ARPA - ARPA/USDT
ARPA - ARPA/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: ARPAUSDT
ISIN:

ARPA - ARPA/USDT - Daily - Technical analysis published on 04/10/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
83%
11%
6%
My opinion
Bullish above 0.045332 USDT
My targets
0.048330 USDT (+4.25%)
0.051490 USDT (+11.07%)
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 0.045332 USDT. The buyers' bullish objective is set at 0.048330 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.051490 USDT. If there is any crossing, the next objective would be the resistance located at 0.092490 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

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:
1H Weekly

Additional analysis

Quotes

The ARPA CHAIN - ARPA/USDT rating is 0.046360 USDT. The price registered an increase of +9.01% on the session with the lowest point at 0.042400 USDT and the highest point at 0.048340 USDT. The deviation from the price is +9.34% for the low point and -4.10% for the high point.

0.042400
0.048340
0.046360

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


A technical analysis in Daily of this ARPA CHAIN - ARPA/USDT chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.038049 0.041600 0.045332 0.046360 0.048330 0.051490 0.092490
Change (%) -17.93% -10.27% -2.22% - +4.25% +11.07% +99.50%
Change -0.008311 -0.004760 -0.001028 - +0.001970 +0.005130 +0.046130
Level Major Intermediate Minor - Minor Major 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
Standard0.0375200.0387900.0406600.0419300.0438000.0450700.046940
Camarilla0.0416670.0419540.0422420.0425300.0428180.0431060.043394
Woodie0.0378200.0389400.0409600.0420800.0441000.0452200.047240
Fibonacci0.0387900.0399900.0407310.0419300.0431300.0438710.045070


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0353530.0373170.0393830.0413470.0434130.0453770.047443
Camarilla0.0403420.0407110.0410810.0414500.0418190.0421890.042558
Woodie0.0354050.0373430.0394350.0413730.0434650.0454030.047495
Fibonacci0.0373170.0388560.0398070.0413470.0428860.0438370.045377


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0154100.0070900.0241900.0466900.0637900.0862900.103390
Camarilla0.0304000.0340300.0376600.0412900.0449200.0485500.052180
Woodie-0.0181100.0057400.0214900.0453400.0610900.0849400.100690
Fibonacci0.0070900.0222170.0315630.0466900.0618170.0711630.086290

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): 62.12
MACD (12,26,9): 0.0006
Directional Movement: 17.700311
AROON (14): 100.000000
DEMA (21): 0.042645
Parabolic SAR (0,02-0,02-0,2): 0.037270
Elder Ray (13): 0.002540
Super Trend (3,10): 0.049156
Zig ZAG (10): 0.047430
VORTEX (21): 0.9488
Stochastique (14,3,5): 85.43
TEMA (21): 0.042987
Williams %R (14): -0.39
Chande Momentum Oscillator (20): 0.006230
Repulse (5,40,3): 18.5485
ROCnROLL: 1
TRIX (15,9): 0.0990
Courbe Coppock: 7.31
MA7: 0.042499
MA20: 0.041391
MA50: 0.041147
MA100: 0.037151
MAexp7: 0.043207
MAexp20: 0.041739
MAexp50: 0.040501
MAexp100: 0.038294
Price / MA7: +9.08%
Price / MA20: +12.01%
Price / MA50: +12.67%
Price / MA100: +24.79%
Price / MAexp7: +7.30%
Price / MAexp20: +11.07%
Price / MAexp50: +14.47%
Price / MAexp100: +21.06%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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