ARCBLOCK - ABT/USDT - Daily - Technical analysis published on 12/06/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 0.179100 USDT
My targets
0.121100 USDT (-12.50%)
My analysis
ARCBLOCK - ABT/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.179100 USDT. The next support located at 0.121100 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
7.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ARCBLOCK - ABT/USDT rating 0.138400 USDT. The price is lower by -2.67% since the last closing with the lowest point at 0.138000 USDT and the highest point at 0.143800 USDT. The deviation from the price is +0.29% for the low point and -3.76% for the high point.0.138000
0.143800
0.138400
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of ARCBLOCK - ABT/USDT in Daily shows a overall strongly bearish trend. 92.86% 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 is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.121100 | 0.138400 | 0.216643 | 0.286700 | 0.341300 |
| Change (%) | -12.50% | - | +56.53% | +107.15% | +146.60% |
| Change | -0.017300 | - | +0.078243 | +0.148300 | +0.202900 |
| Level | Intermediate | - | Major | Minor | Minor |
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 | 0.131967 | 0.134133 | 0.138167 | 0.140333 | 0.144367 | 0.146533 | 0.150567 |
| Camarilla | 0.140495 | 0.141063 | 0.141632 | 0.142200 | 0.142768 | 0.143337 | 0.143905 |
| Woodie | 0.132900 | 0.134600 | 0.139100 | 0.140800 | 0.145300 | 0.147000 | 0.151500 |
| Fibonacci | 0.134133 | 0.136502 | 0.137965 | 0.140333 | 0.142702 | 0.144165 | 0.146533 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.096167 | 0.113133 | 0.135767 | 0.152733 | 0.175367 | 0.192333 | 0.214967 |
| Camarilla | 0.147510 | 0.151140 | 0.154770 | 0.158400 | 0.162030 | 0.165660 | 0.169290 |
| Woodie | 0.099000 | 0.114550 | 0.138600 | 0.154150 | 0.178200 | 0.193750 | 0.217800 |
| Fibonacci | 0.113133 | 0.128261 | 0.137606 | 0.152733 | 0.167861 | 0.177206 | 0.192333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.009300 | 0.060400 | 0.109400 | 0.179100 | 0.228100 | 0.297800 | 0.346800 |
| Camarilla | 0.125758 | 0.136638 | 0.147519 | 0.158400 | 0.169281 | 0.180162 | 0.191043 |
| Woodie | -0.019650 | 0.055225 | 0.099050 | 0.173925 | 0.217750 | 0.292625 | 0.336450 |
| Fibonacci | 0.060400 | 0.105743 | 0.133757 | 0.179100 | 0.224443 | 0.252457 | 0.297800 |
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): | 39.94 | |
| MACD (12,26,9): | -0.0083 | |
| Directional Movement: | -4.714172 | |
| AROON (14): | 35.714285 | |
| DEMA (21): | 0.144995 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.167503 | |
| Elder Ray (13): | -0.008435 | |
| Super Trend (3,10): | 0.189356 | |
| Zig ZAG (10): | 0.139000 | |
| VORTEX (21): | 0.8774 | |
| Stochastique (14,3,5): | 22.20 | |
| TEMA (21): | 0.137148 | |
| Williams %R (14): | -76.77 | |
| Chande Momentum Oscillator (20): | -0.003400 | |
| Repulse (5,40,3): | -3.8223 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5190 | |
| Courbe Coppock: | 27.58 |
| MA7: | 0.145671 | |
| MA20: | 0.157735 | |
| MA50: | 0.160698 | |
| MA100: | 0.166423 | |
| MAexp7: | 0.144878 | |
| MAexp20: | 0.154580 | |
| MAexp50: | 0.162341 | |
| MAexp100: | 0.178884 | |
| Price / MA7: | -4.99% | |
| Price / MA20: | -12.26% | |
| Price / MA50: | -13.88% | |
| Price / MA100: | -16.84% | |
| Price / MAexp7: | -4.47% | |
| Price / MAexp20: | -10.47% | |
| Price / MAexp50: | -14.75% | |
| Price / MAexp100: | -22.63% |
This member declared not having a position on this financial instrument or a related financial instrument.
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