PERPETUAL PROTOCOL - PERP/USD - 1H - Technical analysis published on 11/20/2023 (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:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 0.620587 USD
My targets
0.634573 USD (+1.16%)
0.664844 USD (+5.98%)
My analysis
PERPETUAL PROTOCOL - PERP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.620587 USD. The next resistance located at 0.634573 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.664844 USD. After this resistance, buyers could then target 0.691798 USD.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.8
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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 0.627326 USD. The price is lower by -0.30% since the last closing with the lowest point at 0.621125 USD and the highest point at 0.638087 USD. The deviation from the price is +1.00% for the low point and -1.69% for the high point.0.621125
0.638087
0.627326
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on PERPETUAL PROTOCOL - PERP/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this PERPETUAL PROTOCOL - PERP/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.557460 | 0.591558 | 0.620587 | 0.627326 | 0.664844 | 0.691798 | 0.735023 |
| Change (%) | -11.14% | -5.70% | -1.07% | - | +5.98% | +10.28% | +17.17% |
| Change | -0.069866 | -0.035768 | -0.006739 | - | +0.037518 | +0.064472 | +0.107697 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.553475 | 0.569800 | 0.599509 | 0.615834 | 0.645543 | 0.661868 | 0.691577 |
| Camarilla | 0.616559 | 0.620778 | 0.624998 | 0.629218 | 0.633438 | 0.637658 | 0.641877 |
| Woodie | 0.560167 | 0.573146 | 0.606201 | 0.619180 | 0.652235 | 0.665214 | 0.698269 |
| Fibonacci | 0.569800 | 0.587385 | 0.598249 | 0.615834 | 0.633419 | 0.644283 | 0.661868 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.397461 | 0.487384 | 0.544650 | 0.634573 | 0.691839 | 0.781762 | 0.839028 |
| Camarilla | 0.561439 | 0.574931 | 0.588424 | 0.601916 | 0.615408 | 0.628901 | 0.642393 |
| Woodie | 0.381133 | 0.479220 | 0.528322 | 0.626409 | 0.675511 | 0.773598 | 0.822700 |
| Fibonacci | 0.487384 | 0.543610 | 0.578347 | 0.634573 | 0.690799 | 0.725536 | 0.781762 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.315552 | 0.404068 | 0.494385 | 0.582901 | 0.673218 | 0.761734 | 0.852051 |
| Camarilla | 0.535522 | 0.551915 | 0.568308 | 0.584701 | 0.601094 | 0.617487 | 0.633880 |
| Woodie | 0.316452 | 0.404518 | 0.495285 | 0.583351 | 0.674118 | 0.762184 | 0.852951 |
| Fibonacci | 0.404068 | 0.472383 | 0.514587 | 0.582901 | 0.651216 | 0.693420 | 0.761734 |
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): | 54.32 | |
| MACD (12,26,9): | 0.0045 | |
| Directional Movement: | 5.066988 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.632166 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.624387 | |
| Elder Ray (13): | -0.000708 | |
| Super Trend (3,10): | 0.617476 | |
| Zig ZAG (10): | 0.627323 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 41.85 | |
| TEMA (21): | 0.633051 | |
| Williams %R (14): | -63.37 | |
| Chande Momentum Oscillator (20): | -0.001560 | |
| Repulse (5,40,3): | -0.5850 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1331 | |
| Courbe Coppock: | 1.41 |
| MA7: | 0.631024 | |
| MA20: | 0.639497 | |
| MA50: | 0.597609 | |
| MA100: | 0.584767 | |
| MAexp7: | 0.629133 | |
| MAexp20: | 0.625706 | |
| MAexp50: | 0.619943 | |
| MAexp100: | 0.624473 | |
| Price / MA7: | -0.59% | |
| Price / MA20: | -1.90% | |
| Price / MA50: | +4.97% | |
| Price / MA100: | +7.28% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | +0.26% | |
| Price / MAexp50: | +1.19% | |
| Price / MAexp100: | +0.46% |
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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