ARPA - ARPA/USDT - 1H - Technical analysis published on 05/12/2023 (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
94%
0%
6%
My opinion
Bullish above 0.052840 USDT
My targets
0.057340 USDT (+0.49%)
0.092490 USDT (+62.09%)
My analysis
The bullish trend is currently very strong on ARPA CHAIN - ARPA/USDT. As long as the price remains above the support at 0.052840 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.057340 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.092490 USDT as an objective. Crossing it would then enable buyers to target 0.132100 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
9.1
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Additional analysis
Quotes
ARPA CHAIN - ARPA/USDT rating 0.057060 USDT. The price has increased by +23.77% since the last closing and was between 0.045610 USDT and 0.059090 USDT. This implies that the price is at +25.10% from its lowest and at -3.44% from its highest.0.045610
0.059090
0.057060
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on ARPA CHAIN - ARPA/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of ARPA CHAIN - ARPA/USDT indicates that the overall trend is strongly bullish. 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 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:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.046760 | 0.048030 | 0.052430 | 0.057060 | 0.092490 | 0.132100 | 0.211800 |
| Change (%) | -18.05% | -15.83% | -8.11% | - | +62.09% | +131.51% | +271.19% |
| Change | -0.010300 | -0.009030 | -0.004630 | - | +0.035430 | +0.075040 | +0.154740 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040377 | 0.042293 | 0.044197 | 0.046113 | 0.048017 | 0.049933 | 0.051837 |
| Camarilla | 0.045050 | 0.045400 | 0.045750 | 0.046100 | 0.046450 | 0.046800 | 0.047151 |
| Woodie | 0.040370 | 0.042290 | 0.044190 | 0.046110 | 0.048010 | 0.049930 | 0.051830 |
| Fibonacci | 0.042293 | 0.043753 | 0.044654 | 0.046113 | 0.047573 | 0.048474 | 0.049933 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035100 | 0.036530 | 0.038050 | 0.039480 | 0.041000 | 0.042430 | 0.043950 |
| Camarilla | 0.038759 | 0.039029 | 0.039300 | 0.039570 | 0.039840 | 0.040111 | 0.040381 |
| Woodie | 0.035145 | 0.036553 | 0.038095 | 0.039503 | 0.041045 | 0.042453 | 0.043995 |
| Fibonacci | 0.036530 | 0.037657 | 0.038353 | 0.039480 | 0.040607 | 0.041303 | 0.042430 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.024010 | 0.030620 | 0.035120 | 0.041730 | 0.046230 | 0.052840 | 0.057340 |
| Camarilla | 0.036565 | 0.037583 | 0.038602 | 0.039620 | 0.040638 | 0.041657 | 0.042675 |
| Woodie | 0.022955 | 0.030093 | 0.034065 | 0.041203 | 0.045175 | 0.052313 | 0.056285 |
| Fibonacci | 0.030620 | 0.034864 | 0.037486 | 0.041730 | 0.045974 | 0.048596 | 0.052840 |
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): | 73.71 | |
| MACD (12,26,9): | 0.0022 | |
| Directional Movement: | 34.857017 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.053370 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.050148 | |
| Elder Ray (13): | 0.003445 | |
| Super Trend (3,10): | 0.049386 | |
| Zig ZAG (10): | 0.056210 | |
| VORTEX (21): | 1.2130 | |
| Stochastique (14,3,5): | 90.49 | |
| TEMA (21): | 0.054569 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.009360 | |
| Repulse (5,40,3): | 11.6510 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5081 | |
| Courbe Coppock: | 30.26 |
| MA7: | 0.044316 | |
| MA20: | 0.041182 | |
| MA50: | 0.041609 | |
| MA100: | 0.040933 | |
| MAexp7: | 0.053982 | |
| MAexp20: | 0.050506 | |
| MAexp50: | 0.047610 | |
| MAexp100: | 0.045169 | |
| Price / MA7: | +28.76% | |
| Price / MA20: | +38.56% | |
| Price / MA50: | +37.13% | |
| Price / MA100: | +39.40% | |
| Price / MAexp7: | +5.70% | |
| Price / MAexp20: | +12.98% | |
| Price / MAexp50: | +19.85% | |
| Price / MAexp100: | +26.33% |
Quotes :
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Real time data
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