AURORA - AURORA/USD
AURORA - AURORA/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: AURORAUSD
ISIN:

AURORA - AURORA/USD - Daily - Technical analysis published on 01/11/2024 (GMT)

  • 158
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 0.293655 USD
My targets
0.379726 USD (+24.44%)
0.399836 USD (+31.03%)
My analysis
The bullish trend is currently very strong on AURORA - AURORA/USD. As long as the price remains above the support at 0.293655 USD, you could try to benefit from the boom. The first bullish objective is located at 0.379726 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.399836 USD as an objective. Crossing it would then enable buyers to target 0.447204 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.7

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 SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

AURORA - AURORA/USD rating 0.305143 USD. On the day, this instrument gained +19.68% with the lowest point at 0.249021 USD and the highest point at 0.325966 USD. The deviation from the price is +22.54% for the low point and -6.39% for the high point.

0.249021
0.325966
0.305143

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this Daily chart of AURORA - AURORA/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 0.084470 0.138994 0.293655 0.305143 0.399836 0.447204
Change (%) -72.32% -54.45% -3.76% - +31.03% +46.56%
Change -0.220673 -0.166149 -0.011488 - +0.094693 +0.142061
Level Intermediate Minor Major - Minor Intermediate



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
Standard0.1948980.2114130.2331870.2497020.2714760.2879910.309765
Camarilla0.2444310.2479400.2514500.2549600.2584700.2619800.265490
Woodie0.1975270.2127280.2358160.2510170.2741050.2893060.312394
Fibonacci0.2114130.2260400.2350760.2497020.2643290.2733650.287991


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1507910.1883790.2172480.2548360.2837050.3212930.350162
Camarilla0.2278400.2339320.2400240.2461160.2522080.2583000.264392
Woodie0.1464310.1861990.2128880.2526560.2793450.3191130.345802
Fibonacci0.1883790.2137660.2294500.2548360.2802230.2959070.321293


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.586086-0.2265450.0201850.3797260.6264560.9859971.232727
Camarilla0.1001920.1557660.2113410.2669160.3224910.3780660.433641
Woodie-0.642491-0.254748-0.0362200.3515230.5700520.9577941.176323
Fibonacci-0.2265450.0050500.1481300.3797260.6113210.7544010.985997

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): 56.60
MACD (12,26,9): -0.0036
Directional Movement: 22.324253
AROON (14): -78.571429
DEMA (21): 0.268557
Parabolic SAR (0,02-0,02-0,2): 0.211724
Elder Ray (13): 0.020454
Super Trend (3,10): 0.343235
Zig ZAG (10): 0.305044
VORTEX (21): 0.9502
Stochastique (14,3,5): 46.16
TEMA (21): 0.251937
Williams %R (14): -12.93
Chande Momentum Oscillator (20): 0.022008
Repulse (5,40,3): 22.7821
ROCnROLL: 1
TRIX (15,9): -0.1579
Courbe Coppock: 21.87
MA7: 0.255299
MA20: 0.274387
MA50: 0.265624
MA100: 0.171199
MAexp7: 0.265430
MAexp20: 0.269929
MAexp50: 0.248692
MAexp100: 0.200602
Price / MA7: +19.52%
Price / MA20: +11.21%
Price / MA50: +14.88%
Price / MA100: +78.24%
Price / MAexp7: +14.96%
Price / MAexp20: +13.05%
Price / MAexp50: +22.70%
Price / MAexp100: +52.11%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15926
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis AURORA - AURORA/USD - Daily