ARPA - ARPA/USDT - 1H - Technical analysis published on 03/18/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.064437 USDT
My targets
0.075463 USDT (+14.60%)
0.092490 USDT (+40.46%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ARPA CHAIN - ARPA/USDT as long as the price remains well above 0.064437 USDT. The buyers' bullish objective is set at 0.075463 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.092490 USDT. If there is any crossing, the next objective would be the resistance located at 0.132100 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
0
10
8.9
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.
This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ARPA CHAIN - ARPA/USDT price is 0.065850 USDT. On the day, this instrument gained +32.50% and was between 0.048870 USDT and 0.066720 USDT. This implies that the price is at +34.75% from its lowest and at -1.30% from its highest.0.048870
0.066720
0.065850
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ARPA CHAIN - ARPA/USDT:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of ARPA CHAIN - ARPA/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, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. 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
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.038164 | 0.045332 | 0.048330 | 0.065850 | 0.092490 | 0.132100 | 0.211800 |
| Change (%) | -42.04% | -31.16% | -26.61% | - | +40.46% | +100.61% | +221.64% |
| Change | -0.027686 | -0.020518 | -0.017520 | - | +0.026640 | +0.066250 | +0.145950 |
| Level | Major | Minor | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035503 | 0.038777 | 0.044233 | 0.047507 | 0.052963 | 0.056237 | 0.061693 |
| Camarilla | 0.047289 | 0.048090 | 0.048890 | 0.049690 | 0.050490 | 0.051291 | 0.052091 |
| Woodie | 0.036595 | 0.039323 | 0.045325 | 0.048053 | 0.054055 | 0.056783 | 0.062785 |
| Fibonacci | 0.038777 | 0.042112 | 0.044172 | 0.047507 | 0.050842 | 0.052902 | 0.056237 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018343 | 0.023967 | 0.027523 | 0.033147 | 0.036703 | 0.042327 | 0.045883 |
| Camarilla | 0.028556 | 0.029397 | 0.030239 | 0.031080 | 0.031922 | 0.032763 | 0.033605 |
| Woodie | 0.017310 | 0.023450 | 0.026490 | 0.032630 | 0.035670 | 0.041810 | 0.044850 |
| Fibonacci | 0.023967 | 0.027473 | 0.029640 | 0.033147 | 0.036653 | 0.038820 | 0.042327 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018223 | 0.026277 | 0.037303 | 0.045357 | 0.056383 | 0.064437 | 0.075463 |
| Camarilla | 0.043083 | 0.044832 | 0.046581 | 0.048330 | 0.050079 | 0.051828 | 0.053577 |
| Woodie | 0.019710 | 0.027020 | 0.038790 | 0.046100 | 0.057870 | 0.065180 | 0.076950 |
| Fibonacci | 0.026277 | 0.033565 | 0.038068 | 0.045357 | 0.052645 | 0.057148 | 0.064437 |
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): | 71.60 | |
| MACD (12,26,9): | 0.0019 | |
| Directional Movement: | 36.182020 | |
| AROON (14): | 42.857142 | |
| DEMA (21): | 0.052657 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.051305 | |
| Elder Ray (13): | 0.001898 | |
| Super Trend (3,10): | 0.049116 | |
| Zig ZAG (10): | 0.052980 | |
| VORTEX (21): | 1.1958 | |
| Stochastique (14,3,5): | 79.66 | |
| TEMA (21): | 0.053028 | |
| Williams %R (14): | -15.34 | |
| Chande Momentum Oscillator (20): | 0.005080 | |
| Repulse (5,40,3): | 1.5310 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5319 | |
| Courbe Coppock: | 18.48 |
| MA7: | 0.041483 | |
| MA20: | 0.039429 | |
| MA50: | 0.039289 | |
| MA100: | 0.033821 | |
| MAexp7: | 0.052178 | |
| MAexp20: | 0.050157 | |
| MAexp50: | 0.046782 | |
| MAexp100: | 0.043263 | |
| Price / MA7: | +58.74% | |
| Price / MA20: | +67.01% | |
| Price / MA50: | +67.60% | |
| Price / MA100: | +94.70% | |
| Price / MAexp7: | +26.20% | |
| Price / MAexp20: | +31.29% | |
| Price / MAexp50: | +40.76% | |
| Price / MAexp100: | +52.21% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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