ALCHEMY PAY - ACH/USD - 1H - Technical analysis published on 05/18/2024 (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%
0%
11%
My opinion
Bullish above 0.029410 USD
My targets
0.030906 USD (+0.93%)
0.034145 USD (+11.50%)
My analysis
The bullish trend is currently very strong on ALCHEMY PAY - ACH/USD. As long as the price remains above the support at 0.029410 USD, you could try to benefit from the boom. The first bullish objective is located at 0.030906 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.034145 USD as an objective. Crossing it would then enable buyers to target 0.035870 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALCHEMY PAY - ACH/USD price is 0.030622 USD. The price registered an increase of +5.87% on the session and was between 0.028411 USD and 0.031077 USD. This implies that the price is at +7.78% from its lowest and at -1.46% from its highest.0.028411
0.031077
0.030622
A study of price movements over other periods shows the following variations:
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.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.026979 | 0.028839 | 0.029410 | 0.030622 | 0.030906 | 0.035870 | 0.043650 |
| Change (%) | -11.90% | -5.82% | -3.96% | - | +0.93% | +17.14% | +42.54% |
| Change | -0.003643 | -0.001783 | -0.001212 | - | +0.000284 | +0.005248 | +0.013028 |
| Level | Major | Minor | Intermediate | - | Minor | Intermediate | 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 | 0.026412 | 0.027108 | 0.028017 | 0.028713 | 0.029622 | 0.030318 | 0.031227 |
| Camarilla | 0.028484 | 0.028631 | 0.028778 | 0.028925 | 0.029072 | 0.029219 | 0.029366 |
| Woodie | 0.026518 | 0.027161 | 0.028123 | 0.028766 | 0.029728 | 0.030371 | 0.031333 |
| Fibonacci | 0.027108 | 0.027721 | 0.028100 | 0.028713 | 0.029326 | 0.029705 | 0.030318 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019676 | 0.022874 | 0.024499 | 0.027697 | 0.029322 | 0.032520 | 0.034145 |
| Camarilla | 0.024798 | 0.025240 | 0.025682 | 0.026124 | 0.026566 | 0.027008 | 0.027450 |
| Woodie | 0.018890 | 0.022481 | 0.023713 | 0.027304 | 0.028536 | 0.032127 | 0.033359 |
| Fibonacci | 0.022874 | 0.024716 | 0.025855 | 0.027697 | 0.029539 | 0.030678 | 0.032520 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001805 | 0.011224 | 0.020230 | 0.029649 | 0.038655 | 0.048074 | 0.057080 |
| Camarilla | 0.024168 | 0.025857 | 0.027546 | 0.029235 | 0.030924 | 0.032613 | 0.034302 |
| Woodie | 0.001598 | 0.011121 | 0.020023 | 0.029546 | 0.038448 | 0.047971 | 0.056873 |
| Fibonacci | 0.011224 | 0.018263 | 0.022611 | 0.029649 | 0.036688 | 0.041036 | 0.048074 |
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): | 72.54 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 24.640566 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.030199 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.029191 | |
| Elder Ray (13): | 0.000766 | |
| Super Trend (3,10): | 0.029615 | |
| Zig ZAG (10): | 0.030683 | |
| VORTEX (21): | 1.2335 | |
| Stochastique (14,3,5): | 91.19 | |
| TEMA (21): | 0.030327 | |
| Williams %R (14): | -2.70 | |
| Chande Momentum Oscillator (20): | 0.000948 | |
| Repulse (5,40,3): | 2.1322 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1576 | |
| Courbe Coppock: | 5.78 |
| MA7: | 0.027434 | |
| MA20: | 0.028288 | |
| MA50: | 0.031178 | |
| MA100: | 0.031113 | |
| MAexp7: | 0.030201 | |
| MAexp20: | 0.029681 | |
| MAexp50: | 0.028994 | |
| MAexp100: | 0.028242 | |
| Price / MA7: | +11.62% | |
| Price / MA20: | +8.25% | |
| Price / MA50: | -1.78% | |
| Price / MA100: | -1.58% | |
| Price / MAexp7: | +1.39% | |
| Price / MAexp20: | +3.17% | |
| Price / MAexp50: | +5.61% | |
| Price / MAexp100: | +8.43% |
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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