Londinia Opportunities Analyses - 11/20/2024 (GMT) AIRDAO - AMB/USDT - 1H

AIRDAO - AMB/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: AMBUSDT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.006636 USDT
My targets
0.006321 USDT (-3.48%)
0.006141 USDT (-6.23%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AIRDAO - AMB/USDT as long as the price remains well below 0.006636 USDT. The sellers' bearish objective is set at 0.006321 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.006141 USDT. In case of crossing, the next objective would be the support located at 0.005959 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8

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.

Additional analysis

Quotes

The AIRDAO - AMB/USDT price is 0.006549 USDT. On the day, this instrument lost -7.23% and was traded between 0.006381 USDT and 0.007059 USDT over the period. The price is currently at +2.63% from its lowest and -7.22% from its highest.

0.006381
0.007059
0.006549

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AIRDAO - AMB/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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


S3S2S1PriceR1R2R3
ProTrendLines 0.005959 0.006141 0.006321 0.006549 0.006636 0.006901 0.007271
Change (%) -9.01% -6.23% -3.48% - +1.33% +5.37% +11.02%
Change -0.000590 -0.000408 -0.000228 - +0.000087 +0.000352 +0.000722
Level Minor Minor Minor - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0061970.0065140.0067860.0071030.0073750.0076920.007964
Camarilla0.0068970.0069510.0070050.0070590.0071130.0071670.007221
Woodie0.0061760.0065030.0067650.0070920.0073540.0076810.007943
Fibonacci0.0065140.0067390.0068780.0071030.0073280.0074670.007692


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0047300.0054360.0063070.0070130.0078840.0085900.009461
Camarilla0.0067450.0068900.0070340.0071790.0073240.0074680.007613
Woodie0.0048140.0054770.0063910.0070540.0079680.0086310.009545
Fibonacci0.0054360.0060380.0064100.0070130.0076150.0079870.008590


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0034080.0044260.0050230.0060410.0066380.0076560.008253
Camarilla0.0051760.0053240.0054720.0056200.0057680.0059160.006064
Woodie0.0031980.0043210.0048130.0059360.0064280.0075510.008043
Fibonacci0.0044260.0050430.0054240.0060410.0066580.0070390.007656

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): 28.32
MACD (12,26,9): -0.0001
Directional Movement: -22.786874
AROON (14): -64.285714
DEMA (21): 0.006670
Parabolic SAR (0,02-0,02-0,2): 0.006969
Elder Ray (13): -0.000289
Super Trend (3,10): 0.006877
Zig ZAG (10): 0.006460
VORTEX (21): 0.8356
Stochastique (14,3,5): 9.74
TEMA (21): 0.006607
Williams %R (14): -86.27
Chande Momentum Oscillator (20): -0.000401
Repulse (5,40,3): -2.3112
ROCnROLL: 2
TRIX (15,9): -0.1644
Courbe Coppock: 5.98
MA7: 0.006901
MA20: 0.006379
MA50: 0.006276
MA100: 0.007003
MAexp7: 0.006656
MAexp20: 0.006810
MAexp50: 0.006941
MAexp100: 0.006977
Price / MA7: -5.10%
Price / MA20: +2.66%
Price / MA50: +4.35%
Price / MA100: -6.48%
Price / MAexp7: -1.61%
Price / MAexp20: -3.83%
Price / MAexp50: -5.65%
Price / MAexp100: -6.13%

Quotes : - Real time data - Cryptocompare