ALCHEMY PAY - ACH/USD - 1H - Technical analysis published on 06/19/2024 (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:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.022186 USD
My targets
0.023413 USD (+0.63%)
0.024499 USD (+5.30%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on ALCHEMY PAY - ACH/USD. This is a positive signal for buyers. As long as the price remains above 0.022186 USD, a purchase could be considered. The first bullish objective is located at 0.023413 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.024499 USD as an objective. Crossing it would then enable buyers to target 0.025341 USD. In the event of a return below 0.022186 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
0
10
6.1
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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 0.023266 USD. The price has increased by +8.78% since the last closing and was between 0.021130 USD and 0.023387 USD. This implies that the price is at +10.11% from its lowest and at -0.52% from its highest.0.021130
0.023387
0.023266
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of ALCHEMY PAY - ACH/USD 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 several bullish signals that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
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 : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.019574 | 0.020212 | 0.021358 | 0.023266 | 0.023413 | 0.024499 | 0.025341 |
| Change (%) | -15.87% | -13.13% | -8.20% | - | +0.63% | +5.30% | +8.92% |
| Change | -0.003692 | -0.003054 | -0.001908 | - | +0.000147 | +0.001233 | +0.002075 |
| Level | Major | Minor | Major | - | Minor | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017076 | 0.018331 | 0.019860 | 0.021115 | 0.022644 | 0.023899 | 0.025428 |
| Camarilla | 0.020623 | 0.020879 | 0.021134 | 0.021389 | 0.021644 | 0.021899 | 0.022155 |
| Woodie | 0.017213 | 0.018400 | 0.019997 | 0.021184 | 0.022781 | 0.023968 | 0.025565 |
| Fibonacci | 0.018331 | 0.019395 | 0.020052 | 0.021115 | 0.022179 | 0.022836 | 0.023899 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017857 | 0.020318 | 0.022186 | 0.024647 | 0.026515 | 0.028976 | 0.030844 |
| Camarilla | 0.022864 | 0.023260 | 0.023657 | 0.024054 | 0.024451 | 0.024848 | 0.025245 |
| Woodie | 0.017561 | 0.020170 | 0.021890 | 0.024499 | 0.026219 | 0.028828 | 0.030548 |
| Fibonacci | 0.020318 | 0.021972 | 0.022993 | 0.024647 | 0.026301 | 0.027322 | 0.028976 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015528 | 0.019907 | 0.024842 | 0.029221 | 0.034156 | 0.038535 | 0.043470 |
| Camarilla | 0.027217 | 0.028070 | 0.028924 | 0.029778 | 0.030632 | 0.031486 | 0.032339 |
| Woodie | 0.015807 | 0.020046 | 0.025121 | 0.029360 | 0.034435 | 0.038674 | 0.043749 |
| Fibonacci | 0.019907 | 0.023465 | 0.025663 | 0.029221 | 0.032779 | 0.034977 | 0.038535 |
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): | 68.25 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 17.611270 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.022671 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.022484 | |
| Elder Ray (13): | 0.000545 | |
| Super Trend (3,10): | 0.021693 | |
| Zig ZAG (10): | 0.023177 | |
| VORTEX (21): | 1.2052 | |
| Stochastique (14,3,5): | 85.80 | |
| TEMA (21): | 0.023211 | |
| Williams %R (14): | -8.78 | |
| Chande Momentum Oscillator (20): | 0.001622 | |
| Repulse (5,40,3): | 2.3739 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1692 | |
| Courbe Coppock: | 17.13 |
| MA7: | 0.023375 | |
| MA20: | 0.026792 | |
| MA50: | 0.028105 | |
| MA100: | 0.031916 | |
| MAexp7: | 0.022832 | |
| MAexp20: | 0.022229 | |
| MAexp50: | 0.022163 | |
| MAexp100: | 0.022729 | |
| Price / MA7: | -0.47% | |
| Price / MA20: | -13.16% | |
| Price / MA50: | -17.22% | |
| Price / MA100: | -27.10% | |
| Price / MAexp7: | +1.90% | |
| Price / MAexp20: | +4.67% | |
| Price / MAexp50: | +4.98% | |
| Price / MAexp100: | +2.36% |
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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