AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD - 1H - Technical analysis published on 08/25/2023 (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
50%
22%
28%
My opinion
Bullish above 2.67 USD
My targets
2.77 USD (+2.59%)
2.82 USD (+4.44%)
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 2.67 USD. The next resistance located at 2.77 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 2.82 USD. After this resistance, buyers could then target 3.00 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
7
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Additional analysis
Quotes
The AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD price is 2.70 USD. The price registered an increase of +3.85% on the session and was traded between 2.58 USD and 2.74 USD over the period. The price is currently at +4.65% from its lowest and -1.46% from its highest.2.58
2.74
2.70
Here is a more detailed summary of the historical variations registered by AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD:
Technical
Technical analysis of this 1H chart of AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.51 | 2.59 | 2.67 | 2.70 | 2.77 | 2.82 | 3.00 |
| Change (%) | -7.04% | -4.07% | -1.11% | - | +2.59% | +4.44% | +11.11% |
| Change | -0.19 | -0.11 | -0.03 | - | +0.07 | +0.12 | +0.30 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.22 | 2.37 | 2.48 | 2.63 | 2.74 | 2.89 | 3.00 |
| Camarilla | 2.53 | 2.55 | 2.58 | 2.60 | 2.62 | 2.65 | 2.67 |
| Woodie | 2.21 | 2.36 | 2.47 | 2.62 | 2.73 | 2.88 | 2.99 |
| Fibonacci | 2.37 | 2.47 | 2.53 | 2.63 | 2.73 | 2.79 | 2.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.94 | 2.23 | 2.44 | 2.73 | 2.94 | 3.23 | 3.44 |
| Camarilla | 2.52 | 2.57 | 2.61 | 2.66 | 2.71 | 2.75 | 2.80 |
| Woodie | 1.91 | 2.21 | 2.41 | 2.71 | 2.91 | 3.21 | 3.41 |
| Fibonacci | 2.23 | 2.42 | 2.54 | 2.73 | 2.92 | 3.04 | 3.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.39 | 1.42 | 2.18 | 3.21 | 3.97 | 5.00 | 5.76 |
| Camarilla | 2.45 | 2.61 | 2.78 | 2.94 | 3.10 | 3.27 | 3.43 |
| Woodie | 0.26 | 1.35 | 2.05 | 3.14 | 3.84 | 4.93 | 5.63 |
| Fibonacci | 1.42 | 2.10 | 2.53 | 3.21 | 3.89 | 4.32 | 5.00 |
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): | 54.39 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 18.02 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 2.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.60 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 2.55 | |
| Zig ZAG (10): | 2.68 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 46.67 | |
| TEMA (21): | 2.69 | |
| Williams %R (14): | -54.55 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 2.33 |
| MA7: | 2.59 | |
| MA20: | 2.77 | |
| MA50: | 2.78 | |
| MA100: | 2.67 | |
| MAexp7: | 2.68 | |
| MAexp20: | 2.66 | |
| MAexp50: | 2.62 | |
| MAexp100: | 2.60 | |
| Price / MA7: | +4.25% | |
| Price / MA20: | -2.53% | |
| Price / MA50: | -2.88% | |
| Price / MA100: | +1.12% | |
| Price / MAexp7: | +0.75% | |
| Price / MAexp20: | +1.50% | |
| Price / MAexp50: | +3.05% | |
| Price / MAexp100: | +3.85% |
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
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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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