ARPA CHAIN - ARPA/USD - 1H - Technical analysis published on 03/28/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.094120 USD
My targets
0.106733 USD (+7.80%)
0.114133 USD (+15.28%)
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/USD as long as the price remains well above 0.094120 USD. The buyers' bullish objective is set at 0.106733 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.114133 USD. If there is any crossing, the next objective would be the resistance located at 0.211200 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ARPA CHAIN - ARPA/USD rating 0.099008 USD. On the day, this instrument gained +13.17% with the lowest point at 0.086205 USD and the highest point at 0.100192 USD. The deviation from the price is +14.85% for the low point and -1.18% for the high point.0.086205
0.100192
0.099008
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of ARPA CHAIN - ARPA/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
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 : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.087859 | 0.091981 | 0.094120 | 0.099008 | 0.114133 | 0.211200 |
| Change (%) | -11.26% | -7.10% | -4.94% | - | +15.28% | +113.32% |
| Change | -0.011149 | -0.007027 | -0.004888 | - | +0.015125 | +0.112192 |
| Level | Minor | Intermediate | Minor | - | Major | Intermediate |
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 | 0.078128 | 0.082124 | 0.084806 | 0.088802 | 0.091484 | 0.095480 | 0.098162 |
| Camarilla | 0.085653 | 0.086265 | 0.086877 | 0.087489 | 0.088101 | 0.088713 | 0.089326 |
| Woodie | 0.077472 | 0.081796 | 0.084150 | 0.088474 | 0.090828 | 0.095152 | 0.097506 |
| Fibonacci | 0.082124 | 0.084675 | 0.086251 | 0.088802 | 0.091353 | 0.092929 | 0.095480 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.046468 | 0.057335 | 0.071167 | 0.082034 | 0.095866 | 0.106733 | 0.120565 |
| Camarilla | 0.078207 | 0.080471 | 0.082735 | 0.084999 | 0.087263 | 0.089527 | 0.091791 |
| Woodie | 0.047951 | 0.058076 | 0.072650 | 0.082775 | 0.097349 | 0.107474 | 0.122048 |
| Fibonacci | 0.057335 | 0.066770 | 0.072599 | 0.082034 | 0.091469 | 0.097298 | 0.106733 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.034203 | 0.044257 | 0.055577 | 0.065631 | 0.076951 | 0.087005 | 0.098325 |
| Camarilla | 0.061020 | 0.062979 | 0.064939 | 0.066898 | 0.068857 | 0.070817 | 0.072776 |
| Woodie | 0.034837 | 0.044574 | 0.056211 | 0.065948 | 0.077585 | 0.087322 | 0.098959 |
| Fibonacci | 0.044257 | 0.052422 | 0.057466 | 0.065631 | 0.073796 | 0.078840 | 0.087005 |
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): | 67.73 | |
| MACD (12,26,9): | 0.0018 | |
| Directional Movement: | 24.322341 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.095040 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.090366 | |
| Elder Ray (13): | 0.003392 | |
| Super Trend (3,10): | 0.091378 | |
| Zig ZAG (10): | 0.097099 | |
| VORTEX (21): | 1.2569 | |
| Stochastique (14,3,5): | 95.49 | |
| TEMA (21): | 0.096420 | |
| Williams %R (14): | -11.38 | |
| Chande Momentum Oscillator (20): | 0.004405 | |
| Repulse (5,40,3): | 4.8086 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1999 | |
| Courbe Coppock: | 10.18 |
| MA7: | 0.088867 | |
| MA20: | 0.086625 | |
| MA50: | 0.074261 | |
| MA100: | 0.067629 | |
| MAexp7: | 0.095628 | |
| MAexp20: | 0.092963 | |
| MAexp50: | 0.091086 | |
| MAexp100: | 0.089418 | |
| Price / MA7: | +11.41% | |
| Price / MA20: | +14.29% | |
| Price / MA50: | +33.32% | |
| Price / MA100: | +46.40% | |
| Price / MAexp7: | +3.53% | |
| Price / MAexp20: | +6.50% | |
| Price / MAexp50: | +8.70% | |
| Price / MAexp100: | +10.72% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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