ARBITRUM - ARB/USDT - 15 min. - Technical analysis published on 10/21/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.597928 USDT
My targets
0.576186 USDT (-1.73%)
0.539534 USDT (-7.98%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ARBITRUM - ARB/USDT as long as the price remains well below 0.597928 USDT. The sellers' bearish objective is set at 0.576186 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.539534 USDT. In case of crossing, the next objective would be the support located at 0.517792 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by donger. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ARBITRUM - ARB/USDT rating 0.586350 USDT. The price is lower by -4.32% since the last closing and was between 0.582233 USDT and 0.616735 USDT. This implies that the price is at +0.71% from its lowest and at -4.93% from its highest.0.582233
0.616735
0.586350
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 15 min. of this ARBITRUM - ARB/USDT chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 3 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.557126 | 0.568772 | 0.582977 | 0.586350 | 0.621804 | 1.027186 | 1.227224 |
| Change (%) | -4.98% | -3.00% | -0.58% | - | +6.05% | +75.18% | +109.30% |
| Change | -0.029224 | -0.017578 | -0.003373 | - | +0.035454 | +0.440836 | +0.640874 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Major |
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 | 0.517792 | 0.539534 | 0.576186 | 0.597928 | 0.634580 | 0.656322 | 0.692974 |
| Camarilla | 0.596779 | 0.602131 | 0.607484 | 0.612837 | 0.618190 | 0.623543 | 0.628895 |
| Woodie | 0.525246 | 0.543262 | 0.583640 | 0.601656 | 0.642034 | 0.660050 | 0.700428 |
| Fibonacci | 0.539534 | 0.561841 | 0.575622 | 0.597928 | 0.620235 | 0.634016 | 0.656322 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.463783 | 0.490999 | 0.528606 | 0.555822 | 0.593429 | 0.620645 | 0.658252 |
| Camarilla | 0.548386 | 0.554328 | 0.560270 | 0.566212 | 0.572154 | 0.578096 | 0.584038 |
| Woodie | 0.468978 | 0.493597 | 0.533801 | 0.558420 | 0.598624 | 0.623243 | 0.663447 |
| Fibonacci | 0.490999 | 0.515762 | 0.531060 | 0.555822 | 0.580585 | 0.595883 | 0.620645 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.276852 | 0.372757 | 0.488511 | 0.584416 | 0.700170 | 0.796075 | 0.911829 |
| Camarilla | 0.546059 | 0.565461 | 0.584863 | 0.604265 | 0.623667 | 0.643069 | 0.662471 |
| Woodie | 0.286777 | 0.377719 | 0.498436 | 0.589378 | 0.710095 | 0.801037 | 0.921754 |
| Fibonacci | 0.372757 | 0.453611 | 0.503562 | 0.584416 | 0.665270 | 0.715221 | 0.796075 |
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): | 28.12 | |
| MACD (12,26,9): | -0.0038 | |
| Directional Movement: | -28.039921 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.588121 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.595665 | |
| Elder Ray (13): | -0.006226 | |
| Super Trend (3,10): | 0.596020 | |
| Zig ZAG (10): | 0.583910 | |
| VORTEX (21): | 0.8147 | |
| Stochastique (14,3,5): | 19.42 | |
| TEMA (21): | 0.587013 | |
| Williams %R (14): | -77.02 | |
| Chande Momentum Oscillator (20): | -0.009413 | |
| Repulse (5,40,3): | 0.2760 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0750 | |
| Courbe Coppock: | 2.12 |
| MA7: | 0.571092 | |
| MA20: | 0.552181 | |
| MA50: | 0.553432 | |
| MA100: | 0.586640 | |
| MAexp7: | 0.587755 | |
| MAexp20: | 0.593272 | |
| MAexp50: | 0.597809 | |
| MAexp100: | 0.596613 | |
| Price / MA7: | +2.67% | |
| Price / MA20: | +6.19% | |
| Price / MA50: | +5.95% | |
| Price / MA100: | -0.05% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -1.17% | |
| Price / MAexp50: | -1.92% | |
| Price / MAexp100: | -1.72% |
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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