PERPETUAL PROTOCOL - PERP/USD - 1H - Technical analysis published on 03/25/2023 (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:
Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.882783 USD
My targets
0.857662 USD (-0.77%)
0.823200 USD (-4.76%)
My analysis
PERPETUAL PROTOCOL - PERP/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.882783 USD. The next support located at 0.857662 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.823200 USD. Below this support, sellers could then target 0.782100 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.2
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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 0.864300 USD. The price is lower by -0.14% since the last closing with the lowest point at 0.861400 USD and the highest point at 0.875500 USD. The deviation from the price is +0.34% for the low point and -1.28% for the high point.0.861400
0.875500
0.864300
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this PERPETUAL PROTOCOL - PERP/USD chart shows a bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is high given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.782100 | 0.823200 | 0.857662 | 0.864300 | 0.882783 | 0.932800 | 0.960300 |
| Change (%) | -9.51% | -4.76% | -0.77% | - | +2.14% | +7.93% | +11.11% |
| Change | -0.082200 | -0.041100 | -0.006638 | - | +0.018483 | +0.068500 | +0.096000 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Major |
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 | 0.695067 | 0.774833 | 0.820167 | 0.899933 | 0.945267 | 1.025033 | 1.070367 |
| Camarilla | 0.831098 | 0.842565 | 0.854033 | 0.865500 | 0.876968 | 0.888435 | 0.899903 |
| Woodie | 0.677850 | 0.766225 | 0.802950 | 0.891325 | 0.928050 | 1.016425 | 1.053150 |
| Fibonacci | 0.774833 | 0.822622 | 0.852145 | 0.899933 | 0.947722 | 0.977245 | 1.025033 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.470700 | 0.609800 | 0.740800 | 0.879900 | 1.010900 | 1.150000 | 1.281000 |
| Camarilla | 0.797523 | 0.822282 | 0.847041 | 0.871800 | 0.896559 | 0.921318 | 0.946078 |
| Woodie | 0.466650 | 0.607775 | 0.736750 | 0.877875 | 1.006850 | 1.147975 | 1.276950 |
| Fibonacci | 0.609800 | 0.712978 | 0.776722 | 0.879900 | 0.983078 | 1.046822 | 1.150000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.214400 | 0.386800 | 0.604300 | 0.776700 | 0.994200 | 1.166600 | 1.384100 |
| Camarilla | 0.714578 | 0.750318 | 0.786059 | 0.821800 | 0.857541 | 0.893282 | 0.929023 |
| Woodie | 0.236950 | 0.398075 | 0.626850 | 0.787975 | 1.016750 | 1.177875 | 1.406650 |
| Fibonacci | 0.386800 | 0.535742 | 0.627758 | 0.776700 | 0.925642 | 1.017658 | 1.166600 |
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): | 43.27 | |
| MACD (12,26,9): | -0.0080 | |
| Directional Movement: | -8.711427 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.869180 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.875200 | |
| Elder Ray (13): | -0.006604 | |
| Super Trend (3,10): | 0.905419 | |
| Zig ZAG (10): | 0.867300 | |
| VORTEX (21): | 0.7934 | |
| Stochastique (14,3,5): | 25.41 | |
| TEMA (21): | 0.861522 | |
| Williams %R (14): | -75.05 | |
| Chande Momentum Oscillator (20): | -0.024900 | |
| Repulse (5,40,3): | 0.2069 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1155 | |
| Courbe Coppock: | 4.71 |
| MA7: | 0.877271 | |
| MA20: | 0.886360 | |
| MA50: | 0.794018 | |
| MA100: | 0.615075 | |
| MAexp7: | 0.869646 | |
| MAexp20: | 0.878678 | |
| MAexp50: | 0.883886 | |
| MAexp100: | 0.883149 | |
| Price / MA7: | -1.48% | |
| Price / MA20: | -2.49% | |
| Price / MA50: | +8.85% | |
| Price / MA100: | +40.52% | |
| Price / MAexp7: | -0.61% | |
| Price / MAexp20: | -1.64% | |
| Price / MAexp50: | -2.22% | |
| Price / MAexp100: | -2.13% |
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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