | 0.005978 |
Camarilla | 0.003663 | 0.003782 | 0.003901 | 0.004020 | 0.004139 | 0.004258 | 0.004377 |
Woodie | 0.002072 | 0.002736 | 0.003371 | 0.004035 | 0.004670 | 0.005334 | 0.005969 |
Fibonacci | 0.002741 | 0.003237 | 0.003543 | 0.004040 | 0.004536 | 0.004842 | 0.005339 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.001533 | 0.002553 | 0.003101 | 0.004121 | 0.004669 | 0.005689 | 0.006237 |
Camarilla | 0.003219 | 0.003363 | 0.003506 | 0.003650 | 0.003794 | 0.003938 | 0.004081 |
Woodie | 0.001298 | 0.002435 | 0.002866 | 0.004003 | 0.004434 | 0.005571 | 0.006002 |
Fibonacci | 0.002553 | 0.003152 | 0.003522 | 0.004121 | 0.004720 | 0.005090 | 0.005689 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 71.55 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | 29.304141 | |
AROON (14): | 92.857143 | |
DEMA (21): | 0.004349 | |
Parabolic SAR (0,02-0,02-0,2): | 0.004061 | |
Elder Ray (13): | 0.000283 | |
Super Trend (3,10): | 0.004136 | |
Zig ZAG (10): | 0.004530 | |
VORTEX (21): | 1.1142 | |
Stochastique (14,3,5): | 71.56 | |
TEMA (21): | 0.004383 | |
Williams %R (14): | -27.43 | |
Chande Momentum Oscillator (20): | 0.000370 | |
Repulse (5,40,3): | 2.9387 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1823 | |
Courbe Coppock: | 6.35 |
MA7: | 0.003946 | |
MA20: | 0.003804 | |
MA50: | 0.003904 | |
MA100: | 0.003836 | |
MAexp7: | 0.004345 | |
MAexp20: | 0.004281 | |
MAexp50: | 0.004148 | |
MAexp100: | 0.004009 | |
Price / MA7: | +12.27% | |
Price / MA20: | +16.46% | |
Price / MA50: | +13.47% | |
Price / MA100: | +15.48% | |
Price / MAexp7: | +1.96% | |
Price / MAexp20: | +3.48% | |
Price / MAexp50: | +6.80% | |
Price / MAexp100: | +10.50% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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