ARPA - ARPA/USD - 1H - Technical analysis published on 09/11/2024 (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 bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.038855 USD
My targets
0.041607 USD (+1.73%)
0.049646 USD (+21.39%)
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 0.038855 USD. The next resistance located at 0.041607 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 0.049646 USD. After this resistance, buyers could then target 0.054725 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ARPA CHAIN - ARPA/USD rating 0.040899 USD. On the day, this instrument gained +7.84% and was between 0.035997 USD and 0.042229 USD. This implies that the price is at +13.62% from its lowest and at -3.15% from its highest.0.035997
0.042229
0.040899
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of ARPA CHAIN - ARPA/USD indicates that the overall trend is strongly bullish. 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.036893 | 0.037997 | 0.038855 | 0.040899 | 0.054725 | 0.063589 | 0.079198 |
| Change (%) | -9.79% | -7.10% | -5.00% | - | +33.81% | +55.48% | +93.64% |
| Change | -0.004006 | -0.002902 | -0.002044 | - | +0.013826 | +0.022690 | +0.038299 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035723 | 0.036314 | 0.037120 | 0.037711 | 0.038517 | 0.039108 | 0.039914 |
| Camarilla | 0.037543 | 0.037671 | 0.037799 | 0.037927 | 0.038055 | 0.038183 | 0.038311 |
| Woodie | 0.035832 | 0.036368 | 0.037229 | 0.037765 | 0.038626 | 0.039162 | 0.040023 |
| Fibonacci | 0.036314 | 0.036847 | 0.037177 | 0.037711 | 0.038244 | 0.038574 | 0.039108 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.026781 | 0.029535 | 0.031723 | 0.034477 | 0.036665 | 0.039419 | 0.041607 |
| Camarilla | 0.032552 | 0.033005 | 0.033458 | 0.033911 | 0.034364 | 0.034817 | 0.035270 |
| Woodie | 0.026498 | 0.029394 | 0.031440 | 0.034336 | 0.036382 | 0.039278 | 0.041324 |
| Fibonacci | 0.029535 | 0.031423 | 0.032589 | 0.034477 | 0.036365 | 0.037531 | 0.039419 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001304 | 0.014155 | 0.025475 | 0.038326 | 0.049646 | 0.062497 | 0.073817 |
| Camarilla | 0.030149 | 0.032365 | 0.034580 | 0.036796 | 0.039012 | 0.041227 | 0.043443 |
| Woodie | 0.000540 | 0.013772 | 0.024711 | 0.037943 | 0.048882 | 0.062114 | 0.073053 |
| Fibonacci | 0.014155 | 0.023388 | 0.029092 | 0.038326 | 0.047559 | 0.053263 | 0.062497 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 71.72 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | 37.825490 | |
| AROON (14): | 28.571428 | |
| DEMA (21): | 0.039475 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.037470 | |
| Elder Ray (13): | 0.001874 | |
| Super Trend (3,10): | 0.038232 | |
| Zig ZAG (10): | 0.040801 | |
| VORTEX (21): | 1.2400 | |
| Stochastique (14,3,5): | 80.54 | |
| TEMA (21): | 0.040274 | |
| Williams %R (14): | -20.04 | |
| Chande Momentum Oscillator (20): | 0.004657 | |
| Repulse (5,40,3): | 1.3724 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1253 | |
| Courbe Coppock: | 16.95 |
| MA7: | 0.036360 | |
| MA20: | 0.037588 | |
| MA50: | 0.037133 | |
| MA100: | 0.043244 | |
| MAexp7: | 0.039977 | |
| MAexp20: | 0.038545 | |
| MAexp50: | 0.037694 | |
| MAexp100: | 0.036958 | |
| Price / MA7: | +12.48% | |
| Price / MA20: | +8.81% | |
| Price / MA50: | +10.14% | |
| Price / MA100: | -5.42% | |
| Price / MAexp7: | +2.31% | |
| Price / MAexp20: | +6.11% | |
| Price / MAexp50: | +8.50% | |
| Price / MAexp100: | +10.66% |
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.
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