PERPETUAL PROTOCOL - PERP/USD - 1H - Technical analysis published on 05/20/2023 (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 bullish
Underlying:
Strongly bullish
Technical indicators
28%
17%
56%
My opinion
Bullish above 0.629100 USD
My targets
0.638900 USD (+0.80%)
0.717900 USD (+13.27%)
My analysis
The bullish trend is currently very strong on PERPETUAL PROTOCOL - PERP/USD. As long as the price remains above the support at 0.629100 USD, you could try to benefit from the boom. The first bullish objective is located at 0.638900 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.717900 USD as an objective. Crossing it would then enable buyers to target 0.783122 USD. 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.4
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Additional analysis
Quotes
The PERPETUAL PROTOCOL - PERP/USD rating is 0.633800 USD. The price registered a decrease of -0.03% on the session with the lowest point at 0.630700 USD and the highest point at 0.636500 USD. The deviation from the price is +0.49% for the low point and -0.42% for the high point.0.630700
0.636500
0.633800
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PERPETUAL PROTOCOL - PERP/USD:
Technical
Technical analysis of PERPETUAL PROTOCOL - PERP/USD in 1H shows a strongly overall bullish trend. 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.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.604267 | 0.612376 | 0.629100 | 0.633800 | 0.638900 | 0.783122 | 0.913100 |
| Change (%) | -4.66% | -3.38% | -0.74% | - | +0.80% | +23.56% | +44.07% |
| Change | -0.029533 | -0.021424 | -0.004700 | - | +0.005100 | +0.149322 | +0.279300 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | Minor |
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 | 0.611133 | 0.617667 | 0.625833 | 0.632367 | 0.640533 | 0.647067 | 0.655233 |
| Camarilla | 0.629958 | 0.631305 | 0.632653 | 0.634000 | 0.635348 | 0.636695 | 0.638043 |
| Woodie | 0.611950 | 0.618075 | 0.626650 | 0.632775 | 0.641350 | 0.647475 | 0.656050 |
| Fibonacci | 0.617667 | 0.623282 | 0.626751 | 0.632367 | 0.637982 | 0.641451 | 0.647067 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.441200 | 0.497100 | 0.551600 | 0.607500 | 0.662000 | 0.717900 | 0.772400 |
| Camarilla | 0.575740 | 0.585860 | 0.595980 | 0.606100 | 0.616220 | 0.626340 | 0.636460 |
| Woodie | 0.440500 | 0.496750 | 0.550900 | 0.607150 | 0.661300 | 0.717550 | 0.771700 |
| Fibonacci | 0.497100 | 0.539273 | 0.565327 | 0.607500 | 0.649673 | 0.675727 | 0.717900 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.318400 | 0.491900 | 0.592500 | 0.766000 | 0.866600 | 1.040100 | 1.140700 |
| Camarilla | 0.617723 | 0.642848 | 0.667974 | 0.693100 | 0.718226 | 0.743352 | 0.768478 |
| Woodie | 0.281950 | 0.473675 | 0.556050 | 0.747775 | 0.830150 | 1.021875 | 1.104250 |
| Fibonacci | 0.491900 | 0.596606 | 0.661294 | 0.766000 | 0.870706 | 0.935394 | 1.040100 |
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): | 54.05 | |
| MACD (12,26,9): | 0.0014 | |
| Directional Movement: | 12.697462 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.634046 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.629475 | |
| Elder Ray (13): | 0.002416 | |
| Super Trend (3,10): | 0.625507 | |
| Zig ZAG (10): | 0.634000 | |
| VORTEX (21): | 0.9817 | |
| Stochastique (14,3,5): | 44.49 | |
| TEMA (21): | 0.634195 | |
| Williams %R (14): | -54.17 | |
| Chande Momentum Oscillator (20): | -0.002200 | |
| Repulse (5,40,3): | -0.2551 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0346 | |
| Courbe Coppock: | 0.16 |
| MA7: | 0.624186 | |
| MA20: | 0.629465 | |
| MA50: | 0.722530 | |
| MA100: | 0.768447 | |
| MAexp7: | 0.633513 | |
| MAexp20: | 0.632118 | |
| MAexp50: | 0.629289 | |
| MAexp100: | 0.624926 | |
| Price / MA7: | +1.54% | |
| Price / MA20: | +0.69% | |
| Price / MA50: | -12.28% | |
| Price / MA100: | -17.52% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.27% | |
| Price / MAexp50: | +0.72% | |
| Price / MAexp100: | +1.42% |
Quotes :
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Real time data
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