AERGO - AERGO/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
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Type:	Cryptocurrencies
Ticker:	AERGOUSD
ISIN:

AERGO - AERGO/USD - Weekly - Technical analysis published on 11/24/2023 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 0.156687 USD

My targets

0.187700 USD (+4.45%)

0.260300 USD (+44.85%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AERGO - AERGO/USD as long as the price remains well above 0.156687 USD. The buyers' bullish objective is set at 0.187700 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.260300 USD. If there is any crossing, the next objective would be the resistance located at 0.358900 USD.

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

6.1

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

Additional analysis

Quotes

AERGO - AERGO/USD rating 0.179700 USD. The price registered an increase of +9.71% over 5 days and has been traded over the last 5 days between 0.145500 USD and 0.182600 USD. This implies that the 5 day price is +23.51% from its lowest point and -1.59% from its highest point.

0.145500

0.182600

0.179700

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on AERGO - AERGO/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of AERGO - AERGO/USD in Weekly shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Weekly

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Weekly

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.085500	0.120500	0.156687	0.179700	0.187700	0.260300	0.358900
Change (%)	-52.42%	-32.94%	-12.81%	-	+4.45%	+44.85%	+99.72%
Change	-0.094200	-0.059200	-0.023013	-	+0.008000	+0.080600	+0.179200
Level	Intermediate	Intermediate	Major	-	Minor	Minor	Minor

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	0.146033	0.154067	0.162433	0.170467	0.178833	0.186867	0.195233
Camarilla	0.166290	0.167793	0.169297	0.170800	0.172303	0.173807	0.175310
Woodie	0.146200	0.154150	0.162600	0.170550	0.179000	0.186950	0.195400
Fibonacci	0.154067	0.160332	0.164202	0.170467	0.176732	0.180602	0.186867

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.009033	0.074067	0.118933	0.183967	0.228833	0.293867	0.338733
Camarilla	0.133578	0.143652	0.153726	0.163800	0.173874	0.183948	0.194023
Woodie	-0.001050	0.069025	0.108850	0.178925	0.218750	0.288825	0.328650
Fibonacci	0.074067	0.116049	0.141985	0.183967	0.225949	0.251885	0.293867

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.044967	0.070633	0.102167	0.127833	0.159367	0.185033	0.216567
Camarilla	0.117970	0.123213	0.128457	0.133700	0.138943	0.144187	0.149430
Woodie	0.047900	0.072100	0.105100	0.129300	0.162300	0.186500	0.219500
Fibonacci	0.070633	0.092484	0.105983	0.127833	0.149684	0.163183	0.185033

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	75.67
MACD (12,26,9):	0.0113
Directional Movement:	38.765882
AROON (14):	64.285714
DEMA (21):	0.134905
Parabolic SAR (0,02-0,02-0,2):	0.106987
Elder Ray (13):	0.032414
Super Trend (3,10):	0.114598
Zig ZAG (10):	0.179700
VORTEX (21):	1.1108
Stochastique (14,3,5):	63.20
TEMA (21):	0.149633
Williams %R (14):	-41.97
Chande Momentum Oscillator (20):	0.089400
Repulse (5,40,3):	13.9147
ROCnROLL:	1
TRIX (15,9):	0.2153
Courbe Coppock:	85.04

MA7:	0.166786
MA20:	0.161300
MA50:	0.135074
MA100:	0.114922
MAexp7:	0.145914
MAexp20:	0.124541
MAexp50:	0.123842
MAexp100:	0.136001
Price / MA7:	+7.74%
Price / MA20:	+11.41%
Price / MA50:	+33.04%
Price / MA100:	+56.37%
Price / MAexp7:	+23.15%
Price / MAexp20:	+44.29%
Price / MAexp50:	+45.10%
Price / MAexp100:	+32.13%

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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