ARPA CHAIN - ARPA/USD - 1H - Technical analysis published on 10/25/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 0.047909 USD
My targets
0.044388 USD (-4.74%)
0.040816 USD (-12.41%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ARPA CHAIN - ARPA/USD. As long as you are under the resistance located at 0.047909 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.044388 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.040816 USD as an objective. Crossing it would then enable sellers to target 0.038727 USD. If the resistance 0.047909 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ARPA CHAIN - ARPA/USD price is 0.046597 USD. On the day, this instrument gained +1.51% with the lowest point at 0.045903 USD and the highest point at 0.046696 USD. The deviation from the price is +1.51% for the low point and -0.21% for the high point.0.045903
0.046696
0.046597
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of ARPA CHAIN - ARPA/USD indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.030760 | 0.038727 | 0.044388 | 0.046597 | 0.050581 | 0.055051 | 0.063635 |
| Change (%) | -33.99% | -16.89% | -4.74% | - | +8.55% | +18.14% | +36.56% |
| Change | -0.015837 | -0.007870 | -0.002209 | - | +0.003984 | +0.008454 | +0.017038 |
| Level | Major | Major | Intermediate | - | Major | 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 | 0.042004 | 0.043256 | 0.044580 | 0.045832 | 0.047156 | 0.048408 | 0.049732 |
| Camarilla | 0.045195 | 0.045431 | 0.045667 | 0.045903 | 0.046139 | 0.046375 | 0.046611 |
| Woodie | 0.042039 | 0.043274 | 0.044615 | 0.045850 | 0.047191 | 0.048426 | 0.049767 |
| Fibonacci | 0.043256 | 0.044240 | 0.044848 | 0.045832 | 0.046816 | 0.047424 | 0.048408 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.030470 | 0.033723 | 0.037563 | 0.040816 | 0.044656 | 0.047909 | 0.051749 |
| Camarilla | 0.039453 | 0.040104 | 0.040754 | 0.041404 | 0.042054 | 0.042704 | 0.043355 |
| Woodie | 0.030765 | 0.033870 | 0.037858 | 0.040963 | 0.044951 | 0.048056 | 0.052044 |
| Fibonacci | 0.033723 | 0.036432 | 0.038106 | 0.040816 | 0.043525 | 0.045199 | 0.047909 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.016792 | 0.024540 | 0.033921 | 0.041669 | 0.051050 | 0.058798 | 0.068179 |
| Camarilla | 0.038591 | 0.040161 | 0.041731 | 0.043301 | 0.044871 | 0.046441 | 0.048012 |
| Woodie | 0.017608 | 0.024948 | 0.034737 | 0.042077 | 0.051866 | 0.059206 | 0.068995 |
| Fibonacci | 0.024540 | 0.031084 | 0.035126 | 0.041669 | 0.048213 | 0.052255 | 0.058798 |
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): | 56.98 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 10.384063 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.045659 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.044893 | |
| Elder Ray (13): | 0.000350 | |
| Super Trend (3,10): | 0.046744 | |
| Zig ZAG (10): | 0.046596 | |
| VORTEX (21): | 1.0076 | |
| Stochastique (14,3,5): | 59.94 | |
| TEMA (21): | 0.046150 | |
| Williams %R (14): | -24.57 | |
| Chande Momentum Oscillator (20): | 0.001002 | |
| Repulse (5,40,3): | 0.7509 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1039 | |
| Courbe Coppock: | 3.48 |
| MA7: | 0.049388 | |
| MA20: | 0.042926 | |
| MA50: | 0.042000 | |
| MA100: | 0.039991 | |
| MAexp7: | 0.046053 | |
| MAexp20: | 0.045906 | |
| MAexp50: | 0.046921 | |
| MAexp100: | 0.047563 | |
| Price / MA7: | -5.65% | |
| Price / MA20: | +8.55% | |
| Price / MA50: | +10.95% | |
| Price / MA100: | +16.52% | |
| Price / MAexp7: | +1.18% | |
| Price / MAexp20: | +1.51% | |
| Price / MAexp50: | -0.69% | |
| Price / MAexp100: | -2.03% |
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.
About author
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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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