ARPA CHAIN - ARPA/USD - 1H - Technical analysis published on 09/24/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.044895 USD
My targets
0.049227 USD (+7.51%)
0.053558 USD (+16.97%)
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 0.044895 USD. The buyers' bullish objective is set at 0.049227 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.053558 USD. If there is any crossing, the next objective would be the resistance located at 0.063589 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
8.4
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Additional analysis
Quotes
The ARPA CHAIN - ARPA/USD rating is 0.045790 USD. The price has increased by +1.91% since the last closing with the lowest point at 0.043889 USD and the highest point at 0.045804 USD. The deviation from the price is +4.33% for the low point and -0.03% for the high point.0.043889
0.045804
0.045790
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
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. 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 bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.039789 | 0.042254 | 0.044895 | 0.045790 | 0.063589 | 0.079198 | 0.091090 |
| Change (%) | -13.11% | -7.72% | -1.95% | - | +38.87% | +72.96% | +98.93% |
| Change | -0.006001 | -0.003536 | -0.000895 | - | +0.017799 | +0.033408 | +0.045300 |
| Level | Minor | Intermediate | Minor | - | Minor | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038261 | 0.040109 | 0.042521 | 0.044369 | 0.046781 | 0.048629 | 0.051041 |
| Camarilla | 0.043762 | 0.044152 | 0.044543 | 0.044933 | 0.045324 | 0.045714 | 0.046105 |
| Woodie | 0.038543 | 0.040250 | 0.042803 | 0.044510 | 0.047063 | 0.048770 | 0.051323 |
| Fibonacci | 0.040109 | 0.041736 | 0.042742 | 0.044369 | 0.045996 | 0.047002 | 0.048629 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.032576 | 0.035239 | 0.039570 | 0.042233 | 0.046564 | 0.049227 | 0.053558 |
| Camarilla | 0.041979 | 0.042620 | 0.043261 | 0.043902 | 0.044543 | 0.045184 | 0.045825 |
| Woodie | 0.033411 | 0.035656 | 0.040405 | 0.042650 | 0.047399 | 0.049644 | 0.054393 |
| Fibonacci | 0.035239 | 0.037910 | 0.039561 | 0.042233 | 0.044904 | 0.046555 | 0.049227 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007284 | 0.018939 | 0.027867 | 0.039522 | 0.048450 | 0.060105 | 0.069033 |
| Camarilla | 0.031136 | 0.033023 | 0.034909 | 0.036796 | 0.038683 | 0.040570 | 0.042456 |
| Woodie | 0.005922 | 0.018257 | 0.026505 | 0.038840 | 0.047088 | 0.059423 | 0.067671 |
| Fibonacci | 0.018939 | 0.026801 | 0.031659 | 0.039522 | 0.047384 | 0.052242 | 0.060105 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.68 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 7.095858 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.045094 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.046080 | |
| Elder Ray (13): | 0.000486 | |
| Super Trend (3,10): | 0.043366 | |
| Zig ZAG (10): | 0.045387 | |
| VORTEX (21): | 1.1484 | |
| Stochastique (14,3,5): | 57.87 | |
| TEMA (21): | 0.045265 | |
| Williams %R (14): | -28.24 | |
| Chande Momentum Oscillator (20): | 0.000896 | |
| Repulse (5,40,3): | 2.1258 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1442 | |
| Courbe Coppock: | 5.20 |
| MA7: | 0.043586 | |
| MA20: | 0.040032 | |
| MA50: | 0.037847 | |
| MA100: | 0.040256 | |
| MAexp7: | 0.044956 | |
| MAexp20: | 0.044503 | |
| MAexp50: | 0.043919 | |
| MAexp100: | 0.043392 | |
| Price / MA7: | +5.06% | |
| Price / MA20: | +14.38% | |
| Price / MA50: | +20.99% | |
| Price / MA100: | +13.75% | |
| Price / MAexp7: | +1.86% | |
| Price / MAexp20: | +2.89% | |
| Price / MAexp50: | +4.26% | |
| Price / MAexp100: | +5.53% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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