Londinia Opportunities Analyses - 12/03/2021 (GMT) ARPA CHAIN - ARPA/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | ARPAUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.144813 USDT
My targets
0.136300 USDT (-3.20%)
0.132100 USDT (-6.18%)
My analysis
ARPA CHAIN - ARPA/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 0.144813 USDT. The next support located at 0.136300 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.132100 USDT. Below this support, sellers could then target 0.093890 USDT. 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
7.9
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
ARPA CHAIN - ARPA/USDT rating 0.140800 USDT. The price registered a decrease of -4.28% on the session and was between 0.137800 USDT and 0.150600 USDT. This implies that the price is at +2.18% from its lowest and at -6.51% from its highest.0.137800
0.150600
0.140800
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ARPA CHAIN - ARPA/USDT chart shows a sharp 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 currently does not detect any result that concerns moving averages.
Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.093890 | 0.132100 | 0.136300 | 0.140800 | 0.141350 | 0.144813 | 0.153389 |
| Change (%) | -33.32% | -6.18% | -3.20% | - | +0.39% | +2.85% | +8.94% |
| Change | -0.046910 | -0.008700 | -0.004500 | - | +0.000550 | +0.004013 | +0.012589 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | 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 | 0.125300 | 0.134500 | 0.140800 | 0.150000 | 0.156300 | 0.165500 | 0.171800 |
| Camarilla | 0.142838 | 0.144258 | 0.145679 | 0.147100 | 0.148521 | 0.149942 | 0.151363 |
| Woodie | 0.123850 | 0.133775 | 0.139350 | 0.149275 | 0.154850 | 0.164775 | 0.170350 |
| Fibonacci | 0.134500 | 0.140421 | 0.144079 | 0.150000 | 0.155921 | 0.159579 | 0.165500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.063000 | 0.099200 | 0.123100 | 0.159300 | 0.183200 | 0.219400 | 0.243300 |
| Camarilla | 0.130473 | 0.135982 | 0.141491 | 0.147000 | 0.152509 | 0.158018 | 0.163528 |
| Woodie | 0.056850 | 0.096125 | 0.116950 | 0.156225 | 0.177050 | 0.216325 | 0.237150 |
| Fibonacci | 0.099200 | 0.122158 | 0.136342 | 0.159300 | 0.182258 | 0.196442 | 0.219400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.050433 | 0.040833 | 0.092467 | 0.183733 | 0.235367 | 0.326633 | 0.378267 |
| Camarilla | 0.104803 | 0.117902 | 0.131001 | 0.144100 | 0.157199 | 0.170298 | 0.183398 |
| Woodie | -0.070250 | 0.030925 | 0.072650 | 0.173825 | 0.215550 | 0.316725 | 0.358450 |
| Fibonacci | 0.040833 | 0.095421 | 0.129146 | 0.183733 | 0.238321 | 0.272046 | 0.326633 |
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): | 32.97 | |
| MACD (12,26,9): | -0.0015 | |
| Directional Movement: | -5.485022 | |
| AROON (14): | -7.142861 | |
| DEMA (21): | 0.143165 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.149832 | |
| Elder Ray (13): | -0.003421 | |
| Super Trend (3,10): | 0.148831 | |
| Zig ZAG (10): | 0.140800 | |
| VORTEX (21): | 0.8850 | |
| Stochastique (14,3,5): | 23.18 | |
| TEMA (21): | 0.142356 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | -0.005200 | |
| Repulse (5,40,3): | -1.3082 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0941 | |
| Courbe Coppock: | 3.60 |
| MA7: | 0.148114 | |
| MA20: | 0.160135 | |
| MA50: | 0.161524 | |
| MA100: | 0.119908 | |
| MAexp7: | 0.142958 | |
| MAexp20: | 0.144886 | |
| MAexp50: | 0.146456 | |
| MAexp100: | 0.147332 | |
| Price / MA7: | -4.94% | |
| Price / MA20: | -12.07% | |
| Price / MA50: | -12.83% | |
| Price / MA100: | +17.42% | |
| Price / MAexp7: | -1.51% | |
| Price / MAexp20: | -2.82% | |
| Price / MAexp50: | -3.86% | |
| Price / MAexp100: | -4.43% |
Quotes :
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Real time data
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Cryptocompare