ARKHAM - ARKM/USDT - 1H - Technical analysis published on 12/17/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.562160 USDT
My targets
0.613177 USDT (+4.51%)
0.697571 USDT (+18.89%)
My analysis
The basic bullish trend is very strong on ARKHAM - ARKM/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.562160 USDT. Crossing the first resistance at 0.613177 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.697571 USDT as an objective. Crossing it would then enable buyers to target 0.786957 USDT. Caution, a return to below 0.562160 USDT would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.9
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ARKHAM - ARKM/USDT rating 0.586725 USDT. The price has increased by +10.96% since the last closing and was traded between 0.508763 USDT and 0.587316 USDT over the period. The price is currently at +15.32% from its lowest and -0.10% from its highest.0.508763
0.587316
0.586725
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
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
A technical analysis in 1H of this ARKHAM - ARKM/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. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
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
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.521831 | 0.550807 | 0.562160 | 0.586725 |
| Change (%) | -11.06% | -6.12% | -4.19% | - |
| Change | -0.064894 | -0.035918 | -0.024565 | - |
| Level | Minor | Intermediate | 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 | 0.301024 | 0.378336 | 0.453560 | 0.530872 | 0.606096 | 0.683408 | 0.758632 |
| Camarilla | 0.486837 | 0.500819 | 0.514802 | 0.528784 | 0.542767 | 0.556749 | 0.570731 |
| Woodie | 0.299980 | 0.377814 | 0.452516 | 0.530350 | 0.605052 | 0.682886 | 0.757588 |
| Fibonacci | 0.378336 | 0.436605 | 0.472603 | 0.530872 | 0.589141 | 0.625139 | 0.683408 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.265617 | 0.350011 | 0.439397 | 0.523791 | 0.613177 | 0.697571 | 0.786957 |
| Camarilla | 0.480995 | 0.496924 | 0.512854 | 0.528784 | 0.544714 | 0.560644 | 0.576574 |
| Woodie | 0.268114 | 0.351259 | 0.441894 | 0.525039 | 0.615674 | 0.698819 | 0.789454 |
| Fibonacci | 0.350011 | 0.416395 | 0.457407 | 0.523791 | 0.590175 | 0.631187 | 0.697571 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.064389 | 0.200744 | 0.321866 | 0.458221 | 0.579343 | 0.715698 | 0.836820 |
| Camarilla | 0.372181 | 0.395783 | 0.419385 | 0.442987 | 0.466589 | 0.490191 | 0.513793 |
| Woodie | 0.056772 | 0.196936 | 0.314249 | 0.454413 | 0.571726 | 0.711890 | 0.829203 |
| Fibonacci | 0.200744 | 0.299101 | 0.359865 | 0.458221 | 0.556578 | 0.617342 | 0.715698 |
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): | 59.00 | |
| MACD (12,26,9): | 0.0101 | |
| Directional Movement: | 13.175940 | |
| AROON (14): | 28.571428 | |
| DEMA (21): | 0.543999 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.515469 | |
| Elder Ray (13): | 0.011164 | |
| Super Trend (3,10): | 0.568240 | |
| Zig ZAG (10): | 0.542889 | |
| VORTEX (21): | 0.9833 | |
| Stochastique (14,3,5): | 52.22 | |
| TEMA (21): | 0.544232 | |
| Williams %R (14): | -40.43 | |
| Chande Momentum Oscillator (20): | 0.023570 | |
| Repulse (5,40,3): | 1.2813 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2931 | |
| Courbe Coppock: | 5.07 |
| MA7: | 0.495647 | |
| MA20: | 0.499802 | |
| MA50: | 0.449401 | |
| MA100: | 0.405477 | |
| MAexp7: | 0.539388 | |
| MAexp20: | 0.528685 | |
| MAexp50: | 0.513308 | |
| MAexp100: | 0.501461 | |
| Price / MA7: | +18.38% | |
| Price / MA20: | +17.39% | |
| Price / MA50: | +30.56% | |
| Price / MA100: | +44.70% | |
| Price / MAexp7: | +8.78% | |
| Price / MAexp20: | +10.98% | |
| Price / MAexp50: | +14.30% | |
| Price / MAexp100: | +17.00% |
Quotes :
-
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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