AMBIRE ADEX - ADX/USD - 1H - Technical analysis published on 04/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 0.306527 USD
My targets
0.322017 USD (+3.32%)
0.332760 USD (+6.77%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMBIRE ADEX - ADX/USD as long as the price remains well above 0.306527 USD. The buyers' bullish objective is set at 0.322017 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.332760 USD. If there is any crossing, the next objective would be the resistance located at 0.341307 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.5
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AMBIRE ADEX - ADX/USD rating 0.311660 USD. On the day, this instrument gained +4.71% with the lowest point at 0.294010 USD and the highest point at 0.312490 USD. The deviation from the price is +6.00% for the low point and -0.27% for the high point.0.294010
0.312490
0.311660
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of AMBIRE ADEX - ADX/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. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
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, 10 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.225190 | 0.282300 | 0.306527 | 0.311660 | 0.332760 | 0.341307 | 0.386700 |
| Change (%) | -27.74% | -9.42% | -1.65% | - | +6.77% | +9.51% | +24.08% |
| Change | -0.086470 | -0.029360 | -0.005133 | - | +0.021100 | +0.029647 | +0.075040 |
| Level | Intermediate | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.235360 | 0.262240 | 0.279940 | 0.306820 | 0.324520 | 0.351400 | 0.369100 |
| Camarilla | 0.285381 | 0.289467 | 0.293554 | 0.297640 | 0.301727 | 0.305813 | 0.309900 |
| Woodie | 0.230770 | 0.259945 | 0.275350 | 0.304525 | 0.319930 | 0.349105 | 0.364510 |
| Fibonacci | 0.262240 | 0.279270 | 0.289790 | 0.306820 | 0.323850 | 0.334370 | 0.351400 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.117223 | 0.181907 | 0.257333 | 0.322017 | 0.397443 | 0.462127 | 0.537553 |
| Camarilla | 0.294230 | 0.307073 | 0.319917 | 0.332760 | 0.345603 | 0.358447 | 0.371290 |
| Woodie | 0.122595 | 0.184593 | 0.262705 | 0.324703 | 0.402815 | 0.464813 | 0.542925 |
| Fibonacci | 0.181907 | 0.235429 | 0.268495 | 0.322017 | 0.375539 | 0.408605 | 0.462127 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.050393 | 0.130437 | 0.226613 | 0.306657 | 0.402833 | 0.482877 | 0.579053 |
| Camarilla | 0.274330 | 0.290483 | 0.306637 | 0.322790 | 0.338944 | 0.355097 | 0.371251 |
| Woodie | 0.058460 | 0.134470 | 0.234680 | 0.310690 | 0.410900 | 0.486910 | 0.587120 |
| Fibonacci | 0.130437 | 0.197753 | 0.239341 | 0.306657 | 0.373973 | 0.415561 | 0.482877 |
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): | 52.80 | |
| MACD (12,26,9): | -0.0019 | |
| Directional Movement: | -0.037670 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.305803 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.294010 | |
| Elder Ray (13): | -0.001370 | |
| Super Trend (3,10): | 0.294506 | |
| Zig ZAG (10): | 0.312490 | |
| VORTEX (21): | 0.9182 | |
| Stochastique (14,3,5): | 34.01 | |
| TEMA (21): | 0.302753 | |
| Williams %R (14): | -41.86 | |
| Chande Momentum Oscillator (20): | 0.000870 | |
| Repulse (5,40,3): | 7.0878 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0518 | |
| Courbe Coppock: | 3.58 |
| MA7: | 0.304773 | |
| MA20: | 0.280383 | |
| MA50: | 0.249446 | |
| MA100: | 0.216307 | |
| MAexp7: | 0.306553 | |
| MAexp20: | 0.307662 | |
| MAexp50: | 0.307492 | |
| MAexp100: | 0.305592 | |
| Price / MA7: | +2.26% | |
| Price / MA20: | +11.16% | |
| Price / MA50: | +24.94% | |
| Price / MA100: | +44.08% | |
| Price / MAexp7: | +1.67% | |
| Price / MAexp20: | +1.30% | |
| Price / MAexp50: | +1.36% | |
| Price / MAexp100: | +1.99% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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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…
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