AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR

- EUR (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	FORTHEUR
ISIN:

AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR - Daily - Technical analysis published on 07/30/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR - Daily

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

17%

My opinion

Bullish above 2.75 EUR

My targets

3.07 EUR (+1.89%)

3.64 EUR (+20.93%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR as long as the price remains well above 2.75 EUR. The buyers' bullish objective is set at 3.07 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.64 EUR. If there is any crossing, the next objective would be the resistance located at 4.04 EUR.

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

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 Titano. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR rating 3.01 EUR. The price is lower by -12.75% since the last closing and was traded between 2.87 EUR and 3.85 EUR over the period. The price is currently at +4.88% from its lowest and -21.82% from its highest.

2.87

3.85

3.01

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Long black line

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.23	2.54	2.75	3.01	3.64	4.04	4.44
Change (%)	-25.91%	-15.61%	-8.64%	-	+20.93%	+34.22%	+47.51%
Change	-0.78	-0.47	-0.26	-	+0.63	+1.03	+1.43
Level	Major	Intermediate	Major	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.84	2.19	2.82	3.17	3.80	4.15	4.78
Camarilla	3.18	3.27	3.36	3.45	3.54	3.63	3.72
Woodie	1.98	2.26	2.96	3.24	3.94	4.22	4.92
Fibonacci	2.19	2.56	2.80	3.17	3.54	3.78	4.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.52	1.94	2.69	3.11	3.86	4.28	5.03
Camarilla	3.13	3.24	3.34	3.45	3.56	3.67	3.77
Woodie	1.70	2.02	2.87	3.19	4.04	4.36	5.21
Fibonacci	1.94	2.38	2.66	3.11	3.55	3.83	4.28

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.39	1.65	1.95	2.21	2.51	2.77	3.07
Camarilla	2.09	2.14	2.19	2.24	2.29	2.34	2.39
Woodie	1.40	1.66	1.96	2.22	2.52	2.78	3.08
Fibonacci	1.65	1.87	2.00	2.21	2.43	2.56	2.77

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):	60.74
MACD (12,26,9):	0.1400
Directional Movement:	48.89
AROON (14):	92.86
DEMA (21):	2.74
Parabolic SAR (0,02-0,02-0,2):	2.46
Elder Ray (13):	0.70
Super Trend (3,10):	2.30
Zig ZAG (10):	2.96
VORTEX (21):	1.0700
Stochastique (14,3,5):	53.53
TEMA (21):	2.85
Williams %R (14):	-58.17
Chande Momentum Oscillator (20):	0.20
Repulse (5,40,3):	-8.8400
ROCnROLL:	1
TRIX (15,9):	0.4800
Courbe Coppock:	27.28

MA7:	2.69
MA20:	2.52
MA50:	2.33
MA100:	2.55
MAexp7:	2.79
MAexp20:	2.58
MAexp50:	2.49
MAexp100:	2.58
Price / MA7:	+11.90%
Price / MA20:	+19.44%
Price / MA50:	+29.18%
Price / MA100:	+18.04%
Price / MAexp7:	+7.89%
Price / MAexp20:	+16.67%
Price / MAexp50:	+20.88%
Price / MAexp100:	+16.67%

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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