AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR

- EUR (-)

- Real time data - Cryptocompare

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Change:	-
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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
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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 (+3.27%)

3.64 EUR (+22.56%)

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.

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

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.

Additional analysis

Quotes

The AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR price is 2.97 EUR. The price is lower by -13.91% since the last closing with the lowest point at 2.87 EUR and the highest point at 3.85 EUR. The deviation from the price is +3.48% for the low point and -22.86% for the high point.

2.87

3.85

2.97

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

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this Daily chart of AMPLEFORTH GOVERNANCE TOKEN - FORTH/EUR indicates that the overall trend is bullish. 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. 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

In fact, 14 technical indicators on 18 studied are currently bullish. 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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

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

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Long black line

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.23	2.54	2.75	2.97	3.64	4.04	4.44
Change (%)	-24.92%	-14.48%	-7.41%	-	+22.56%	+36.03%	+49.49%
Change	-0.74	-0.43	-0.22	-	+0.67	+1.07	+1.47
Level	Major	Intermediate	Major	-	Minor	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	60.46
MACD (12,26,9):	0.1400
Directional Movement:	48.89
AROON (14):	92.86
DEMA (21):	2.73
Parabolic SAR (0,02-0,02-0,2):	2.46
Elder Ray (13):	0.70
Super Trend (3,10):	2.30
Zig ZAG (10):	2.95
VORTEX (21):	1.0700
Stochastique (14,3,5):	53.75
TEMA (21):	2.85
Williams %R (14):	-58.82
Chande Momentum Oscillator (20):	0.19
Repulse (5,40,3):	-9.6200
ROCnROLL:	1
TRIX (15,9):	0.4800
Courbe Coppock:	27.13

MA7:	2.69
MA20:	2.52
MA50:	2.33
MA100:	2.55
MAexp7:	2.79
MAexp20:	2.58
MAexp50:	2.48
MAexp100:	2.58
Price / MA7:	+10.41%
Price / MA20:	+17.86%
Price / MA50:	+27.47%
Price / MA100:	+16.47%
Price / MAexp7:	+6.45%
Price / MAexp20:	+15.12%
Price / MAexp50:	+19.76%
Price / MAexp100:	+15.12%

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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