ARAGON - ANT/USD - 1H - Technical analysis published on 01/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 5.96 USD
My targets
5.59 USD (-2.78%)
5.51 USD (-4.17%)
My analysis
The basic trend is bearish on ARAGON - ANT/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 5.96 USD. Buyers would then use the next resistance located at 6.04 USD as an objective. Crossing it would then enable buyers to target 6.16 USD. If there is a return to below the support located at 5.59 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 5.51 USD and 5.14 USD by extension.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
0.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ARAGON - ANT/USD price is 5.75 USD. The price is lower by -0.17% since the last closing with the lowest point at 5.60 USD and the highest point at 5.76 USD. The deviation from the price is +2.68% for the low point and -0.17% for the high point.5.60
5.76
5.75
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of ARAGON - ANT/USD indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.14 | 5.51 | 5.59 | 5.75 | 5.75 | 5.96 | 6.04 |
| Change (%) | -10.61% | -4.17% | -2.78% | 0% | - | +3.65% | +5.04% |
| Change | -0.61 | -0.24 | -0.16 | 0 | - | +0.21 | +0.29 |
| Level | Major | Minor | Minor | Major | - | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.41 | 5.50 | 5.63 | 5.72 | 5.85 | 5.94 | 6.07 |
| Camarilla | 5.70 | 5.72 | 5.74 | 5.76 | 5.78 | 5.80 | 5.82 |
| Woodie | 5.43 | 5.51 | 5.65 | 5.73 | 5.87 | 5.95 | 6.09 |
| Fibonacci | 5.50 | 5.58 | 5.64 | 5.72 | 5.80 | 5.86 | 5.94 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.64 | 5.03 | 5.43 | 5.82 | 6.22 | 6.61 | 7.01 |
| Camarilla | 5.60 | 5.68 | 5.75 | 5.82 | 5.89 | 5.97 | 6.04 |
| Woodie | 4.64 | 5.03 | 5.43 | 5.82 | 6.22 | 6.61 | 7.01 |
| Fibonacci | 5.03 | 5.34 | 5.52 | 5.82 | 6.13 | 6.31 | 6.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.20 | 4.70 | 5.23 | 5.73 | 6.26 | 6.76 | 7.29 |
| Camarilla | 5.49 | 5.58 | 5.68 | 5.77 | 5.86 | 5.96 | 6.05 |
| Woodie | 4.23 | 4.71 | 5.26 | 5.74 | 6.29 | 6.77 | 7.32 |
| Fibonacci | 4.70 | 5.09 | 5.33 | 5.73 | 6.12 | 6.36 | 6.76 |
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): | 48.19 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -6.63 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 5.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.79 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 5.82 | |
| Zig ZAG (10): | 5.74 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 45.73 | |
| TEMA (21): | 5.71 | |
| Williams %R (14): | -35.97 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | 0.6800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.52 |
| MA7: | 5.80 | |
| MA20: | 5.76 | |
| MA50: | 5.58 | |
| MA100: | 5.23 | |
| MAexp7: | 5.70 | |
| MAexp20: | 5.70 | |
| MAexp50: | 5.74 | |
| MAexp100: | 5.79 | |
| Price / MA7: | -0.86% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | +3.05% | |
| Price / MA100: | +9.94% | |
| Price / MAexp7: | +0.88% | |
| Price / MAexp20: | +0.88% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | -0.69% |
Quotes :
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Real time data
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