Londinia Opportunities Analyses - 05/04/2024 (GMT) ARWEAVE - AR/USDT - 1H

- USDT (-)

- Real time data - Cryptocompare

Type:	Cryptocurrencies
Ticker:	ARUSDT
ISIN:

Londinia

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 bullish

Underlying: Strongly bullish

Technical indicators

78%

11%

My opinion

Bullish above 35.15 USDT

My targets

36.62 USDT (+2.63%)

38.15 USDT (+6.92%)

My analysis

The bullish trend is currently very strong on ARWEAVE - AR/USDT. As long as the price remains above the support at 35.15 USDT, you could try to benefit from the boom. The first bullish objective is located at 36.62 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 38.15 USDT as an objective. Crossing it would then enable buyers to target 43.48 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The ARWEAVE - AR/USDT price is 35.68 USDT. The price has increased by +3.21% since the last closing and was between 33.73 USDT and 36.85 USDT. This implies that the price is at +5.78% from its lowest and at -3.18% from its highest.

33.73

36.85

35.68

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of ARWEAVE - AR/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	31.11	33.79	35.15	35.68	36.62	38.15	43.48
Change (%)	-12.81%	-5.30%	-1.49%	-	+2.63%	+6.92%	+21.86%
Change	-4.57	-1.89	-0.53	-	+0.94	+2.47	+7.80
Level	Major	Intermediate	Minor	-	Major	Intermediate	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	28.18	30.89	32.73	35.44	37.28	39.99	41.83
Camarilla	33.32	33.74	34.15	34.57	34.99	35.40	35.82
Woodie	27.75	30.67	32.30	35.22	36.85	39.77	41.40
Fibonacci	30.89	32.63	33.70	35.44	37.18	38.25	39.99

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.04	25.30	29.41	33.67	37.78	42.04	46.15
Camarilla	31.21	31.98	32.74	33.51	34.28	35.05	35.81
Woodie	20.96	25.26	29.33	33.63	37.70	42.00	46.07
Fibonacci	25.30	28.50	30.48	33.67	36.87	38.85	42.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.68	13.46	21.83	30.61	38.98	47.76	56.13
Camarilla	25.48	27.06	28.63	30.20	31.77	33.34	34.92
Woodie	4.48	13.36	21.63	30.51	38.78	47.66	55.93
Fibonacci	13.46	20.01	24.06	30.61	37.16	41.21	47.76

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):	55.94
MACD (12,26,9):	0.2800
Directional Movement:	15.73
AROON (14):	21.43
DEMA (21):	35.68
Parabolic SAR (0,02-0,02-0,2):	33.91
Elder Ray (13):	0.43
Super Trend (3,10):	33.88
Zig ZAG (10):	35.85
VORTEX (21):	1.0800
Stochastique (14,3,5):	76.93
TEMA (21):	35.56
Williams %R (14):	-33.60
Chande Momentum Oscillator (20):	0.64
Repulse (5,40,3):	-0.4400
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	1.88

MA7:	33.65
MA20:	31.52
MA50:	33.43
MA100:	26.17
MAexp7:	35.63
MAexp20:	35.32
MAexp50:	34.58
MAexp100:	33.77
Price / MA7:	+6.03%
Price / MA20:	+13.20%
Price / MA50:	+6.73%
Price / MA100:	+36.34%
Price / MAexp7:	+0.14%
Price / MAexp20:	+1.02%
Price / MAexp50:	+3.18%
Price / MAexp100:	+5.66%

Quotes : - Real time data - Cryptocompare