AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	FORTHUSD
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AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD - Daily - Technical analysis published on 07/27/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD - Daily

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 2.52 USD

My targets

3.20 USD (+9.59%)

3.94 USD (+34.93%)

My analysis

AMPLEFORTH GOVERNANCE TOKEN - FORTH/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 2.52 USD. The next resistance located at 3.20 USD is the next bullish target 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 3.94 USD. After this resistance, buyers could then target 4.31 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.7

Comment on the analysis

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

The AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD price is 2.92 USD. On the day, this instrument gained +8.55% and was traded between 2.68 USD and 2.92 USD over the period. The price is currently at +8.96% from its lowest and 0% from its highest.

2.68

2.92

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	2.19	2.52	2.92	3.20	3.94	4.31
Change (%)	-25.00%	-13.70%	-	+9.59%	+34.93%	+47.60%
Change	-0.73	-0.40	-	+0.28	+1.02	+1.39
Level	Major	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	2.56	2.60	2.65	2.69	2.74	2.78	2.83
Camarilla	2.67	2.67	2.68	2.69	2.70	2.71	2.72
Woodie	2.56	2.60	2.65	2.69	2.74	2.78	2.83
Fibonacci	2.60	2.64	2.66	2.69	2.73	2.75	2.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.84	1.66	2.17	2.99	3.50	4.32	4.83
Camarilla	2.31	2.44	2.56	2.68	2.80	2.92	3.05
Woodie	0.69	1.58	2.02	2.91	3.35	4.24	4.68
Fibonacci	1.66	2.17	2.48	2.99	3.50	3.81	4.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.53	1.81	2.16	2.44	2.79	3.07	3.42
Camarilla	2.35	2.41	2.46	2.52	2.58	2.64	2.69
Woodie	1.58	1.83	2.21	2.46	2.84	3.09	3.47
Fibonacci	1.81	2.05	2.20	2.44	2.68	2.83	3.07

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):	60.83
MACD (12,26,9):	0.0600
Directional Movement:	28.52
AROON (14):	7.14
DEMA (21):	2.75
Parabolic SAR (0,02-0,02-0,2):	3.71
Elder Ray (13):	0.08
Super Trend (3,10):	2.39
Zig ZAG (10):	2.85
VORTEX (21):	1.0400
Stochastique (14,3,5):	20.08
TEMA (21):	2.79
Williams %R (14):	-72.18
Chande Momentum Oscillator (20):	0.27
Repulse (5,40,3):	5.1400
ROCnROLL:	1
TRIX (15,9):	0.3500
Courbe Coppock:	12.91

MA7:	2.72
MA20:	2.66
MA50:	2.49
MA100:	2.78
MAexp7:	2.73
MAexp20:	2.67
MAexp50:	2.64
MAexp100:	2.78
Price / MA7:	+7.35%
Price / MA20:	+9.77%
Price / MA50:	+17.27%
Price / MA100:	+5.04%
Price / MAexp7:	+6.96%
Price / MAexp20:	+9.36%
Price / MAexp50:	+10.61%
Price / MAexp100:	+5.04%

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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