ARPA - ARPA/USD - 1H - Technical analysis published on 01/22/2024 (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:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 0.065900 USD
My targets
0.063695 USD (-1.70%)
0.059679 USD (-7.90%)
My analysis
The bearish trend is currently very strong for ARPA CHAIN - ARPA/USD. As long as the price remains below the resistance at 0.065900 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.063695 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.059679 USD as an objective. Crossing it would then enable sellers to target 0.054700 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
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 0.064799 USD. The price is lower by -0.15% since the last closing and was between 0.063804 USD and 0.065495 USD. This implies that the price is at +1.56% from its lowest and at -1.06% from its highest.0.063804
0.065495
0.064799
Here is a more detailed summary of the historical variations registered by ARPA CHAIN - ARPA/USD:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of ARPA CHAIN - ARPA/USD indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 6 are bullish, 5 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.049120 | 0.054700 | 0.063695 | 0.064799 | 0.065900 | 0.068549 | 0.071202 |
| Change (%) | -24.20% | -15.59% | -1.70% | - | +1.70% | +5.79% | +9.88% |
| Change | -0.015679 | -0.010099 | -0.001104 | - | +0.001101 | +0.003750 | +0.006403 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | 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 | 0.061268 | 0.062635 | 0.063766 | 0.065133 | 0.066264 | 0.067631 | 0.068762 |
| Camarilla | 0.064211 | 0.064440 | 0.064669 | 0.064898 | 0.065127 | 0.065356 | 0.065585 |
| Woodie | 0.061151 | 0.062576 | 0.063649 | 0.065074 | 0.066147 | 0.067572 | 0.068645 |
| Fibonacci | 0.062635 | 0.063589 | 0.064178 | 0.065133 | 0.066087 | 0.066676 | 0.067631 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.046217 | 0.054654 | 0.059679 | 0.068116 | 0.073141 | 0.081578 | 0.086603 |
| Camarilla | 0.061001 | 0.062235 | 0.063469 | 0.064703 | 0.065937 | 0.067171 | 0.068405 |
| Woodie | 0.044510 | 0.053801 | 0.057972 | 0.067263 | 0.071434 | 0.080725 | 0.084896 |
| Fibonacci | 0.054654 | 0.059797 | 0.062974 | 0.068116 | 0.073259 | 0.076436 | 0.081578 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027712 | 0.037058 | 0.045377 | 0.054723 | 0.063042 | 0.072388 | 0.080707 |
| Camarilla | 0.048838 | 0.050457 | 0.052077 | 0.053696 | 0.055315 | 0.056935 | 0.058554 |
| Woodie | 0.027199 | 0.036801 | 0.044864 | 0.054466 | 0.062529 | 0.072131 | 0.080194 |
| Fibonacci | 0.037058 | 0.043806 | 0.047975 | 0.054723 | 0.061471 | 0.065640 | 0.072388 |
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): | 48.66 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -1.526781 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.064876 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.065520 | |
| Elder Ray (13): | 0.000094 | |
| Super Trend (3,10): | 0.065938 | |
| Zig ZAG (10): | 0.064900 | |
| VORTEX (21): | 0.9995 | |
| Stochastique (14,3,5): | 36.14 | |
| TEMA (21): | 0.064707 | |
| Williams %R (14): | -54.30 | |
| Chande Momentum Oscillator (20): | -0.001103 | |
| Repulse (5,40,3): | 0.4286 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0030 | |
| Courbe Coppock: | 3.03 |
| MA7: | 0.066930 | |
| MA20: | 0.066249 | |
| MA50: | 0.058694 | |
| MA100: | 0.053267 | |
| MAexp7: | 0.064766 | |
| MAexp20: | 0.065000 | |
| MAexp50: | 0.065232 | |
| MAexp100: | 0.066073 | |
| Price / MA7: | -3.18% | |
| Price / MA20: | -2.19% | |
| Price / MA50: | +10.40% | |
| Price / MA100: | +21.65% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | -0.66% | |
| Price / MAexp100: | -1.93% |
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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