PERPETUAL PROTOCOL - PERP/USD - 1H - Technical analysis published on 09/14/2022 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 0.674733 USD
My targets
0.635514 USD (-2.08%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on PERPETUAL PROTOCOL - PERP/USD as long as the price remains well below 0.674733 USD. The sellers' bearish objective is set at 0.635514 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
PERPETUAL PROTOCOL - PERP/USD rating 0.649000 USD. On the day, this instrument lost -0.06% with the lowest point at 0.644500 USD and the highest point at 0.655700 USD. The deviation from the price is +0.70% for the low point and -1.02% for the high point.0.644500
0.655700
0.649000
Here is a more detailed summary of the historical variations registered by PERPETUAL PROTOCOL - PERP/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of PERPETUAL PROTOCOL - PERP/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.635514 | 0.649000 | 0.674733 | 0.703354 | 0.738200 |
| Change (%) | -2.08% | - | +3.97% | +8.38% | +13.74% |
| Change | -0.013486 | - | +0.025733 | +0.054354 | +0.089200 |
| Level | Major | - | Minor | Intermediate | 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 | 0.561700 | 0.603000 | 0.626200 | 0.667500 | 0.690700 | 0.732000 | 0.755200 |
| Camarilla | 0.631663 | 0.637575 | 0.643488 | 0.649400 | 0.655313 | 0.661225 | 0.667138 |
| Woodie | 0.552650 | 0.598475 | 0.617150 | 0.662975 | 0.681650 | 0.727475 | 0.746150 |
| Fibonacci | 0.603000 | 0.627639 | 0.642861 | 0.667500 | 0.692139 | 0.707361 | 0.732000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.540267 | 0.583233 | 0.651767 | 0.694733 | 0.763267 | 0.806233 | 0.874767 |
| Camarilla | 0.689638 | 0.699858 | 0.710079 | 0.720300 | 0.730521 | 0.740742 | 0.750963 |
| Woodie | 0.553050 | 0.589625 | 0.664550 | 0.701125 | 0.776050 | 0.812625 | 0.887550 |
| Fibonacci | 0.583233 | 0.625826 | 0.652140 | 0.694733 | 0.737326 | 0.763640 | 0.806233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.258767 | 0.198667 | 0.443133 | 0.900567 | 1.145033 | 1.602467 | 1.846933 |
| Camarilla | 0.494578 | 0.558918 | 0.623259 | 0.687600 | 0.751941 | 0.816282 | 0.880623 |
| Woodie | -0.365250 | 0.145425 | 0.336650 | 0.847325 | 1.038550 | 1.549225 | 1.740450 |
| Fibonacci | 0.198667 | 0.466793 | 0.632441 | 0.900567 | 1.168693 | 1.334341 | 1.602467 |
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): | 35.32 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -20.442071 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.645479 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.657276 | |
| Elder Ray (13): | -0.004437 | |
| Super Trend (3,10): | 0.667900 | |
| Zig ZAG (10): | 0.648600 | |
| VORTEX (21): | 0.7765 | |
| Stochastique (14,3,5): | 38.09 | |
| TEMA (21): | 0.644976 | |
| Williams %R (14): | -66.92 | |
| Chande Momentum Oscillator (20): | 0.003000 | |
| Repulse (5,40,3): | -0.6518 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2626 | |
| Courbe Coppock: | 3.77 |
| MA7: | 0.696057 | |
| MA20: | 0.688395 | |
| MA50: | 0.829804 | |
| MA100: | 0.788752 | |
| MAexp7: | 0.652566 | |
| MAexp20: | 0.660701 | |
| MAexp50: | 0.679749 | |
| MAexp100: | 0.690855 | |
| Price / MA7: | -6.76% | |
| Price / MA20: | -5.72% | |
| Price / MA50: | -21.79% | |
| Price / MA100: | -17.72% | |
| Price / MAexp7: | -0.55% | |
| Price / MAexp20: | -1.77% | |
| Price / MAexp50: | -4.52% | |
| Price / MAexp100: | -6.06% |
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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