ALCHEMY PAY - ACH/USD - 1H - Technical analysis published on 09/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.014680 USD
My targets
0.014930 USD (+0.95%)
0.015600 USD (+5.48%)
My analysis
ALCHEMY PAY - ACH/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 0.014680 USD. The next resistance located at 0.014930 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 0.015600 USD. After this resistance, buyers could then target 0.019085 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 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
0
10
8.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ALCHEMY PAY - ACH/USD rating 0.014790 USD. On the day, this instrument gained +6.10% with the lowest point at 0.013940 USD and the highest point at 0.015080 USD. The deviation from the price is +6.10% for the low point and -1.92% for the high point.0.013940
0.015080
0.014790
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 ALCHEMY PAY - ACH/USD:
Technical
Technical analysis of ALCHEMY PAY - ACH/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.013443 | 0.014041 | 0.014680 | 0.014790 | 0.015600 | 0.019085 | 0.025594 |
| Change (%) | -9.11% | -5.06% | -0.74% | - | +5.48% | +29.04% | +73.05% |
| Change | -0.001347 | -0.000749 | -0.000110 | - | +0.000810 | +0.004295 | +0.010804 |
| Level | Major | Major | Minor | - | 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 | 0.012683 | 0.013067 | 0.013503 | 0.013887 | 0.014323 | 0.014707 | 0.015143 |
| Camarilla | 0.013715 | 0.013790 | 0.013865 | 0.013940 | 0.014015 | 0.014090 | 0.014166 |
| Woodie | 0.012710 | 0.013080 | 0.013530 | 0.013900 | 0.014350 | 0.014720 | 0.015170 |
| Fibonacci | 0.013067 | 0.013380 | 0.013573 | 0.013887 | 0.014200 | 0.014393 | 0.014707 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.009813 | 0.011247 | 0.012733 | 0.014167 | 0.015653 | 0.017087 | 0.018573 |
| Camarilla | 0.013417 | 0.013685 | 0.013952 | 0.014220 | 0.014488 | 0.014755 | 0.015023 |
| Woodie | 0.009840 | 0.011260 | 0.012760 | 0.014180 | 0.015680 | 0.017100 | 0.018600 |
| Fibonacci | 0.011247 | 0.012362 | 0.013051 | 0.014167 | 0.015282 | 0.015971 | 0.017087 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006210 | 0.009620 | 0.011520 | 0.014930 | 0.016830 | 0.020240 | 0.022140 |
| Camarilla | 0.011960 | 0.012447 | 0.012933 | 0.013420 | 0.013907 | 0.014394 | 0.014880 |
| Woodie | 0.005455 | 0.009243 | 0.010765 | 0.014553 | 0.016075 | 0.019863 | 0.021385 |
| Fibonacci | 0.009620 | 0.011648 | 0.012902 | 0.014930 | 0.016958 | 0.018212 | 0.020240 |
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): | 64.97 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 39.396467 | |
| AROON (14): | 64.285714 | |
| DEMA (21): | 0.014372 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.013995 | |
| Elder Ray (13): | 0.000570 | |
| Super Trend (3,10): | 0.014134 | |
| Zig ZAG (10): | 0.014660 | |
| VORTEX (21): | 1.1855 | |
| Stochastique (14,3,5): | 82.54 | |
| TEMA (21): | 0.014485 | |
| Williams %R (14): | -34.21 | |
| Chande Momentum Oscillator (20): | 0.000700 | |
| Repulse (5,40,3): | 1.4940 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1062 | |
| Courbe Coppock: | 5.05 |
| MA7: | 0.013987 | |
| MA20: | 0.013597 | |
| MA50: | 0.015283 | |
| MA100: | 0.017639 | |
| MAexp7: | 0.014424 | |
| MAexp20: | 0.014170 | |
| MAexp50: | 0.013980 | |
| MAexp100: | 0.013867 | |
| Price / MA7: | +5.74% | |
| Price / MA20: | +8.77% | |
| Price / MA50: | -3.23% | |
| Price / MA100: | -16.15% | |
| Price / MAexp7: | +2.54% | |
| Price / MAexp20: | +4.38% | |
| Price / MAexp50: | +5.79% | |
| Price / MAexp100: | +6.66% |
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.
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