ARPA - ARPA/USDT - 1H - Technical analysis published on 09/25/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.046346 USDT
My targets
0.044623 USDT (-2.05%)
0.042233 USDT (-7.29%)
My analysis
The strong short-term decline in ARPA CHAIN - ARPA/USDT calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.046346 USDT, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.044623 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.042233 USDT as an objective. Crossing it would then enable sellers to target 0.038660 USDT. Be careful, a return to above 0.046346 USDT could jeopardize the reversal.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.4
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This analysis was given by Mayvenate. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ARPA CHAIN - ARPA/USDT rating 0.045556 USDT. The price registered a decrease of -2.61% on the session and was between 0.045512 USDT and 0.047393 USDT. This implies that the price is at +0.10% from its lowest and at -3.88% from its highest.0.045512
0.047393
0.045556
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ARPA CHAIN - ARPA/USDT chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.038660 | 0.042233 | 0.044623 | 0.045556 | 0.046346 | 0.047911 | 0.063672 |
| Change (%) | -15.14% | -7.29% | -2.05% | - | +1.73% | +5.17% | +39.77% |
| Change | -0.006896 | -0.003323 | -0.000933 | - | +0.000790 | +0.002355 | +0.018116 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.041246 | 0.042806 | 0.044792 | 0.046352 | 0.048338 | 0.049898 | 0.051884 |
| Camarilla | 0.045804 | 0.046129 | 0.046454 | 0.046779 | 0.047104 | 0.047429 | 0.047754 |
| Woodie | 0.041460 | 0.042913 | 0.045006 | 0.046459 | 0.048552 | 0.050005 | 0.052098 |
| Fibonacci | 0.042806 | 0.044160 | 0.044997 | 0.046352 | 0.047706 | 0.048543 | 0.049898 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.032403 | 0.035098 | 0.039505 | 0.042200 | 0.046607 | 0.049302 | 0.053709 |
| Camarilla | 0.041960 | 0.042611 | 0.043262 | 0.043913 | 0.044564 | 0.045215 | 0.045866 |
| Woodie | 0.033260 | 0.035526 | 0.040362 | 0.042628 | 0.047464 | 0.049730 | 0.054566 |
| Fibonacci | 0.035098 | 0.037811 | 0.039487 | 0.042200 | 0.044913 | 0.046589 | 0.049302 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007474 | 0.019113 | 0.027971 | 0.039610 | 0.048468 | 0.060107 | 0.068965 |
| Camarilla | 0.031191 | 0.033070 | 0.034949 | 0.036828 | 0.038707 | 0.040586 | 0.042465 |
| Woodie | 0.006083 | 0.018418 | 0.026580 | 0.038915 | 0.047077 | 0.059412 | 0.067574 |
| Fibonacci | 0.019113 | 0.026943 | 0.031781 | 0.039610 | 0.047440 | 0.052278 | 0.060107 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.59 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -11.283010 | |
| AROON (14): | -100.000000 | |
| DEMA (21): | 0.046422 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.047393 | |
| Elder Ray (13): | -0.000360 | |
| Super Trend (3,10): | 0.045198 | |
| Zig ZAG (10): | 0.045637 | |
| VORTEX (21): | 0.8933 | |
| Stochastique (14,3,5): | 18.73 | |
| TEMA (21): | 0.046071 | |
| Williams %R (14): | -92.14 | |
| Chande Momentum Oscillator (20): | -0.001029 | |
| Repulse (5,40,3): | -2.1029 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0381 | |
| Courbe Coppock: | 2.92 |
| MA7: | 0.044403 | |
| MA20: | 0.040644 | |
| MA50: | 0.038144 | |
| MA100: | 0.040207 | |
| MAexp7: | 0.046161 | |
| MAexp20: | 0.046351 | |
| MAexp50: | 0.045888 | |
| MAexp100: | 0.044980 | |
| Price / MA7: | +2.60% | |
| Price / MA20: | +12.09% | |
| Price / MA50: | +19.43% | |
| Price / MA100: | +13.30% | |
| Price / MAexp7: | -1.31% | |
| Price / MAexp20: | -1.72% | |
| Price / MAexp50: | -0.72% | |
| Price / MAexp100: | +1.28% |
Quotes :
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Real time data
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