ARAGON - ANT/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	ANTUSD
ISIN:

ARAGON - ANT/USD - Daily - Technical analysis published on 08/02/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 4.02 USD

My targets

5.24 USD (+13.98%)

5.96 USD (+29.57%)

My analysis

ARAGON - ANT/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.02 USD. The next resistance located at 5.24 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 5.96 USD. After this resistance, buyers could then target 7.24 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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

8.9

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.

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Additional analysis

Quotes

ARAGON - ANT/USD rating 4.60 USD. On the day, this instrument gained +2.91% and was traded between 4.48 USD and 4.66 USD over the period. The price is currently at +2.68% from its lowest and -1.29% from its highest.

4.48

4.66

4.60

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ARAGON - ANT/USD:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ARAGON - ANT/USD chart shows a strongly 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

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:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.15	4.02	4.51	4.60	5.96	7.24	13.50
Change (%)	-31.52%	-12.61%	-1.96%	-	+29.57%	+57.39%	+193.48%
Change	-1.45	-0.58	-0.09	-	+1.36	+2.64	+8.90
Level	Major	Major	Major	-	Minor	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.11	4.20	4.33	4.42	4.55	4.64	4.77
Camarilla	4.41	4.43	4.45	4.47	4.49	4.51	4.53
Woodie	4.14	4.21	4.36	4.43	4.58	4.65	4.80
Fibonacci	4.20	4.28	4.33	4.42	4.50	4.55	4.64

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.52	3.69	4.02	4.19	4.52	4.69	5.02
Camarilla	4.20	4.25	4.29	4.34	4.39	4.43	4.48
Woodie	3.59	3.73	4.09	4.23	4.59	4.73	5.09
Fibonacci	3.69	3.88	4.00	4.19	4.38	4.50	4.69

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.44	3.66	4.04	4.26	4.64	4.86	5.24
Camarilla	4.27	4.32	4.38	4.43	4.49	4.54	4.60
Woodie	3.53	3.70	4.13	4.30	4.73	4.90	5.33
Fibonacci	3.66	3.89	4.03	4.26	4.49	4.63	4.86

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):	69.14
MACD (12,26,9):	0.1100
Directional Movement:	18.56
AROON (14):	64.29
DEMA (21):	4.38
Parabolic SAR (0,02-0,02-0,2):	3.94
Elder Ray (13):	0.27
Super Trend (3,10):	3.99
Zig ZAG (10):	4.61
VORTEX (21):	1.0600
Stochastique (14,3,5):	96.14
TEMA (21):	4.40
Williams %R (14):	-5.07
Chande Momentum Oscillator (20):	0.39
Repulse (5,40,3):	7.4300
ROCnROLL:	1
TRIX (15,9):	0.2300
Courbe Coppock:	8.92

MA7:	4.35
MA20:	4.22
MA50:	4.08
MA100:	3.68
MAexp7:	4.39
MAexp20:	4.25
MAexp50:	4.05
MAexp100:	3.75
Price / MA7:	+5.75%
Price / MA20:	+9.00%
Price / MA50:	+12.75%
Price / MA100:	+25.00%
Price / MAexp7:	+4.78%
Price / MAexp20:	+8.24%
Price / MAexp50:	+13.58%
Price / MAexp100:	+22.67%

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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Londinia AI

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