AUDIUS - AUDIO/USD - 1H - Technical analysis published on 09/16/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.154633 USD
My targets
0.163300 USD (+1.49%)
0.174367 USD (+8.37%)
My analysis
AUDIUS - AUDIO/USD 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 0.154633 USD. The next resistance located at 0.163300 USD 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 0.174367 USD. After this resistance, buyers could then target 0.196400 USD. 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.
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
8.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUDIUS - AUDIO/USD rating 0.160900 USD. The price registered an increase of +7.48% on the session and was traded between 0.147600 USD and 0.162100 USD over the period. The price is currently at +9.01% from its lowest and -0.74% from its highest.0.147600
0.162100
0.160900
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUDIUS - AUDIO/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUDIUS - AUDIO/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
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 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Long white line
Type : Bullish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.149229 | 0.150900 | 0.154633 | 0.160900 | 0.163300 | 0.196400 | 0.229700 |
| Change (%) | -7.25% | -6.22% | -3.89% | - | +1.49% | +22.06% | +42.76% |
| Change | -0.011671 | -0.010000 | -0.006267 | - | +0.002400 | +0.035500 | +0.068800 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.141067 | 0.143233 | 0.146467 | 0.148633 | 0.151867 | 0.154033 | 0.157267 |
| Camarilla | 0.148215 | 0.148710 | 0.149205 | 0.149700 | 0.150195 | 0.150690 | 0.151185 |
| Woodie | 0.141600 | 0.143500 | 0.147000 | 0.148900 | 0.152400 | 0.154300 | 0.157800 |
| Fibonacci | 0.143233 | 0.145296 | 0.146571 | 0.148633 | 0.150696 | 0.151971 | 0.154033 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.129633 | 0.137167 | 0.148233 | 0.155767 | 0.166833 | 0.174367 | 0.185433 |
| Camarilla | 0.154185 | 0.155890 | 0.157595 | 0.159300 | 0.161005 | 0.162710 | 0.164415 |
| Woodie | 0.131400 | 0.138050 | 0.150000 | 0.156650 | 0.168600 | 0.175250 | 0.187200 |
| Fibonacci | 0.137167 | 0.144272 | 0.148662 | 0.155767 | 0.162872 | 0.167262 | 0.174367 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001233 | 0.072467 | 0.111233 | 0.182467 | 0.221233 | 0.292467 | 0.331233 |
| Camarilla | 0.119750 | 0.129833 | 0.139917 | 0.150000 | 0.160083 | 0.170167 | 0.180250 |
| Woodie | -0.015000 | 0.064350 | 0.095000 | 0.174350 | 0.205000 | 0.284350 | 0.315000 |
| Fibonacci | 0.072467 | 0.114487 | 0.140447 | 0.182467 | 0.224487 | 0.250447 | 0.292467 |
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): | 77.96 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 42.358684 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.152750 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.148160 | |
| Elder Ray (13): | 0.006620 | |
| Super Trend (3,10): | 0.153326 | |
| Zig ZAG (10): | 0.158500 | |
| VORTEX (21): | 1.2601 | |
| Stochastique (14,3,5): | 94.07 | |
| TEMA (21): | 0.153569 | |
| Williams %R (14): | -11.86 | |
| Chande Momentum Oscillator (20): | 0.008000 | |
| Repulse (5,40,3): | 4.4770 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0593 | |
| Courbe Coppock: | 2.32 |
| MA7: | 0.148329 | |
| MA20: | 0.150705 | |
| MA50: | 0.162780 | |
| MA100: | 0.172775 | |
| MAexp7: | 0.153228 | |
| MAexp20: | 0.151081 | |
| MAexp50: | 0.149419 | |
| MAexp100: | 0.148744 | |
| Price / MA7: | +8.48% | |
| Price / MA20: | +6.76% | |
| Price / MA50: | -1.15% | |
| Price / MA100: | -6.87% | |
| Price / MAexp7: | +5.01% | |
| Price / MAexp20: | +6.50% | |
| Price / MAexp50: | +7.68% | |
| Price / MAexp100: | +8.17% |
Quotes :
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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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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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