ARAGON - ANT/USD - Daily - Technical analysis published on 08/13/2023 (GMT)
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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
50%
17%
33%
My opinion
Bullish above 4.00 USD
My targets
5.24 USD (+18.62%)
5.96 USD (+34.84%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ARAGON - ANT/USD as long as the price remains well above 4.00 USD. The buyers' bullish objective is set at 5.24 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.96 USD. If there is any crossing, the next objective would be the resistance located at 7.24 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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
The ARAGON - ANT/USD rating is 4.42 USD. The price has increased by +4.25% since the last closing with the lowest point at 4.23 USD and the highest point at 4.45 USD. The deviation from the price is +4.49% for the low point and -0.67% for the high point.4.23
4.45
4.42
Here is a more detailed summary of the historical variations registered by ARAGON - ANT/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ARAGON - ANT/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.05 | 3.15 | 4.00 | 4.42 | 4.51 | 5.96 | 7.24 |
| Change (%) | -53.62% | -28.73% | -9.50% | - | +2.04% | +34.84% | +63.80% |
| Change | -2.37 | -1.27 | -0.42 | - | +0.09 | +1.54 | +2.82 |
| Level | Intermediate | Major | Major | - | Major | 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 | 3.93 | 3.99 | 4.12 | 4.18 | 4.31 | 4.37 | 4.50 |
| Camarilla | 4.19 | 4.21 | 4.22 | 4.24 | 4.26 | 4.28 | 4.29 |
| Woodie | 3.96 | 4.01 | 4.15 | 4.20 | 4.34 | 4.39 | 4.53 |
| Fibonacci | 3.99 | 4.07 | 4.11 | 4.18 | 4.26 | 4.30 | 4.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.50 | 3.78 | 4.01 | 4.29 | 4.52 | 4.80 | 5.03 |
| Camarilla | 4.10 | 4.15 | 4.19 | 4.24 | 4.29 | 4.33 | 4.38 |
| Woodie | 3.48 | 3.77 | 3.99 | 4.28 | 4.50 | 4.79 | 5.01 |
| Fibonacci | 3.78 | 3.98 | 4.10 | 4.29 | 4.49 | 4.61 | 4.80 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.10 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 3.96 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 4.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.96 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 3.95 | |
| Zig ZAG (10): | 4.38 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 46.53 | |
| TEMA (21): | 4.33 | |
| Williams %R (14): | -36.99 | |
| Chande Momentum Oscillator (20): | -0.08 | |
| Repulse (5,40,3): | 3.9800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 2.92 |
| MA7: | 4.34 | |
| MA20: | 4.26 | |
| MA50: | 4.16 | |
| MA100: | 3.80 | |
| MAexp7: | 4.31 | |
| MAexp20: | 4.26 | |
| MAexp50: | 4.12 | |
| MAexp100: | 3.85 | |
| Price / MA7: | +1.84% | |
| Price / MA20: | +3.76% | |
| Price / MA50: | +6.25% | |
| Price / MA100: | +16.32% | |
| Price / MAexp7: | +2.55% | |
| Price / MAexp20: | +3.76% | |
| Price / MAexp50: | +7.28% | |
| Price / MAexp100: | +14.81% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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