PERPETUAL PROTOCOL - PERP/USD - 1H - Technical analysis published on 07/28/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 0.475100 USD
My targets
0.486856 USD (+1.43%)
0.506456 USD (+5.51%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PERPETUAL PROTOCOL - PERP/USD as long as the price remains well above 0.475100 USD. The buyers' bullish objective is set at 0.486856 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.506456 USD. If there is any crossing, the next objective would be the resistance located at 0.514500 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.6
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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 rating is 0.480000 USD. On the day, this instrument lost -0.27% and was traded between 0.474000 USD and 0.485500 USD over the period. The price is currently at +1.27% from its lowest and -1.13% from its highest.0.474000
0.485500
0.480000
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
A technical analysis in 1H of this PERPETUAL PROTOCOL - PERP/USD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 9 are bullish, 5 are neutral and 4 are bearish. The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.462100 | 0.468743 | 0.475100 | 0.480000 | 0.486856 | 0.506456 | 0.514500 |
| Change (%) | -3.73% | -2.35% | -1.02% | - | +1.43% | +5.51% | +7.19% |
| Change | -0.017900 | -0.011257 | -0.004900 | - | +0.006856 | +0.026456 | +0.034500 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 0.452633 | 0.460567 | 0.470933 | 0.478867 | 0.489233 | 0.497167 | 0.507533 |
| Camarilla | 0.476268 | 0.477945 | 0.479623 | 0.481300 | 0.482978 | 0.484655 | 0.486333 |
| Woodie | 0.453850 | 0.461175 | 0.472150 | 0.479475 | 0.490450 | 0.497775 | 0.508750 |
| Fibonacci | 0.460567 | 0.467557 | 0.471876 | 0.478867 | 0.485857 | 0.490176 | 0.497167 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.425133 | 0.457567 | 0.474633 | 0.507067 | 0.524133 | 0.556567 | 0.573633 |
| Camarilla | 0.478088 | 0.482625 | 0.487163 | 0.491700 | 0.496238 | 0.500775 | 0.505313 |
| Woodie | 0.417450 | 0.453725 | 0.466950 | 0.503225 | 0.516450 | 0.552725 | 0.565950 |
| Fibonacci | 0.457567 | 0.476476 | 0.488158 | 0.507067 | 0.525976 | 0.537658 | 0.556567 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.285167 | 0.337233 | 0.437567 | 0.489633 | 0.589967 | 0.642033 | 0.742367 |
| Camarilla | 0.495990 | 0.509960 | 0.523930 | 0.537900 | 0.551870 | 0.565840 | 0.579810 |
| Woodie | 0.309300 | 0.349300 | 0.461700 | 0.501700 | 0.614100 | 0.654100 | 0.766500 |
| Fibonacci | 0.337233 | 0.395450 | 0.431417 | 0.489633 | 0.547850 | 0.583817 | 0.642033 |
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): | 54.18 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 6.835614 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.480066 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.474523 | |
| Elder Ray (13): | 0.001343 | |
| Super Trend (3,10): | 0.483929 | |
| Zig ZAG (10): | 0.480500 | |
| VORTEX (21): | 1.0553 | |
| Stochastique (14,3,5): | 76.30 | |
| TEMA (21): | 0.479704 | |
| Williams %R (14): | -26.97 | |
| Chande Momentum Oscillator (20): | -0.000800 | |
| Repulse (5,40,3): | -0.0156 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0130 | |
| Courbe Coppock: | 0.56 |
| MA7: | 0.482114 | |
| MA20: | 0.499805 | |
| MA50: | 0.486320 | |
| MA100: | 0.556228 | |
| MAexp7: | 0.480081 | |
| MAexp20: | 0.479149 | |
| MAexp50: | 0.477773 | |
| MAexp100: | 0.478986 | |
| Price / MA7: | -0.44% | |
| Price / MA20: | -3.96% | |
| Price / MA50: | -1.30% | |
| Price / MA100: | -13.70% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +0.47% | |
| Price / MAexp100: | +0.21% |
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.
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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