ARPA - ARPA/USD - 1H - Technical analysis published on 12/09/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 0.054700 USD
My targets
0.058420 USD (+6.06%)
0.064677 USD (+17.42%)
My analysis
ARPA CHAIN - ARPA/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 0.054700 USD. The next resistance located at 0.058420 USD is the next bullish objective 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 0.064677 USD. After this resistance, buyers could then target 0.094120 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
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
ARPA CHAIN - ARPA/USD rating 0.055084 USD. The price is lower by -0.57% since the last closing and was between 0.053935 USD and 0.055988 USD. This implies that the price is at +2.13% from its lowest and at -1.61% from its highest.0.053935
0.055988
0.055084
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this ARPA CHAIN - ARPA/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.050883 | 0.053014 | 0.054700 | 0.055084 | 0.094120 | 0.114133 | 0.211200 |
| Change (%) | -7.63% | -3.76% | -0.70% | - | +70.87% | +107.20% | +283.41% |
| Change | -0.004201 | -0.002070 | -0.000384 | - | +0.039036 | +0.059049 | +0.156116 |
| Level | Intermediate | Intermediate | Major | - | Minor | Major | 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 | 0.051612 | 0.052404 | 0.053903 | 0.054695 | 0.056194 | 0.056986 | 0.058485 |
| Camarilla | 0.054772 | 0.054982 | 0.055192 | 0.055402 | 0.055612 | 0.055822 | 0.056032 |
| Woodie | 0.051966 | 0.052581 | 0.054257 | 0.054872 | 0.056548 | 0.057163 | 0.058839 |
| Fibonacci | 0.052404 | 0.053279 | 0.053820 | 0.054695 | 0.055570 | 0.056111 | 0.056986 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.043669 | 0.045672 | 0.048586 | 0.050589 | 0.053503 | 0.055506 | 0.058420 |
| Camarilla | 0.050147 | 0.050598 | 0.051048 | 0.051499 | 0.051950 | 0.052401 | 0.052851 |
| Woodie | 0.044124 | 0.045900 | 0.049041 | 0.050817 | 0.053958 | 0.055734 | 0.058875 |
| Fibonacci | 0.045672 | 0.047551 | 0.048711 | 0.050589 | 0.052468 | 0.053628 | 0.055506 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029029 | 0.036419 | 0.043158 | 0.050548 | 0.057287 | 0.064677 | 0.071416 |
| Camarilla | 0.046012 | 0.047307 | 0.048602 | 0.049897 | 0.051192 | 0.052487 | 0.053783 |
| Woodie | 0.028704 | 0.036256 | 0.042833 | 0.050385 | 0.056962 | 0.064514 | 0.071091 |
| Fibonacci | 0.036419 | 0.041816 | 0.045151 | 0.050548 | 0.055945 | 0.059280 | 0.064677 |
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): | 52.08 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -3.276386 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.055276 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.055907 | |
| Elder Ray (13): | -0.000094 | |
| Super Trend (3,10): | 0.054172 | |
| Zig ZAG (10): | 0.054883 | |
| VORTEX (21): | 1.0717 | |
| Stochastique (14,3,5): | 48.11 | |
| TEMA (21): | 0.055112 | |
| Williams %R (14): | -53.73 | |
| Chande Momentum Oscillator (20): | -0.001015 | |
| Repulse (5,40,3): | -0.1328 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0991 | |
| Courbe Coppock: | 0.14 |
| MA7: | 0.052896 | |
| MA20: | 0.051281 | |
| MA50: | 0.049425 | |
| MA100: | 0.046083 | |
| MAexp7: | 0.054970 | |
| MAexp20: | 0.054882 | |
| MAexp50: | 0.054195 | |
| MAexp100: | 0.053349 | |
| Price / MA7: | +4.14% | |
| Price / MA20: | +7.42% | |
| Price / MA50: | +11.45% | |
| Price / MA100: | +19.53% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | +0.37% | |
| Price / MAexp50: | +1.64% | |
| Price / MAexp100: | +3.25% |
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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