PERPETUAL PROTOCOL - PERP/USD - 1H - Technical analysis published on 07/19/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.834800 USD
My targets
0.870433 USD (+1.11%)
0.938000 USD (+8.96%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on PERPETUAL PROTOCOL - PERP/USD as long as the price remains well above 0.834800 USD. The buyers' bullish objective is set at 0.870433 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.938000 USD. If there is any crossing, the next objective would be the resistance located at 0.970900 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PERPETUAL PROTOCOL - PERP/USD price is 0.860900 USD. The price registered a decrease of -0.17% on the session and was traded between 0.830800 USD and 0.889000 USD over the period. The price is currently at +3.62% from its lowest and -3.16% from its highest.0.830800
0.889000
0.860900
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of PERPETUAL PROTOCOL - PERP/USD in 1H shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.716667 | 0.780208 | 0.812667 | 0.860900 | 0.870433 | 0.938000 | 0.970900 |
| Change (%) | -16.75% | -9.37% | -5.60% | - | +1.11% | +8.96% | +12.78% |
| Change | -0.144233 | -0.080692 | -0.048233 | - | +0.009533 | +0.077100 | +0.110000 |
| Level | Minor | Intermediate | Minor | - | Minor | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.676933 | 0.744267 | 0.803333 | 0.870667 | 0.929733 | 0.997067 | 1.056133 |
| Camarilla | 0.827640 | 0.839227 | 0.850813 | 0.862400 | 0.873987 | 0.885573 | 0.897160 |
| Woodie | 0.672800 | 0.742200 | 0.799200 | 0.868600 | 0.925600 | 0.995000 | 1.052000 |
| Fibonacci | 0.744267 | 0.792552 | 0.822382 | 0.870667 | 0.918952 | 0.948782 | 0.997067 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.341000 | 0.514200 | 0.661600 | 0.834800 | 0.982200 | 1.155400 | 1.302800 |
| Camarilla | 0.720835 | 0.750223 | 0.779612 | 0.809000 | 0.838388 | 0.867777 | 0.897165 |
| Woodie | 0.328100 | 0.507750 | 0.648700 | 0.828350 | 0.969300 | 1.148950 | 1.289900 |
| Fibonacci | 0.514200 | 0.636669 | 0.712331 | 0.834800 | 0.957269 | 1.032931 | 1.155400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.616233 | -0.056367 | 0.286267 | 0.846133 | 1.188767 | 1.748633 | 2.091267 |
| Camarilla | 0.380713 | 0.463442 | 0.546171 | 0.628900 | 0.711629 | 0.794358 | 0.877088 |
| Woodie | -0.724850 | -0.110675 | 0.177650 | 0.791825 | 1.080150 | 1.694325 | 1.982650 |
| Fibonacci | -0.056367 | 0.288388 | 0.501378 | 0.846133 | 1.190888 | 1.403878 | 1.748633 |
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): | 52.61 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 13.337180 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.860056 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.834169 | |
| Elder Ray (13): | 0.005288 | |
| Super Trend (3,10): | 0.826946 | |
| Zig ZAG (10): | 0.864300 | |
| VORTEX (21): | 0.9686 | |
| Stochastique (14,3,5): | 74.74 | |
| TEMA (21): | 0.856663 | |
| Williams %R (14): | -38.14 | |
| Chande Momentum Oscillator (20): | 0.008300 | |
| Repulse (5,40,3): | 1.8446 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0238 | |
| Courbe Coppock: | 2.12 |
| MA7: | 0.804729 | |
| MA20: | 0.736525 | |
| MA50: | 0.812130 | |
| MA100: | 1.705515 | |
| MAexp7: | 0.861392 | |
| MAexp20: | 0.859219 | |
| MAexp50: | 0.851346 | |
| MAexp100: | 0.828855 | |
| Price / MA7: | +6.98% | |
| Price / MA20: | +16.89% | |
| Price / MA50: | +6.01% | |
| Price / MA100: | -49.52% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +1.12% | |
| Price / MAexp100: | +3.87% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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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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